Africa’s Oil and Gas Sector Regains Momentum Despite Price Pressures
Africa’s Oil and Gas Sector Regains Momentum Despite Price Pressures Africa’s oil and gas sector ended 2025 on a stronger footing than expected, despite lower crude prices and continued pressure from environmental groups and global investors. Several delayed or suspended projects moved forward, signaling renewed momentum across key producing countries and a shift in strategic […]
Acumen’s Hardest-to-Reach Initiative Secures $250 Million for African Energy Access
Acumen’s Hardest-to-Reach Initiative Secures $250 Million for African Energy Access Acumen has announced that its Hardest-to-Reach Initiative (H2R) has reached its $250 million blended capital target to accelerate clean and affordable energy access across sub-Saharan Africa, with the final close of its debt vehicle, H2R Amplify, at $180 million. The milestone includes a new commitment […]
Sudan’s Khartoum State Backs Solar Energy Manufacturing Initiative with Chinese Partnership
Sudan’s Khartoum State Backs Solar Energy Manufacturing Initiative with Chinese Partnership The Wali of Khartoum State has affirmed the state’s support for initiatives led by national institutions to develop solar energy systems by establishing partnerships with Chinese companies to indigenize the manufacturing of solar energy components. The announcement came during his meeting on Thursday with […]
Nigeria’s Top Oil Regulators Deepen Partnership to Resolve Regulatory Overlaps
Nigeria’s Top Oil Regulators Deepen Partnership to Resolve Regulatory Overlaps The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) have taken significant steps toward enhancing regulatory efficiency and closing noticeable overlaps in Nigeria’s oil and gas sector. This renewed collaboration was formalized during a meeting held at the […]
Senegal’s Oil Production Soars to 36.1 Million Barrels, Exceeding Forecasts
Senegal’s Oil Production Soars to 36.1 Million Barrels, Exceeding Forecasts Senegal’s oil output for 2025 reached 36.1 million barrels, significantly exceeding initial projections, according to the Ministry of Energy, Oil and Mines. The achievement marks a major success for the West African nation’s nascent oil industry, with production surpassing expectations by nearly 20%. Initial projections […]
Levene Energy and BlueCore Consortium Complete $285 Million Acquisition of Nigeria’s Axxela Gas
Levene Energy and BlueCore Consortium Complete $285 Million Acquisition of Nigeria’s Axxela Gas Energy services solutions provider Levene Energy has completed a major acquisition of natural gas company Axxela Limited, marking its strategic entry into Nigeria’s midstream and downstream gas sectors. The transaction, valued at approximately $285 million, was executed through the BlueCore Gas InfraCo […]
First Oil Shipment Through $5 Billion East African Pipeline Set for October Launch
First Oil Shipment Through $5 Billion East African Pipeline Set for October Launch Uganda and Tanzania have announced that crude oil exports via East Africa’s longest crude oil pipeline are expected to begin in October 2026, marking a historic milestone for the region’s entry into the global energy market. The announcement came this week following […]