Energy & Mining
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Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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AfDB approves US$ 16.5mln loan to boost Kenya’s clean energy transition
NAIROBI, January 26, 2026 — TheAfrican Development Bank Group [AfDB] has approved a loan of US$ 16.5 million to support the development of the 35 MW OrPower Twenty-Two [OTTL] Geothermal Power Plant,…
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Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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Over 200,000 customers to gain power as Absa, UEDCL seal Shs 175bln financing deal
KAMPALA, January 23, 2026 — More than 200,000 households and businesses across Uganda are set to gain access to electricity following the recent signing of a landmark financing agreement between Absa Bank…
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What the United States-Venezuela Oil Shift Means for Caribbean Energy Markets
PARAMARIBO, January 20, 2026 — When the United States completed its first sale of Venezuelan oil this week, the US$ 500 million transaction reopened a geopolitical channel that had been largely dormant…
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African Power Pools: How Regional Integration Can Strengthen Energy Security
CAPE TOWN, January 14, 2026 — Regional electricity integration could be a game-changer for Africa, helping countries address persistent electricity challenges and attract investment in energy infrastructure, according to the African Energy Chamber’s…
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Frontier Exploration Renaissance: How New Seismic Technology Is Unlocking Africa’s Undeveloped Basins
CAPE TOWN, January 7, 2026 — Recent months have witnessed a surge in seismic data deals and renewed exploration activity across Africa. In November 2025, TGS, a leader in energy data and…
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Africa’s Upstream Future: Momentum builds, but investment discipline remains a hurdle
By NJ Ayuk CAPE TOWN, January 6, 2026 — Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for the…
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African Pipeline Projects: What’s Holding Up Development?
CAPE TOWN, December 3, 2025 — While Africa possesses vast hydrocarbon resources, decades of underdeveloped infrastructure continue to limit the economic potential of its oil and gas sector. In 2025, several major…
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UEDCL upgrades Kampala South Substation to meet rising electricity demand
KAMPALA, January 1, 2026 — Households and businesses along Entebbe Road are expected to experience improved electricity reliability following the upgrade of the Kampala South Substation from 20 megawatts to 34 megawatts…
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