Energy & Mining
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Africa must rewire US$ 29.5trn mineral endowment around industry, infrastructure and demand, AFC study says
KAMPALA, February 10, 2026 — Africa hosts an estimated US$ 29.5 trillion in mine-site mineral value, representing about 20 percent of global mineral wealth, yet captures only a fraction of the economic…
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AEC endorses Kigali’s Africa CEO Forum as the continent’s strategic hub
KIGALI, February 7, 2026 — The African Energy Chamber [AEC] has formally endorsed the upcoming Africa CEO Forum in Kigali, positioning the May 2026 gathering as a critical platform for investment, partnership and…
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Gov’t and Standard Chartered sign Shs 2.747 trillion agreements to finance key infrastructure projects
KAMPALA, January 31, 2026 — The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth Shs 2.747 trillion to fund three major infrastructure projects aligned with the Government’s…
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AfDB approves new programme to Help African countries turn energy promises into power for millions
ABIDJAN, January 31, 2026 — The Board of Directors of the African Development Bank [AfDB] has approved a new US$ 3.9 million, two-year technical assistance project to support African countries in the implementation of their…
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Mitigating climate change: Buganda adopts biogas for clean cooking
NAKASONGOLA, January 29, 2026 — Buganda Kingdom has adopted the use of biogas for clean cooking as part of efforts to combat climate change, reduce poverty and curb environmentally related diseases. The…
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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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