Senegal Refines its First Batch of Petroleum Products
Created in 1961, Senegal’s Societe Africaine de Raffinage (SAR) never really took off. Last week, it finally announced it has
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Energy
BII Makes Handsome Profit by Selling Stake in Ayana Renewable Power in India
On 12 February 2025, the British International Investment (BII) was pleased to announce that it has signed a share purchase
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M300 Africa Energy Summit Touts Electrifying Africa as ‘Mission Possible’
On 27 January 2025, the Mission 300 Africa Energy Summit kicked off in Dar es Salaam in Tanzania. Along with
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China Pulls Out of Grand Inga Dam Project, But World Bank Still In
The Chinese contractor Three Gorges Corporation has reportedly pulled out of the Inga Dam project, which, when built, is set
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DFC Disburses 1st Tranche for 105 MW Gas Power Plant in Sierra Leone
On 10 December 2024, the US International Development Finance Corporation (DFC) effected its first disbursement for a USD 292 million
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Chappal Energies Secures $360M Bridge Loan for Equinor’s Oil & Gas Prime Assets
On 6 December 2024, Nigerian Oil & Gas (O&G) company Chappal Energies announced the closure of its acquisition of Equinor
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Niger Ousts France’s Orano in Favor of Russia in Uranium Mining
On 8 November 2024, Niger Minister of Mines Ousmane Abarchi announced that Niger is in advanced talks with Russian companies
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Perenco Plans to Place 75% of its $2B Investment in Africa
Perenco recently made public certain details of its investment plan worth USD 2 billion for the next few years. Perenco
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Power Africa Grants $1.87M for Feasibility Studies on Volobe Dam in Madagascar
During the general shareholders meeting (GSM) of Africa50 and the celebration of the 50th anniversary of Africa50 Infrastructure Investment Platform
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Nyerere Dam to be Commissioned by End 2024
The Julius Nyerere Hydroelectric Power Plant (HPP) is nearing completed and is expected to go online by the end of
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