African News

SOFEC taps BMT and Sonardyne for Coral South off Mozambique

Jun 20, 2019

SOFEC Inc. has contracted BMT and Sonardyne Inc., under their teaming agreement, to supply a mooring monitoring system for Eni’s Coral South floating liquefied natural gas (FLNG) project offshore Mozambique. SOFEC, a MODEC Group company, is supplying the turret mooring system for the FLNG vessel under an EPC contract with a joint venture between TechnipFMC and JGC Corp.…

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Sound Energy in fund raising effort for Morocco operations

Jun 20, 2019

Sound Energy, the Moroccan focused upstream gas company, announces the conditional placing of new ordinary shares to raise US$3.0 million before costs (the “Placing”). The net proceeds of the Placing of approximately US$2.7 million will strengthen the Company’s cash position whilst the Company continues to explore the marketing of its Eastern Morocco portfolio which is…

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Over 10,000 benefit from solar project in Gwanda, Zimbabwe

Jun 20, 2019

More than 10 000 people are now benefiting from Zimbabwe’s first solar-powered mini-grid in Gwanda rural district giving farmers a much cheaper and reliable energy source. The Mashaba solar-powered mini-grid was funded through a four-year 7,1 million project for Zimbabwe and Malawi under the European Development Fund (EDF), the main instrument for European Union (EU)…

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Angola struggles to sell its oil on demand fears, weak margins

Jun 20, 2019

Angola, a key provider of oil to China, has suffered its slowest trading month this year as poor refining margins, high freight rates and subdued demand amid the trade war between Beijing and Washington curbed its sales. Angolan crude had been selling out easily each month, with heavier grades especially coveted since similar Iranian and…

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Dutch firm to invest $70m on solar factory in Rwanda

Jun 19, 2019

At least 900,000 households, or 4.2 million people, will be connected to electricity in the next five years if the proposed solar factory begins operations. Dutch solar firm, NOTS, has announced it will invest $70 million (about Rwf61 billion) in the production of solar lighting products in Rwanda, raising the country’s prospects of achieving universal…

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Tlou Energy provides update on Lesedi CBM project in Botswana

Jun 19, 2019

Tlou Energy has announced that the Lesedi 3 production pod has successfully reached Critical Desorption Pressure (‘CDP’).  CDP is the pressure that gas begins to come out of the coal after a careful dewatering process. Highlights Lesedi 3 has reached CDP Lesedi 4 continues to be carefully dewatered in a consistent and controlled manner Tlou’s Managing Director,…

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Quantel RE set to construct Malawi solar plant

Jun 19, 2019

Independent power producer (IPP), Quantel Renewable Energy, plans to construct a 50-MW solar plant. The plant will be located in the locality of Bwengu. The implementation of the project is expected to start in August. The plant will be built in six months and the production will be sold to the national electricity grid as…

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Ghana’s NLA to roll out solar powered e-kiosks soon

Jun 19, 2019

The National Lottery Authority’s (NLA) solar-powered e-kiosk, which will be rolled out soon with the collaborative efforts of the Ghana Revenue Authority (GRA), banks, telecommunication companies, and utility service providers will usher the country into a Cash-lite society The e-kiosk project, according to a release from the NLA, will ensure interoperability between bank accounts, mobile…

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Libya continues operational tests on Ubari gas fired plant

Jun 19, 2019

Informed sources from Ubari gas-fired power plant confirmed Saturday the continuation of operational testing of the turbines, in preparation for the operation of the plant, according to local media outlets. The tests commenced after the start of pumping oil from the Sharara oilfield to the power plant, last Friday. The General Electricity Company is expecting the…

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OLA Energy, UADH sign agreement for Africa operations

Jun 19, 2019

Two agreements have been signed today: (1) an agreement between Eurorepar Car Service and UADH, on the deployment of the multibrand network in Africa, (2) an agreement between UADH and OLA Energy (www.OLAEnergy.com), to incorporate Eurorepar Car Service workshops into the OLA Energy service stations network. Agreement between PSA Group and UADH UADH and the…

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