African News

SA Energy Minister announces adjustment of fuel prices from June 3rd

Jun 3, 2020

Minister of Mineral Resources and Energy, Mr Gwede Mantashe, announces adjustment of fuel prices effective from the 3rd of June 2020 The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, announces the adjustment of fuel prices based on current local and international factors with effect from the 3rd of June 2020. South Africa’s fuel…

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GRMF calls for applications to finance geothermal projects in East Africa

Jun 3, 2020

The Geothermal Risk Mitigation Facility for East Africa (GRMF) has just launched its 6th round of applications for the financing of geothermal projects in East Africa. Developers of geothermal projects in East Africa have until July 15, 2020 to express their interest. The Geothermal Risk Mitigation Facility for East Africa (GRMF) is preparing to support…

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Malawi’s MAREP lights up Rumphi West, 45 000 people to connect

Jun 3, 2020

About 45000 people of Rumphi West stand to benefit from electricity supply following the switching on of Thazima under the extended Malawi Rural Electrification Programme (Marep) phase 8 power line. Muluzi (L) with Kalua after unveiling a foundation stone in Rumphi Minister of Energy, Atupele Austin Muluzi switched on Thazima Power Line on Monday at…

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NamPower to invest more than $ 575m in power generation and transportation in 3yrs

Jun 3, 2020

NamPower is taking the plunge. $ 575.8 million in electricity production and transmission in three years, and it is renewable energies that should be the big winners in this program. Ultimately, it is a question of putting an end to the imports of electricity which weigh on the company. In Namibia, the national power company…

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Tullow’s oil exploration pilot project in Kenya ends, paving way for full-field development

Jun 3, 2020

Oil and gas producer Tullow Oil’s contract on the Early Oil Pilot Scheme in Kenya has expired after running for a period of two years. According to the company, the expiry of the contract is the first step of full field development, FFD, which is a standard practice for onshore oil field development. In a…

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Mali’s EDM takes steps to end the load shedding wave

Jun 3, 2020

Energie du Mali (EDM-SA) has increased its capacity to detect faults in its underground cables in order to restore electricity supply in the capital and in several cities in the country. This is to stem the wave of discontent linked to load shedding that affects consumers. In Mali, the national electric company, EDM is taking…

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IOC issues new tenders for African crude as Chinese demand shrinks

Jun 3, 2020

Demand from independent refineries in China has started to wane on weak margins, higher differentials and the near evaporation of contango. Around 15 cargoes of July loading Angolan were still available.  BP sold a cargo of Angolan Girassol previously offered at dated Brent plus $3.30 but further details did not immediately emerge. India’s IOC has…

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Stakeholders see a diversified energy mix for a clean energy transition in Africa

Jun 3, 2020

The world’s incredible decrease in energy consumption caused by COVID-19, and the unprecedented collapse of the oil and gas markets has some arguing that 2019 was the peak for oil and clean energy will dominate in the years ahead. This and more was unpacked during a renewable energy webinar hosted by the African Energy Chamber…

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Gemcorp completes preliminary stage of Cabinda Refinery construction in Angola

Jun 3, 2020

Gemcorp, an emerging markets trade and investment group, has completed the preliminary stage of constructing the Cabinda Oil Refinery project in Angola, comprising: Completion of de-mining, land clearance, and site preparation for 38 hectares of land. Completion of ISBL (Inside Battery Limits – Refinery Crude Distillation Unit and Merox Unit) FEED (Front End Engineering and…

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Tullow confirms 58 cases of Covid-19 in its workforce in Ghana

Jun 2, 2020

In Ghana, the hydrocarbon producer Tullow Oil announced that 58 of its offshore workers have just tested positive for coronavirus. A situation which, it tempers, has not affected production. Among the affected employees is a worker on board a floating production, unloading and storage facility (FPSO), as well as 57 people on board the oil…

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