African News

Egypt’s Ganope to drill 16 exploratory wells in 2020/21 fiscal year

Feb 25, 2020

Ganoub El Wadi Petroleum Holding Company (Ganope) plans to drill 16 exploratory wells during the fiscal year 2020/21 with total investments of US$53mn, according to the company’s chairman Mohamed Abdel Azim The company also plans to achieve a rise in petroleum production by 17 per cent, with daily production average to reach 27,500 bpd. Abde…

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Sinje Health Center in Liberia receives solar power

Feb 25, 2020

Sinje Health Center in Grand Cape Mount County has received the largest solar power under UNDP Liberia Solar for Health Project. At a technical handover of the 3 kilowatt power grid system at the weekend, the health facility received 154 panels-(275 watts each) and 54 batteries- a capacity of 3000 watts each. The aim is…

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Africa Energy signs farmout agreements with Azinam and Panoro for Block 2B off S. Africa

Feb 25, 2020

Africa Energy Corp has announced the execution of two farmout agreements whereby the Company will transfer an aggregate 62.5% participating interest in the Exploration Right for Block 2B offshore South Africa in consideration for a carry through the next exploration well, Gazania-1, which is expected to spud by the end of 2020. Africa Energy will…

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IFC set to assess energy storage potential in Burkina Faso

Feb 25, 2020

The International Finance Corporation (IFC) will assess the economic benefits of deploying energy storage in Burkina Faso and its contribution to a possible increase in the installation of solar power generating capacity in the West African nation. IFC, a member of the World Bank Group, said in a statement today that it has signed an…

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Sudan’s Ministry of Energy signs agreement with Schlumberger International

Feb 25, 2020

The Ministry of Energy and Mining has signed an agreement with Schlumberger International to develop the oil and gas sector. The Minister of Energy and Mining Eng. Adel Ali said that the agreement is considered to open up cooperation horizons with Schlumberger International for the development of the oil and gas sector by increasing exploration,…

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Arch injects $16.5m in CrossBoundary Energy to expand solar to companies in Africa

Feb 25, 2020

The British investment fund ‘Arch Emerging Markets Partners’ has invested $16.5 million equity capital in the solar off-grid provider CrossBoundary Energy (CBE). The investment will enable the company to expand its services in Africa. The solar off-grid provider CrossBoundary Energy (CBE) has secured funds for its expansion in Africa. The $16.5 million is being invested…

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Africa focused Kosmos plans to leverage its oil revenues to develop more gas projects

Feb 25, 2020

Kosmos Energy CEO Andy Inglis has announced that the company’s short-term oil production will be used to finance new natural gas projects in the medium and long term. The company thus marks its desire to focus its activities on natural gas which, despite the drop in prices at the moment, has become more profitable than…

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Senegal opens West Africa’s first big wind farm

Feb 25, 2020

With the wind farm, Senegal will get 30% of its energy from clean sources, in a push to cut its dependence on fossil fuels Senegal inaugurated the first large-scale wind farm in West Africa on Monday, a facility that will supply nearly a sixth of the country’s power when it reaches full capacity later this…

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Lekela Power breaks ground on 250MW West Bakr wind farm in Egypt

Feb 25, 2020

African renewables developer Lekela has broken ground on the 250MW West Bakr wind farm in Egypt. The project is located 30km north-west of Ras Ghareb and is part of the government build, own and operate the scheme. A 20-year community investment plan is being deployed in the areas as part of the project, which includes…

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SA focused mining firm to power its mining trucks with hydrogen

Feb 25, 2020

Mining company Anglo American is working with ENGIE and Williams Advanced Engineering to modify its fleet of mining trucks to make them hydrogen-powered. According to the Business Insider South Africa, ENGIE will be supplying the hydrogen technology and Williams the battery system, while Anglo American is providing its own Komatsu trucks. The first rounds of…

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