From renewables to resources — the energy economy shaping tomorrow.
ENERGY
New report reveals record solar imports, bold battery breakthroughs, and the technologies reshaping the continent’s energy future
ENERGY
Oando PLC posts ₦210 billion profit for the first nine months of 2025—a 164% increase year-on-year—driven by NAOC asset gains, higher production, and strategic financing moves, reaffirming its position as Nigeria’s leading indigenous energy group.
BUSINESS
Africa Finance Corporation’s portfolio company Infinity Power has achieved financial close on the 200MW Ras Ghareb Wind Farm in Egypt, securing $153 million in financing from EBRD, Proparco, and JICA. Once complete, the project will power 300,000 homes and cut 390,000 tonnes of CO₂ annually.
DEVELOPMENT
With almost 600 million people in Sub-Saharan Africa still lacking electricity, Mission 300 has become the region’s most closely watched effort to close the access gap by connecting 300 million people by 2030. The initiative, led jointly by the World Bank Group and the African Development Bank Group, targets 250 million connections via the World Bank and 50 million via […]
ENERGY
CAPE TOWN, South Africa – October 7, 2025 — GOIL PLC, Ghana’s leading oil and gas marketing company, has announced plans to commission an additional 12,000 metric tons of liquefied petroleum gas (LPG) storage capacitywithin the next year. The $50 million investment forms part of the company’s broader strategy to enhance energy security and bridge infrastructure gaps in […]
ENERGY
Congo is set to approve a new gas code that offers clearer regulatory terms and incentives to attract investment in its natural gas sector.
ENERGY
CAPE TOWN, South Africa — October 2, 2025 — Namibia has won the top prize at the ExxonMobil Foundation STEM Africa Regional Finals, announced during the African Energy Week: Invest in African Energy Awards & Gala Dinner on September 30. The Namibian team was recognized for an innovative waste-to-energy project that uses a 3D-printed frame to convert fish waste into nutrient-rich bio-feed for plants, […]
ENERGY
CAPE TOWN, South Africa — October 1, 2025 – Sierra Leone has officially become a member of the International Energy Forum (IEF), marking a significant step in strengthening its role within global energy discussions. The agreement was signed during the African Energy Week (AEW): Invest in African Energies 2025 conference. The deal was formalized between IEF Secretary General Jassim AlShirawi and Foday […]
AFRICA
CAPE TOWN, South Africa, September 26, 2025 — The Organization of the Petroleum Exporting Countries (OPEC) and the African Energy Chamber (AEC) will co-host the OPEC-Africa Roundtable at African Energy Week (AEW) 2025: Invest in African Energies in Cape Town. The event will unite ministers, policymakers, and industry leaders in a high-level dialogue on Africa’s oil and gas future. With Africa holding 7.8% of global […]
AFDB
NEW YORK, United States of America, September 26, 2025 — Seventeen African governments today announced reforms and concrete plans to expand electricity access under Mission 300 — a partnership led by the World Bank Group and the African Development Bank Group (AfDB) that aims to connect 300 million Africans to reliable power by 2030. The commitments were unveiled at the Bloomberg Philanthropies Global […]