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Chariot to spin out renewable energy division

1 week ago | africa-energy.com | Dominic Dudley

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Shell ups stake in Nigeria’s deepwater Bonga field

1 week ago | africa-energy.com | Dominic Dudley

Issue 527 - 29 May 2025 - By Dominic Dudley | 1 minute read Shell has increased its interest in Nigeria’s deepwater Bonga field to 67.5% by acquiring a stake from TotalEnergies for $510m.
EIB backs Moroccan transmission expansion as renewables output rises and investors line up

1 week ago | africa-energy.com | Jon Marks

In depth Issue 527 - 29 May 2025 - By Jon Marks | 5 minute read The European Investment Bank is supporting state utility Onee’s grid expansion to accommodate the rising input from solar and wind generation, while developers are looking towards new investments, including Saudi Arabia’s Acwa Power – now it has repaired its Noor III concentrated solar plant.
Kenya doubles funding for Lokichar oil pipeline study | African Energy

1 week ago | africa-energy.com | Maina Waruru

Issue 527 - 29 May 2025 - By Maina Waruru | 1 minute read Nairobi has doubled its funding for studies to develop the 824km Lokichar-Lamu crude oil pipeline (LLCOP), designed to take crude from the South Lokichar oil fields to the port of Lamu. State funding for upstream exploration has also increased, in a sign that Kenya is intent on developing its oil resources, with a bidding round also being prepared.
Financing breakthrough could dispel doubts on Nigeria-Morocco gas pipeline mega-project | African Energy

2 weeks ago | africa-energy.com | Jon Marks

In depth Issue 526 - 21 May 2025 - By Jon Marks | 9 minute read Nigeria may be hard-pressed to provide enough gas to meet its existing export commitments and booming domestic demand, but Abuja insists it will be able to supply both the mega-project at the centre of King Mohammed VI’s Africa policy and a rival scheme promoted by Algeria.
South Africa: New GX and RMB Ventures launch $120m fund

3 weeks ago | africa-energy.com | Marisa Lourenço

Issue 526 - 18 May 2025 - By Marisa Lourenço | 1 minute read Infrastructure investor New GX Capital and private equity firm RMB Ventures have launched the Airnergize Capital Fund (ACF) I to invest in South African renewables, gas and water infrastructure.
South Africa: FlexED targets 1GW Khanyazwe gas-to-power IPP

3 weeks ago | africa-energy.com | Marisa Lourenço

Issue 526 - 15 May 2025 - By Marisa Lourenço | 1 minute read FlexED has set out plans for a substantial new gas-to-power plant near Malelane in South Africa’s Mpumalanga province. It makes the Johannesberg-based firm one of the first bidders to emerge for the Department of Mineral Resources and Energy’s gas-to-power IPP procurement (GASIPPP) programme.
Energean exits Moroccan offshore, handing licences back to Chariot

3 weeks ago | africa-energy.com | Dominic Dudley

Issue 526 - 15 May 2025 - By Dominic Dudley | 2 minute read Energean has handed back stakes in two offshore licence areas that it acquired from Chariot in a 2024 deal. The change of heart follows an unsuccessful drilling campaign in September and leaves operator Chariot to reassess the development plan.
Kenya suffered fall in power generation capacity in 2024, even as demand grew

3 weeks ago | africa-energy.com | Maina Waruru

Issue 526 - 13 May 2025 - By Maina Waruru | 1 minute read Official Kenya data has shown demand for electricity remains robust, but – unusually – installed, on-grid power generation capacity fell in 2024, bolstering calls for Nairobi to rescind a de facto ban on new IPPs.
Kenya plans maintenance work on 500kV power interconnector with Ethiopia

3 weeks ago | africa-energy.com | Maina Waruru

Issue 526 - 13 May 2025 - By Maina Waruru | 1 minute read Kenya Electricity Transmission Company (Ketraco) is due to start rehabilitation work on a regionally significant power transmission line, which runs from Suswa in Kenya to Wolayita Sodo in Ethiopia. Bids have been invited for the for the work via Ketraco’s e-procurement platform.