Energy Capital & Power

1 day ago | energycapitalpower.com | Nicholas Nhede

Namibia’s Petroleum Commissioner at the Ministry of Industries, Mines and Energy Maggy Shino has announced the country aims to achieve first oil production by 2030. Speaking at the Namibia International Energy Conference in Windhoek on April 23, Shino said the country has achieved several milestones in the past 12 months and is currently launching new campaigns to transform recent oil discoveries into production-ready projects.

1 day ago | energycapitalpower.com | Nicholas Nhede

Australian mining company Genmin has entered into a binding agreement with Chinese state-owned hydropower and construction firm, Sinohydro, to advance the development of the Baniaka Iron Ore Project in Gabon. Under the agreement, Sinohydro will prepare an engineering, procurement and construction plan for the project and support Genmin in securing more than $250 million in financing.

1 day ago | energycapitalpower.com | Nicholas Nhede

Engineering firm Orascom Construction has announced the start of commercial operations for 500 MW of generation capacity at Egypt’s Ras Ghareb Wind Farm. With a total planned capacity of 650 MW, the project is now the largest operational wind farm in Africa. Developed in partnership with ENGIE, Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, the project reached this milestone six months ahead of schedule. The first 306 MW was brought online in January 2025.

2 days ago | energycapitalpower.com | Nicholas Nhede

Canadian oil and gas company Reconnaissance Energy Africa (ReconAfrica) has signed an agreement with Angola’s National Oil, Gas and Biofuels Agency to explore 5.2 million acres in the onshore Etosha-Okavango basin. Under the terms of the deal, ReconAfrica will hold an 80% working interest in the permit area, with Angola’s national oil company, Sonangol, retaining the remaining 20%.

1 week ago | energycapitalpower.com | Nicholas Nhede

David Tait, CEO of the World Gold Council, will participate at the upcoming Mining in Motion Summit – taking place on June 2-4, 2025, in Accra – as a keynote speaker. Representing the global trade body for the gold industry, Tait’s participation underscores Ghana’s growing influence in the global gold market. As Africa’s top gold producer and the world’s sixth-largest, Ghana plays an increasingly vital role in ensuring the stability and sustainability of global gold supply.