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HomeAfrica

Africa

Energy
Climate Crisis

African Energy Banks: A silver bullet for Africa’s Energy transformation

December 18, 2023 Mariel Alumit

Africa’s Energy Industry has found itself under a harsh spotlight as global concern over climate change increases. Various governments and IOCs around the world are pledging and planning to reduce their emissions – with varying […]

East African
Exports

East African trade bloc expands

December 18, 2023 Stu Turley

Somalia has officially become the eighth member of the East African Community (EAC) after more than a decade of lobbying to be admitted into the regional trade bloc that operates a single market and allows […]

Africa
Critical Minerals

Russia to help Africa gain control over resources – Lavrov

December 15, 2023 Stu Turley

Agreements were signed with 30 African universities during the Africa Seeks Solutions congress in St. Petersburg Russian institutes signed agreements with more than 30 African universities during a major congress in St. Petersburg, providing for […]

South African
Downstream

Major Russian bank to revive South African refinery

December 12, 2023 Stu Turley

Pretoria has expressed confidence that selecting Gazprombank as an investor will not trigger Western sanctions South African national oil company PetroSA has chosen Russia’s Gazprombank as its preferred investment partner to revive a gas-to-liquid (GTL) […]

Big Oil Companies

Daily Energy Standup Episode #263 – Opt-Outs, Copper Surges, EV Challenges, and Global Transition Struggles

December 5, 2023 Andy Del Prado

Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant […]

Energy
Coal

The Dangerous Futility of the Energy Transition in a Single Graphic

December 4, 2023 Mariel Alumit

During the 1980s-2000s, the U.S. and Europe intentionally transferred their manufacturing and industrial sectors to China. Since 2015, we have been intentionally transferring our energy security to China. The chart below illustrates the utter futility […]

minister
International News

Africans must radically alter conditions – South African minister

November 27, 2023 Mariel Alumit

Africa has not yet seen the full socio-economic benefits of partnerships with major economic powers, even as the Global South’s aspirations for a new world order advance, South Africa’s Minister of International Relations and Cooperation […]

OPEC+ Nearing Compromise in Spat
Crude Oil News

OPEC+ Nearing Compromise in Spat with African Oil Producers Over Quotas

November 24, 2023 Mariel Alumit

The OPEC+ group has made progress in talks with its African producers over their oil output quotas next year, three OPEC+ sources told Reuters on Friday, after the alliance had to postpone this weekend’s meeting over the […]

Africa
Energy Transition

Renewables alone won’t power Africa’s energy needs

November 21, 2023 Mariel Alumit

Despite Africa’s monumental fossil fuel and renewable energy potential, it faces high energy poverty levels, according to a new report. And while efforts to shift to clean energy in Africa are positive – with several countries […]

FLNG
International News

FLNG Gimi Delivered and Sailing to Africa

November 20, 2023 Mariel Alumit

Golar LNG has announced that the FLNG Gimi has departed Singapore’s Seatrium Shipyard and is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim (GTA) hub offshore Mauritania and Senegal. The voyage is expected […]

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