The Grand Ethiopian Renaissance Dam (GERD) aims to be Africa's largest hydroelectric facility, boosting Ethiopia's economy but raising regional tensions with Egypt and Sudan over water rights. Its success hinges on Ethiopia managing relationships with downstream nations effectively.
Tanzania and Singapore are enhancing their partnership in the energy sector to share expertise and improve electricity generation capabilities. During a recent meeting, officials discussed strategies to boost trade and collaboration, aiming to meet Tanzania's ambitious energy goals by 2030.
The East African Crude Oil Pipeline (EACOP) project has reached 45.5% completion, with ongoing construction activities from Hoima, Uganda, to Tanga, Tanzania. Significant progress includes the creation of thousands of jobs and substantial local investments, with construction expected to be completed by mid-2026.
The report on the largest exporters of liquefied gas in Africa during the third quarter of 2024 highlights an increase in exports from most African countries, with the exceptions of Algeria and Equatorial Guinea.
In the third quarter of 2024, the top 10 global importers of liquefied gas remained unchanged in the top five compared to the first half of the year, with China maintaining its lead.
British oil company BP is scaling back its involvement in renewable energy projects as it refines its 2020 strategy, shifting its focus back to oil and gas.