The Africa Energy Bank (AEB) is set to begin operations on January 28, 2025, with Nigeria hosting its headquarters. The bank aims to address financing gaps in Africa's oil and gas sector, having already secured 45 percent of its startup capital.
The Namibia International Energy Conference (NIEC) will take place from April 23-25, 2025, in Windhoek, focusing on Namibia's development as a regional energy hub. The event will gather over 900 delegates to discuss offshore discoveries, renewable energy, and partnerships to ensure local communities benefit from the country’s resources.
The Tanzanian government is actively engaging investors in the development of renewable energy sources, including geothermal, solar, and wind, to diversify the country's energy mix and promote sustainability. Recent updates highlight ongoing projects that aim to harness geothermal resources, with significant potential for electricity generation across several regions.
BRICS is expanding to include six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—to strengthen its geopolitical influence and enhance energy cooperation. This could reshape global energy trade by uniting major oil producers and enabling alternative trading mechanisms outside the dollar system.
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 inaugural Tanzania Energy Investment Summit will be held on November 12-13, 2024, in Dar es Salaam, bringing together stakeholders to explore investment opportunities in the country's energy sector. Co-organized by HBZ International and TAOMAC, the summit emphasizes Tanzania's role as a regional energy hub and focuses on clean energy solutions and sustainable development.
The Ministry of Energy, in collaboration with UNDP, organized a workshop to equip experts from various government institutions with the tools needed for effective energy management and auditing in Tanzania. The initiative aims to improve energy efficiency and ensure reliable, affordable energy access for all Tanzanians.
The article discusses a meeting led by the Permanent Secretary of Energy, Hon. Felchesmi Mramba, where he emphasized the importance of professionalism and efficiency among ministry staff to enhance service delivery in the energy sector. Additionally, he encouraged physical health and announced the ongoing construction of a new office building for the ministry.
Deputy Minister for Industry and Trade, Mr. Exaud Kigahe, invited global companies to invest in Tanzania's transforming energy sector during the 8th Power and Energy Africa International Trade Exhibition in Dar es Salaam, highlighting significant infrastructure projects and supportive government policies. The event showcased exhibitors from 22 countries, with participants expressing enthusiasm for Tanzania's stable business climate and growth potential in renewable energy.
The UAE is partnering with Siemens Energy to advance its green energy sector and achieve carbon neutrality by 2050 through a new memorandum of understanding. This collaboration aims to enhance grid infrastructure, promote sustainable development, and support the energy transition in the UAE.
The International Energy Agency (IEA) anticipates that global investment in renewable energy, spanning electric vehicles, nuclear power, grids, storage, low-emission fuels, efficiency upgrades, and heat pumps, will reach $2 trillion this year. This figure represents a doubling of investment compared to fossil fuels, marking the second consecutive year where renewable energy and grid investments outpace those directed toward fossil fuels.
Egypt's energy sector received the majority of the concessional financing recently announced by the European Union to Cairo, totaling €5 billion ($5.4 billion).
For some time now, we’ve seen the race to develop non-fossil energy technology heat up, most emphatically in the nuclear arena.
After having invested US$300 million from the World Bank in the extension of the port of Nampula, the State of Mozambique is in the midst of negotiations with Japan, which should soon install a factory for the local manufacture of batteries for electric vehicles. The project will make it possible to exploit the mineral resources of the province of Cabo Delgado, which are almost essential for the development of green mobility
South Africa’s cabinet approved a bill on electricity regulation
Namibia and South Africa are eager to increase cooperation in various areas, including the energy sector
Green Energy Park to provide solar solutions for electric mobility
THE Tanzania Atomic Energy Commission (TAEC) has shifted its base to the country’s capital, Dodoma.
It is expected to start developing green hydrogen production capacity at plants in the coastal cities of Lamu and Mombasa.
Kenya aims to have its first nuclear power plant up and running by the year 2038 to cater for growing power demand in the country.
The UK is to implement three major development projects in Kenya
Minister of Energy: OPEC+ has the means to deal with market challenges including cutting production at any time and in different forms.
The British government says it will introduce a new round of economic, trade, and transport sanctions on Belarus
The company is the leading supplier of oil based on quality, safety, health and direct time.
Russia has been accused of ‘weaponizing’ food and holding grain for millions of people
The European Union (EU) is set to mobilise €1.6 bn to finance the energy transition projects in Morocco.
Major Energy Company of Russia keen to invest in Ethiopia, Ministry of Foreign Affairs said.
The government through the Tanzania Petroleum Development Corporation (TPDC) has signed a contract with Baker Botts LLP
The Zambian government said on Monday that reducing subsidies on fuel and electricity
East Africa electricity sector is Africa’s best regulated across a number of key metrics for the fourth consecutive year.
Kenya ranks second in Africa for having a progressive electricity regulatory regime
The African Energy Chamber (AEC) (EnergyChamber.org) has officially launched its highly anticipated 2022 outlook for the African energy sector
The UN climate summit, COP26, opened its doors this Sunday in Glasgow, Scotland. Many are calling it the summit of the last chance. The goal is to keep global warming below 1.5 degrees.
Congo is the third-largest oil producer in sub-Saharan Africa after Nigeria and Angola, with an estimated production of 336,000 barrels of crude oil per day.