Africa

Resources and Energy Minister Gwede Mantashe says the possibility of load shedding during the 21-day nationwide lockdown is unlikely. "The supply of fuel to the relevant critical and essential services, as well as the supply of coal to Eskom for electricity supply and...

Fuel prices in Seychelles are expected to drop as the cost of crude oil keeps falling on the global market, said a high official recently. Amidst the negative impact on the global economy from the COVID-19 pandemic, demand for oil has dropped, resulting in a decrease...

Earlier this month, shortly before the global outbreak of the Coronavirus, also known as COVID-19, the price of oil tumbled from $68 to $30 per barrel. It's a double whammy for oil-dependent countries, but particularly Nigeria, one of the world's most volatile...

Despite a huge reserve of over 37 billion barrels of bitumen, the mineral used in the production of asphalt for road construction, manufacturing of asbestos and other waterproofing materials, Nigeria has continued to waste foreign exchange in importing the product,...

TANZANIA has been ranked the second country in Sub- Saharan Africa for putting in place a modern laboratory complex that increases safety and control of radiation sources locally. Speaking at a short ceremony to lay foundation stone at Tanzania Atomic Energy...

The new 20-megawatt thermal power located in Cuito, central Bié province, has been working on an experimental basis since February 2020, according to director of Provincial Office of Infrastructure and Technical Services. Abel Guerra told a press conference on Friday...

Work is progressing steadily on the 20.4 hectare land acquired to construct a 13 megawatts solar power plant at Kaleo in the Nadowli Kaleo District of the Upper West Region. When completed, the £22.8 million plant is expected to provide power to 32,000 households in...

Business representatives from Cameroon recently discussed with their American peers the future of oil and its impact on economies. Led by the American Chamber of Commerce in Cameroon, AmCham, the 31 participating companies recently gained knowledge on joint venture...

Nigeria may soon slip out of reckoning as a profitable oil producer in the Organisation of Petroleum Exporting Countries (OPEC) if crude oil prices decline further by at least another $3. On Monday, the ravaging impact of the deadly coronavirus pandemic worsened,...

TANZANIA's 73.4 per cent of the villages are now electrified, making the country excel on the continent with its largest population being able to access reliable and affordable power supply, according to Minister for Energy, Dr Medard Kalemani. Announcing new measures...