Africa
EACOP WILL CONTRIBUTE IN MAKING ENERGY POVERTY HISTORY IN AFRICA BY 2030
The East African Crude Oil Pipeline (EACOP) is a critical component of eradicating energy poverty in Africa by 2030. The pipeline will be critical for job creation, local community empowerment, and wider socioeconomic growth in addition to transporting much-needed oil...
AFRICAN ENERGY CHAMBER (AEC) BRINGS TO PORTUGAL’S AFRO NATION FESTIVAL THE MESSAGE OF A JUST ENERGY TRANSITION AND SUPPORT FOR OIL & GAS
The African Energy Chamber (AEC) is taking part in Afro Nation, the world's largest Afro beats festival, mobilising thousands of Africans and the African diaspora to advocate for a just energy transition and to defend Africa's right to use fossil fuels. The AEC, as...
Could wealthy nations fund the energy transition in emerging markets?
As emerging markets continue to add capacity to generate renewable energy, some of the world’s wealthiest countries could help fund their energy transitions. In recent months officials from a number of developed nations have visited Indonesia to discuss the country’s...
Crossboundary Gets $25m for Solar Mini-Grids in Africa
Kenya-based Crossboundary Energy Access (CBEA), a mini-grid infrastructure fund, has raised $25 million from ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund to back renewable energy projects across the continent. The...
Africa’s energy transition calls for pragmatic measures to keep the continent competitive
During the United Nations High Level Dialogue in Energy in September 2021 – the first such dialogue in over forty years, the UN Secretary-General – H.E. Antonio Guterres – in his address urged countries to take urgent measures towards the rapid phase out of coal...
Africa: New Plan to Accelerate Clean Energy Access for Millions Globally
Amid the global energy crisis and worsening climate emergency, the United Nations and partners on Wednesday launched two new initiatives to accelerate action towards achieving clean, affordable energy for all, and the ambitious goal of net-zero carbon emissions. The...
How Tanzania is Bagging Billions in Natural Gas Investments
Tanzania liquefied natural gas front has received a $30 billion shot in the arm from large energy companies including Equinor and Exxon Mobil. Tanzania has an estimated 57 trillion cubic feet of natural gas reserves ExxonMobil, Equinor and Shell are among two top...
Nigeria: How Master Plan Will Revamp Nigeria’s Energy Sector – Govt
The Minister of Science, Technology and Innovation, Dr Ogbonnaya Onu, has said the 2022 Revised National Energy Policy (RNEP) and the National Energy Master Plan (NEMP) will positively impact Nigeria's energy sector. Onu, who made this assertion in a statement signed...
Museveni – Africa Can Solve the Energy Crisis
The discovery of oil in Uganda has been cause for celebration at home. Predictably, however, the Lake Albert basin oil project -- which marks a milestone in Uganda's ambition to become an oil producer and exporter -- is being met with criticism from developed and...
DRC: IFC to mobilise $400m for electrification via solar mini-grids
In the Democratic Republic of Congo (DRC), the International Finance Corporation (IFC) is launching its Scaling Mini-Grid (SMG) programme. The subsidiary of the World Bank Group wants to mobilise USD 400 million in private investment for electrification via mini-grids...
