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Category: Energy

Local Energy News

Angola and Japan Sign Agreement to Boost Southern Region’s Electricity Transmission

Angola, Japan Partner to Expand Electricity Infrastructure in Namibe, Huila, Cuando Cubango, and Cunene Angola and Japan have signed a cooperation agreement to expand electricity infrastructure in the southern provinces of Namibe, Huila, Cuando Cubango, and Cunene. The signing ceremony, held Tuesday in Luanda, formalized the Project to Strengthen Transmission Systems in the Southern Region of Angola. The agreement was signed by Angola’s Minister of Foreign Affairs, Téte António, and Japan’s Ambassador to Angola, Sano

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International Energy Oil Technology & Innovation

Namibia Selects South African Nuclear Technology for Walvis Bay Oil Refinery

Namibia to Power New Walvis Bay Oil Refinery with South African Modular Nuclear Reactor Namibia has chosen cutting-edge South African nuclear technology to power a new oil refinery planned for Walvis Bay, a move that marks a significant step toward energy independence and industrial expansion. The project is being spearheaded by the Dune 7 Special Purpose Vehicle (SPV) and enjoys the backing of the Namibian government. The planned facility will have a capacity of 300,000

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International Energy Gas News Oil

African Parliaments Urged to Lead Inclusive and Sustainable Energy Transition

SARW and IMD Call on African Lawmakers to Champion Just, Sustainable Energy Transition MAPUTO – The Southern African Resources Watch (SARW) has called on African parliaments to take a leading role in steering the continent toward a more inclusive and sustainable energy transition. Speaking at the Regional Inter-Parliamentary Conference on Climate Change, Energy Transition, and the Oil and Gas Sector—held this week in Maputo—SARW Executive Director Claude Kabemba emphasized that the shift to cleaner energy

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Local Energy News

Huila and Namibe to Join National Grid via Hydroelectric Power by End of 2025

Angola to Connect Huila and Namibe to National Power Grid with Hydroelectric Energy by Year End The provinces of Huila and Namibe are set to be connected to Angola’s national electricity grid using hydroelectric power by the end of 2025. The Gove–Matala power transmission line project, along with key substations, is currently 80 percent complete and expected to be finalized by October, according to a statement from the Ministry of Energy and Water. Stretching over

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International Corporate News Energy

Kosmos Energy Begins LNG Exports from Mauritania-Senegal GTA Project as Output Hits 2.4M Tonnes

Kosmos Energy Launches Commercial Operations at Greater Tortue Ahmeyim LNG Project Kosmos Energy has officially commenced commercial operations at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, located offshore Mauritania and Senegal, marking a major milestone for West Africa’s energy sector. According to a statement from Kosmos—listed on both the NYSE and LSE—the project’s floating LNG production unit, Gimi, has reached its Commercial Operations Date under a 20-year Lease and Operate Agreement. The

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Local Energy News

Angola Installs First Submarine Power Cable to Boost Electricity Supply in Mussulo

Angola has installed its first submarine electricity cable in the municipality of Mussulo, marking a major milestone in the country’s energy infrastructure. The cable is expected to significantly enhance the region’s power supply, increasing capacity from 20 to 30 megawatts. According to a statement from the Mussulo municipal administration, the cable was installed on Wednesday, July 2, 2025. In addition to carrying electricity, the cable also includes integrated optical fiber, making it a dual-purpose infrastructure

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International Corporate News Energy Oil

Afreximbank’s $4 Billion Backing Powers Dangote Refinery and Africa’s Energy Transformation

The African Export-Import Bank (Afreximbank), the continent’s leading development financier, has revealed that its total financial support to the Dangote Refinery and Petrochemical Complex has exceeded $4 billion. This was disclosed by the bank’s President and Chairman of the Board, Prof. Benedict Oramah, during the closing session of Afreximbank’s 32nd Annual Meetings held on Friday. Oramah attributed the bank’s ability to fund such a massive project to its adoption of what he termed “African Best

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International Energy

South Africa’s PIC and Development Banks Commit $37 Million to Boost Green Hydrogen Sector

South Africa’s Public Investment Corporation (PIC) has partnered with two development finance institutions to commit $37 million (approximately R655.6 million) toward financing the country’s green hydrogen industry. The Development Bank of Southern Africa (DBSA) and the Industrial Development Corporation (IDC) are collaborating to support the SA-H2 fund, which mobilizes both public and private investments. This fund is jointly managed by Climate Fund Managers, based in The Hague, and Invest International, a Dutch development finance institution.

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Infrastructure Energy International News

Italy’s CDP Grants €250 Million Loan to AFC for African Infrastructure and Energy Projects

Africa Finance Corporation (AFC) has secured a €250 million (approximately USD 289.2 million) 10-year term loan from Cassa Depositi e Prestiti (CDP), Italy’s national promotional and development finance institution. The announcement was made on Friday, June 20, 2025. The financing will be directed toward infrastructure and renewable energy projects across the continent, with a particular emphasis on the Lobito Corridor—an ambitious rail project intended to boost trade and connectivity in Southern and Central Africa. The

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International Energy Renewable Energy

Egypt Launches First Grid-Scale Battery Storage to Power Clean Energy Future

AMEA Power, in collaboration with the International Finance Corporation (IFC) and the Egyptian government, is deploying Egypt’s first grid-scale Battery Energy Storage System (BESS). This landmark project marks a significant step toward stabilizing the national grid and accelerating the country’s transition to renewable energy. To fund the initiative, IFC has committed a $72 million loan to the Abydos Solar Project Company, a subsidiary of AMEA Power. The financing supports the integration of a 300 MWh

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