Soleos Energy Targets Large-Scale Solar Investment in Zambia

Soleos Energy Plans Up to 5,000MW Solar Power Investment in Zambia by 2030 Soleos Energy Limited, a global solar power developer, in partnership with Zambia’s Octane Investment Limited, has expressed strong interest in developing 1,000 megawatts (MW) of solar power generation capacity in Zambia by 2030, with plans to scale the investment to as much as 5,000MW over the long term. The proposed solar power project is expected to be implemented in Zambia’s Central Province,

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Kenya Moves to Privatise State Oil Pipeline Operator in Landmark IPO

Kenya Launches $825 Million Oil Pipeline IPO as Government Accelerates Privatisation Drive Kenya has launched the sale of a 65% stake in its state-owned oil pipeline operator, targeting proceeds of 106.3 billion shillings (approximately $825 million) in what is set to become East Africa’s largest initial public offering (IPO) denominated in local currency. The offering is a central pillar of President William Ruto’s broader strategy to divest from state-owned enterprises and relieve mounting pressure on

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Shell Revives Nigeria’s Bonga South West-Aparo Project with New FPSO Tender

Shell Restarts Work on Nigeria’s $12 Billion Bonga South West-Aparo Deepwater Oil Project Shell Plc has restarted preparatory activity on Nigeria’s long-delayed Bonga South West-Aparo offshore oil project by launching a new tender process for a floating production, storage, and offloading (FPSO) unit, signaling renewed momentum for one of the country’s largest undeveloped deepwater prospects. The tender, initiated by the British energy major as part of early-stage project work, relates to the Bonga South West-Aparo

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Uganda Moves Closer to $4 Billion Oil Refinery with UAE-Backed Partner

Uganda Advances $4B National Oil Refinery Project to Strengthen Regional Fuel Supply Uganda’s long-awaited national oil refinery has entered a critical phase, with the government nearing a $4 billion partnership with UAE-backed investor Alpha MBM Investments LLC, a development that could transform fuel supply dynamics across East Africa. After more than a decade of delays, the project is progressing toward a Final Investment Decision (FID), expected by July 2026, following the signing of key agreements

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Uganda’s Gold Exports Soar, Surpassing Coffee to Become Top Foreign Exchange Earner

Uganda’s Gold Exports Jump 76% to $5.8 Billion, Overtaking Coffee as Leading Export Uganda’s gold exports surged by 75.8% in 2025, reaching approximately $5.8 billion, marking a rapid transformation in the country’s export profile as gold overtook coffee as the leading source of foreign exchange. Data from the Bank of Uganda show shipments rose from about $3.3 billion in 2024, driven largely by record international gold prices that attracted new traders into the sector. Adam

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Senegal Cancels Atlas Oranto Petroleum License Over Inactivity and Financial Defaults

Senegal Revokes Cayar Offshore Shallow License from Atlas Oranto Petroleum The Senegalese government has officially withdrawn the Cayar Offshore Shallow exploration license from Atlas Oranto Petroleum, citing the company’s failure to provide required bank guarantees and limited exploration activity since the block was awarded in 2008, despite multiple deadline extensions. The offshore license covers approximately 3,600 square kilometers north of the Dakar peninsula. Industry data indicate the area is oil-prone but remains largely unexplored, with

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Seplat Starts Gas Production at 300 MMscfd ANOH Project in Nigeria

Seplat Brings ANOH Gas Project Onstream, Strengthening Nigeria’s Domestic Gas Supply Seplat Energy, Nigeria’s leading independent energy company, has confirmed the start of gas production at its ANOH gas project, a 300 million standard cubic feet per day (MMscfd) facility that is expected to play a key role in boosting domestic gas supply and reducing routine flaring in the Niger Delta. Following completion of the 11-kilometer Indorama gas export pipeline and receipt of regulatory approval

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Dangote Awards $350 Million Contract to Expand Lekki Refinery into Global Mega-Complex

Dangote Group Selects Engineers India for $350m Expansion of Lekki Refinery to 1.4 Million bpd Nigeria’s Dangote Group has awarded a $350 million contract to Engineers India Limited (EIL) to significantly expand its Lekki oil refinery, a move that would increase capacity to 1.4 million barrels per day and reinforce Nigeria’s ambition to become a regional hub for refined petroleum products. Under the agreement, the Indian state-owned engineering firm will deliver a second processing train

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Eni and Partners Launch Libya’s First Deepwater Offshore Exploration Well

Eni, NOC, and BP Begin Deepwater Drilling in Libya’s Gulf of Sirte Eni North Africa and its partners, including Libya’s National Oil Corporation (NOC), BP, and the Libyan Investment Authority, have begun drilling their first deepwater exploration well offshore Libya in the Gulf of Sirte, marking a significant step forward in the country’s offshore energy development. According to the NOC, drilling operations are being carried out using a drillship owned by Italian energy services company

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Cameroon’s Kribi Refinery Targets Early Start, Aiming to Cut Fuel Imports

Cameroon’s Kribi Oil Refinery to Begin Partial Operations in 2026, Nearly Two Years Ahead of Schedule Cameroon’s Kribi oil refinery is set to begin partial operations in the second half of 2026, almost two years earlier than its originally planned start date of June 2028, marking a significant milestone in the country’s efforts to strengthen energy security. In its initial phase, the refinery is expected to process around 10,000 barrels of crude oil per day—approximately

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