Category: Newsroom

As the world races toward net-zero emissions, Africa controls over 30% of the planet’s critical minerals (cobalt, lithium, manganese, graphite and rare earth elements) essential for batteries, electric vehicles, wind turbines and solar panels. Yet, decades of raw material exports have delivered limited prosperity to the continent.   At the Africa Climate Summit 2025, held […]

The Liberia Electricity Regulatory Commission (LERC) has officially amended the Distribution License of the Liberia Electricity Corporation (LEC), authorizing the utility to extend its grid and services into new communities across portions of Grand Bassa, Rivercess, and Bong counties. The amended license, formally presented on November 25, 2025, represents a key milestone in the national […]

Traditional authorities in Malawi’s Southern Region have committed to mobilising communities to curb the escalating vandalism of electricity infrastructure, which is placing severe financial and operational strain on the Electricity Supply Corporation of Malawi (ESCOM). The pledge was made on 24 November 2025 at Bvumbwe in Thyolo District during an ESCOM-led stakeholder engagement attended by […]

Nigeria is preparing to launch its 2025 oil and gas licensing round on 1 December 2025, marking the second consecutive annual bidding exercise and reinforcing the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) commitment to predictable, transparent upstream governance. Coming just one year after the highly praised fully digital 2024 round, the 2025 exercise is positioned […]

Tony Attah, Managing Director and CEO of Renaissance Africa Energy Company Limited, has called for sustained annual investments of at least $10 billion over the next ten years to resolve Nigeria’s chronic electricity deficit and drive sustainable economic growth.   Delivering the keynote address at the University of Ibadan Alumni Association Worldwide Annual Lecture & […]

At a high-level ministerial session during COP30 on 14 November 2025, the African Development Bank Group (AfDB) joined a coalition of leading multilateral banks, investors and industry bodies in formally endorsing a landmark set of six “Climate Finance Principles for Grids” aimed at dramatically scaling up funding for electricity transmission and storage infrastructure worldwide. The […]

TotalEnergies has finalised its complete divestment from Nigeria’s flagship deepwater Bonga field (OML 118), transferring its former non-operated interest to Shell Nigeria Exploration and Production Company (SNEPCo) and Nigerian Agip Exploration (Eni). Following the transaction and the exercise of pre-emption rights: – SNEPCo (Shell) increased its operated interest from 55% to 65% – Nigerian Agip […]

Ignite Energy Access Nigeria has successfully concluded a landmark pilot project that has delivered clean, reliable solar electricity to 34 public schools in underserved rural communities, positively impacting thousands of students and teachers who previously studied under severe power constraints. The initiative saw the deployment of robust MySol Solar systems – specifically designed for institutional […]

As South Africa hosts the 2025 G20 Summit, the African Energy Chamber (AEC) has issued a powerful call for the global community to unequivocally support the responsible development of Africa’s vast oil and gas resources as the fastest and most realistic pathway to industrialisation, job creation and the eradication of energy poverty. In its strongest […]

Drydocks World, a DP World company, has successfully completed the conversion and topside integration of the EMEM Floating Production Storage and Offloading (FPSO) unit, paving the way for increased oil production at the Okwok field offshore Nigeria. The vessel, originally a double-hull tanker, underwent extensive structural reinforcement, marine system upgrades, and the installation of 19 […]