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Equatorial Guinea: MoUs signed for new blocks

The Ministry of Mines and Hydrocarbons has signed memoranda of understanding (MoUs) with successful bidders from its 2019 licensing round during the Atlantic Council’s Global Energy Forum in Abu Dhabi.

Egypt: New block awards

ExxonMobil and Zarubezhneft have each announced the award of two new exploration licences, while three block awards have been made in Egypt’s Red Sea licensing round. The US supermajor will explore the North Marakia Offshore Block in the...

DRC: Kinshasa seeks new partner for re-sized Inga project

The DRC government has decided to recruit a new private-sector partner to develop a smaller, 4,800MW version of the Inga 3 hydro project on the Congo River. The decision is part of a new roadmap for the project discussed at a two-day workshop on...

Côte d’Ivoire in election mode

Ahead of Côte d’Ivoire’s October 2020 presidential election, the government is firmly focused on securing a win for President Alassane Dramane Ouattara’s Rassemblement des Houphouëtistes pour la Démocratie et la Paix (RHDP). For all the history-...

Congo B: AAOG sale approved

Anglo African Oil & Gas (AAOG) shareholders voted on 13 January to approve the sale of 80% in AAOG Congo to London-listed Zenith Energy. Zenith also entered into a term sheet for a put and call option agreement over the remaining 20%,...

CFA franc to be replaced by eco, but initial change is largely symbolic

The move by the eight-member Union Economique et Monétaire Ouest Africaine (Uemoa) to end its 55-year-old currency union based on the French-guaranteed CFA franc will have a range of consequences for businesses and political relations. The new...

Cape Verde: Prequalification begins for two 5MW solar plants

The Ministry of Industry, Trade and Energy is inviting expressions of interest from developers to design, finance, build, own, operate and maintain two 5MW solar PV projects near Santa Maria on Sal island and Salamansa on São Vicente island. The...

Cameroon: upOwa closes €2.5m solar funding round

Cameroon-based solar home system provider upOwa closed a €2.5m ($2.8m) series A2 funding round in December. The UK government-funded Renewable Energy Performance Platform (REPP) led the round alongside French family office Colam Impact. Existing...

Zimbabwe: Invictus, Tatanga Energy seal gas sales MoU

Invictus Energy has signed a preliminary agreement for gas supply from its Cabora Bassa project in Muzarabani, as it seeks an upstream partner to establish whether commercial quantities of gas can be produced from the licence. Invictus announced...

Burkina Faso: Bids sought for installation of rural solar PV systems

The Burkinabè Rural Electrification Agency invites prequalification applications by 26 February for the design, financing, supply, construction, operation and maintenance of a series of decentralised solar PV systems across Burkina Faso. The...

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