
French energy giant Engie claims to have become the market leader in off-grid solar in Africa following the acquisition of Germany’s Mobisol. When the transaction closes, which is expected in October, Mobisol will join solar home system company...

Eni affiliate NAOC has discovered 1tcf of gas and 60m barrels of associated condensate in the deeper sequences of the Obiafu-Obrikom fields in OML 61, onshore in the Niger Delta. The Obiafu-41 Deep well reached a total depth of 4,374 metres and...

Nigeria LNG signed a letter of intent on 11 September with the SCD consortium of Saipem, Chiyoda and Daewoo Engineering & Construction for an engineering, procurement and construction contract to develop its long-awaited Train 7 project. A...

The Africa Clean Energy Technical Assistance Facility (ACE-TAF) launched its Nigeria programme on 28 August. ACE-TAF, which is funded by the United Kingdom’s Department for International Development (DfID), was launched in June in Côte d’Ivoire...

The Temane Regional Electricity Project (TREP) has secured $543m of funding for the transmission line and related substations element, including a $300m grant from the World Bank, a $24m grant from the Norwegian Trust Fund, $33m from the African...

The government of the northern province of Niassa has signed a memorandum of understanding with Gigawatt Global and the Anglican Church in Niassa for the construction of a 50MW solar PV power plant in the provincial capital Lichinga. The...

Japan’s Mitsui OSK Lines Ltd (MOL) and Karadeniz Holding AS announced on 30 August that they would develop the first LNG-to-powership project in Mozambique. The project, which will be implemented under the joint brand Karmol, involves mooring a...

The Ministry of Mineral Resources and Energy invites expressions of interest by 18 September from consultants to review, update and complete Mozambique’s power grid codes. The project aims to review, revise and present proposals for the amendment...

The US Export-Import Bank said on 22 August its board planned to vote on a $5bn loan for the Area 1 Mozambique LNG project. A statement said it had notified Congress of the transaction, which would be voted on after a 35-day congressional...

Kibo Energy announced on 5 September that it has signed a non-binding power purchase term sheet (PPTS) and non-binding coal supply term sheet (CSTS) with Vale Mozambique SA for the Benga coal power project. AIM-listed Kibo holds a 65% stake in...
Pages
Identify problems, mitigate risks
Reveal opportunities, minimise threats
Obtain a true picture of risks and opportunities
Improve performance, achieve results