Norway’s BW Offshore has formalised an agreement to take a 56% stake in the Kudu licence and develop the project to a final investment decision (FID) expected in Q4 2017. Past operators, including Tullow Oil and Royal Dutch Shell, have failed to...
Officials and corporate executives are talking up the improved business environment they see resulting from the three-year $12bn facility agreed with the International Monetary Fund (IMF) last November, support from the World Bank Group (WBG) and...
A planned international tender for 4,000MW of solar photovoltaic (PV) power marks a shift in gear for the energy sector and its attitude towards foreign investment. Opening the energy sector to global capital has been, for some time, the obvious...
GL Africa Energy chief executive Anders Langhorn has told African Energy that the 55MW expansion of the company’s Ndola heavy fuel oil (HFO) power plant in Zambia reached “substantial completion” on 30 January. The plant is in its final test and...
Italian state utility Enel Green Power on 6 February announced the start of commercial operations at the 82.5MW Adams – sometimes called Aurora – and Pulida solar photovoltaic (PV) power plants in Northern Cape and Free State provinces. The two...
The International Court of Justice in The Hague has ruled that it can hear the dispute between Somalia and Kenya over their shared maritime border in the Indian Ocean. The court found that it did have jurisdiction to adjudicate on the dispute,...
SDX Energy sees more acquisition opportunities in Egypt following its purchase of Circle Oil’s assets, as other companies look to reduce their exposure or pull out altogether. SDX, which listed on London’s AIM market in May 2016, plans to spud a...
Bowleven has urged its shareholders to oppose efforts by Monaco-based investor Crown Ocean Capital (COC) to take control of the company. COC, which has increased its stake to 15.56%, wants to replace the board and turn Bowleven into a holding...
There has been progress in the campaign against Boko Haram and President Muhammadu Buhari’s flagship fight against corruption. Higher oil prices will pump more cash into the economy, helping to ease extreme foreign exchange shortages that have...
The West African Development Bank (Boad) and Senelec have signed a CFA25bn ($40m) loan agreement for the partial funding of electric power distribution grid strengthening and redevelopment in the Dakar, Thiès, Kaolack, Fatick, Saint-Louis and...
Pages
Identify problems, mitigate risks
Reveal opportunities, minimise threats
Obtain a true picture of risks and opportunities
Improve performance, achieve results