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Doha and Riyadh revive their Lebanese interests as Beirut’s economy tanks

Lebanese Prime Minster Saad Hariri was due to head from Beirut to Dubai on 7 October to attend an investment conference, as Gulf Co-operation Council states mull fresh requests for bailouts from a crisis-hit economy which is running perilously...

Tunisia has left Ben Ali era behind, but future remains uncertain

Former president Zine El Abidine Ben Ali’s death on 19 September did not grip the majority of Tunisians as much as the presidential election earlier that week, which has left two populist outsiders competing to replace the late Béji Caïd Essebsi...

Togo: Consultant sought for CEB strategic plan

Togo is seeking expressions of interest from consultants by 1 October for a contract to update the strategic plan for the Benin-Togo Communauté Electrique du Bénin (CEB) and develop a business plan. The contract is funded by the World Bank’s...

South Sudan strikes compromise on pre-sales of crude

The government of South Sudan has followed through on its promise to put a stop to pre-financing deals done directly with oil traders. “All prepayments to companies have been stopped,” an oil executive based in Juba told African Energy. But a...

South Africa: Tata Power sells Cennergi stake

India’s Tata Power announced on 17 September that it had sold its 50% stake in power developer Cennergi to its joint venture partner Exxaro Resources. The shares were held through Tata Power’s wholly owned subsidiary Khopoli Investments. ABSA...

South Africa IRP expected next month

South Africa’s mineral resources and energy minister Gwede Mantashe said on 25 September that the Integrated Resource Plan (IRP) would be adopted at the first cabinet meeting in October. The document was presented to cabinet on 18 September...

SOCO International: Name change

London-listed SOCO International announced on 11 September that it is proposing to change its name to Pharos Energy plc. SOCO has pulled out of Block V in eastern Democratic Republic of Congo and Marine XI in Republic of Congo and refocused its...

TGS launches 3D survey offshore Casamance

TGS on 19 September launched a 3D seismic survey in ultra-deep water offshore southern Senegal’s Casamance province. The Senegal ultra-deep offshore 3D survey will cover more than 4500km2 in the MSGBC Basin, outboard from TGS’s Jaan 3D dataset....

Rwanda: BBOXX ePay launched

Distributed solar company BBOXX has launched its ePay system in Rwanda. The payment system is designed to take advantage of the roughly $180m of remittances sent back to the country each year by allowing Rwanda’s diaspora to make payments for...

Empower Fund reaches threshold commitment

A renewable energy impact fund headed by former Scatec Solar head of business development Terje Osmundsen has reached its $8m first threshold commitment. Empower Invest will invest equity in 1-10MW renewable projects in developing countries,...

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