Uganda’s oil and gas sector is ripe for investment, with several projects underway that promise significant returns. The Uganda National Oil Company (UNOC) has been actively courting investors, showcasing the country’s favorable business environment and highlighting the laws, regulations, and…
Taking place March 13, 2025, the Invest in African Energies investor forum will explore new opportunities for Chinese companies in Africa The upcoming Invest in African Energies investor forum in Shanghai on March 13, 2025, is set to highlight the…
Dr. Akinwumi A. Adesina, President of the African Development Bank Group (AfDB), delivered a powerful farewell address to African Heads of State and Government at the 38th African Union Summit, marking the culmination of a decade of impactful leadership. The…
In an interview with Energy Capital & Power, Imperatus Energy CEO Oumar Semega outlined strategies for supply chains and infrastructure development in the Republic of Congo As the Republic of Congo sets its sights on a significant increase in crude…
With Chevron’s latest farm-in offshore Namibia highlighting Africa’s investment appeal, African Energy Week: Invest in African Energies 2025 will explore strategies for structuring attractive PSCs and securing high-impact farm-in agreements in Africa’s oil and gas sector Africa’s oil and gas…
Reeta Roy, the President and CEO of the Mastercard Foundation, has announced her decision to transition from her role after nearly 18 years of transformative leadership. Roy, who joined the Foundation in 2008, will continue to lead the organization through…
TDB Group and Anzana Electric Group (“Anzana”) announce the financial close and first utilization of a portfolio project debt package for two run-of-river hydropower projects in Burundi developed by Songa Energy. This USD 35 million 10.65MW long-term debt financing facility…
Prof. Benedict Oramah and a high-level Afreximbank delegation met with H.E. William Ruto of Kenya during his state visit to Cairo, Egypt, to strengthen financial cooperation and advance Africa’s economic integration. The discussions highlighted the critical role of African financial…
Airtel Africa, a leading provider of telecommunications and mobile money services across Africa, has announced strong financial results for the nine months ending December 2024. Mobile services revenue grew by 11.4% to $1,367 million compared to the same period in…
SLB, a leading global technology company in energy, announced on Wednesday the opening of its Africa Performance Center in Luanda, Angola. This state-of-the-art facility, spanning 3,200 sqft, will serve as a collaborative hub for industry stakeholders, fostering innovation and development…
Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, freeing up additional financial capacity for investments in Pan-African…
RwandAir Cargo is launching new services to Dubai and Djibouti, both operated by its dedicated freighter B738SF. The expansion is part of the airline’s mission to connect Africa and the world, it said on June 10. The new routes will…
The International Finance Corporation (IFC) has projected that Africa will need to double its annual expenditure to $6 billion in order to expand its digital infrastructure and bridge the connectivity gap between people and businesses on the continent. This projected…
The Ugandan government is banking on its comprehensive Business Process Outsourcing (BPO) and Information Technology Outsourcing (ITO) strategy to create 100,000 direct jobs by 2030. This ambitious plan aims to tackle the country’s youth unemployment crisis, with approximately 10 million…
Spiro, the largest electric vehicle company in Africa, is charging ahead in its mission to revolutionise sustainable transportation across the continent and it recently signed a heads of terms agreement for a $50 million debt facility with the African Export-Import…