Africa Matters

Transforming Africa’s Energy Sector with Women at the Forefront, AEW 2024 Key Takeaways

By Edson Baraukwa | Africa Guardian A session hosted by the African Women Business Energy Network (AWBEN) during the Women in Energy Roundtable at African Energy Week (AEW): Invest in African Energies 2024 highlighted the critical role of mindset shifts and workplace flexibility in increasing and retaining women’s participation in Africa’s energy industry. Uche Anajemba, Senior Manager of Business…

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Tullow Oil and Afentra Highlight Importance of Infrastructure Upgrades in Mature Markets

Independent Operators Drive Efforts to Extend Lifespan of Africa’s Mature Oil Fields Our Correspondent | Africa Guardian Independent operators are leading the charge to extend production in Africa’s mature oil markets, including Gabon, Equatorial Guinea, and Angola, through innovative technologies and targeted exploration. These initiatives were highlighted during the Upstream E&P Forum at African Energy Week: Invest in African…

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Zambia’s Climate Emergency: Lessons for the Continent

By Edson Baraukwa | Africa Guardian Across Africa, the effects of climate change are increasingly widening the gaps in access to essential resources like food, water, and energy. Despite the continent’s vast arable lands, rich mineral reserves, and immense potential for solar and wind power, many African countries remain vulnerable to climate shocks. These shocks, combined with heavy debt…

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Africa Urged to Advance Clean Cooking Initiatives

By Charles Muchoki | Africa Guardian African nations have been urged to develop strategies that enhance economic growth and improve citizens’ livelihoods by promoting clean cooking energy. This call comes as part of broader efforts to combat climate change and address environmental degradation. Dr. Mwigulu Nchemba, the Minister for Finance, made this appeal during the Africa50 Annual General Shareholders…

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ECOWAS Targets 0.5 Million Tonnes of Green Hydrogen Production in West Africa by 2030

By Charles Muchoki | Africa Guardian The Economic Community of West African States (ECOWAS) has set an ambitious goal to produce 0.5 million tonnes of green hydrogen annually by 2030, driven by a strong focus on expanding renewable energy infrastructure across the region. This initiative is part of ECOWAS’s broader commitment to advancing the region’s renewable energy capabilities. During…

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Africa’s New Toolkit Accelerates Global Race for Renewable Energy

By Edson Baraukwa | Africa Guardian Governments, industries, and key stakeholders now have access to a new, action-oriented toolkit aimed at ensuring the global energy transition is equitable, just, and sustainable. This toolkit comes as demand for minerals critical to renewable energy is expected to nearly triple by 2030, according to a report released on Wednesday by an expert…

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Exploring Africa’s Green Hydrogen Future with British High Commissioner Antony Phillipson

Our Correspondent | Africa Guardian We are excited to announce that Mr. Antony Phillipson, the British High Commissioner to South Africa, will be a keynote speaker at the DEVAC HYDROGEN-H INDABA, taking place from September 18-19, 2024, at the NH Sandton (formerly Hilton Sandton) in Johannesburg, South Africa. The conference aims to bolster global and local collaboration under the…

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Dangote Refinery Set to Fulfill Nigeria and Sub-Saharan Africa’s Petrol Needs

By Edson Baraukwa | Africa Guardian Aliko Dangote, Chairman of Dangote Group, has announced that the Dangote refinery is poised to meet the petrol demands of not only Nigeria but also the entire sub-Saharan region. The refinery, with a production capacity of 650,000 barrels per day, has commenced petrol production. Speaking to the press during a recent inspection of…

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Egypt Unveils Africa’s First Hydrogen-Powered Skyscraper, Ushering in a New Era of Green Energy

By Edson Baraukwa | Africa Guardian Forbes is set to build Africa’s first hydrogen-powered skyscraper in Egypt, a 50-story tower that marks a significant milestone in hydrogen innovation on the continent. This ambitious project promises to be a catalyst for the development of more sustainable skyscrapers across Africa. Egypt is leading the charge in hydrogen innovation with the introduction…

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Increasing Investment in Battery Storage is Vital for African Power Systems

A handful of large-scale battery storage systems have already been built, or are currently under construction, in Africa. A prominent example is the Kenhardt project built by Norwegian company Scatec, which began supplying electricity to South Africa’s national grid late last year.  The scale of Kenhardt makes it an exception, however. Although multiple countries, including Senegal and Mozambique are…

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Africa’s oil giants: The top 10 countries by reserves in 2024

By Chisom Michael Africa plays a crucial role in the global oil market, with the continent holding a significant portion of the world’s proven oil reserves. Africa’s oil reserves represent approximately 7.5% of the global total, serving as an essential energy source for both the continent and international markets. The oil industry is a key component of economic growth…

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African Energy: Making it work for everybody

By Luca Vignati Africa is a continent with a growing economy demanding sustainable development for its millions of inhabitants. This is particularly true as it is such a “young continent” in terms of population age. At the same time, the continent is blessed with multiple energy opportunities to fuel this transition phase – from oil to gas to renewables, such…

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Africa energy lobby decries funding discrimination

The African Energy Chamber (AEC) is protesting what it sees as discrimination by Western lenders in supporting the continent’s oil and gas projects, with owners and investors forced to suspend development plans, or into alternative local sourcing. Nj Ayuk, the chamber’s executive chairman, told The EastAfrican that by refusing to bankroll Africa’s oil and gas projects, with a direct…

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African operators call for fiscal policy reforms at MWC Kigali

The Africa-focused GSMA event MWC Kigali 2023 is well under way and is proving a useful platform for some major service providers to comment on government policy across the continent – notably on taxation. In fact six CEOs, representing some of the continent’s biggest operators, have published a communique at the show urging governments to establish new policies to…

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Africa Roundtable Positions U.S. as a Critical Energy Ally at African Energy Week (AEW) 2023

A high-level roundtable discussion at the 2023 edition of African Energy Week (AEW) highlighted how the U.S. and African countries can continue to partner across technology, policy and investment. The session began by delving into the U.S.’ relationship with Equatorial Guinea – in which it is the largest single foreign investor  – and emphasized the need to identify bankable…

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CareerJunction Employment Insights Report September 2023

Issued by: CareerJunction The CareerJunction Employment Insights Report provides an analysis of the supply and demand trends in the online job market, to represent online labour dynamics in South Africa. The analysis and findings serve as a foundation for potential HR solutions & strategies, enabling businesses and recruitment agencies to focus on relevant occupations when developing their talent attraction…

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Kenya to build nuclear power plant from 2027

Kenya targets to kick off the construction of its first nuclear power plant in 2027 as the country seeks to further diversify its energy generation amid rising demand and push for zero-carbon energy. Acting CEO of the Nuclear Power and Energy Agency (NuPEA) Justus Wabuyabo told the Business Daily the agency has advanced plans to float international tenders for the construction…

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Africa sets the foundation for an electric vehicle future

Emobility refers to electric vehicles, ideally powered by renewable energy sources Numerous South Africans facing daily challenges commuting to their workplaces via minibus taxis or cars on crowded highways might have difficulty accepting that an electric mobility revolution is on the horizon. However, several factors are pointing in that direction. Emobility refers to electric vehicles, ideally powered by renewable…

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Fuel prices hit the roof in Tanzania

According to the Energy and Water Utilities Regulatory Authority (Ewura), cap prices for petroleum products have surged as shortage has caused the value of the dollar to rise, leading to an increase in the cost of importing fuel. Dar es Salaam. Motorists in Tanzania will have to dig deeper into their pockets after fuel prices hit the roof by…

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Namibia Oil and Gas Conference 2023 takes off

By Clifton Movirongo. The Namibia Oil and Gas Conference, coordinated by the Economic Association of Namibia (EAN), the Namibia Investment Promotion and Development Board, and the Hanns Seidel Foundation, was officially launched on Tuesday in Windhoek and will take place on 16 and 17 August. The conference’s primary goal is to create a platform for a large-scale public consultation,…

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Natural gas vehicles slowly gaining traction in Africa

By bird story agency Natural gas-powered vehicles are becoming increasingly popular across Africa thanks to supportive policies, infrastructure development and heightened investor appeal. Several African nations are taking advantage of their ample natural gas reserves to introduce gas-powered four-wheel vehicles to the roads. Nigeria, with substantial natural gas reserves, has approved the widespread use of vehicles powered by compressed…

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Uganda signs agreement with Russia on NPP construction

Uganda and Russia have agreed to build a nuclear power plant, Ugandan President Yoweri Kaguta Museveni said at a meeting with Russian President Vladimir Putin on the sidelines of the Russia-Africa summit. He also noted great potential in phosphates and ammonia production, and invited Russian companies to participate in this. The president said his country would also like to…

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Egypt Cuts Power to Ease Loads During Heatwave

Egypt will face regular power cuts until the middle of next week as the government limits consumption of gas during a heatwave, the cabinet said on Wednesday. Residents have reported power cuts in several areas in Cairo this week as temperatures have risen above 40 degrees during a heatwave that has affected southern Europe and North Africa and coincided…

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Fuel prices in Nigeria almost triple in two days

Prices at the pump almost tripled at service stations in Nigeria after the new President announced on Monday that he would end fuel subsidies, journalists observed on Wednesday in several towns across the country.Bola Ahmed Tinubu, who had just been sworn in as president, had declared on Monday that he would end fuel subsidies, one of his campaign promises,…

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Energy companies conclude talks with Tanzania on LNG

International Energy Companies (IEC) that are involved in negotiations with the government of Tanzania on the LNG project have said that there has been a breakthrough in talks between the two sides. In his social media post, Jared Kuehl, Shell’s Vice President for Tanzania and Country Chair, said the energy companies (IEC) have concluded the negotiations with the government…

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Fuel prices go up after removal of subsidies

Summary Retail prices of petrol and diesel imported through the Dar es Salaam port have increased by Sh90 and Sh24 per litre respectively. Dar es Salaam. Retail prices of petrol and diesel imported through the Dar es Salaam port have increased by Sh90 and Sh24 per litre respectively. According to the new fuel cap price released by the Energy…

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$300 M to be invested in Tanzania’s Hydropower Project

The government of Tanzania, the African Development Bank, and the French Development Agency (AFD) have signed agreements for two development project loans worth $300 million. The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the…

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LPG exhibition comes to fore in Dar

THE first Liquefied Petroleum Gas (LPG) exhibition prepared by LPG EXPO Company from Singapore, Tanzania LPG Association (TZLPGA) with collaboration with the government of Tanzania, will take place next week in Dar es Salaam. Speaking to the media on Thursday in Dar es Salaam, the Director of LPG EXPO, Catherine Ho, said that the exhibition will take place from…

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South Africa now hiring for the job that no one wants

South Africa’s debt-ridden state power utility is recruiting its 14th chief executive officer in a decade, but finding someone who can do the job and actually wants it will be a tall ask. Eskom Holdings SOC Ltd. supplies more than 90% of the nation’s electricity, has more than 42,000 employees and doesn’t earn enough to cover its operating costs…

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‘TANZANIA must sprint to reap from natural gas global demand’

THE global market for natural gas is ripe, making the next month’s signing agreement between the government and major oil investors timely and worth it. Recently, the government said it envisaged signing the key 40 billion US dollars agreement for Liquefied Natural Gas (LNG) project with Equinor ASA and Shell Plc to pave way for exports after completing the…

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Tanzania, Uganda hit back at EU on Oil pipeline plan

Three days ago, the EU Parliament adopted a resolution accusing of human rights violations, major environmental and climate risks posed by the execution of the EACOP project. Dar es Salaam. Whilst Tanzania stands to ensure the East African Crude Oil Pipeline (EACOP) is excused in respect to human rights, Uganda sees the European Parliament’s resolution against its construction, as…

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Egypt begins construction of its first nuclear power plant

Construction for the El-Dabaa Nuclear Power Plant has begun in Egypt. This is the first nuclear power plant in the country and will consist of 4 units with a generating capacity equivalent to 1200 MW per unit using generation III+ VVER-1200 reactors (pressurized water reactors). Alexey Likhachev, Rosatom Director General, and Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy gave…

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