Africa Matters

TotalEnergies CEO Criticizes G7 for Blocking Funding of African Gas Projects

By Edson Baraukwa | Africa Guardian G7 nations are slowing down the development of gas projects in Africa, much to the frustration of TotalEnergies CEO Patrick Pouyanné, who fears this will hinder the global energy transition. Pouyanné has strongly criticized the West’s “exclusion policy,” which cuts off funding for fossil fuel projects in Africa, warning that such restrictions could…

Read More

Why African nations are keen to join the expanding BRICS club

When the BRICS summit gets under way in South Africa next month, much of the international attention will be on whether Russian President Vladimir Putin, with an International Criminal Court warrant out for his arrest, will attend. But for many African countries, the summit is an opportunity for something much bigger. Various African countries, including Egypt, Ethiopia, Zimbabwe, Algeria,…

Read More

Africa would welcome G7’s US$600 billion infrastructure push – if it happens

Mega spending plan Partnership for Global Infrastructure and Investment aims to counter influence of China’s belt and road strategy PGII follows Western announcements for Prosper Africa Initiative, Build Back Better World and Global Gateway, all intended for projects in the developing world Greater infrastructure spending would be welcome in Africa, where there is a huge financing gap, but African…

Read More