ECOWAS Bank’s West Africa Outlook Pushes Intra-Regional Investment
The ECOWAS Bank for Investment and Development’s 2022 West Africa Development Outlook presents a landscape of both challenges and opportunities in energy-backed economic recovery.
Read the latest Archives of oil, gas and energy news.
The ECOWAS Bank for Investment and Development’s 2022 West Africa Development Outlook presents a landscape of both challenges and opportunities in energy-backed economic recovery.
The arrival of quarters and utilities facilities at the GTA project advances the development at a rate of knots with first production set for late next year.
The Abu Dhabi Fund for Development has extended $6.5 million in funds for the redevelopment of fishing facilities at the Tanit Port, Mauritania.
Upwardly revised estimates of PDI’s Siguiri basin Bankan project in Guinea have added 569,000 ounces of inferred gold reserves grading 1.65g/t.
Guinea-Bissau’s first Voluntary National Review of progress towards the SDGs showed climate mitigation on track.
The 60:30 bp-Kosmos partnership behind the $4.8 billion Greater Tortue Ahmeyim megadevelopment have announced FID timelines this year for Yakaar-Teranga and Greater Tortue’s phase two development whilst pushing back BirAllah to 2024.
In Senegal, a German-funded rural electrification program is training hundreds of rural Senegalese to install solar mini-grids in 300 villages.
As the global adoption of electric vehicles doubles year on year, the coming decade could see EVs relieve fuel shortages west Africa now faces.
A white paper released last month by the IEA sets out a roadmap towards sustainable power-led development for Africa, creating the tone for this year’s MSGBC conference.
In a game-changing industry report fresh off the press, the IEA has declared that current investment levels must be doubled for Africa to achieve its climate and energy ambitions.