
Africa Energy Bank Gears Up for H1 2025 Launch
The Africa Energy Bank is set to address the continent’s energy financing challenges, with strong support from key members including the Republic of Congo, Ghana, Nigeria and Angola.
Read the latest Archives of oil, gas and energy news.
The Africa Energy Bank is set to address the continent’s energy financing challenges, with strong support from key members including the Republic of Congo, Ghana, Nigeria and Angola.
As Africa cements its role in global supply chains, strategic partnerships with the U.S., EU, China and more are driving investment in the continent’s mining sector, shaping the future of critical minerals and energy security.
The company has accelerated the drilling timeframe, targeting 365 million barrels of unrisked and 32 million barrels of risked petroleum resources at the Damara Fold Belt.
The country plans to officially open a Request for Proposals in August 2025.
The addition of the final unit of the Kusile Power Station adds 800MW to the country’s national grid.
Petrobras is ramping up its exploration efforts in Africa, with drilling set to begin this year in São Tomé and Príncipe and South Africa, Reuters reports.
South African Minister of Mineral and Petroleum Resources Gwede Mantashe has reaffirmed the importance of shale gas and offshore oil exploration, despite international pressure to shift toward a greener economy.
The breakthrough marks Renergen’s entrance into the commercial helium market.
Canadian mining firms, with over $37 billion invested in Africa, are driving exploration and production growth across the continent, with key players set to showcase investment opportunities at African Mining Week 2025.
Insights into the Gas Master Plan were shared during the Southern Africa Oil & Gas Conference in Cape Town. The African Energy Chamber was a Strategic Partner of the event.