Month: May 2024

[[{"value":"Strategies for successful project implementation – including competitive fiscals and project preparation facilities – were discussed at the Invest in African Energy (IAE) forum on Tuesday. The IAE forum is organized by Energy Capital&Power (www.EnergyCapitalPower.com). A project-focused panel at the Invest in African Energy forum explored strategies for successful project implementation – from FID to start-up – as Africa seeks to develop traditional fossil fuel resources alongside next-generation solutions. Amid […]

[[{"value":"Independent E&P company Panoro Energy made a discovery at the DHBSM-2P pilot well on the south extension of the Hibiscus South field in Gabon’s Dussafu Marin Permit. Gross recoverable reserves are shown to be between five and six million barrels of oil and approximately 14 million barrels of oil in place. Panoro expects to complete the well towards the end of 2024. “Last week, we announced the extension of barrels […]

[[{"value":"The President of the Republic, Nana Addo Dankwa Akufo-Addo, has conferred Ghanaian citizenship upon the legendary musician, humanitarian, and global icon, Stevland Hardaway Morris, popularly known as, Stevie Wonder. This conferment, according to President Akufo-Addo, not only recognize his immense talent and achievements, but also acknowledge his deep connection to the African continent, and his tireless efforts to promote unity, solidarity and cultural exchanges among all peoples of African descent. […]

[[{"value":"The second round of the India-US Dialogue on Africa is being held in Washington DC on 14-15 May 2024. The Indian side is being jointly led by Shri Puneet R. Kundal, AS (E&SA) and Shri Sevala N. Mude, AS (C&WA). Ms. Mary Catherine Phee, Assistant Secretary of State for African Affairs, is leading the US side. The India-US dialogue on Africa aims to share ideas and perspectives and explore ways […]

[[{"value":"New World Bank data finds that private infrastructure investment in low- and middle-income countries totaled $86 billion in 2023. Investments declined 5% compared with 2022, however, were on par with the previous five-year average. Despite the decline in total investment, more countries received private investments in infrastructure across a wider sample of projects. In 2023, 68 countries received investments across 322 projects, compared to 54 countries and 260 projects in […]

[[{"value":"The Moroccan state is failing to meet its obligations to ensure accessible, affordable and good quality sexual and reproductive health services, including abortion, forcing women and girls into dangerous situations and violating their human rights, said Amnesty International today. A new report titled My life is ruined: The need to decriminalize abortion in Morocco, documents how the criminalization of abortion in Morocco, even in cases when pregnancy results from rape, has devastating […]

[[{"value":"The Council today prolonged the mandate of the EU Training Mission in Mozambique, until 30 June 2026, with a budget allocation of over €14 million for this period. Furthermore, the Council decided to adapt the strategic objectives of the mission to new circumstances, thereby favouring its transition from a training to an assistance model, combining advising, mentoring and specialised training in support of the units of the Quick Reaction Force (QRF) of […]

[[{"value":"The Republic of Congo aims to produce three million tons per annum of LNG from the inaugural Marine XII development by 2025. Developed by Italy’s Eni, the project delivered its first LNG cargo this year and has laid the foundation for new investments in Congolese gas. Speaking during the second annual Invest in African Energy (IAE) conference in Paris, the country’s Minister of Hydrocarbons Bruno Jean-Richard Itoua underscored the role […]

[[{"value":"The second annual Invest in African Energy (IAE) forum opened in Paris on Tuesday, with OPEC and petroleum ministers from the Republic of Congo and Gabon adopting a unified stance on a just energy transition. Africa is at a critical nexus in its energy development, as the continent seeks to scale up its energy supplies to meet electrification and industrialization goals, while also balancing climate concerns. As a result, African […]