Month: February 2026

  African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s economic transformation under the African Continental Free Trade Area (AfCFTA). The call was reinforced at a High-Level Symposium on Advancing a Visa-Free Africa for Economic Prosperity, co-convened by the African Development Bank Group and the African Union Commission on the margins of […]

  Introduction Cameroon’s 2026 licensing round represents one of the most structured and commercially compelling entry points into  proven producing basins in Central Africa in recent years. Within its mandate to promote and valorise hydrocarbon resources in the national oil and gas domain of the Republic of Cameroon, the The Société Nationale des Hydrocarbures (SNH) has brought to market nine blocks located in the Rio del Rey and Douala/Kribi-Campo basins, […]

  A high-level working visit to Caracas by the African Energy Chamber (AEC) (https://EnergyChamber.org) this February marked a significant step in strengthening Africa–Venezuela cooperation, moving engagement beyond hydrocarbons toward broader South–South trade and investment opportunities. The discussions focused on removing longstanding transactional bottlenecks and boosting bilateral trade in goods, services and industrial collaboration. Leading discussions with Coromoto Godoy Calderón, Minister of Foreign Trade of the Bolivarian Republic of Venezuela, the […]

  Venezuela is positioning itself for accelerated oil and gas growth, targeting a near-term increase in production from 1.1 million barrels per day (bpd) to 1.2 million bpd, with a 2027 objective of 1.5 million bpd and a longer-term return toward its installed capacity of 2.8 million bpd. For African investors and service companies, the message is clear: there is structured opportunity, backed by regulatory reform, defined contract models and […]

  The Ministry of Education branch in the Northern Red Sea Region, in collaboration with the teachers’ association branch in the region, provided capacity upgrading training to over 80 pre-school teachers from the sub-zones of Ghinda, Massawa, Sheib, Gelalo, Foro, and Dahlak. Mr. Girmay Zerayakob, head of human resources development at the education office, said that the theoretical and practical training covered pedagogy, the use of teaching materials, as well […]

  A delegation from Senegal’s Petrosen E&P is confirmed to attend Caribbean Energy Week (CEW) 2026 in Paramaribo, presenting a key opportunity to deepen technical collaboration with Suriname’s Staatsolie and other regional stakeholders. The visit underscores a growing recognition that, despite being separated by the Atlantic, Senegal and Suriname face remarkably similar geological and upstream challenges – from seismic interpretation to field development strategy. The Petrosen E&P delegation will include […]

  The Africa’s Green Economy Summit (AGES) 2026 opened its doors in Cape Town today, marking a pivotal moment in the continent's economic trajectory. Convening a powerful coalition of policymakers, financiers and innovators, the summit signals a decisive shift from conceptual ambition to concrete, bankable action in the pursuit of a sustainable African future. Under the banner of "From Ambition to Action: Scaling Opportunities in Africa's Green and Blue Solutions," AGES 2026, […]

  A funeral service for Professor Asmerom Legesse was held today at Asmara’s Evangelical Lutheran Church Cemetery in Asmara in the presence of Ministers, senior Government and PFDJ officials, religious leaders, and family members. Prof. Asmerom was a prominent and illustrious anthropologist who produced important research on various themes during his tenure at the Universities of Harvard, Boston, Northwestern, Chicago, and others. Prof. Asmerom served his country and people in […]

  Liquid Intelligent Technologies, a business of Cassava Technologies (www.CassavaTechnologies.com), has today confirmed the full repayment of its ZAR term loan and USD revolving credit facility. In tandem with this repayment, Liquid has agreed $410 million in new ZAR and USD credit facilities from a syndicate of commercial and development finance lenders. Cassava Technologies is further reinforcing Liquid’s financial position by injecting $195 million in fresh capital into the business. […]