insert_link Business / Economics France’s TotalEnergies pauses Adani investments French oil giant TotalEnergies has halted its investments into Adani Group amid bribery allegations against the Indian conglomerate. US authorities have accused billionaire Gautam Adani and other executives of paying more than $250 million in bribes to government officials to win solar energy contracts. Rebecca Bundhun reports from Mumbai. todayNovember 26, 2024 25
Africa Detained Uganda environmental activist freed but ‘in bad shape’ An environmental activist in Uganda who is opposed to a huge oil project led by French giant TotalEnergies has been freed after five days in detention, his employer said Monday. Stephen Kwikiriza was found on Sunday evening dumped on a roadside in Kyenjojo, about five hours' drive west of the capital Kampala, said Samuel Okulony, director of the Environment Governance Institute. The activist had said he was […] todayJune 10, 2024 10
Africa Europe’s hydrogen rush targets Tunisia, other sunny African countries By Bonface Orucho, bird story agency TE H2, a joint venture that includes involves TotalEnergies (as the major partner), EREN Groupe, and Austria’s leading electricity company, VERBUND, has signed a Memorandum of Understanding (MOU) with the Republic of Tunisia to explore the viability of this project, according to a press statement. The move is just the latest in a flurry of announcements involving […] todayMay 31, 2024 22
Africa ‘Eat, dream football culture’ propels Al Ahly to 12th CAF Champions League title By Oliver Ochieng, bird story agency It is no surprise that Egyptian giants, Al Ahly are the Confederation of African Football (CAF) TotalEnergies 2023/2024 Champions League winners for a record 12th time, according to a Kenyan footballing strategist and coach. The Egyptian ‘Red Devils’ beat Tunisia’s Esperance Sportive de Tunis 1-0 at a packed Cairo International Stadium on Saturday, May 25, 2024, in the second leg of […] todayMay 28, 2024 14
insert_link Local FlyNamibia announces strategic adjustments on Windhoek-Lüderitz route FlyNamibia, in partnership with TotalEnergies, is set to expand the number of seats available on the Windhoek to Lüderitz route, which operates every weekday. These adjustments aim to foster the sustainability of this route, which opened on 1 July 2023 and resulted in the transport of 5000 passengers since then. We celebrate this success thanks to TotalEnergies, who played a catalyser role in unlocking access to the […] todayApril 24, 2024 16
insert_link Africa Twin rate cuts set Mozambique apart as African currency rally By Seth Onyango, bird story agency Mozambique’s central bank has decisively cut its benchmark lending rate to 15.75% from 16.5%, setting a precedent as the first African country to slash rates twice in 2024. The move highlights Maputo’s aggressive push for economic growth amid a wider trend of cooling inflation and currency stability against the US dollar across Africa. Rate cuts in the southeastern African nation, prompted […] todayApril 8, 2024 35
insert_link Business / Economics Namibia may tap its trillion dollar oil & gas windfall to fuel renewables ambitions. By Bonface Orucho, bird story agency Namibia has been advancing extensive oil and gas exploration, and making substantial discoveries. Portuguese oil and gas company recently announced another discovery of “a significant column” of light oil in high-quality reservoirs. A press statement from Galp on March 15, confirmed the find at the Mopane-2X well in the larger Orange Basin, off the Namibian Coast, adding to its oil discovery […] todayMarch 20, 2024 49
insert_link Business / Economics Mines and Energy Minister denies oil license corruption allegations Minister of Mines and Energy, Tom Alweendo has denied corruption allegations related to oil and gas licensing off Namibia's coast. The accusations were raised in a letter from Louis Beauvais, representing TotalEnergies shareholders, and addressed to company CEO Patrick Pouyanne. Economist Gabriel Erastus comments on the allegations. todayFebruary 1, 2024 149