CAK Approves Merger of Lake Turkana Wind Power and UK Firm
The Competition Authority of Kenya has authorized a merger between Lake Turkana Wind Power (LTWP) and a UK firm, CPF UK Holdings Limited. “It is notified for general information that [...]
Climate Investment Funds Endorse Kenya’s $70m Energy Plan
The Climate Investment Funds (CIF), through its Trust Fund Committee, has endorsed a $70 million plan, with an initial allocation of $46.39 million. It is expected to mobilize at least [...]
Ghana's New US $1.98bn Refinery Starts Operations
Ghana's new refinery in Tema, a city on the Bight of Benin, begun operations this week, after it was officially commission by the country's president Nana Akufo-Addo on Thursday, 26th [...]
UK to Guarantee AfDB's $59mn Loan to Upgrade Kenya's Power Transmission
The African Development Bank (AfDB) and the United Kingdom (UK) have announced the selection of Kenya's$116mn Transmission Network Improvement Projectas a beneficiary project under the Room to Run Sovereign transaction [...]Shell to Sell Nigerian Onshore Assets for USD 2.4bn
British multinational oil and gas company Shell has decided to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) to a consortium comprising mostly local energy players. The SPDC [...]Kenya’s Fuel Prices Lowered in Latest EPRA Review
Super Petrol, Diesel and Kerosene will now retail at Kshs.207.36, 196.47 and 194.23 for the next 30 days in Nairobi following a monthly fuel review by the Energy and Petroleum [...]Dangote Refinery Receives 6mn Barrels of Crude, Group Clarifies Anti-Corruption Raid
A month after it received the first batch of 1 million barrels of crude oil, the Dangote Refinery has received its sixth similar consignment, marking the target needed to commence [...]Africa’s Natural Gas Sector is Building Momentum in 2024
Africa’s natural gas sector stands poised to prepare the entire continent for eventual decarbonization, as do many of the companies operating here.
AfDB's Energy Fund to Provide $9.72 mn to Overhaul African Hydropower Systems
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that [...]ATIDI to Underwrite 20MW Solar Project in Uganda
ATIDI (African Trade Investment Development Insurance), has announced its intent to support the 20 MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Dubai-based Independent [...]EPRA Reduces Fuel Prices as Festive Season Sets in
The Energy and Regulatory Authority (EPRA) has eased the pain of Kenyans during the festive season by lowering fuel prices, in changes to run upto mid-January next year. “The price [...]Tanzania Assigns Afren’s Stake in Tanga Oil Block to Octant
Tanzania’s Minister of Energy, Doto Biteko, has approved the assignment of 74% interest in the Tanga block from Afren Tanzania Ltd. to Octant Energy Tanzania Ltd. (‘Octant’). Afren acquired the [...]
