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In a move that could strengthen its position in the East African oil and gas market and attract investment, Kenya’s National Oil Corporation (NOC) has signed a landmark energy agreement with Algeria’s national oil company, Sonatrach.
West African country, Gambia, has launched a pay-as-you-go solar energy project to expand electricity access nationwide and reduce reliance on fossil fuels.
Leading green hydrogen developer Hynfra has signed a framework agreement with the Government of Mauritania for an integrated green ammonia project valued at $1.5 billion in Nouakchott.
The outturn also marked an acceleration from the 5.3% growth recorded in Q1, making it the fastest pace since Q3 2024, when growth reached 7.2%.
Dangote Cement Plc, Africa’s biggest cement producer, is expanding into Botswana with a new plant that will lift its operations on the continent to 12 countries.
Eskom Holdings officially launched its first fleet of electric vehicles (EVs), marking a milestone in the state-owned utility’s efforts to promote sustainable transport and advance South Africa’s transition.
Nigeria’s national grid for electricity has collapsed, plunging major cities and commercial areas into darkness and marking the country’s first complete power shutdown of the year.
Congo has signed a $23 billion hydrocarbon agreement with the Chinese oil and gas company Wing Wah for the integrated development of Cayo, Banga Kayo, and Holmoni permits.
The British oil giant Shell and the Department of Petroleum and Mineral Resources (DPMR) have filed to reverse the High Court ruling that prevented it from drilling off South Africa’s West Coast.
Nigeria and France-based clean-tech company, Koolboks, has secured $11 million to establish its first local solar refrigeration assembly plant in Nigeria.
The Zambian government is inviting local and international investors to explore opportunities in the country’s renewable energy sector, specifically for utility-scale solar projects.
With 5,150 megawatts of capacity, Africa’s largest hydro project positions Ethiopia among the world’s top power producers.
Egyptian utility giant, Elsewedy Group, has signed a memorandum of understanding (MoU) with Algeria’s Investment Promotion Agency (AIPA) to invest up to $2.5 billion in the country, more than four times its current investment.
Analysts warn the upswing may be short-lived, with the outlook for the rest of the year overshadowed by punitive US tariffs
Africa has secured a landmark $100 billion investment commitment to accelerate renewable energy expansion and drive green industrialisation, following a major cooperation deal signed at the Second Africa Climate Summit in Addis Ababa, Ethiopia.
Following improvement in output, the government of Senegal has revised upward its 2025 oil output forecast for the Sangomar offshore field to 34.5 million barrels from the previous 30.53 million barrels.
South Africa’s state-owned power company, Eskom, has imposed targeted load reduction in several major cities to ease pressure on transformers and substations affected by illegal electricity connections and power theft.
The move, if implemented, would mark a break from the apex bank’s long tightening cycle and the first cut since September 2020.
Angola said it will launch a new oil licensing round in the last quarter of 2025 as its crude oil production continues to fall below one million barrels per day (bdp).
West African nation, Ghana, said it has achieved stable electricity supply and is now exporting surplus power to neighbouring countries on the continent.
