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Ghana approves a $3.4 billion renewable energy program to improve energy infrastructure

West African nation, Ghana, has approved a $3.4 billion renewable energy program to transform the nation’s energy infrastructure, prioritizing public institutions like schools, hospitals, and universities. 

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South Africa approves construction of new nuclear power station in Western Cape

South Africa’s Environment Minister, Dion George, has approved for the construction of a new Nuclear Power Station in Western Cape Province.

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Mozambique imports $199.5 million worth of fuel products in Q1 2025 — Report 

The East African country of Mozambique imported fuel products worth a total of $199.5 million in the first three months of 2025, about 15% of the total amount spent for the entire year of 2024.

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Ethiopia proceeds with mega dam project despite political resistance from Egypt

Ethiopia is keeping up with plans to inaugurate the largest hydropower project in Africa, the Grand Ethiopian Renaissance Dam (GERD) even as Egypt continues to oppose the project. 

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The discussions come as South Africa battles with the fallouts of a sweeping 30% tariff on all its US-bound goods — the highest rate imposed on any African nation under Trump’s new trade regime.

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Ghana’s inflation falls to near four-year low after rate cut

Food inflation, which has been the most stubborn driver of overall price growth, eased to 15.1% in July from 16.3% in June — marking one of the most notable improvements in food price stability in recent years.

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According to the CBK, the mobile bond system must be able to handle at least 40 million transactions simultaneously and be accessible round the clock via USSD, mobile apps, and the web.

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BUA Foods overtakes MTN Nigeria as market cap hits ₦10.4trn

BUA Foods has surged to the top of the Nigerian stock market, becoming the most valuable listed company with a market capitalisation of ₦10.4 trillion ($6.78 billion). The milestone follows an 8.7% rise in its share price to ₦574.9, propelling it past MTN Nigeria

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Shell faces another setback in South Africa as Civil Group seek to stop offshore project

Civil society organisations and coastal communities have launched a formal appeal against the government’s decision allowing Shell to begin drilling activity in the Northern Cape Ultra Deep (NCUD) oil and gas project.

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Kenya moves to regulate non-bank lenders under new rules

The Central Bank of Kenya (CBK) has invited public comments on the draft CBK (Non-Deposit Taking Credit Providers) Regulations, 2025.

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Cameroon to construct $62.2 million transmission line for Kribi gas plant

Cameroon has officially launched construction work on a 225 kV high-voltage transmission line which will link the 216 MW Kribi gas-fired power plant to a new 225 kV transformer substation under construction at the Kribi port in Southern Cameroon.

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Tullow restarts Ghana drilling campaign, finds strong net pay at Jubilee well

UK oil and gas company, Tullow, has resumed drilling at its flagship field in Ghana with what it described as a “better than expected” result at its new well.

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Shell’s subsidiary, SNEPCo, targets 90% contract execution by Nigerian firms — CEO

Shell Nigeria Exploration and Production Company Limited (SNEPCo) is aiming to execute over 90% of its contract value through Nigerian companies as part of its commitment to strengthening local content in the country’s oil and gas sector.

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UAE-based firm eyes Egypt’s crude storage expansion in new oil deal

Abu Dhabi based AD Ports Group has entered a new deal with Egypt’s Ministry of Petroleum and Mineral Resources and Dubai’s TCM Project Management to explore the joint development of Egypt’s crude oil storage infrastructure.

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Nigeria: Court takes over major power firms, deepening sector crisis

A Federal High Court in Lagos, Nigeria has taken control of Ikeja Electricity Distribution Company (IKEDC) and KEPCO Energy Resources, two major players in the country’s power sector.

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Zambia eyes 1,000MW of new solar power generation by year end

Southern African nation, Zambia, has revealed that it plans to generate about 1,000 MW of new solar power by the end of 2025, even as recorded an increased national electricity access rate from 34% to 54%. 

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ETI’s divestment came on the same day South Africa’s Nedbank announced plans to sell its 21.2% stake in the group, worth around $115.9m at current market prices.

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Kenya seeks lawmakers’ approval to privatise state-owned pipeline firm

The Kenyan government has formally sought parliamentary approval to privatise the Kenya Pipeline Company (KPC), one of the country’s most valuable energy infrastructure assets. 

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Tullow Oil posts interim loss after sales of $307 million Gabon’s assets

Tullow Oil has reported an interim loss of $80 million following the $307 million sale of its Gabonese assets and a downward revision of its full year production forecast.

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Zambia’s post-default recovery gained traction this year, buoyed by stronger copper output and a record corn harvest.

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