In line with the vision of a united African energy future, the Continental Power System Masterplan (CMP) is a comprehensive initiative. It involves over 100 African stakeholders working to establish a fully interconnected power grid for the continent. It addresses the electricity deficit by promoting the well-balanced sharing of affordable, reliable, and clean energy resources….
Shell, a British-Dutch multinational, is selling its shell nigeria onshore oil and gas business for $2.4 billion. This aligns with Shell’s broader plan to exit onshore oil production in the challenging Niger Delta region. The sale signifies a significant shift for Shell, aligning with the company’s aim to simplify its portfolio and prioritize deepwater and…
Natacha Emilien, Deputy Group CEO of CSI Energy Group, advocates for a ‘just’ energy transition in Africa, balancing economic, environmental, and social aspects. Her leadership emphasizes diversity and supports female entrepreneurship through initiatives like investing in women-led businesses in the energy sector. Natacha Emilien, Deputy Group CEO of CSI Energy Group and an impact entrepreneur…
In the buzz of Africa’s largest oil refinery, Aliko Dangote’s significant investment in Nigeria is making waves across the continent. With the colossal facility set to produce 650,000 barrels of crude oil daily, its impact is expected to reach beyond Nigeria. Inaugurated on May 22, 2023, in Lekki, Nigeria, the Dangote Refinery is Africa’s largest…
In Kenya’s dynamic energy sector, a recent spike in electricity prices, declared by the Energy and Petroleum Regulatory Authority (EPRA), has triggered a 16.5% overall increase. With an 8.7% rise in the energy charge (now at Sh4.33 per unit) and an 18.7% hike in the fuel energy charge (now at Sh4.94 per unit). The recent…
Ghana is grappling with persistent power challenges, commonly referred to as “Dumsor,” despite substantial investments to enhance electricity access for 80% of the country’s population. The West African Gas Pipeline Company Limited (WAPCo) reportedly halted gas transportation to Tema and Western power enclaves on Tuesday at 5 pm due to a $20 million debt owed…
The Department for Mineral Resources and Energy in South Africa has recently announced significant reductions in fuel prices, offering relief to motorists and benefiting consumers dependent on transportation with decreased petrol and diesel costs. This 2024 dip in fuel prices underscores the necessity for sustainable solutions and a transparent review of the petrol fuel prices…
Legislators are making fresh attempts to establish the Independent Power Producers (IPP) Office, to streamline the procurement process for new power producers. This effort aims to reduce expenses for power consumers. The committee stated that the Cabinet secretary for the Ministry of Energy and Petroleum, in collaboration with the Cabinet secretary for the National Treasury,…
Kenya Power and Lighting Company (KPLC) has recently unveiled an ambitious plan to phase out postpaid meters in rural areas over the next three years. This strategic move not only targets the eradication of power theft but also aims to eliminate the additional costs associated with hiring meter readers. As Kenya endeavors to enhance electricity…
ACWA Power, a pioneering name in renewable energy, has inked a monumental deal for Project DAO – a $800 million behemoth destined to illuminate the nation’s future. This hybrid titan, crowned with the country’s largest solar photovoltaic installation (442 MW) and bolstered by an arsenal of battery storage (1,200 MWh), promises to rewrite the energy…
