Technip Energies Named Service Provider of the Year at African Energy Week (AEW) 2025
Engineering and technology company Technip Energies has been awarded the Service Provider of the Year award at the African Energy…
Woodside Energy Honored as International Local Content Champion at African Energy Week (AEW) 2025
Woodside Energy has been recognized as International Local Content Champion of the Year by African Energy Week 2025: Invest in…
Levene Energy Wins Local Content Champion Award at African Energy Week (AEW) 2025
Levene Energy has been named the winner of the Local Content Champion award at African Energy Week (AEW) 2025: Invest…
International Islamic Trade Finance Corporation (ITFC) and the Republic of Djibouti Sign US$90 Million Financing Agreement
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has signed a US$90…
Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has once again had its long-term issuer credit rating…
H.E. Dr. Rania Al-Mashat Follows Up with Lebanese Counterpart on Preparations for the 10th Session of the Egyptian-Lebanese Joint Higher Committee
H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a virtual meeting with H.E. Dr. Amer…
Enhanced credit insurance for the West African Development Bank (BOAD) to scale up financing in the West African and Monetary Union (WAEMU) region
The West African Development Bank (BOAD) (www.BOAD.org) has taken a major step in strengthening its financing capacity by increasing the…
The rise of the “shadow employee”: When ex-employees still have access
Imagine a marketing manager who left a company six months ago, taking their personal laptop with them. On it, unbeknownst…
World Food Programme (WFP) and Japan partner to provide school meals for children in Sudan
The United Nations World Food Programme (WFP) welcomes a contribution of JPY 400 million (approximately US$2.7 million) from the Government…
QatarEnergy Acquires 27 Percent Stake in Egypt’s North Cleopatra Offshore Block from Shell
QatarEnergy has entered into an agreement with Shell to acquire a 27 percent participating interest in the North Cleopatra block…
Eni Returns to Libyan Waters After Five-Year Halt, Resumes Drilling Northwest of Coast
Italy’s Eni North Africa has restarted exploration activities in offshore Libya after more than five years of suspension, marking a…
Sahara Group Makes Massive $350,000 Barrel-Per-Day Push with Seven New Oil Rigs
In a bold move to cement its position as Africa’s energy powerhouse, Sahara Group has unveiled an ambitious plan to…
Egypt Unveils First Locally-Made Drill Bit in Major Industrialization Milestone
Egypt’s petroleum sector has achieved a groundbreaking milestone with the launch of the country’s first locally manufactured 17.5-inch drill bit,…
Liberia: Government Launches 2025 National Budget Outreach, FY2026 Pre-Budget Consultation in Nimba
The Government of Liberia, through the Ministry of Finance and Development Planning (MFDP), has launched the 2025 National Budget Outreach…
Egypt and Petronas Strengthen Natural Gas Partnership with Focus on Mediterranean Operations
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, held discussions with Abang Yusuf, Senior Vice President for liquefied natural…
Africa’s LNG Capacity Could Double to 120 Million Tonnes by 2035 as Major Projects Advance
Major African LNG projects in Mozambique and Nigeria are progressing toward Final Investment Decisions, with developers reporting significant advances in…
Algeria and Oman Advance Strategic Partnership for Integrated Petroleum Services Joint Venture
Algerian Minister of State for Hydrocarbons and Mines, Mohamed Arkab, received the Ambassador of the Sultanate of Oman to Algeria,…
Europa Oil & Gas Secures One-Year Extension for Equatorial Guinea Exploration Project
Europa Oil & Gas has secured a 12-month extension for the initial two-year period of its EG-08 production sharing contract…
Algeria Accelerates Shale Gas Development and Offshore Exploration to Unlock Massive Reserves
Algeria is intensifying its upstream strategy with a sharp focus on frontier zones and unconventional resources, positioning shale gas and…
Ghana Secures ¥3 Billion Japan International Cooperation Agency (JICA) Grant to Transform Kumasi’s Inner Ring Road
Government of Ghana has signed a ¥3 billion (Japanese Yen) grant agreement with the Japan International Cooperation Agency (JICA) to…