SC Ventures ($7m) and Yabx (Technology Transfer), a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands)…
Algeria’s Bid Round Paves Way for $50B Hydrocarbon Investment Drive
As part of a five-year licensing strategy, Algeria’s ongoing bid round aims to drive significant upstream investment and will be highlighted at the Invest in African Energy Forum in Paris this May Algeria is set to invigorate its hydrocarbon sector…
Securing Public Infrastructure: LASG Electricity Board Hosts Town Hall Meeting
The Lagos State Government has called on residents in the State to take ownership of lighting installations and protect them. This was part of the recommendation made at the Lagos State Electricity Board (LSEB) stakeholders’ town hall engagement which took…
Congo Economic & Investment Forum (CEIF) 2025: Operators to Outline Strategies for Increasing Oil, Gas Production
A panel discussion during the inaugural Congo Economic and Investment Forum 2025 will explore the strategic advantages of the country’s oil and gas production targets Boasting approximately 1.8 billion barrels of oil, the Republic of Congo has ambitions to increase…
Oil & Gas Crucial for African Growth: The African Energy Chamber (AEC) Calls for Industry Support to Defend African Market
The African Energy Chamber calls for the industry to stand against growing opposition from western agencies undermining the economic growth potential presented by Africa’s oil and gas industry Africa’s oil and gas industry – critical for improving energy access, driving…
Africa’s Top 40 Movers and Shakers to Watch in 2025
The Top 40 Movers and Shakers spotlights key leaders driving transformative change in Africa’s energy sector, with a focus on sustainable development, investment mobilization and energy sovereignty The African Energy Chamber (AEC) is proud to announce its highly anticipated list…
NERC Urges DisCos to Clarify Assets and Liabilities
The Nigerian Electricity Regulatory Commission (NERC) has called on Electricity Distribution Companies (DisCos) to ensure a transparent and structured delineation of their assets and liabilities. This, according to the agency, is pivotal for enhancing regulatory clarity and improving the efficiency…
AUDA-NEPAD Nigeria to Electrify One Million Rural Communities Using Clean Energy
The African Union Development Agency-New Partnership for Africa’s Development (AUDA-NEPAD) says it plans to light up one million houses in rural communities nationwide using clean energy. National Coordinator, AUDA-NEPAD Nigeria, Mr. Jabiru Abdullahi, disclosed this at an inaugural media parley…
Lekoil Commits to Oil and Gas Investment, Jobs Creation in Akwa Ibom
The management of Lekoil Nigeria Limited on Tuesday, expressed the company’s commitment to the sustainable development of Akwa Ibom State through investment in oil and gas operations, employment opportunities and community growth. Lekoil’s top officials, who were led by the…
Developing nations must determine their own energy futures, not bureaucrats at the IEA
The unrealistic view that emerging economies can develop using only renewables By N.J Ayuk Western governments pursuing net-zero goals often expect emerging and developing economies to follow suit. Yet their politicians show little understanding of the energy needs of developing…