Somaliland Oil Discovery, A Welcome Gift to the Horn of Africa
Despite over a decade of oil exploration in the horn of Africa, a working petroleum system, easy access to the market and over 60 wells, the dream of a commercial … Read More
Tag: OPIC
SOMALILAND: OPIC Acquires 49% Working Interest in SL10B13 Block
Genel Energy has announced it has signed a farm-out agreement relating to the SL10B13 block, Somaliland, with OPIC Somaliland Corporation (‘OSC’), with all its share of future capital investment coming … Read More
CrossBoundary Energy Raises $40M to Scale Financed Solar for Businesses in Africa
CrossBoundary Energy (CBE) has announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing … Read More