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What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More

TANZANIA: ARA Petroleum to Commence Contracting & Procurement Ahead of Ntorya Gas Discovery 3D Seismic Programme

APT has notified the joint venture that it intends to commence immediately with the contracting and procurement of services and equipment to execute a 3D seismic programme over the Ntorya … Read More

Uganda: African Development Bank grants $500,000 for capacity development of MSMEs Within the Petroleum Sector

The African Development Bank  and the Government of Uganda have signed a $500,000 grant agreement for financing of Micro, Small and Medium Enterprises (MSMEs) to boost business linkages on the … Read More

East African Countries Submit 17 Expressions of Interest for the 6th GRMF Application Round

The AUC has acknowledged that on 29 July 2020 seventeen (17) Expressions of Interest (EoI) for the Geothermal Risk Mitigation Facility’s 6th Application Round were received on time and were accepted … Read More

TANZANIA: Orca Energy Provides Operational Update

Orca has reported that on August 3, 2020 signed a contract with China Petroleum and Technology Development Company (CPTDC) for the design, supply, installation and commissioning of natural gas compressors … Read More

German Capital, Technology to Increase in Africa’s Energy Sector

This week, the Germany-Africa Business Forum (GABF) is organizing an exclusive webinar to encourage new deals between German and African public and private energy stakeholders. This is an extremely timely … Read More

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