The Fierce Urgency of African Energy Banks (By NJ Ayuk)
The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to […]
19th Session of the West African Power Pool (WAPP) General Assembly
Participants will have the opportunity to network with industry experts, share knowledge, and contribute to shaping the future of the regional electricity market The West African Power Pool (WAPP) announces the 19th session of its General Assembly, which will take place from November 25 to 29, 2024, at the Radisson Blu Hotel in Abidjan, Côte […]
Burundi Strengthens Its Power Grid with New Kabu 16 Power Plant
Burundi has reached a major milestone in its energy development with the inauguration of the Kabu 16 hydroelectric power plant, located in Cibitoke province. President Evariste Ndayishimiye presided over the inauguration ceremony on Friday, October 25, 2024, marking the completion of a major project estimated at 106 million dollars. The new power plant, built on […]
East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank
This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning […]
From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project
The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along […]
Eritrea : A New Dam Inaugurated in Adi-Neamin
Adi-Neamin is one of the 13 administrative areas in the Logo-Anseba sub-zone and is located 16 km north of Mekerka A new dam with a capacity of holding 147,000 cubic meters of water was inaugurated on 3 August in the Adi-Neamin administrative area, Logo-Anseba subzone. Built at a cost of about 15 million Nakfa, the […]
End Energy Colonialism and Let Africa Make its Choices on Natural Gas at Conference of the Parties (COP27) – African Energy Chamber
900 million Africans rely on solid biomass such as firewood and charcoal for cooking, which causes indoor pollution that kills 600,000 people a year Let’s look at African realities A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion’s (http://bit.ly/3GrFAM2) Chloé Farand in the France, uses five […]
Analysis: Dr. Benedict Oramah Provides Thoughtful, Balanced Insights into Africa’s Energy Future
By NJ Ayuk, Chairman, African Energy Chamber (www.EnergyChamber.org) Ahead of the November 2022 United Nations Climate Change Conference (more commonly known as COP27) in Egypt, Dr. Benedict Oramah, president and chair of Afreximbank, authored a thoughtful and compelling commentary about the economic and social impact of divestment from the production of fossil fuels in Africa. […]
The Role of Algeria, Egypt, and Nigeria in Africa’s Search for European Gas Market Share
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) The curtailment of Russian natural gas deliveries is a source of anxiety for the European Union — and rightly so, given that the bloc has […]
Long-Term Sales Contracts Could Be Key to Senegal’s, Mauritania’s Natural Gas Success
The deal calls for Kosmos to provide 2.45 million tonnes per annum (mtpa) of LNG for an initial term of up to 20 years By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In 2020, rich natural gas resources offshore Mauritania and Senegal were the subject of the biggest long-term liquefied natural gas (LNG) contract […]
Senegal and Mauritania Are Rich in Resources, Poor in Infrastructure, Now Is the Time to Change That
More than 1 billion barrels (bbl) of oil and 40,000 billion cubic feet (bcf) of natural gas await extraction JOHANNESBURG, South Africa, July 18, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/) Beneath the coastal waters of Senegal and neighboring Mauritania lie some of the largest oil and natural gas discoveries […]
No Better Time: African Oil and Gas CAPEX Spending Reflects Demand, Creates Opportunity
From 2023 to 2025, CAPEX growth is expected to experience a sharp upturn, eventually reaching approximately $52.7 billion By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) Against a backdrop of continuing global economic chaos, any information that suggests stability is well-received. Which is why the details about African oil and gas capital expenditures contained in […]
Egypt: African Development Bank Approves $170 Million for Egypt’s Largest Wind Energy Project
The Bank’s financing is in addition to financing expected from a consortium of Development Finance Institutions (DFIs), banks, and financial institutions The Board of Directors of the African Development Bank has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind […]
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The Fierce Urgency of African Energy Banks (By NJ Ayuk)
The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to […]
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19th Session of the West African Power Pool (WAPP) General Assembly
Participants will have the opportunity to network with industry experts, share knowledge, and contribute to shaping the future of the regional electricity market The West African Power Pool (WAPP) announces the 19th session of its General Assembly, which will take place from November 25 to 29, 2024, at the Radisson Blu Hotel in Abidjan, Côte […]
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Burundi Strengthens Its Power Grid with New Kabu 16 Power Plant
Burundi has reached a major milestone in its energy development with the inauguration of the Kabu 16 hydroelectric power plant, located in Cibitoke province. President Evariste Ndayishimiye presided over the inauguration ceremony on Friday, October 25, 2024, marking the completion of a major project estimated at 106 million dollars. The new power plant, built on […]
Read More
East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank
This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning […]
Read More
From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project
The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along […]
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Sustainable Energy Solutions: How Perenco is Enabling Gas-Powered Industrial Growth across Africa
Following the launch of a gas-to-industry supply project in Cameroon, Perenco is set to unlock a new wave of investment and project development Reaffirming its unwavering dedication to Africa’s energy sector, independent hydrocarbon producer Perenco recently launched its first-ever gas-to-industry supply project in Cameroon. Last July, the company put into service the Bigapa Gas Processing […]
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Africa’s Energy Sector to Litigate Banks and Financiers for Financial Apartheid in Oil and Gas Sector
The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens to undermine the continent’s energy development and economic progress says the African Energy Chamber In recent years, several Western banks and financial institutions have implemented policies aimed at reducing support for […]
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Eritrea : A New Dam Inaugurated in Adi-Neamin
Adi-Neamin is one of the 13 administrative areas in the Logo-Anseba sub-zone and is located 16 km north of Mekerka A new dam with a capacity of holding 147,000 cubic meters of water was inaugurated on 3 August in the Adi-Neamin administrative area, Logo-Anseba subzone. Built at a cost of about 15 million Nakfa, the […]
Read More
Policy Reform and Revitalization: The Key to Expanding South Africa’s Natural Gas Infrastructure
To support the expansion of its natural gas infrastructure and ensure a more prosperous future, there are several policy initiatives that South Africa should embrace By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). South Africa is in many ways one of the most modern countries in Africa, particularly with respect to electricity access. Yet […]
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The Fierce Urgency of African Energy Banks (By NJ Ayuk)
December 4, 2024
19th Session of the West African Power Pool (WAPP) General Assembly
November 27, 2024