Ethiopia and Djibouti have described Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a strategic investment expected to strengthen energy security, improve regional trade and deepen economic integration in the Horn of Africa. Ethiopian Prime Minister Abiy Ahmed and Djibouti President Ismaïl Omar Guelleh have commended Dangote Group‘s $660 million Damarjog-Dewele Oil…
Ayman Essam, Chief Officer: External Affairs, Vodacom Group. Africa’s most overlooked energy resource may be energy efficiency. As the continent races to expand generation capacity and works to connect millions more people to reliable electricity, we also need to extract more value from every unit of energy we already produce. Vodacom’s recent decarbonisation report highlights…
The Middle East stands once again at the edge of a dangerous precipice. What began as a targeted military strike on an airport runway has rapidly evolved into a wider regional confrontation, threatening global energy markets and exposing the vulnerability of economies far beyond the Gulf. On July 14, Saudi Arabian forces reportedly struck the…
Customers re-fuel their cars at a petrol station as Brent crude oil prices hit $100 per barrel for the first time since May on July 23, 2026 in London, England. Leon Neal | Getty Images News | Getty Images The U.K.’s annual inflation rate jumped to 3.1% in August, pushed up by surging gasoline and…
Lorna Hardie, Regional Director – Africa, Check Point Software Technologies. Africa’s energy and utilities sectors were the most targeted by cyber criminals in August 2026, followed by financial services and government institutions, according to Check Point Research’s Global Threat Intelligence insights covering four African countries. “This should be a red flag to all concerned,” says Lorna…
The Vice-President, Professor Naana Jane Opoku-Agyemang, has called for greater African ownership of the continent’s energy sector, saying stronger local companies and technical institutions are needed to unlock its full potential. She said Africa must play a greater role in developing its energy resources and building the industries required to create jobs and economic opportunities…
Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves…
Swedfund is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for companies working on energy efficiency and emissions reduction across Africa. The funding will support businesses in areas including clean cooking, electric transport, green buildings, appliances and industrial energy efficiency. Africa Go Green has financed close to 30…
The addition of renewable power to the national grid, the enablement of energy wheeling and a wholesale market in the future will move SA’s electricity market from coal reliance to consumer choice. SOLA Group’s MD Katherine Persson spoke to ITWeb about the country’s energy market – past, present and future. South Africa’s energy space has…
Oluchi Chibuzor Africa’s energy story is entering a pivotal chapter. The question is no longer whether the continent has the resources or ambition to industrialise, but whether it can build the infrastructure, mobilise investment and forge the partnerships required to turn that potential into sustained economic growth. That question was at the heart of the…
