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News

Namibia onshore oil rush accelerates as Kavango West drilling draws institutional capital

ReconAfrica holds licenses covering 13 million contiguous acres across the Kavango Basin, where successful flow testing at the Kavango West 1X well has recorded the first onshore hydrocarbon recovery in Namibian history. The commercial transition pits state-backed financial targets against the protections of the Okavango Delta watershed.
Finance

EXCLUSIVE: Every R50 million from a South African institution unlocks another R50 million from BII

British International Investment and Alexforbes each put R500 million into the Revego Africa Energy Fund in January, taking it to R3 billion. BII conditionally approved a further R250 million, subject to being matched locally. Speaking to ENN, Revego’s Chief Investment Officer Ziyaad Sarang says that match is still open.
Regional

A 3MW solar hybrid powers the University of Abuja from tomorrow

The Rural Electrification Agency commissions a 3MW solar hybrid plant at Yakubu Gowon University in Abuja on Wednesday 16 September, under Phase II of the Energizing Education Programme and with support from the World Bank Group. Joseph Tegbe, Minister of Power, performs the commissioning.
News

TotalEnergies targets June 2027 for Uganda first oil export via heated artery

TotalEnergies chief executive Patrick Pouyanné is anchoring East African infrastructure spending in the Albertine rift basin, where commercial production is now targeted for June 2027. As green funding mandates squeeze Western commercial syndicates, the development relies on a 1,443km heated artery to bring its newly branded “Pearl Sweet” crude to market via Vitol.
News

South African refinery closures trigger R76 billion finished petroleum import surge

The South African Reserve Bank has linked structural macroeconomic strains to a 65 per cent decline in national petroleum refining operations. As processing assets idle, central bank governors trace an incremental R76 billion fuel import cost that exposes localised distribution networks to volatile global maritime product channels.
Interviews

Clean captive energy in Africa, what UNEP learned from six CICSA pilots

Six pilot installations under CICSA Phase I put clean captive power into hospitals and cold storage across Kenya, Ghana, Nigeria and South Africa. UNEP’s Carolina Merighi and the Frankfurt School’s Yamini Jain tell ENN what they want to see in the applications now the call is open across the whole of sub-Saharan Africa. At the […]
Solar

Copperbelt Energy financed 136MW at Itimpi on its own bond, without a state guarantee

Itimpi II went into service at Kitwe in May at a cost of $125.8 million, funded entirely from Copperbelt Energy Corporation’s $200 million green bond. It is the largest operational solar plant in Zambia, and it was built without a sovereign guarantee standing behind the paper.
Gas

Europe closes its Russian gas contracts by 2027 and African suppliers are the nearest replacement

Long-term LNG contracts with Russian suppliers become prohibited across the European Union from January 2027, with long-term pipeline contracts ending later that year. African gas production sits closer to European ports than any alternative, and roughly 93 million tonnes a year of new global capacity is arriving at the same time.