Energies

African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750 million financing partnership designed to optimize Heirs Energy's capital structure and unlock critical liquidity to support its working capital requirements as it pursues its ambitious field development program. The investment is expected to significantly transform Nigeria's domestic energy capacity as demand rises. This collaboration comes at a crucial time for Nigeria, a nation grappling with increased energy demands and…

It is an end to non-receipt that Algiers opposed the US request to increase gas shipments to Europe by reopening the Maghreb-Europe gas pipeline that runs through Morocco and which has been closed since December 2021 by decision of Algiers.…

Since the beginning of the week, Nigeria has been facing an almost complete collapse of its national electricity grid. A catastrophic situation in a context marked by the explosion of fuel prices used to power generators, now the only source of energy. As…

Nigeria is facing a serious energy crisis. There has been no electricity in the country since Monday, March 14, 2022. The authorities refer to insufficient production. Over 80% of the Nigerian national…

One month earlier than the primary spherical of the French presidential election, a number of associations and NGOs have known as for demonstrations on Saturday, March 12, in France to defend the local weather. In Paris, in line with the organizers of the…

Two days after the severance of diplomatic relations with Morocco, Algeria announces that it can do without the Maghreb-Europe gas pipeline, an important gas infrastructure for the Moroccan economy. While the diplomatic staff packs their bags, because it is today that the Moroccan embassy enters Algeria closes the doors, a new…

Ten years ago, the national electricity company SNEL experimented with an advance payment system for network subscribers. This system was intended to solve the problems of consumer fraud and to replenish the corporate coffers. Is the experiment crucial? From our correspondent in Lubumbashi, In the Katuba municipality of Lubumbashi, the subscribers of the national electricity company SNEL have been consuming electrical energy in advance for one year. Before this period, invoicing was monthly and fixed, ie. almost $ 20.…

In Senegal, President Macky Sall is preparing a new "economic tour" in the north of the country this weekend, especially in the Saint-Louis and Matam regions. These marathon trips within the country allow, according to the head of state, "to see the state of implementation of the various projects". One of the government's major…

In Chad, the oldest private radio station has stopped broadcasting. In the face of an acute financial crisis in connection with the effects of Covid-19, Dja FM no longer broadcasts, since 27 May, after a power outage that destroyed several components in the transmitter. as reported from Ndjamena, Madjiasra NakoDue to power…

Senegal launched an oil cadastre on Tuesday, a digital platform that tracks knowledge on the nation's oil and gasoline actions. The creation of this instrument was a advice from the Extractive Industries Transparency Initiative. as reported from Dakar, Charlotte idracMap of blocks, record of permits - 9 property to this point -…