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Energy Capital & Power

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    • CORRECTION: Afentra Targets Mature Assets, Local Partnerships in Angola
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CORRECTION: Afentra Targets Mature Assets, Local Partnerships in Angola

Afentra, Trafigura and the Africa Finance Corporation discussed strategies for securing financing to enable independents to acquire and develop Angola’s mature fields during Day 2 of Angola Oil & Gas 2024

Independent energy firm Afentra expressed interest in partnering with local oil and gas firms to acquire mature assets in Angola during a panel at the Angola Oil & Gas 2024 conference on October 3.   Sponsored by multinational commodities company Trafigura, the panel – Strategic Partnerships: Financing Upstream Oil Operations –…

Energy Capital & Power
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Fossil Fuels to Power 60% of Africa's Energy by 2040

A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce

By 2040, up to 60% of the African energy matrix will be fossil fuel driven, Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association remarked at a FAMAR-sponsored panel discussion during the Angola Oil & Gas (AOG) conference on Thursday. This, he noted, highlights a fundamental need to…

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    • Libya’s Infrastructure Rebuild: Italian Expertise, Global Investment to Drive New Power, Transport and Water Projects (AR)
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Libya’s Infrastructure Rebuild: Italian Expertise, Global Investment to Drive New Power, Transport and Water Projects

The Libya-Italy Roundtable and VIP Networking Evening – taking place in Rome on September 23 – will showcase Libya’s current infrastructure drive and the role for Italian construction and engineering firms in the sector

As Libya seeks partners for rebuilding its critical infrastructure and supporting economic recovery, international companies, particularly from Europe and the Middle East, are invited to participate in the country’s reconstruction efforts through public-private partnerships and direct investment. The Libya-Italy Roundtable and VIP Networking Evening – taking place in Rome on…

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    • United States (US) Department of State Joins Pensana, World Bank to Discuss Lobito Corridor at Critical Minerals Africa (CMA) 2024
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United States (US) Department of State Joins Pensana, World Bank to Discuss Lobito Corridor at Critical Minerals Africa (CMA) 2024

Connecting the Zambian and DRC copperbelts with international markets via the Port of Lobito, the Lobito Corridor serves as a blueprint for cross-border infrastructure in African mining

The Lobito Corridor project – a cross-border infrastructure development connecting Angola with mining operations in Zambia and the DRC – is expected to be complete in 2029. The project creates various economic opportunities for the region by strengthening both intra- and inter-African mineral trade.   During the Critical Minerals Africa…

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    • Angola Oil & Gas (AOG) 2024 Ministerial Panel to Outline Strategies for Accelerating Regional Integration
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Angola Oil & Gas (AOG) 2024 Ministerial Panel to Outline Strategies for Accelerating Regional Integration

As Angola strives for increased oil and gas production, opportunities for regional collaboration in exploration, refining and petroleum distribution emerge

With an investment pipeline of $60 billion planned for the next five years, Angola is well on track to maintain oil production above one million barrels beyond 2027. The country has ambitions to leverage both newfound investments in exploration and upcoming infrastructure projects to supply the regional market with petroleum,…

Energy Capital & Power
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The Arab Bank for Economic Development in Africa (BADEA) President to Discuss Mobilizing Infrastructure Finance at MSGBC Oil, Gas & Power 2024

The Arab Bank for Economic Development in Africa has funded over 700 projects across 44 African nations, with total investments surpassing $6 billion

The Arab Bank for Economic Development in Africa (BADEA) marked its 50th anniversary last month with the launch of the Arab-Africa Financial Consortium, which aims to enhance financial cooperation between the two regions. To further attract Arab capital and technical support to West Africa, BADEA President Sid Ould Tah will…

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    • African Refiners and Distributors Association's (ARDA's) Roadmap for Africa's Downstream Sector
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African Refiners and Distributors Association's (ARDA's) Roadmap for Africa's Downstream Sector

ARDA Executive Secretary Anibor Kragha delves into the Association’s efforts to harmonize fuel specifications across Africa and support oil and gas projects throughout the continent

In an exclusive interview with Energy Capital & Power (www.EnergyCapitalPower.com), Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association (ARDA), discusses the Association’s efforts to harmonize fuel standards, implement a three-decade energy transition strategy and invest in infrastructure. Kragha will participate in this year' edition of MSGBC Oil,…

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    • Crude to Commerce: Angola Oil & Gas (AOG) 2024 Panel to Discuss Angolan Downstream Projects
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Crude to Commerce: Angola Oil & Gas (AOG) 2024 Panel to Discuss Angolan Downstream Projects

Angola’s premier industry event returns to Luanda from October 2-3, uniting international delegations from China, the US, the UAE, Australia, Europe and more with Angolan projects

Angola’s Cabinda refinery is nearing completion, with operations expected to kick off by the end of 2024. The facility expects the first phase – targeting 30,000 barrels per day (bpd) – to become fully operational by July 2025, while the second phase will increase capacity to 60,000 bpd. As Angola…

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    • CITAC to Explore Petroleum Supply-Demand Trends at Angola Oil & Gas (AOG) 2024 Workshop
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CITAC to Explore Petroleum Supply-Demand Trends at Angola Oil & Gas (AOG) 2024 Workshop

A slate of developments in Africa’s downstream oil and gas industry is expected to spur a new wave of investment and drive electrification throughout the continent

Angola is boosting energy security by developing three new refineries, increasing capacity to 400,000 barrels of oil per day (bpd). The Cabinda refinery will be commissioned by the end of 2024, followed by the Lobito Refinery and Soyo Refinery from 2025 onwards. Meanwhile, upgrades to the country’s sole operational refinery,…

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    • South Africa (SA) Architects Rally to Tackle Housing Shortage Amid rapid Urban Growth
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South Africa (SA) Architects Rally to Tackle Housing Shortage Amid rapid Urban Growth

Industry professionals to discuss solutions to shape cities and communities for a sustainable future at AZA24 – organized by Energy Capital & Power – from 4-7 September in Johannesburg, South Africa

South Africa is currently experiencing rapid urbanisation, with 63% of the population already residing in urban areas, a figure projected to rise (https://apo-opa.co/3Yt1Azg) to 71% by 2030. By 2050, it is estimated that eight out of every 10 people in the country will live in urban areas. As a consequence, the…