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Energy Capital & Power
Source: Energy Capital & Power |

Critical Minerals Africa (CMA) 2024 to Explore Lobito Corridor’s Role in Streamlining Mineral Trade

The Lobito Corridor serves as a blueprint for attracting fresh investments to advance infrastructure and mining developments

Multinational commodity trader Trafigura and Kamoa-Kakula entered a long-term agreement with the Lobito Atlantic Railway consortium to transport critical minerals via the Lobito corridor in February 2024. In addition, Canadian mining firm Ivanhoe Mines made its inaugural copper shipment from the Kamoa-Kakula Copper Complex in the DRC via the corridor,…

Energy Capital & Power

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    • Details of Transnet Draft Network Statement Shared at Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) 2024
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Source: Energy Capital & Power |

Details of Transnet Draft Network Statement Shared at Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) 2024

Taking place March 17-19, SIDSSA promotes infrastructure investment across various segments of the economy

South African rail, port and pipeline company Transnet recently published its network statement, which details the functions of the infrastructure manager and the contractual agreements for private sector operators. The statement is a step towards introducing third-party access to South Africa’s rail network. Speaking during the Sustainable Infrastructure Development Symposium…

Energy Capital & Power
Source: Energy Capital & Power |

Six Connectivity Projects to Watch in Senegal

Senegal is investing heavily in infrastructure to promote transportation and economic growth and the MSGBC Oil, Gas & Power 2023 conference – which is organized by Energy Capital & Power – will highlight investment and partnership opportunities within the west African country’s infrastructure segment

The Emerging Senegal Plan – a framework for the country’s economic and social policy – prioritizes infrastructure development and aims to drive long-term growth on the back of private investment. The strategy is divided into two phases, with the first relying on public investment-led growth and the second prioritizing private…

Energy Capital & Power

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    • Top 5 Sectors for Foreign Direct Investment (FDI) in Angola
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Source: Energy Capital & Power |

Top 5 Sectors for Foreign Direct Investment (FDI) in Angola

Rich in hydrocarbons, minerals and agricultural land, the Government of Angola has sought to diversify and expand private sector participation in the country’s economy

Angola represents a large market potential for Foreign Direct Investment (FDI), serving as the sixth-largest economy in Africa. The country’s economy is largely driven by its oil sector, which contributes to approximately 50% of its GDP, 70% of Government revenue and over 90% of exports. However, the potential for FDI (https://apo-opa.info/45zscQo) transcends…

Energy Capital & Power

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    • Angola Oil & Gas (AOG) 2022 Panel Explores Regional Cooperation on African Oil and Gas Market Expansion
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Source: Energy Capital & Power |

Angola Oil & Gas (AOG) 2022 Panel Explores Regional Cooperation on African Oil and Gas Market Expansion

Sponsored by SONILS, a panel discussion held on the second day of AOG 2022 explored ways southern African countries can improve

Entitled ‘Regional Emergence: Oil and Gas Discoveries All Over the Region Change the Energy Narrative for Angola and its Neighbors,’ a panel discussion held during the second day of the 2022 edition of the Angola Oil & Gas conference and exhibition (https://bit.ly/3gQEXBx) in Luanda explored regional integration and collaboration by African countries…

Energy Capital & Power

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    • Senegal: Infrastructure Investments Strengthen Dakar´s Role as Regional Trading Hub
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Senegal: Infrastructure Investments Strengthen Dakar´s Role as Regional Trading Hub (By Miguel Artacho)

In order to prepare for a decade that will undoubtedly transform modern-day Senegal, the Administration of H.E. President Macky Sall has been working on a number of new large-scale infrastructure, transportation, civil aviation and maritime logistics projects

By Miguel Artacho For centuries Senegal has been an entry point into Africa, from Arab to European traders that arrived on the Atlantic shores, the commercial exchanges that have taken place for hundreds of years continue to date. One of the secrets to Senegal´s success has been its strategic location as…

Energy Capital & Power
Source: Energy Capital & Power |

Diversified Energy Mix for A Clean Energy Transition

The African Energy Chamber and Africa Oil & Power hosted a webinar focusing on renewable energy development in the short and long term

COVID-19 has intensified the debate on the global renewable energy transition; the African Energy Chamber and Africa Oil & Power (www.AfricaOilAndPower.com) hosted a webinar focusing on renewable energy development in the short and long term; seventy-two percent of the world’s installed capacity in 2019 originated from renewable resources. The world’s…

Energy Capital & Power
Source: Energy Capital & Power |

Senegal: A West African Leader on the Rise (By Thomas Hedley, Field Editor)

Senegal has demonstrated strong ambition for economic development and rapid progress towards becoming an attractive investment destination

By Thomas Hedley, Field Editor Although they are located 1,800Km from each other, Côte d'Ivoire and Senegal vie for the place of economic leader in West Africa, with a slight advantage for the former which, thanks to its leading economic capital Abidjan, was able to attract many investors, particularly French speaking.…

Energy Capital & Power
Source: Energy Capital & Power |

OPEC+ slashes production, saves Oil Industry from collapse

Up to 20 million barrels of oil per day could come off the market in combined efforts

In a watershed moment for the oil and gas industry, OPEC and its allies in the OPEC+ group finalized a deal on Easter Sunday that, in conjunction with efforts from the G20 and International Energy Agency, could see up to 20 million barrels of oil per day removed from a…

Energy Capital & Power
Source: Energy Capital & Power |

CORRECTION: OPEC+ at Brink of Ending Oil Price War, awaits G20 Meeting for OPEC++ Deal

From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022

In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia have agreed on new production cuts, with the OPEC+ group agreeing to eliminate 10 million barrels of crude per day for an initial two-month period to save a glutted oil…