Source: European Investment Bank (EIB) |

Partnerships and development — two new European Investment Bank (EIB) reports outline a stronger commitment to global action

This two-volume package outlines through projects, initiatives and technical advice how EIB Global is raising its commitments and increasing cooperation with the public and private sectors

EIB Global Report: The Impact (https://bit.ly/3n3Oq89) details the results and numbers behind development activities outside the European Union and discusses the many challenges facing the economy and societies worldwide, including climate change, the war in Ukraine and the COVID-19 pandemic; EIB Global Report: The Story (https://bit.ly/3QOXoDU) illustrates the foundations of the…

African Energy Chamber
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    • EU Turns to Egypt in the Rush to Replace Russian Gas (Image Source: www.euractiv.com)
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Source: African Energy Chamber |

EU Turns to Egypt in the Rush to Replace Russian Gas

By funding exploration and production as well as LNG developments in Egypt, Europe can tap into a new pool of gas reserves as it moves to divest from Russian resources

The European Commission has proposed a deal to accelerate natural gas imports from Egypt in a bid to reduce its reliance on Russian gas. With Egypt ramping up efforts to become a major liquefied natural gas (LNG) player through increased exploration, production and infrastructure build up and modernization, the north…

Expertise France
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    • EU to Support Economic Governance and Digital Transformation in Libya (1)
    • EU to Support Economic Governance and Digital Transformation in Libya (2)
    • EU to Support Economic Governance and Digital Transformation in Libya (3)
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Source: Expertise France |

EU to Support Economic Governance and Digital Transformation in Libya

The €5M E-NABLE project will be implemented by Expertise France

“E-NABLE”, a new project funded by the European Union, will support key Libyan economic institutions in introducing digital economic governance tools and improving digital services for businesses. The three-year project (2022 – 2025) aims at promoting an investment-friendly and conducive business environment, strengthening the Libyan private sector and thus contributing…

Source: World Food Programme (WFP) |

European Parliament delegation visited drought-stricken southern Madagascar

Five members of the European Parliament’s Committee on Development met vulnerable villagers in the districts of Amboasary and Ambovombe, epicentres of a four-year drought where famine-like conditions were declared in 2021

Members of the European Parliament who visited drought-stricken southern Madagascar to see how front-line communities and responders are dealing with the protracted humanitarian emergency there noted that a steady flow of assistance has helped avert catastrophe and ease widespread hunger. But they warned that much remains to be done to…

African Energy Week (AEW)
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    • European Union (EU) Forges Ahead with Africa Gas Deals (Image source: EU)
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Source: African Energy Week (AEW) |

European Union (EU) Forges Ahead with Africa Gas Deals

The African Energy Chamber strongly supports the European Commission’s plan to step up cooperation regarding gas with Africa, however, this should help Africa to expand production, infrastructure development and the exploitation of gas to address domestic energy poverty

The European Union (EU) is moving ahead with plans to enhance Africa-EU supply chains. Following the Russia-Ukraine crisis and supply disruptions, the bloc has emphasized the viability of Africa's reserves to meet European demand in which a series of deals signed between Europe and African governments and national oil companies…

Energy Capital & Power
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    • Angola Targets 60% Electrification by 2025 Driven by Renewables (By Verner Ayukegba)
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Source: Energy Capital & Power |

Angola Targets 60% Electrification by 2025 Driven by Renewables (By Verner Ayukegba)

Angola aims to increase energy generated from renewable sources and attract greater FDI from the EU and international financial institutions

By Verner Ayukegba, Senior Vice-President of the African Energy Chamber The Angolan government has reiterated its commitment to expanding the share of renewables in the country’s energy mix, with targets set to increase the utilization of renewable energy sources to 70% by 2025. The country's energy mix is currently dominated by…

African Energy Chamber
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    • African Energy Stakeholders Discuss Investment, Domestic Gas Utilization and Namibia’s Oil Boom in Market-Driven African Energy Chamber (AEC) Webinar
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Source: African Energy Chamber |

African Energy Stakeholders Discuss Investment, Domestic Gas Utilization and Namibia’s Oil Boom in Market-Driven African Energy Chamber (AEC) Webinar

The African Energy Chamber hosted a webinar to discuss the challenges and opportunities within Africa’s energy sector and the importance of collaboration amongst African stakeholders to boost market growth

With over 600 million without access to electricity in Africa in 2022, urgent solutions are required. In this regard, signing deals to expand energy production is key to addressing energy poverty and the continent’s energy market stakeholders need to ensure they push for local content and address issues such as…

Source: Africa Oil Week |

Africa’s energy opportunities under the spotlight as Russian energy gap widens (By Paul Sinclair)

African leaders are already moving to address European and global needs

By Paul Sinclair is VP of Energy for Africa Oil Week (www.Africa-OilWeek.com) As Europe seeks new sources of gas to ensure its energy security, can African markets fill in the Russian gap? While some countries are well poised to benefit from the potential economic windfall, others are lagging in terms…

African Energy Chamber
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    • Minister of Economic Affairs and Climate Action of the Federal Republic of Germany, Robert Habeck and Namibian Energy Minister Tom Alweendo (1)
    • Minister of Economic Affairs and Climate Action of the Federal Republic of Germany, Robert Habeck and Namibian Energy Minister Tom Alweendo (2)
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Source: African Energy Chamber |

It’s Time for Europe and Africa Agree on a Green Gas Deal (By NJ Ayuk)

Africa has an important role to play in meeting European energy needs today and tomorrow

By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) It would be fair to say that when it comes to Africa’s energy industry, Africa and Europe have been at odds for the last several years. Europe, which has valid concerns about protecting the climate and moving the world toward net-zero…

WHO Regional Office for Africa
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    • Coronavirus – Africa: European Union funding boosts COVID-19 vaccination in Africa
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Source: WHO Regional Office for Africa |

Coronavirus – Africa: European Union funding boosts COVID-19 vaccination in Africa

The funding is part of the European Union’s (EU) humanitarian initiative for COVID-19 vaccination in Africa

The European Commission’s Directorate-General for European Civil Protection and Humanitarian Aid Operations (ECHO) is supporting the work of the World Health Organization (WHO) to boost COVID-19 vaccination campaigns and increase coverage in 15 African countries. With a total of €16 million from ECHO, WHO is supporting operational and technical aspects…