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Energy Capital & Power

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    • Guinea-Bissau and Senegal Promote Hydrocarbon Development of the MSGBC Basin (By Miguel Artacho)
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Source: Energy Capital & Power |

Guinea-Bissau and Senegal Promote Hydrocarbon Development of the MSGBC Basin (By Miguel Artacho)

The AGC is an entity that reports directly to the Presidents of both countries on all oil and gas industry developments; and also has strong functional linkages with the relevant ministries

By Miguel Artacho, Field Editor Guinea-Bissau has several offshore areas that hold good prospects for a variety of independent exploration and production (E&P) companies, as well as International Oil Companies (IOCs) that are currently operating in several of the MSGBC Basin countries including Sweden´s Svenska Petroleum, Norway´s PetroNor E&P and Australian-based…

Energy Capital & Power

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    • Five Reasons Why the MSGBC Basin is a Top Investment Destination (By Miguel Artacho)
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Source: Energy Capital & Power |

Five Reasons Why the MSGBC Basin is a Top Investment Destination (By Miguel Artacho)

In recent years all of the MSGBC Basin countries have been climbing up the global rankings due to the continuing improvements in their business climates

By Miguel Artacho, Field Editor Since large-scale oil and gas discoveries took place in the offshore waters of Senegal and Mauritania between 2014-2017, the entire MSGBC region– comprised of Mauritania, Senegal, The Gambia, Guinea Conakry, and Guinea Bissau – has received growing interest from international investors. There are several reasons why…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Staff Completes Virtual Mission for the First Review of a Staff-Monitored Program to Guinea Bissau

The review is aimed at assessing the efforts being undertaken to build a policy track record towards a possible Extended Credit Facility (ECF) arrangement in 2022

Progress on the Staff-Monitored Program (SMP) reform agenda has been satisfactory despite difficult socio-economic conditions compounded by the COVID-19 pandemic; Ensuring revenue mobilization and expenditure containment, including in the wage bill, will help to create room for spending on critical social and pro-growth areas, and to buttress debt sustainability; Strict…

Energy Capital & Power

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    • Guinea Bissau: Independent E&P Companies, IOC´s Unlock Prospective Offshore MSGBC Acreage (By Miguel Artacho)
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Source: Energy Capital & Power |

Guinea Bissau: Independent E&P Companies, IOC´s Unlock Prospective Offshore MSGBC Acreage (By Miguel Artacho)

Guinea Bissau has overcome a difficult 2020-2021 due to the COVID-19 pandemic and has seen an uptick in economic growth this year that is expected to accelerate further over the course of 2022

By Miguel Artacho, Field Editor Oil and gas investors with an interest in Africa have made significant investments in some of the countries of the MSGBC Basin – which comprise Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea-Conakry – such as Senegal and Mauritania, where the world-class Grand Tortue Ahmeyim (GTA) gas project…

Energy Capital & Power

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    • Guinea-Bissau Plays a Crucial Role in Global Bauxite Supply Chain (By Miguel Artacho)
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Source: Energy Capital & Power |

Guinea-Bissau Plays a Crucial Role in Global Bauxite Supply Chain (By Miguel Artacho)

Growing FDI into Guinea-Bissau’s strategic mining sector is boosting export capabilities and supporting strong real GDP growth

By Miguel Artacho, Field Editor The West African nation of Guinea-Bissau is blessed with abundant natural resources, a growing energy sector, as well as large tracts of arable land. Bauxite is the cornerstone of the Guinean economy and is the country´s main foreign currency earner. Today, Guinea-Bissau has the world´s third…

Energy Capital & Power

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    • Senegal’s Taiba N’Diaye Wind Farm Blows in a New Wave of Green Investment for the MSGBC Region (By Charné Hundermark)
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Source: Energy Capital & Power |

Senegal’s Taiba N’Diaye Wind Farm Blows in a New Wave of Green Investment for the MSGBC Region (By Charné Hundermark)

Senegal’s first wind project is strengthening the region’s position as a renewable energy leader, with MSGBC Oil, Gas, & Power 2021 anticipated to drive further investment in the region

By Charné Hundermark, Southern and East Africa Editor In addition to world class energy developments taking place within the oil and gas industry, Senegal is making moves to exploit its significant renewable energy resources, positioning the Mauritania, Senegal, Gambia, Guinea Bissau and Guinea Conakry (MSGBC) region as a globally competitive…

Energy Capital & Power

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    • MSGBC Natural Gas to Accelerate Regional Economic Growth, Position Africa as a Global Competitor (By Charné Hundermark)
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Source: Energy Capital & Power |

MSGBC Natural Gas to Accelerate Regional Economic Growth, Position Africa as a Global Competitor (By Charné Hundermark)

The emerging natural gas province in the MSGBC region will likely translate into significant, regional socio-economic growth, and the upcoming MSBGC Oil, Gas & Power 2021 conference seeks to drive this

By Charné Hundermark, Southern and East Africa Editor The MSGBC region – covering Mauritania, Senegal, Gambia, Guinea Bissau, and Guinea Conakry – unlike other high production markets in West and Northern Africa, has seen relatively small-scale energy sector developments since the early 2000s. However, with the discovery of significant natural…

Facebook

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    • Facebook Marketplace Rolls Out to 37 Countries & Territories Across Sub-Saharan Africa
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Source: Facebook |

Facebook Marketplace Rolls Out to 37 Countries & Territories Across Sub-Saharan Africa

Marketplace is a convenient destination where people can discover, buy and sell items from others in their local communities

Facebook (www.Facebook.com) today announced the launch of Marketplace to 37 countries and territories in Sub-Saharan Africa, including: Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Central African Republic, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Eswatini, Equatorial Guinea, Guinea, Guinea-Bissau, Gabon, Gambia, Ghana, Liberia, Lesotho, Malawi, Mali, Mauritania, Mauritius, Namibia,…

Energy Capital & Power

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    • Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)
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Source: Energy Capital & Power |

Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

Energy Capital & Power will host MSGBC Oil, Gas & Power 2021, which will create a national platform for constructive dialogue

By Jasser Hammami, Field Editor The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. According to the country’s national oil company Petroguin, Guinea-Bissau authorized international businesses to begin…

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

India-Guinea Bissau Bilateral Meeting (July 5-6, 2021)

Both sides undertook a comprehensive review of the entire gamut of bilateral, regional, and international issues of mutual interest

Shri Rahul Chhabra, Secretary (Economic Relations) visited Guinea Bissau (GB) on 5-6 July 2021. He was accompanied by Joint Secretary (C&WA), this was the first ever bilateral visit from our side. Shri Chhabra called on President Umaro Sissoco Embaló; Deputy Prime Minister Soares Sambú, held delegation level discussions with Ms…