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Energy Capital & Power

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    • Major Global Players Set to Join MSGBC Upstream Market as Nations Eye Future Discoveries
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Source: Energy Capital & Power |

Major Global Players Set to Join MSGBC Upstream Market as Nations Eye Future Discoveries

Following Chevron’s acquisition acreage in Guinea-Bissau earlier this year, several other international players are lining up to invest in the MSGBC region

Several international energy companies are expected to join the MSGBC region’s upstream market in the coming months, as operators target exploration opportunities in The Gambia, Guinea-Bissau and Guinea-Conakry. Speaking at the MSGBC Oil, Gas & Power 2025 conference this week, Ben Sayers, Partner & Energy Specialist, GeoPartners, explained that the…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Provides EUR 135 million Insurance Support for Türkiye’s Strategic Kars–Iğdır–Aralık–Dilucu High Standard Railway Project

The Project is set to generate strong economic and environmental impact by shifting freight from road to electrified rail, cutting logistics costs by an estimated 40% by 2030

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has approved EUR 135 million in Non-Honoring of Sovereign Financial Obligations (NHSFO) insurance in support of the Kars-Iğdır-Aralık-Dilucu (KIAD) High Standard Railway Project in…

Africa Finance Corporation (AFC)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Deepens Central African Presence as Equatorial Guinea Becomes 47th Member State

As a Member State, Equatorial Guinea gains access to AFC’s suite of products including project preparation, equity investments, debt financing, and risk mitigation instruments

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that the Republic of Equatorial Guinea has officially acceded to membership, becoming the Corporation’s 47th Member State. The decision, which closely follows the Central African Republic’s recent accession, marks a significant step in AFC’s deepening presence in…

The Republic of Uganda - Ministry of Foreign Affairs
Source: The Republic of Uganda - Ministry of Foreign Affairs |

Uganda to host the first ever African Dragon Boat Cup 2026

The meeting was attended by Head of Public Diplomacy Margaret Kafeero and Mr. Stilson Muhwezi, First Secretary in charge of Sports Diplomacy

Sports Diplomacy: Uganda set to host the first ever Africa Dragon Boat Cup from 1st – 4th October, 2026. Mr. Solomon Muwonge, president of the Uganda Dragon Boat Federation, revealed this in a meeting with Ambassador Richard Kabonero, Head of Regional Economic Cooperation at the Ministry of Foreign Affairs. The…

Energy Capital & Power

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    • President of Senegal Bassirou Diomaye Diakhar Faye (1)
    • President of Senegal Bassirou Diomaye Diakhar Faye (2)
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Source: Energy Capital & Power |

Senegal’s President Faye Opens MSGBC 2025 with Call for African Energy Sovereignty

The MSGBC Oil, Gas & Power 2025 conference and exhibition officially opened on 9 December with a call by Senegal’s President to develop regional integration and Africa-led sovereignty for shared prosperity

Senegalese President H.E. Bassirou Diomaye Faye opened the 2025 edition of the MSGBC Oil, Gas & Power conference and exhibition in Dakar today, setting an ambitious tone for regional integration, energy sovereignty and shared prosperity across West Africa’s premier energy basin. Marking the fourth edition of the high-level energy gathering,…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project

The project is poised to leverage the country’s world-class solar and wind energy resources

The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Supports EUR 132.5 Million Financing to Strengthen Uzbekistan’s Steel Industry
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Supports EUR 132.5 Million Financing to Strengthen Uzbekistan’s Steel Industry

The financing, backed by ICIEC’s sovereign cover, will enable the completion of Uzmetkombinat’s new Casting and Rolling Complex in Bekabad, Southern Uzbekistan

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce its support for a landmark EUR 132.5 million financing arranged by Standard Chartered for Joint-Stock Company “O'zbekiston Metallurgiya Kombinat” (Uzmetkombinat),…

African Development Bank Group (AfDB)

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    • Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park
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Source: African Development Bank Group (AfDB) |

Democratic Republic of the Congo (DR Congo): The African Development Bank Group grants nearly $160 million to strengthen connectivity to the Ngandajika agro-industrial park

The Project to Strengthen Connectivity at the Ngandajika Agro-Industrial Park is a strategic investment aimed at integrating the park more effectively into the main economic corridors of central DRC

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $159.50 million loan to the Democratic Republic of Congo (DRC) to improve connectivity to the Ngandajika Agro-Industrial Park and help open up the country’s central region. The total project cost is $177.16 million, with co-financing from…

African Energy Chamber

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    • African Energy Chamber (AEC) Calls for Greater Global South Cooperation at Third Global South Think Tanks Dialogue (1)
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Source: African Energy Chamber |

African Energy Chamber (AEC) Calls for Greater Global South Cooperation at Third Global South Think Tanks Dialogue

Held in Shanghai, the event convened policymakers, scholars and stakeholders from across the Global South to discuss strategies for advancing economic growth, cooperation and development

Stronger cooperation among Global South nations is becoming increasingly urgent as countries seek new pathways to accelerate development, expand trade and strengthen long-term economic resilience. For Africa, strengthened ties among Global South nations is particularly valuable, offering a viable solution to unlocking the continent’s natural and mineral wealth and allowing…

Energy Capital & Power

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    • MSGBC 2025: Africa Needs $375B to Develop Natural Gas Sector, Society of Petroleum Engineers (SPE) Says
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Source: Energy Capital & Power |

MSGBC 2025: Africa Needs $375B to Develop Natural Gas Sector, Society of Petroleum Engineers (SPE) Says

With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term

Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organization the Society of Petroleum Engineers (SPE). According to Dr. Riverson Oppong, Africa Director, SPE, who spoke during a workshop at this year’s…