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Announcements
U.S. Embassy - Cairo
Source: U.S. Embassy - Cairo |

United States and Egypt Launch Center of Excellence for Energy at Ain Shams University

This new Center is part of a five-year, $90 million USAID initiative that also includes a Center of Excellence for Agriculture hosted at Cairo University in partnership with Cornell University

The Center of Excellence for Energy at Ain Shams University opened for business, with support from the United States Agency for International Development (USAID) and in close cooperation with the Ministry of Higher Education and the Massachusetts Institute of Technology (MIT). The establishment of this new Center is part of…

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

Hola, Madrid! African Development Bank takes the continent’s climate agenda to COP25 in Spain

The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025

The Bank is playing a leading role in guiding progress on climate change on the continent. The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025. The African Development Bank (http://www.AfDB.org) will on Monday kick off a campaign to plead the continent’s case at…

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

Guinea-Bissau: African Development Bank presents the Lusophone Compact to private sector at Economic Forum

The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products and technical assistance

The African Development Bank (http://www.AfDB.org) presented the Lusophone Compact to the private sector in Guinea-Bissau last month, during an event at the national Economic Forum. The Lusophone Compact, a financing platform involving the African Development Bank, Portugal, and the six Portuguese-speaking countries of Africa (PALOPs), provides risk mitigation, investment products…

U.S. Department of State
Source: U.S. Department of State |

Assistant Secretary for Energy Resources Francis R. Fannon Press Correspondent's Room, Washington, D.C.

The concept of the trip, was to southern Africa and then went on to Abu Dhabi for Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)

By Francis R. Fannon, Assistant Secretary, Bureau of Energy Resources Great.  Thank you.  Good to be here. I was on a bit of a tour.  I just thought I’d give a quick readout of some of the work we’re doing.  But at the – the founding kind of idea, the…

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

Charming Sharm El Sheikh in Egypt lays the red carpet for the 14th Edition of the African Economic Conference

More than 500 researchers, NGOs, policymakers will meet 2-4 December to promote jobs, entrepreneurship and capacity development for African youths

It is in Sharm El Sheikh, Egyptian seaside town, nestled between the desert of the Sinai Peninsula and the Red Sea, that the 14th Edition of the African Economic Conference (AEC) (http://bit.ly/2O6yNvX) will take place. Slated for 2-4 December 2019, the AEC will focus on the theme, “Jobs, Entrepreneurship and…

African Energy Chamber
Source: African Energy Chamber |

NJ Ayuk: Stop giving us aid, it's killing us!

Africa needs long-established support

Looking at Africa and only pushing for aid is not in the interest of the everyday Africans. It is about the egos of the elites and latte intellectuals who believe they have the solutions to why the continent is still poor. As Africa’s population and economies surge, greater opportunities for…

African Energy Chamber
Source: African Energy Chamber |

Making Our Own Luck: What Africa’s Future Liquefied Natural Gas (LNG) Producers Can Learn from Qatar in the Era of Billions At Play (By NJ Ayuk)

Qatar learned that it possessed truly huge reserves of natural gas in 1971, when Royal Dutch/Shell discovered the North Dome structure, also known as the North field

By NJ Ayuk As I got into the process of writing my recent book Billions At Play, The future of African Energy and doing deal, the story of Qatar intrigued me. Its success is contagious and African LNG producers can learn from this country. Qatar learned that it possessed truly…

Siemens AG
Source: Siemens AG |

Tangible solutions to Ethiopia’s energy and infrastructure challenges

German corporate collaborates with smaller company to implement a viable solution in Africa

Contributing to improving Ethiopia’s energy infrastructure; German corporate collaborates with smaller company to implement a viable solution in Africa; creating jobs, providing training and developing local value chains In April 2019 Siemens (Siemens.com) signed a Memorandum of Understanding (MoU) with the Investment Commission of Ethiopia, to address the country’s energy…

African Energy Chamber
Source: African Energy Chamber |

Demonizing Oil and Gas companies is not a constructive way forward on energy transition. Africa will push for “the Right to Drill”

African nations must and will take advantage of their hydrocarbon resources for economic development. Environmental sustainability is a part of it, not an impediment

In an article written for the Guardian newspaper this week, Nobel Peace Prize Winner Archbishop Desmond Tutu of South Africa argued for an Apartheid-style boycott on coal, oil and gas companies as a solution to fight climate change and help ensure global environmental sustainability goals. “We must stop climate change.…

Africa Oil Week
Source: Africa Oil Week |

Côte d'Ivoire uses Africa Oil Week to seek interest in five blocks

Since 2011, 47 exploration licences have been granted by Côte d'Ivoire including four blocks in water depths exceeding 3000 metres

Côte d'Ivoire used the showcase of Africa Oil Week  (Africa-OilWeek.com) to launch its latest offering in the oil and gas sector.  The west African nation, also known as the world’s largest producer and exporter of cocoa, released five blocks that they were seeking expressions of interest in.  “Today I have…