Partnerships, Deals & Projects

Proparco, Yas, and AXIAN Deepen Africa Digital-Energy Investment Drive With A $351Million Framework

Proparco has entered into a strategic partnership with Yas and AXIAN Energy to accelerate infrastructure investment across Africa’s digital and energy sectors, as demand for connectivity and reliable power continues to reshape the continent’s economic landscape. The agreement, formalised in Nairobi through a Memorandum of Understanding, positions the three organisations around a coordinated investment strategy…

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Cairo–APPO Talks Spotlight Deepening African Energy Integration and Financing Agenda

Cairo is positioning itself at the centre of a renewed push for African energy integration, following high-level discussions between Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and the Secretary-General of the African Petroleum Producers Organisation (African Petroleum Producers Organisation), Farid Ghazali, on Monday, 11 May 2026. The meeting focused on strengthening coordination between…

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Afrox Locks In Renewable Power For Cape Town’s ASU

Industrial gases producer Afrox has secured a decade-long renewable energy supply agreement with Discovery Green, marking another significant shift towards cleaner industrial operations in South Africa’s energy-intensive manufacturing sector. The agreement will see Discovery Green supply approximately 28GWh of renewable electricity annually to Afrox’s air separation unit (ASU) in Kuils River, Cape Town, beginning in…

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Gabon Advances Energy Compact Under Mission 300

The African Development Bank Group, in partnership with the Government of Gabon, has concluded the 10th Africa Energy Market Place in Libreville, reinforcing efforts to accelerate investment and reform in Gabon’s power sector. The two-day forum, held on 8–9 April 2026, convened policymakers, financiers and private sector stakeholders to advance delivery under Mission 300—a joint…

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Nigeria and South Africa Advance Strategic Energy Partnership Amid Push for Continental Integration

Nigeria and South Africa are stepping up efforts to deepen bilateral cooperation in the energy sector, signalling a coordinated push towards strengthening Africa’s long-term energy security and investment attractiveness. The initiative was underscored at the South Africa Energy Collaboration Breakfast Roundtable in Lagos, convened in partnership with the Africa Energy Chamber, where senior officials and…

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Sierra Leone Awards Offshore Blocks to Marginal Energy in Upstream Push

Sierra Leone has taken a further step to position itself as an emerging upstream destination, awarding a new offshore petroleum licence to Marginal Energy as part of a broader strategy to attract exploration capital and accelerate basin development. The agreement, executed on 23 April at the Invest in African Energy Forum, grants the Nigerian independent…

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AfDB–ILX Close Landmark Egypt Wind Deal

AfDB and ILX close their first joint renewable energy deal in Egypt, financing a 1.1 GW wind project to accelerate the country’s energy transition and attract institutional capital to African climate infrastructure.

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Nigeria–Morocco Pipeline Advances To Delivery Stage

The proposed Nigeria-Morocco gas pipeline has now reached a critical juncture, with an intergovernmental agreement IGA scheduled to be signed this year. The total cost estimate for the project is valued at approximately $25 billion, and this is a consequence of over a decade of feasibility studies, Front-End Engineering Design (FEED), and negotiations, which have…

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Botswana–Oman Deals Advance Energy and Minerals Strategy

Botswana has advanced its energy diversification strategy through a suite of agreements with Oman, spanning upstream minerals, fuel infrastructure and renewable power, following a high-level visit to Muscat. During a three-day state visit, President Duma Boko and Sultan Haitham bin Tariq oversaw the signing of accords aimed at deepening bilateral economic cooperation and unlocking long-term…

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Cyprus–Egypt MOU Sets Framework As Commercial Deadlocks Remain

Cyprus’ Exclusive Economic Zone (EEZ) returned to focus at this week’s EGYPES conference in Cairo, where energy ministers from Cyprus and Egypt signed a framework agreement on future gas exports. While politically symbolic, the deal primarily reaffirms the intent to route Cypriot offshore gas through Egyptian infrastructure to global LNG markets. However, the agreement does…

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