South Africa’s downstream fuel sector is poised for a significant realignment as Shell plc advances negotiations to divest its local retail and marketing assets to Abu Dhabi National Oil Company. The transaction, estimated at around $1 billion, would conclude more than a century of Shell’s direct participation in the country’s fuel retail market. Sources familiar…
The Africa Finance Corporation (AFC) has reached financial close on a landmark green financing in Côte d’Ivoire, marking a notable shift in how large-scale energy infrastructure is funded across the region. The institution has disbursed €43 million under the Poro Power Green Bond—recognised as the first project-finance green bond in both Côte d’Ivoire and the…
BP has agreed to acquire a 60% operating interest in three offshore petroleum exploration blocks in Namibia from Canada-based Eco Atlantic Oil & Gas, reinforcing its renewed focus on upstream oil and gas growth. Under the agreement, BP will pay Eco Atlantic $2.7 million in cash for the stake, according to the Canadian explorer. The…
Germany has committed to extending a €200 million concessional climate loan to South Africa, reinforcing bilateral cooperation on energy transition priorities and critical mineral development following high-level talks in Berlin. South Africa’s Minister of International Relations and Cooperation, Ronald Lamola, confirmed that the financing will be directed towards strengthening the country’s electricity grid and scaling…
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…
The rapid rise of climate litigation is redefining global energy policy, with courts increasingly influencing how climate obligations are interpreted and enforced. Advisory proceedings at institutions such as the International Court of Justice and the International Tribunal for the Law of the Sea are establishing legal standards that extend beyond national borders, shaping emissions regulation,…
The Bolobedu Solar Farm in rural north-eastern Limpopo has entered commissioning, marking another step in South Africa’s accelerating shift towards utility-scale private renewable energy and corporate power procurement. Developed by French independent power producer Voltalia in partnership with mining group Richards Bay Minerals (RBM), the 148MW facility has begun delivering initial power into the national…
Guinea-Bissau has appointed Julio Mamadù Baldé as Minister of Natural Resources, signalling a renewed push to strengthen governance and accelerate upstream development in the MSGBC basin, while improving investor confidence and regulatory clarity across its emerging energy sector. Baldé is a water resources engineer with extensive public administration experience, including roles as Head of Hydrology…
Williams Olakunle, Founder & President of Tetracore Energy Group, has built one of the fastest-growing integrated gas companies in Nigeria, attributed to the execution and development of infrastructure. Within five years, Tetracore Energy Group has evolved into a high-value energy company with operations involving gas production, transportation, and electricity generation. With experience in legal and…
India has strengthened its position as a global clean energy leader, overtaking Brazil to become the world’s third-largest holder of renewable energy capacity, Union Minister Pralhad Joshi has confirmed. Citing Renewable Energy Statistics 2026 from the International Renewable Energy Agency (IRENA), India now ranks behind China and the United States in total installed renewable capacity…
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