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The MSGBC region’s gas market is poised for a significant transformation in 2024 as projects start production, power generation facilities progress and investment increases across the energy value chain. Through gas, the region is set to foster long-term and sustainable economic growth. GTA Phase 1 to Kickstart in 2024 Situated on the maritime border between […]
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International commercial banks are exiting the African oil-and-gas sector to minimise their hydrocarbons exposure. However, a wave of African banks and other innovators are stepping into the gap, and providing the finance to drive the next phase of Africa’s energy development. This is a key theme emerging from the energy event AOW: Investing In African […]
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The most effective way to bring Africa’s oil and gas resources to market is through a quick, efficient partnership approach – as the West African nation has proved. The African Oil and Gas sector is in an exciting phase of its development, with global energy policy shifting, new discoveries being announced on the continent, and […]
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Ongoing discoveries confirm a growing energy opportunity for the continent – in export markets and to power domestic development. The recent signing of an agreement to develop what has been called South Africa’s largest liquified natural gas project in Mpumalanga province has emphasised the potential of natural gas as a viable energy source for the […]
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Africa Oil Week (AOW), the continent’s premier event for the international oil and gas industry, is poised to continue and expand upon the critical discussions initiated at the recent BRICS Summit concerning energy mix, fossil fuels, climate change, and the crucial need for responsible oil exploration. Set to take place from 9–13 October, in Cape […]
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By NJ Ayuk, Executive Chairman, African Energy Chamber Somewhere at the intersection of money and climate are more than 600 million Africans who don’t have access to electricity, 890 million Africans without methods for clean cooking, dozens of African nations that depend on hydrocarbons to fund just about every service they provide, and African industrial […]
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Standard Bank’s insights around the UNEP FI’s roundtable in Windhoek, Namibia this week Switching from coal to renewable energy and meeting the estimated cost of US$1.3 trillion to meet climate change challenges are just two of the issues impacting the continent’s financial institutions. Finding sustainable financial solutions to these threats, while promoting a just energy […]
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Author: Shirley Webber, Coverage Head: Resources and Energy, Absa CIB One of the most emotive subjects in Africa currently is the energy transition from fossil fuels to cleaner energy, with the mining and resources sectors at the sharp end of the debate. Consider for a moment that South Africa is light years ahead of the […]
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By NJ Ayuk, Executive Chairman, African Energy Chamber Energy woes are synonymous with South Africa right now. Having a conversation with Gugu Mfuphi on her Kaya FM show, reminded me on the necessity of an energy mix and natural gas and making markets work for South Africa. As the country’s fleet of mostly coal-powered plants […]
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By NJ Ayuk, Executive Chairman, African Energy Chamber South Africa is a regional heavyweight. Its economy is one of the largest on the African continent — as well as the most diversified, the most industrialized, and the most technologically advanced. It has more extensive road and rail networks than any other African state, a feature […]
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