Antonio Oburu Ondo Reveals Strategies to Explore, Drill and Unlock Offshore Potential in Equatorial Guinea

OPEC members recently met in Vienna for the 8th OPEC International Seminar. What measures is OPEC currently taking to stabilize the market given recent price increases? The global oil market has experienced a relatively volatile few years but OPEC remains committed to contributing towards market stability, both for producers and consumers alike. We have been closely […]

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Absa Bank Ghana invests $24 million in solar plants, taking the lead in green financing.

A ground-breaking US$24 million corporate green credit made possible by Absa Ghana has significantly accelerated Ghana’s ambitious plan to diversify its energy mix and embrace renewable resources. The money will support the Bui Power Authority’s groundbreaking 100 MW solar facility, enhancing the nation’s energy potential and promoting its commitment to sustainable development. Leading the revolutionary […]

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Akufo-Addo cuts sod for construction of 8,000 affordable housing homes

In order to begin work on the Pokuase Housing project, the government’s first project under the new National Affordable Housing Programme (NAHP), President Nana Addo Dankwa Akufo-Addo has already cut sod.The Pokuase project intends to provide 8,000 housing units through a strategic cooperation with the private sector to meet the housing requirements of Ghanaians, particularly […]

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Mohamed Hamel, Gas Exporting Countries Forum (GECF) Secretary General, Confirmed as a Speaker at MSGBC Oil, Gas & Power

H.E. Eng. Mohamed Hamel, Secretary General of the GECF, will share his expertise on first gas for Senegal and Mauritania at MSGBC Oil, Gas & Power 2023 Energy Capital & Power (https://EnergyCapitalPower.com/) is honoured to welcome H.E. Eng. Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF), as a speaker at the upcoming MSGBC […]

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Adesina outlines future vision for sustainable growth and climate resilience in key African Union speech

Adesina spoke about the Bank’s significant investments, including spending $44 billion in regional and national infrastructure projects over the past seven years African Development Bank Group (http://www.AfDB.org) President Dr Akinwumi Adesina on Sunday, outlined the Bank’s significant achievements and commitments to Africa, underscoring the Bank’s determination to mobilise resources for driving economic transformation, climate resilience, […]

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The International Islamic Trade Finance Corporation (ITFC) Signs Seven Agreements Totaling US$ 1.2 Billion With Burkina Faso, Cote d’Ivoire, Nigeria, and Partner Banks

Agreements Signed on the Fourth Day of the 2023 Islamic Development Bank Group (IsDB) Annual Meetings in Jeddah The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), has signed seven major agreements with Azerbaijan, Burkina Faso, Cote d’Ivoire, Nigeria, and Uzbekistan on the last day of the […]

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TotalEnergies’ Clement Fleury to Highlight Exploration and Production (E&P) Insights at African Energy Week 2023, Unleashing Africa’s Energy Potential

During African Energy Week, TotalEnergies’ senior exploration geophysicist, Clement Fleury will participate in discussions on exploration and production activities in Africa As Africa prepares for a revival in exploration and production (E&P) activities, TotalEnergies stands poised to seize this opportunity by significantly scaling up and expanding its E&P operations across diverse markets in Africa. Representing […]

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African Development Bank appoints Ousmane Fall as Director of Non-Sovereign Operations and Private Sector

Fall takes on this new role with 17 years of experience The African Development Bank Group (http://www.AfDB.org) has appointed Ousmane Fall, a Senegalese national, as Director of Non-Sovereign Operations and Private Sector, effective from the 1st of August 2023. Fall takes on this new role with 17 years of experience. He spent the last four years at […]

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Afreximbank leads US$155 million strategic facility to Djibouti Ports and Free Zone Authority

The deal is targeted at supporting the development of a trade-enabling infrastructure to assist Djibouti in achieving its plan to become a regional trans-shipment and logistics hub The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Nairobi announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series […]

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