R/€ = 16.06 Change: 0.04
R/$ = 14.39 Change: 0.04
Au 1277.77 $/oz Change: -8.11
Pt 814.66 $/oz Change: -12.16


Nordic countries strengthen partnerships with sub-Saharan Africa

By: Kim Cloete     17th May 2019 The Nordic countries of Denmark, Finland, Norway and Sweden are strengthening their partnerships with sub-Saharan African countries to increase green electrification and water security. The four countries are known for their expertise in developing viable and innovative energy systems, with a... 

Former BP and Equinor executive to lead African Energy Chamber in Angola

By: African News Agency      3rd May 2019 The African Energy Chamber says it has appointed former BP and Equinor executive Sergio Pugliese as its president for Angola with effect from May 1. In a statement issued on Thursday, the chamber said Pugliese would support its partners in unlocking value in Angola’s multi-billion-dollar oil and... 

PowerGen, AUW co-location brings more conversation and connection

By: Mc'Kyla Nortje     3rd May 2019 This year’s African Utility Week (AUW) will welcome the generation sector through the co-location of the electricity industry forum PowerGen Africa for complete discussions ranging from the power sector planning to smart city delivery. “With the concentration of senior decision-makers... 

SAEEC explores the carrot and stick approaches to emission management in South Africa

25th April 2019 Carbon tax can be said to be present and imminent in South Africa and it is slated to affect all industries. However, it is apparent that phase 1 of the carbon tax will penalise companies whose primary source of emission is energy generation. Therefore, the obvious conclusion is that using less... 

South32 coking coal output down 37%, energy coal hit by community protests  

By: Esmarie Iannucci     18th April 2019 Diversified miner South32 has lowered its energy coal and alumina production expectations for the full year, following a tough March quarter. Energy coal production for the quarter declined by 1% on the previous quarter, to 6.3-million tonnes, while metallurgical coal production was down 37% to... 

Kibo appoints Wimmer as adviser for African project financing

By: Tasneem Bulbulia     17th April 2019 Kibo Energy has signed a corporate finance engagement letter with Wimmer Financial, which will advise Kibo on and manage all aspects related to the structuring and provision of a project finance corporate credit line facility of up to $900-million which could form part of a broader funding... 

Ncondezi, GridX start JV for solar, battery projects in Africa

By: Marleny Arnoldi     5th April 2019 Aim-listed Ncondezi Energy has entered into a term sheet with power developer GridX Africa Development, enabling the companies to enter into a joint venture (JV) that is focused on building and operating captive solar and battery storage solutions for the African commercial and industrial sector.... 

$30bn investment push into Africa’s downstream oil industry sparks optimism

By: Kim Cloete     28th March 2019 Africa’s demand for energy, which is far higher than that of other regions in the world, is expected to be very positive for the African oil downstream industry, which has seen a $30-billion investment push in logistics, distribution, storage terminals, import facilities and retail marketing in... 

Astron Energy signals commitment to growing its Cape Town refinery, service stations

By: Kim Cloete     26th March 2019 Standalone South African energy company Astron Energy is upbeat about investing in both its Cape Town refinery, as well as its Caltex-branded service stations over the next few years. “Investment in South Africa has positive potential. South Africa has the highest fuel consumption in sub-Saharan... 

Trends Creating Opportunities in Africa’s Energy Sector

By: Creamer Media Reporter      4th February 2019 Africa’s power and energy sector are catalysts for its growth and development. To achieve its full potential, the continent needs to accommodate the energy needs of its citizens and to achieve that, necessitates businesses and producers to stay abreast of the precipitous advances of the energy... 

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