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Tag Archives: africa

Gas is fast becoming the new oil

With oil and gas production declines presenting newfound challenges for Africa, stakeholders are pushing for enhanced exploration to help mitigate this trend. Despite global calls to transition to renewable energy sources, Africa still needs its oil and gas reserves if it is to meet its development goals and make energy …

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Africa welcomes China’s help to bolster exports

Addis Ababa, Ethiopia | Xinhua | Africa welcomes the “generous offer” China is set to provide members of the African Union (AU) to help augment exports in the coming years, a senior official has said. Wamkele Mene, the secretary-general of the African Continental Free Trade Area (AfCFTA), told Xinhua that …

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Why we need African energy banks now

No more begging for foreign financing that only would be awarded if we abandon fossil fuels COMMENT | NJ AYUK | For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To …

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Repositioning Africa under the AfCFTA

It is projected that under the AfCFTA, extreme poverty will significantly decline across the continent COMMENT | ZION ADEOYE | Established in 2018, the African Continental Free Trade Area (AfCFTA) represents perhaps Africa’s biggest opportunity for the next few decades in its battle against poverty of all forms; energy and …

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