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The minister further added that the government has earmarked MAD 23 billion ($2.3 billion) for the sector in the 2023-2027 period. The budget is dedicated to achieving optimal integration of renewable energies and ensuring a reliable electricity supply to various entities.
Africa's biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products.
Egypt's agriculture exports achieved an increase of $239.2 million during the period from January to October 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
The New and Renewable Energy Authority (NREA), Egyptian Electricity Holding Company (EEHC), and China Electric Power Equipment and Technology (CET) have entered into a new collaboration by signing a memorandum of understanding (MoU) to initiate preliminary studies and measurement...
Ghana Cocoa Board (COCOBOD) has signed an $800 million syndicated loan with a consortium of banks. It therefore expects to draw down the first $600 million as soon as this week, Deputy Chief Executive Officer, Ray Ankrah has said.
Adnoc has signed a 15-year agreement with ENN LNG, the Singapore subsidiary of China’s ENN Natural Gas, for the delivery of at least a million metric tonnes a year of liquefied natural gas.
The marketing of Nigerien crude oil on the international market will begin in January, announced General Abdourahamane Tiani, head of the military regime which has ruled this state under regional sanctions since a coup in July.
A mega-refinery built in Nigeria by billionaire Aliko Dangote has received its first barrels of crude oil, an "important milestone" in a project that has been plagued by delays and aims to fully meet the country's fuel needs, the company announced on Saturday.
Ghana is ranked 5th in Africa with the highest offshore oil rig demand, according to the 2024 State of African Energy by the African Energy Chamber.The country overtook Libya which now is 8th on the continent。