Category: African Energy Chamber

The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding

The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020, its best year in spite of challenging Covid-19 conditions, according to its recently released 2020 Annual Report. SEFA, managed by the African Development Bank, focuses on green baseload, green mini-grid, and energy efficiency investments. The Fund, founded in 2011, transformed into a Special Fund on 31 October 2019. The report, titled Building Foundations for Success, also details the Fund’s success in attracting increased donor […]

Read more

German Chancellor Merkel Africa Envoy to drive green hydrogen, Energy Transition at African Energy Week 2021 in Cape Town

The African Energy Chamber (www.EnergyChamber.org) is proud to announce that H.E. Gϋnter Nooke, personal representative of the German Chancellor for Africa, will be attending and participating at African Energy Week (AEW) 2021. Representing a prominent figure in Germany-Africa relations, Nooke’s attendance is expected to drive a discussion around Africa’s green hydrogen potential and emerging projects, the move towards a continent-wide energy transition and the value of international energy partnerships.   According to a Focus on Hydrogen report by Clifford Chance, […]

Read more

Senegal Commits to African Energy Week 2021

photo Senegal7

Confirmed attendance by the Ministry of Petroleum and Energy, Petrosen and COS-Petrogaz reaffirm regional cooperation and partnerships A strong delegation of industry leaders from Senegal have committed to the African Energy Chamber’s (AEC) (www.EnergyChamber.org) first-ever African Energy Week (AEW) 2021, to be held in Cape Town on the 9th-12th November 2021. With official attendance confirmations made by H.E. Aissatou Sophie Gladima, Minister of Petroleum and Energy, Senegal’s national oil company, Petrosen, and the strategic organizational committee COS-Petrogaz, AEW 2021 is […]

Read more

We need to treat Africa’s oil and gas industry as a brand of leadership

The African Oil Industry is at a cross roads and going into COP26, we need to have an African Agenda on energy transition and energy poverty Following Africa’s Oil Week announcement of moving their flagship Cape Town event to Dubai, H.E Mahaman Laouan Gaya, Former APPO SG and Former Petroleum Minister of Niger Republic has expressed his dissatisfactory views of the annual industry conference leaving the continent. He criticizes the “humiliating idea” of African Oil Week in Dubai and urges […]

Read more

Bank of Central African States and the African Energy Chamber to work together on solution for FOREX regulation for energy industry

The meeting was in response to concerns by energy companies operating in the Central African Economic and Monetary Community (CEMAC) region The African Energy Chamber (AEC) (www.EnergyChamber.org), on Monday 17 May held a meeting with the Central Bank of Central African States (BEAC) to discuss the effects of BEAC’s in December 2018 adopted FX regulations, which are due to come into effect on the 1 January 2022. The meeting was in response to concerns by energy companies operating in the […]

Read more

Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

The 14th German African Energy Forum is set to provide key market insights, trends and opportunities over the next decade The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the next decade. The 14th German […]

Read more

Panafrican Energy Services Wins Gas Lift Engineering and five Wells intervention Services Contracts for Petroci CI-11 Project

The agreement represents a prosperous future for the current evolving oil and gas landscape Panafrican Energy Services Group today announced it has signed a contract with Petroci CI-11 to provide 5 Wells intervention services in the Block CI-11. Under the contract Panafrican Energy Services Group will maximize the Block CI-11 oil and gas field asset value using gaslift, and carry out work activities starting this month. “We are pleased to be awarded this work and the opportunity to collaborate with […]

Read more

We Must Take pride in our Oil and Gas Sector and Africa – Never Ever Give Up on Africa

Corporations do need to be held accountable on where they put their dollars By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). I am just a little country boy and I don’t believe we have to be diplomatic about this stuff. I love the Oil and Gas industry and will always stand up for it even when it is unpopular to do so. I don’t care taking the heat for this industry and for the so many Africans that this […]

Read more
1 2