Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to tap into…
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US supports for African energy independence
The U.S. Secretary of Energy Chris Wright delivered a decisive message at the Powering Africa Summit in Washington, D.C., affirming…
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UK looks to deepen energy trade, investment with Africa
Trade relations between the UK and Africa are gaining momentum. Last month, UK Minister for Trade Policy and Economic Security…
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Oranto Petroleum extends oil exploration in Uganda
Oranto Petroleum, a Nigerian independent energy company founded by Prince Arthur Eze has, on 22 December 2023, been granted a…
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Report suggests $13.5 trillion investments for carbon-neutral future
Transitioning to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the…
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Husk secures $43 million for Africa, Asia energy projects
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has secured a…
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Mali invites Russian businesses
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure invited Russian…
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Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks to strengthen…
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Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr, up 26…
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Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12 years, even…
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Angola’s plan to improve oil industry yielding fruit
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude yields peaked…
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FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia, a country…
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