Senegal Bets Big on Africa’s Energy Bank
10/12/2025Senegal’s approval of its financial contribution to the African Energy Bank (AEB) may appear to be a routine administrative action, but in reality it comes at a pivotal moment in.
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Africa
Global Development
Highlights
Gold, Gas, and Green Energy: Africa’s Triple Play for Economic Dominance
11/08/2025In today’s shifting global economy, nations are recalibrating their strategies around resources that promise both resilience and growth. For Africa, three stand out as pillars of influence: gold, whose value.
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Business & Economy
OFID invests $50 million to support Egypt purchase gas, petroleum products
05/12/2018The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas via a mudaraba.
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Business & Economy
Eco Atlantic Oil & Gas gets environmental greenlight for offshore Namibia drilling
27/09/2018It sets Eco and partner Tullow Oil up to drill the Osprey exploration well next year, but, first the sector’s attention will be on an upcoming Chariot Oil & Gas.
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Business & Economy
‘Nigeria Lost $1.150bn of Potential Gas Income to Flaring in 2016’
18/09/2018In 2016 alone, Nigeria could not earn about $1.150 billion potential gas revenue because as much as 275 billion cubic feet (BCF) of natural gas were flared from oil fields.
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Business & Economy
Egypt signs 2 deals to explore for petroleum, gas at $1 bln investments
15/09/2018Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla signed on Saturday two deals with firms from Canada, the UK, the Netherlands, Malaysia and Kuwait to explore for petroleum and.
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ECOWAS popularizes use of liquefied petroleum gas in the region
14/08/2018The Commission of the Economic Community of West African States (ECOWAS) has moved to validate its regional strategy for the popularization of Liquefied Petroleum Gas (LPG) in West Africa with.
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Petronas acquires 30% equity in Senegal oil, gas block
13/08/2018Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal’s Rufisque Offshore Profond block, its first project in the West African.
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