Africa’s Oil Giants: Key Producers Shaping the Global Energy Market
09/05/2025In the face of global energy shifts, Africa is no longer just a source of raw materials; it is becoming a driving force in the world’s energy future. With countries.
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Africa
Energy Leadership
Highlights
Green Energy vs. Oil Wealth: Africa’s Energy Crossroads
20/02/2025There are two contrasting energy paradigms that Africa currently stands at: the golden promise of renewable energy and the entrenched dominance of oil wealth. Undecided between continuing to extract black.
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Africa
Energy Leadership
Highlights
Africa’s Energy Dilemma: Can the Darkness Be Defeated?
03/02/2025Nearly 600 million people remain without electricity, despite the continent’s vast renewable energy potential. Closing this gap is no longer just an aspiration—it is an urgent necessity. Mission 300, a.
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Africa
Energy Leadership
Highlights
Africa Energy Summit 2025: Leaders Secure Over $50B for Energy Transformation
29/01/2025Thirty African heads of state and government have reaffirmed their commitment to advancing energy access across the continent, pledging to implement crucial reforms and actions aimed at providing reliable, affordable,.
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Africa
Business & Economy
Highlights
Oil, Politics, and Ceasefires: How Global Conflicts Impact Oil Prices
11/10/2024The global oil market is inextricably linked to geopolitical tensions and ceasefires, making oil prices sensitive to conflict, especially in key oil-producing regions. Ongoing tensions in the Middle East, fluctuations.
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Business & Economy
Recent Stories
OPEC Approves US$20m Loan to Liberia
12/09/2022Organization of Petroleum Exporting Countries (OPEC) Fund for International Development has approved a US$20 million loan and a US$240,000 complementary technical assistance grant to the Republic of Liberia to improve.
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Business & Economy
Recent Stories
OPEC to Fund Feasibility Study of $25bn Nigeria-Morocco Gas Pipeline
03/05/2022The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced a $14.3 million contribution to Phase II of the feasibility study for the $25 billion Nigeria-Morocco Gas Pipeline. According to.
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Business & Economy
Libyan crude oil production hit 1 million barrels per day in September
13/10/2018OPEC announced that Libya’s crude oil production exceeded 1 million barrels per day during last September. The monthly report of OPEC clarified that Libya’s production rose to more than one.
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Business & Economy
Oil price up as Trump calls OPEC to lower prices
22/09/2018Oil prices were mixed on Friday after falling in the previous session as U.S. President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this.
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Trade and Investment
Equatorial Guinea Presents Offer To Become OPEC Member In 2017
23/01/2017Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its.
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