During a state visit to Brasilía this week, Nigerian President Bola Tinubu focused on deepening economic cooperation and unlocking strategic partnerships, and welcomed Petrobras’s planned re-entry into the Nigerian market. The two countries signed five Memoranda of Understanding covering trade, energy, aviation, science and finance, signaling a shift from symbolic ties to practical, high-impact collaboration....
Month: August 2025
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Petrobras to re-enter Nigeria five years after halting JV operations
During a state visit to Brasilía this week, Nigerian President Bola Tinubu focused on deepening economic cooperation and unlocking strategic partnerships, and welcomed Petrobras’s planned re-entry into the Nigerian market. The two countries signed five Memoranda of Understanding covering trade, energy, aviation, science and finance, signaling a shift from symbolic ties to practical, high-impact collaboration....
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Fuel Stations Poised to Become EV Battery Hubs – Jinapor
Ghana’s Minister for Energy and Green Transition, John Jinapor, has hinted that traditional fuel stations could soon evolve into electric vehicle (EV) battery swap hubs as part of the global shift towards clean mobility. Speaking at the Future of Energy Conference, Jinapor said advances in battery technology are making EV batteries smaller, more efficient, and...
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Cameroon Awards $312m Gas Power Plant Project to Sunon Asogli Power
Cameroon has awarded a $312 million contract to Sunon Asogli Power (Ghana) Ltd, in partnership with China Energy Engineering Corporation Ltd, for the construction of the Limbe Combined-Cycle Gas-Fired Power Plant in the country’s southwest region. The announcement, made on August 20, 2025, marks the end of more than a decade of negotiations after earlier...
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Vivo Energy Ghana Explores Stronger Business Ties with South Africa
Vivo Energy Ghana is deepening its stakeholder engagement efforts as part of a strategy to drive sustainable growth in the petroleum downstream sector. The company’s Managing Director, Christian Li, recently held talks with South Africa’s Acting High Commissioner to Ghana, H.E. Thando Dalamba, and the Managing Director of the Ghana South Africa Business Chamber, Grant...
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Turning Clean Energy Ideas Into Bankable Projects in Africa
At this year’s Future of Energy Conference (FEC 2025), Yaw Appiah Lartey, Head of Infrastructure & Capital Projects at Deloitte Africa, stressed that innovative clean energy ideas alone are not enough to drive Africa’s energy transition. He noted that even in the continent’s high-risk markets, projects can attract significant investment when they are well-structured, de-risked,...
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CBOD CEO Stresses Balanced Energy Transition at Sustainability Leadership Conference
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Dr. Ofori, has called for a pragmatic approach to Africa’s energy transition, stressing the need to balance sustainability goals with energy access and affordability Speaking at the 2nd Energy Sustainability Leadership Conference 2025, held under the theme “The Role of Oil and Gas...
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Saudi Arabia and India Top the List of Russia’s Fuel Oil Buyers
Russia’s fuel oil shipments went mostly to Saudi Arabia and India in July as Asia and the Middle East remain the key outlets for Moscow’s fuel oil and vacuum gasoil (VGO) amid import bans and embargoes in the West. Russia’s oil products have been banned in the EU and other Western countries since 2023, so...
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Future of Energy Conference 2025: Call for Stronger Collaboration to Power Africa’s Transition
The 2025 edition of the Future of Energy Conference (FEC), organised by the Africa Centre for Energy Policy (ACEP) and partners, brought together key stakeholders to deliberate on Africa’s financing needs and strategic pathways for achieving a just energy transition. Delivering the keynote address, the Guest Speaker underscored the urgency of sincere collaboration among governments,...
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Dangote seals new deal with Japanese firm to expand into petrochemical sector
Africa’s richest man, Aliko Dangote, is extending his industrial footprint beyond oil refining into the global petrochemical sector through a new partnership with a leading Japanese firm.Aliko Dangote is expanding into the global petrochemical sector through a partnership with Mitsui Chemicals.The collaboration was announced during the Tokyo International Conference on African Development in Yokohama.Dangote aims...