The Liberia Electricity Corporation (LEC) has completed a day-long technical assessment in Gedehtarbo and surrounding communities, marking a significant step toward expanding electricity access in southeastern Liberia.The assessment brought together LEC officials, local leaders, and residents from several towns across the Gedehtarbo area. Situated on the outskirts of Pleebo, the community has long faced challenges...
Day: April 24, 2026
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Kenya and Uganda Align Oil Assets to Build Regional Refining Capacity
Kenya plans to invest in Uganda’s Hoima refinery. The deal deepens energy ties between the two countries and across East Africa. President William Ruto said on April 23 in Nairobi that Kenya will invest in Uganda’s planned Hoima refinery, framing the move as a reciprocal step after Uganda took a stake in Kenya Pipeline Company...
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ZEN Petroleum begins trading on GSE, raises GH¢640m
ZEN Petroleum Holdings PLC has officially began trading on the Ghana Stock Exchange (GSE), marking a major milestone in Ghana’s capital market and the company’s growth trajectory.The indigenous downstream petroleum firm listed 640 million ordinary shares on the Exchange, following what is being described as one of the most significant capital raises in recent years....
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Strait of Hormuz Traffic Grinds to a Halt Again as Iran Fires on Passing Ships
. Traffic via the Strait of Hormuz has been paralyzed again, with Bloomberg reporting there was only one vessel attempting to exit the strait and none trying to enter. The lonely vessel was a bulk carrier.The freeze followed Iran’s late Wednesday firing on three vessels traversing the strait, saying that the ceasefire it had agreed...
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Africa Needs Two More Dangote-Scale Refineries to Meet Future Fuel Demand – AFC Report
Africa will require at least two additional refineries the size of Dangote Refinery to meet rising fuel demand and reduce dependence on imported refined petroleum products, according to the Africa Finance Corporation (AFC). The projection was contained in the 2026 State of Africa’s Infrastructure Report (SAIR), unveiled at the Africa We Build Summit in Nairobi,...
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Ghana Needs Rebalanced Risk Across Upstream Investment Framework, Not Lower Royalties – Joshua Narh
Joshua Batsa Narh, the Executive Chairman of the Energy Chamber Ghana and a Director at Wingfield Group, has asserted that Ghana’s upstream petroleum sector requires a strategic overhaul of its risk management and contracting architecture rather than a primary reliance on lowering royalty rates to attract investment as recommended in PIAC’s 2025 report. The expert’s...
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Africa’s Energy Wealth: Why good governance must power a just transition
By Sola ADEBAWO Africa’s energy challenge is not a shortage of resources. It is a shortage of governance that works. The continent holds some of the world’s richest solar potential, vast wind corridors, major gas reserves, hydropower capacity, and critical minerals. Yet Africa still consumes less electricity per capita than in almost any other region....
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Ghana to Lose 30m Barrels Annually by 2030 If Current oil Decline Persists – Energy Chamber Warns
Executive Chairman of the Energy Chamber Ghana, Mr. Joshua Batsa Narh, has issued warned that the nation’s energy sector faces a critical structural turning point that could see annual crude oil production plummet to below 30 million barrels by 2030 if present decline trends remain unaddressed. This projected downturn, highlighted by Energy Chamber chair in...