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....
Category: Energy
Post
Post
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...
Post
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...
Post
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,...
Post
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...
Post
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...
Post
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,...
Post
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...
Post
FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition
The Country Manager for Ghana’s chapter of the Natural Resource Governance Institute (NRGI), Dennis Gyeyir, has cautioned that Africa’s energy transition agenda is under threat, with nearly half of the projected 2025 investment flows into the continent’s energy sector expected to be channelled into fossil fuels. Making a presentation at the 2025 Future of Energy...
Post
Ghana Cuts $300m in IPP Debt After Tough Renegotiations
Ghana has secured a $300 million debt reduction after renegotiating payment terms with Independent Power Producers (IPPs), easing one of the biggest financial pressures on the country’s power sector. The deal trims outstanding obligations from $1.5 billion to $1.2 billion, according to Ben Boakye, Executive Director of the Africa Centre for Energy Policy (ACEP), who...