UK supermajor BP will seek a partner for its giant Bumerangue deepwater oil discovery offshore Brazil, Reuters reported, citing the company’s country head. BP Brazil president Andres Guevara told an event in Rio de Janeiro on Thursday that a search for a partner at Bumerangue — described by BP in August as its largest discovery...
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African Leaders Declare End to Energy Poverty Narrative at African Energy Week
Cape Town, South Africa – The energy minister John Jinapor has addressed delegates at the 2025 African Energy Week, underscoring Africa’s determination to redefine its role in the global energy landscape. Other speakers also highlighted Africa’s historic contribution as a key supplier of energy to fuel global industrial progress, often while the continent itself remained...
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Africa Requires $100bn Renewable Energy Investment to Drive Green Industrial Growth – AfCFTA Secretary-General
The Secretary-General of the African Continental Free Trade Area (AfCFTA), H.E. Wamkele Mene, has emphasized that Africa will need an estimated $100 billion to accelerate renewable energy development and expand electricity access across the continent. Speaking at the closing session of the 2025 Africa Oil Week (AOW) in Accra on Thursday, September 18, Mr. Mene...
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Ghana Secures $1.5 Billion Oil and Gas Investment Agreement with ENI, Vitol, and GNPC
Ghana has taken a significant step to strengthen its upstream petroleum sector with the signing of a Memorandum of Intent with ENI, Vitol, and the Ghana National Petroleum Corporation (GNPC). The agreement, announced at Africa Oil Week in Accra, outlines an integrated strategic investment plan valued at $1.5 billion. The capital injection is expected to...
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Can $60 Billion Transform Nigeria’s Oil and Gas Industry?
Can $60 billion in new investments revive Nigeria’s struggling oil and gas sector? That’s the ambitious target set by the Nigerian National Petroleum Company Limited (NNPCL), which is seeking large-scale financing to boost crude production, expand gas development, and restore the country’s refining capacity. The plan is bold: raise crude oil output to 3 million...
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PHDC Urges Malaysian Investors to Tap Into Ghana’s Petroleum Hub Project
The Deputy Chief Executive Officer of Operations and Technical at the Petroleum Hub Development Corporation (PHDC), Onasis Kobby, has called on Malaysian investors to seize the opportunity to invest in Ghana’s flagship Petroleum Hub project. Speaking at the PHDC Investor Breakfast Meeting in Kuala Lumpur, Mr. Kobby described the project as “one of Africa’s most...
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9th Ghana Energy Awards: Theme and Award Categories Announced
The 9th Ghana Energy Awards (GEA) has officially opened nominations, unveiling this year’s theme: “Repositioning the Energy Sector as a Pillar of National Development.” Organisers say the theme is a call to action for stakeholders to harness Ghana’s energy potential as a driver of industrialisation, while addressing persistent challenges through innovation, reform, and collaboration. Entries...
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Namibia to finalise green hydrogen skills strategy by October
Namibia is expected to finalise a comprehensive skills development strategy for the green hydrogen sector by October, with the Namibia Green Hydrogen Programme (NGH2P) spearheading the effort.Joseph Mukendwa, Head of Policy, Planning and Strategy at NGH2P, said the plan seeks to align training programmes with the country’s emerging industrial opportunities to ensure Namibians are prepared...
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Ghana-China Media Fellowship 2025 Concludes with Strong Call for Balanced Reporting and Cross-Cultural Dialogue
The Ghana-China Media Fellowship 2025, a groundbreaking initiative designed to build the capacity of Ghanaian media professionals in understanding and reporting on Ghana-China relations, officially came to a close on Saturday, August 30, 2025. Organized by the Africa-China Centre for Policy and Advisory (ACCPA), the 12-week fellowship brought together 15 career journalists from television, radio,...
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De-risking energy projects critical to attracting investments – Deloitte Africa Infrastructure Partner
The Strategy and Transactions Partner at Deloitte Ghana and the Africa Infrastructure and Capital Projects Leader at Deloitte Africa, Yaw Appiah Lartey, has indicated that de-risking energy projects is critical to attracting investment and securing commitments from financial institutions.According to him, the path to bankability lies in blending innovation with risk mitigation, strong partnerships, and...