Energy, Oil & Gas

Africa’s gas demand rises 60pc by 2050, FLNG offers solution

Floating liquefied natural gas (FLNG) is rapidly emerging as a cornerstone of Africa’s gas development strategy, as the continent prepares for a sharp rise in demand and seeks faster, more resilient pathways to market. According to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook, Africa’s natural gas demand is projected to increase by 60 per cent by 2050, underscoring the urgency of bringing new supply online efficiently and at scale....

Energy, Oil & Gas

Africa’s gas future depends on infrastructure

Global LNG supply is set to surge by 2030, creating potential oversupply. Africa’s gas demand grows, but infrastructure limits domestic use, keeping exports dominant. Strengthening pipelines, storage, and regional networks is key to capturing local value and reducing market risks....

Energy, Oil & Gas

African Mining Week will bring together top firms, investors

The 2026 edition of African Mining Week (AMW) – officially launched last week – will bring together global mining companies, investors, policymakers and industry stakeholders to explore emerging opportunities across Africa’s minerals sector. ...

Energy, Oil & Gas

Opec Fund to co-finance up to $2bn to accelerate development across Africa

The Opec Fund for International Development (Opec Fund) has announced up to $2 billion in co-financing with the African Development Fund (ADF) for the period 2026–2030, reaffirming its long-standing commitment to Africa and to concessional financing for the continent’s most vulnerable countries....

Energy, Oil & Gas

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa. ...

Energy, Oil & Gas

Africa needs $375bn to develop natural gas sector: SPE

Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organisation the Society of Petroleum Engineers (SPE)....

Energy, Oil & Gas

Africa’s demand for refined products to surge into 2050

Africa is entering a pivotal phase in global energy dynamics, with refined product demand expected to rise from 4 million bbl/d in 2024 to over 6 million bbl/d by 2050, according to the African Energy Chamber’s 2026 Outlook Report....

Energy, Oil & Gas

Over 100 energy stakeholders gather to act on methane pledges in Africa

The International Energy Agency (IEA) convened a regional workshop in Abuja, Nigeria, focused on translating commitments to reduce methane emissions into concrete action. Co-hosted with Nigeria’s Ministry of Petroleum Resources and the African Energy Commission (AFREC), the workshop explored regional opportunities and challenges, while sharing international best practices and cost-effective solutions....

Energy, Oil & Gas

Africa secures $57m for a just energy transition, Mission 300

The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA), a multi-donor special fund managed by the Bank Group, has secured new investment commitments totalling nearly €50 million ($57 million) , to strengthen the rollout of Mission 300 and accelerate climate action across Africa’s power sector....

Energy, Oil & Gas

UK expertise could unlock Africa’s next energy boom, low-carbon growth

The role of UK technical and service collaboration in Africa’s energy future was underscored at the Wider African Energy Summit (WAES) in Aberdeen, where operators and industry leaders emphasised the strategic value of North Sea engineering, offshore delivery experience and workforce training for Africa’s next phase of growth....

Energy, Oil & Gas

G20 Investment Forum to spotlight Africa’s energy projects

Ahead of the G20 Summit, the G20 African Energy Investment Forum, hosted by the African Energy Chamber (AEC), will convene top global and African energy and finance leaders to discuss how investment, innovation and partnerships can unlock Africa’s energy potential and drive sustainable economic growth....

Energy, Oil & Gas

Lack of capital limits electricity access for 600m Africans

Insufficient capital is a key obstacle to expanding electricity access for the roughly 600 million people in Africa who currently live without it, according to a new International Energy Agency (IEA) report that outlines essential tools to unlock greater investment and eliminate the access gap....