Energy Capital & Power

The Republic of Congo (RoC) is making strides in renewable energy, with planned construction of its largest hydroelectric dam at Sounda to begin in January 2025. This $9.4 billion project, financed and led by China Overseas, is poised to generate 600-800 MW, marking a crucial step in the country’s energy transformation. Full Story: https://lnkd.in/dsq6A6U6 Français: https://lnkd.in/dUbCkNGp As the largest renewable energy venture in Congo’s history, the Sounda Dam will bolster energy security and catalyze further investment in the country’s sustainable energy sector, fostering associated infrastructure development. RoC is home to significant solar and biomass resources, which it aims to achieve a 50% electricity access rate in urban and rural areas alike by 2030. With the oil sector contributing over half of GDP, diversification is a top priority on the Republic of Congo’s (RoC) national agenda. The very first Congo Energy & Investment Forum, set for March 26-27, 2025 in Brazzaville, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest renewable energy projects and provide updates on ongoing expansions across the country. ➡️Find out more about the Congo Energy & Investment Forum and be a part of shaping the future of Congo's energy landscape https://shorturl.at/rVrCF #CEIF2025 #SustainableEnergy #EnergyInvestment #InvestInCongo #Congo #CongoInvestment #CongoEnergy #AfricanEnergy #AfricaInvestment #OilandGas

South Africa’s Department of Mineral Resources and Energy (DMRE) has published a draft Petroleum Products Bill with aims to streamline the licensing and appeals process in the country’s petroleum industry. 👉 Read More: https://lnkd.in/dn2cw2TS The draft bill aims to repeal and replace the Petroleum Products Act of 1977, focused toward regulating the downstream petroleum industry and improving compliance and enforcement by increasing the powers of controllers and inspectors in the sector. The draft bill proposes the establishment of a state oil company in South Africa. The state oil company will be a consolidation of the state-owned agencies PetroSA, the Strategic Fuel Fund Association and iGas 🗞️Subscribe to ECP newsletter to stay updated about current energy projects and investment opportunities, visit: https://lnkd.in/d8CZtx9j #ECPNews #AfricanEnergy #InvestinAfrica #Angola #OilandGas #Petroleum #Downstream #SouthAfrica

South African utility Eskom Holdings SOC Ltd and development agency Infrastructure South Africa (ISA) signed a memorandum of understanding (MoU) to boost investment and accelerate infrastructure development across the country. Gain insight: https://lnkd.in/gnxtGprP The agreement aims to advance the targets of the country’s National Development Plan (NDP) 2030 - a strategy to reduce poverty and stimulate economic growth. 🗞️Enhance your African knowledge. Join the ECP newsletter to gain more insight into the African energy industry, visit: https://lnkd.in/d8CZtx9j #ECPNews #AfricanEnergy #InvestinAfrica #Economy #Infrastructure #Electricity #SouthAfrica

Sequa Petroleum N.V., a U.K. oil and gas company, has received government approval to acquire a 10% stake in Angola’s offshore Block 15/06, as well as 40% and 35% interests in Block 23 and Block 27, respectively. Read Further: https://lnkd.in/dakBE8J5 Block 15/06, a major deep-water offshore field, currently produces around 100,000 barrels of oil per day, with production projected to exceed 200,000 barrels per day within two years. 🗞️Subscribe to ECP newsletter to stay updated about current energy projects and investment opportunities, visit: https://lnkd.in/d8CZtx9j #ECPNews #AfricanEnergy #InvestinAfrica #Angola #OilandGas #Deepwater

Upcoming energy projects in Africa worth over $800 billion have overflowed with investment opportunities! The Invest in African Energy (IAE) Forum exposes you to these opportunities, representing an exclusive platform to foster collaboration between European investors and African energy markets and showcase Africa’s dynamic energy and infrastructure projects, promoting diversified energy investment in Africa’s energy sector. Thousands of new opportunities will be at your fingertips, such as exploring investment possibilities, building strategic partnerships with industry leaders, and driving impactful collaborations with Africa’s thriving energy industry. Join us at IAE 2025, taking place from 13-14 May in Paris, under the theme “Pioneering Africa's Energy Boom: Strategic Investment for Maximum Returns” and play a role in shaping Africa’s energy future. 🔖 Book your Delegate Pass for IAE 2025 NOW: https://lnkd.in/dCJ8Ejvh 🔖 Become a Sponsor or Exhibitor, visit: https://hubs.la/Q02PPZwg0 #IAE2025 #InvestinAfrica #AfricanEnergy #Energy #Investment #Partnership #Infrastructure #Collaboration African Energy Chamber

Energy majors Eni and bp have resumed onshore exploration activities in Libya. Learn More: https://lnkd.in/d5FJtABR Announced by Libya’s National Oil company, Eni and its project partners – bp and the Libyan investment authority – plan to drill approximately 10,327 feet to assess multiple geological oil and gas formations. Gain more knowledge on African investments & Subscribe to the ECP newsletter, visit: https://lnkd.in/d8CZtx9j  #ECPNews #AfricanEnergy #InvestinAfrica #OilandGas #Exploration #Drilling

In line with its commitment to universal internet access and digital transformation, the RoC is set to launch a digital skills incubator by the end of 2024. Developed in partnership with The World Bank, this initiative will provide young people with free high-speed internet access and comprehensive training opportunities. The Congo’s energy sector has also become a catalyst for fostering tech innovation. French major TotalEnergies launched its own incubator in 2019, supporting seven digital startups that integrate energy and technology. Projects like AndrewTek, which focuses on energy optimization in buildings, and GAZTECH, offering smart metering for LPG access, highlight the potential to support energy sector growth through digitalization. 👉 Learn more: http://surl.li/frmybw 👉 Français: http://surl.li/hrvyxw The country’s Ministry of Posts, Telecommunications and the Digital Economy has played a pivotal role, streamlining licensing processes for operators to establish and operate advanced mobile networks. The initiative is part of the country’s broader national strategy to enhance its digital infrastructure and drive innovation, entrepreneurship and diversified economic growth. Find out more about the Congo Energy & Investment Forum and be a part of shaping the future of Congo's energy landscape https://lnkd.in/dPR8kW3R #CEIF2025 #SustainableEnergy #EnergyInvestment #InvestInCongo #Congo #CongoInvestment #CongoEnergy #AfricanEnergy #AfricaInvestment #Oil

The African Development Fund (ADF) has approved a $14.15-million loan to Guinea-Conakry aimed at strengthening the country's institutional capacity for industrial development and enhancing the resilience of small and medium-sized enterprises (SMEs). Read More: https://lnkd.in/d5dsmcvM The funding will support a development program designed to improve the quality of public services available to SMEs, as well as a growth and resilience support initiative tailored to their needs. The MSGBC Oil, Gas & Power conference & exhibition, taking place on 3-4 December 2024 in Dakar, offers meaningful debates and discussions about programmes, projects, and investment opportunities happening within the energy sector of the MSGBC region. 👉Learn more about the event, visit: https://lnkd.in/dEhw9wBU #MSGBC2025 #InvestinAfrica #AfricanEnergy #GuineaConakry #Development #Resilience

Unlocking hydropower potential in the Republic of Congo, hydropower accounts for 22.5% of RoC's total installed renewable electricity capacity, yet the country has a total estimated hydropower potential of 22,000 MW, of which only 3% is currently harnessed. To date, three dams are operational: the 120 MW Imboulou, 74 MW Moukoukoulou and 19 MW Liouesso. In addition to the Sounda hydropower project, RoC awarded China Gezhouba Group Co., Ltd. International Engineering, the contract for the 600 MW Chollet hydroelectric project on the Dja River in 2021, with environmental and financial studies underway. Hydropower projects including the 150 MW Murala, 150 MW Kouembali and 50 MW Loufoulakari plants are also in development. 👉 Full Article: http://surl.li/tilgtg 👉 Français: http://surl.li/ducsrw Beyond its hydropower potential, the RoC benefits from an average solar radiation level of 4.5 kWh per m² per day, and plans to prioritize solar energy in the future. In June 2024, UAE renewable energy company AMEA Power signed a Memorandum of Understanding with the Congolese government to develop a 100 MW solar photovoltaic (PV) project, representing the first large-scale solar PV project in the country and paving the way for future developments. Find out more about the Congo Energy & Investment Forum and be a part of shaping the future of Congo's energy landscape https://lnkd.in/dPR8kW3R #CEIF2025 #SustainableEnergy #EnergyInvestment #InvestInCongo #Congo #CongoInvestment #CongoEnergy #AfricanEnergy #AfricaInvestment #Oil

The Economic Community of West African States (ECOWAS Bank for Investment and Development (EBID), has validated the Host Government Agreement (HGA) for the African Atlantic Gas Pipeline (AAGP) project. Explore Further: https://lnkd.in/dev7sDt9 The HGA, supplementing the existing Intergovernmental Agreement (IGA), establishes the framework between host states and the project company. The agreement paves the way for the construction of the 7,000-km pipeline, aiming to connect Nigeria to Morocco, delivering natural gas to all ECOWAS member states and Mauritania, with plans to eventually extend into Europe. 🗞️Enhance your African knowledge. Join the ECP newsletter to gain more insight into the African energy industry, visit: https://lnkd.in/d8CZtx9j #ECPNews #AfricanEnergy #InvestinAfrica #Algeria #Hydrocarbon #OilandGas