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Energy transition-a new path to power in Africa

Energy transition-a new path to power in Africa

Business, Economy, Energy
Africa currently sits on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovations are delivering increasingly decentralised power to the people of the continent in new ways. A recent White Paper released by global management consultancy company Kearney outlines the overarching strategic considerations for African utilities to forge a path to sustainability amidst the backdrop of this global paradigm shift. Entitled A New Energy Path to Viability for African Utilities, the paper unpacks the broader macroeconomic trends that are shaping the transition.  Kearney partner Igor Hulak explains the dual mandate shouldered by energy utilities in Africa, who play an integral role on the continent. “Availability of power is e...
Ethiopian Airlines Offers Exclusive Discount for Delegates going to African Energy Week in Cape Town in November 2021

Ethiopian Airlines Offers Exclusive Discount for Delegates going to African Energy Week in Cape Town in November 2021

Aviation, Business, Corporate Stories, Energy
Ethiopian Airlines, Africa’s leading commercial airline and Ethiopia’s flag carrier, has partnered with African Energy Week (AEW) 2021 for its highly anticipated conference in Cape Town on the 9th-12th of November. By offering discounts for passengers travelling to AEW 2021 in November, Ethiopian Airlines will not only provide world-class transportation for regional and international delegates, but reaffirms the airline’s commitment to African destinations in the wake of the COVID-19 pandemic. Under the terms of the partnership, Ethiopian Airlines will offer a 12% discount on both business and economy class fares. The discount can be attained by using the exclusive discount code – available at https://aew2021.com/travel/ – when purchasing flight tickets through the airlin...
Senegal: Boosting the role of Women in the Energy Sector (By Miguel Artacho)

Senegal: Boosting the role of Women in the Energy Sector (By Miguel Artacho)

Business, Energy, Innovation
Energy poverty is one of the single largest challenges preventing faster economic development throughout sub-Saharan Africa. In rural areas it is particularly crucial that women have adequate access to energy, given their crucial role leading families and the stewardship of the household´s economy. The Government of Senegal has made energy sector development a key component of the Plan Sénégal Emergent (https://bit.ly/3ukEBoW), which aims to modernize the country´s economy and achieve a wide number of ambitious socio-economic development objectives, as well as ensuring greater gender equality. Priorities include lowering the cost of energy by reducing dependence on imported liquid fuels and increasing electricity access-particularly in rural areas. Senegal has significant potential...
Energy Capital & Power, Libya-Analysis LLC Partner for Libya Energy & Economic Summit 2021

Energy Capital & Power, Libya-Analysis LLC Partner for Libya Energy & Economic Summit 2021

Corporate Stories, Economy, Energy
Energy Capital & Power has signed a strategic partnership with consulting firm Libya-Analysis LLC ahead of the upcoming Libya Energy & Economic Summit 2021 (22-23 November, Tripoli); Libya-Analysis LLC produces analysis, forecasting and research on the North African oil producer, providing targeted advisory services and real-time insights into the complex dynamics shaping the market; the Libya Energy & Economic Summit 2021 will serve as the first major energy conference to be held in Tripoli in a decade, uniting local and foreign investors, policymakers and financiers. Energy Capital & Power (ECP) is proud to announce its strategic partnership with consulting company Libya-Analysis LLC ahead of the first-ever Libya Energy & Economic Summit 2021 (22-23 November, ...
The Gambian Ministry of Petroleum and Gambia National Petroleum Company to Participate in MSGBC 2021 Oil, Gas & Power Conference

The Gambian Ministry of Petroleum and Gambia National Petroleum Company to Participate in MSGBC 2021 Oil, Gas & Power Conference

Business, Corporate Stories, Economy, Energy, Oil & Gas
The Gambia’s Ministry of Petroleum and Energy, together with Gambia National Petroleum Company, have been confirmed as strategic government partners for the upcoming MSGBC Oil, Gas & Power 2021 Conference and Exhibition; Delegations from the Ministry of Petroleum and Energy and Gambia National Petroleum Company have confirmed that they will speak at the event; Organized by Energy Capital & Power (www.EnergyCapitalPower.com), MSGBC Oil, Gas & Power 2021 Conference and Exhibition will take place in Dakar on 2-3 December, 2021. The Ministry of Petroleum and Energy, Gambia and the Gambia National Petroleum Company (GNPC) have been confirmed as strategic government partners and speakers for the upcoming MSGBC Oil, Gas & Power 2021 Conference and Exhibition, organize...
OPEC Secretary General Says Africa Needs to Combat Energy Poverty As a Priority

OPEC Secretary General Says Africa Needs to Combat Energy Poverty As a Priority

Corporate Stories, Economy, Energy, Oil & Gas
H.E. Mohammed Barkindo, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) has urged African oil-producing countries to continue developing their energy sector activities and reassured that OPEC will continue to serve as a viable partner and “assist [them] in whatever way possible.” OPEC categorially rejects the narrative that the energy transition is from hydrocarbons to renewables Speaking during a meeting at the Republic of the Congo’s National Oil Company, Société nationale des pétroles du Congo (SNPC), as part of a historic three day OPEC and African Energy Chamber delegation to the country on Monday, he highlighted the role of oil and gas in the development of Africa’s energy industry, as well as global energy security. H.E. Barkindo further...
IAGC President Nikki Martins Places Geophysical Technology at the Center of the Global Energy Industry, Confirms as Keynote Speaker at African Energy Week in Cape Town

IAGC President Nikki Martins Places Geophysical Technology at the Center of the Global Energy Industry, Confirms as Keynote Speaker at African Energy Week in Cape Town

Business, Corporate Stories, Energy
Emphasizing the value of geophysical operations in ensuring predictability, enhancing efficiency, and driving investment, Nikki Martins will open a critical discussion on industry alignment and partnerships at African Energy Week in Cape Town. African Energy Week (AEW) 2021 in Cape Town is dedicated to enhancing international-Africa relations in a bid to dramatically boost knowledge-sharing, multilateral partnerships, and accelerated industry growth. On the back of several other American VIP speaker confirmations, Nikki Martins, President of the International Association of Geophysical Contractors (IAGC), has been confirmed as a keynote speaker at AEW 2021 in Cape Town. Providing an opening address at AEW 2021, Martins will emphasize the value of the geophysical and exploration industr...
African Development Bank to Emphasize African Oil, Gas and Finance in the Face of Energy Transition at African Energy Week in Cape Town

African Development Bank to Emphasize African Oil, Gas and Finance in the Face of Energy Transition at African Energy Week in Cape Town

Business, Corporate Stories, Energy, Oil & Gas
African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th of November has placed making energy poverty history by 2030 a top priority. In line with this objective, the African Energy Chamber (EnergyChamber.org) is excited to announce that Dr. Arron Tchouka Singhe, Chief Oil Sector Officer at the African Development Bank (AfDB) has been confirmed as a speaker at AEW 2021 in Cape Town. Dr. Singhe’s participation at Africa’s premier energy event will emphasize the role of multilateral financing institutions and the oil and gas industry in Africa’s energy sector, promoting critical investment that will drive Africa’s energy future in light of phasing out oil and gas production and utilization in African countries The AfDB represents the largest multilateral financing institu...
North African Oil and Gas Producers Move on Energy Transition

North African Oil and Gas Producers Move on Energy Transition

Energy, Oil & Gas
As the need for energy transformation gathers pace at a global level, North African countries are also starting to make moves. Several players active in North Africa’s oil and gas space – producing countries, independent oil companies (IOCs), service-providers and others – are already signed up for Africa Oil Week in November this year, unfazed by and supportive of the event’s temporary move to Dubai as a COVID-19 safety measure. They look forward to Africa Oil Week moving “home” to Cape Town, South Africa next year. The clean energy transition is squarely on the agenda for this year’s conference. Says Mohamed Boussaîd, Tunisia’s Minister of Industry, Energy and Mines: “We are determined to accelerate our energy transition over the next decade to achieve energy security through a...
Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

Business, Energy, Oil & Gas
The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. According to the country’s national oil company Petroguin, Guinea-Bissau authorized international businesses to begin prospecting for hydrocarbons in 11 offshore blocks where oil is likely to exist since October last year. In light of this, Energy Capital & Power will host MSGBC Oil, Gas & Power 2021, which will create a national platform for constructive dialogue on natural resource management, investment and initiatives for enhancing the productivity and sustainability of the current power matrix. Offshore construction platform for production...