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AFRICA ENERGY

Energy in Africa is big business. The source of vast amounts of energy resources and often times similar amounts of political turmoil, Africa is home to one billion potential consumers whose growing demand for energy is greater than anywhere else in the world.

Despite Africa's wealth of resources, growth is hampered by inaccessible, unreliable, or unaffordable energy. However, Africa has unrealized potential as a pioneer in the new global energy economy. Skyrocketing demand and relatively little legacy energy infrastructure make Africa ripe for the expansion and development of green energy like wind and solar. Historically low emissions give most African nations surprising leverage when it comes to global carbon markets, which remain a largely untapped source of capital for developing new energy projects on the continent.

What is the future of energy in Africa? Will weak governments and political turmoil undermine the potential opportunities that Africa has to develop a green energy infrastructure? Can Africa take advantage of the global shift in energy production to leapfrog aging carbon-based energy technologies as it struggles to expand electrification to its masses?


Africa Energy is part of Business Exchange, suggested by Kevin Hernandez. This topic contains 2,538 news and 117 blog items. Read updated news, blogs, and resources about Africa Energy. Find user-submitted articles and reactions on Africa Energy from like-minded professionals.

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The most active stories in this topic based on user activity.

Nigeria, others transact $270bn oil, gas deal in 2010more

Nigeria earned $196 billion from oil and gas exports in the four years through 2010.

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Rwanda Central Bank Lifts Rate 50bps to 6.50%more

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Central Bank of Nigeria Hikes Rate 50bps to 9.25%more

The Central Bank of Nigeria raised its monetary policy interest rate by 50 basis points to 9.25% from 8.75% previously.

Bank of Uganda Ups Rate 400bps to 20.00%more

The Bank of Uganda hiked its new monetary policy interest rate (the central bank rate [CBR]) by 400 basis points to 20.

Somalia: Two-well exploratory program nearsmore

Africa Oil Corp., Vancouver, BC, and Denovo Capital Corp. have formed Horn Petroleum Corp. and raised $41 million for...

Libya projects on back burnermore

Companies that hoped an end to Libya's civil war would allow projects to move ahead will have to keep waiting, says the...

Suncor pledges return to Libyamore

Producer yet to assess state of operations worth nearly $1-billion

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Libyan rebels clashed with Muammar Qaddafi’s troops in several cities and said they were 90 kilometers from the...

Fitch: Long production cut biggest MENA threat ...more

Long interruption of production represents the largest threat from political turmoil to the financial stability of oil...

Lost in the sandsmore

The effort to revive Libya’s oil industry will have global consequences

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Nigeria's NNPC to reduce its stake in Brass LNGmore

Nigeria's state-oil company NNPC said on Monday it will reduce its stake in the long-delayed Brass Liquefied Natural...

SunPower Donates Solar Training To Greenpeace Africamore

The SunPower Foundation, today announced the donation of high efficiency SunPower photovoltaic (PV) solar panels to...

IEA flags an end to Libya crisismore

The IEA has formally ended its collective action to confront the absence of Libyan crude from the market.

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Temasek Holdings Pte., Singapore’s state-owned investment company, is “fairly bullish” about mining investments and is...

Nigerian minister says country must shift away from fuel importsmore

Nigeria's minister of trade and investment said the country has the potential go from being an importer to an exporter...

Libya resumes oil productionmore

A top-ranking official of Libya’s transitional government has announced the resumption of oil production, the paying of...

Kosmos discovers light oil at Akasa offshore Ghanamore

Kosmos Energy has discovered light oil with the Akasa-1 exploration well on the West Cape Three Points Block offshore...

Guinea: Deepwater wildcat to spud in Octobermore

The Jasper Explorer drillship has departed Singapore enroute to Guinea, West Africa, where it is expected to spud a...

Local Content: Examining The Nigerian Approachmore

The latest step to be taken to improve the upstream oil industry in Nigeria was the creation of the Local Content Act.

Oil falls on Libya supply hopesmore

Traders look to possible resumption of exports as six-month civil war looks close to an end

'How Chinese thwart Olorunsogo power plant'more

Chinese contractors refused to allow Nigerian engineers to acquire the technical information needed to operate it,...

Govs Oppose Sovereign Wealth Fund, Demand Power Deregulationmore

Governors rose from their meeting Sunday night with two major decisions on the power sector and the Sovereign Wealth...

Topic Feed: Most active content in Africa Energy

Top Sources: Africa Energy

  • newera.com.na
  • Moreover Technologies - Utilities news - 30 of 15028 returned
  • ngrguardiannews.com
  • bloomberg.com
  • ft.com
  • ogj.com
  • blog.cleantechies.com
  • rigzone.com
  • platts.com
  • pennenergy.com

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