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.
RHI Magnesita, a global leader in refractory products and services for the steel, cement, glass, and non-ferrous metals industries, has strengthened its operations in the Middle East, Türkiye and Africa region by setting up its regional head office in Dubai.
General Motors has announced a leadership transition in its Middle East, Africa operations with Jorge Plata taking over as the new President and Managing Director effective March 1. He succeeds Jack Uppal who moves to Canada as President and Managing Director.
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.
Etihad Airways has launched four inaugural routes to Tunis, Hanoi, Chiang Mai, and Hong Kong within three consecutive days.
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.
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.
Invictus Investment Company, a leading agro-food enterprise in the Middle East and Africa, today announced it has secured a financing package from the Mauritius Commercial Bank Limited (MCB), to scale up its agro-food operations across Africa.
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.
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.
