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African Energy Chamber

Africa’s gas sector starts building momentum

Africa’s gas sector starts building momentum The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a promising step on the long road to Africa’s just energy transition. By NJ Ayuk, Executive Chairman, African Energy Chamber The project, being jointly developed by Kinetiko Energy of Australia and the Industrial Corporation …

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Minister says Namibia’s on track to become a world class energy hub

Minister says Namibia’s on track to become a world class energy hub With its green hydrogen developments gaining traction, its massive oil and gas discoveries and ample opportunity for the development of renewable energy projects, Namibia is on track to become a major player in Africa’s energy sector.   Namibia’s green hydrogen strategy is one …

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Namibia’s energy sector one of the world’s top investment opportunities

Namibia’s energy sector one of the world’s top investment opportunities While Namibia’s oil and gas sector has enticed a strong slate of players, the country’s renewable energy sector has emerged as one of the biggest investment opportunities worldwide. Abundant solar and wind resources coupled with a conducive environment for foreign investment has seen regional and …

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Africa a priority for Algeria says Energy Minister

Africa a priority for Algeria says Energy Minister  Algeria is committed to play a larger role in Africa’s growing energy sector. According to Mohamed Arkab, the Algerian Minister of Energy and Mines the country aims to expand its influence and to make significant investments across Africa. During the African Energy Chamber’s (AEC) recent working visit …

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Strategic plan aims to revive Libya’s oil and gas outlook

Strategic plan aims to revive Libya’s oil and gas outlook   To increase confidence in Libya’s oil and gas sector now that production has stabilised, the country’s National Oil Company (NOC) has created a strategic plan to be carried out by what it calls the Strategic Programs Office. By NJ Ayuk Executive Chairman, African Energy …

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Algeria: a top African energy producer

Algeria: a top African energy producer  When Europe began searching for alternatives to Russian oil and gas following that country’s invasion of Ukraine, one of the producing countries they focused on was Algeria. By NJ Ayuk The decision made strategic sense from both a supply and access standpoint. Algeria is the world’s tenth largest global …

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Africa’s energy landscape offers significant investment opportunities

Africa’s energy landscape offers significant investment opportunities    Africa’s overall renewable capacity is projected to increase from about 27.4 GW in 2023 to 280 GW in 2035, showcasing significant opportunities for investors and project developers alike. According to the African Energy Chamber’s The State of African Energy Q1 2023 Outlook Report, Africa’s current announced renewable …

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Congo lays foundation to become major LNG exporter

Congo lays foundation to become major LNG exporter  In a significant development for the Republic of Congo’s energy sector, President Denis Sassou Nguesso, and Claudio Descalzi, CEO of global energy major Eni lay the foundation stone for the Congo Liquefied Natural Gas (LNG) project last week.    The initiative represents the country’s inaugural venture into …

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Gas power boost for Gabon’s electrification plans

Gas power boost for Gabon’s electrification plans A recently signed Memorandum of Understanding (MoU) between Perenco and the Gabon Power Company lays the foundation for a new gas-fired power plant that will help electrify the country and compliment the government’s broader plans to utilise its abundant but overlooked gas resources. Demonstrating the significant role natural …

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Africa needs to embrace carbon trading

Africa needs to embrace carbon trading The climate projects that benefit from this system range from reforestation and forest conservation to renewable energy and carbon-storing agricultural practices By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) One of the most promising outcomes of the COP27 climate conference last November was the launch of the African …

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Perenco’s FID a step forward to achieve fuel security in West Africa

Perenco’s FID a step forward to achieve fuel security in West Africa   Independent oil and gas company, Perenco, has taken a final investment decision for a 700,000-ton Liquefied Natural Gas facility in Gabon, signalling new opportunities for fuel security in Africa. Following a series of industry achievements (https://apo-opa.info/31Gro9Q) by Perenco in the last year, …

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Namibia at the forefront of Africa’s energy boom

Namibia at the forefront of Africa’s energy boom  With an integrated hydrocarbon and renewable energy strategy combined with promising oil and gas discoveries, Namibia is at the forefront of Africa’s energy boom.      Namibia showcased investment opportunities in the development of its Kudu gas field, the exploration of the highly prospective Orange Basin and developing …

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New milestone for gas project in Mauritania and Senegal

New milestone for gas project in Mauritania and Senegal    Global energy major, BP, and project partner Technip Energies have reached a new milestone regarding the development of the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project located offshore Mauritania and Senegal. This week, the project partners announced that the floating production storage and …

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Angola’s Lourenço pleads for just energy transition

Angola’s Lourenço pleads for just energy transition Calls on African countries to transition to renewable energy and cease oil and gas activities are getting louder. What these voices fail to acknowledge, however, is that there is a smarter and safer way to transition to green energy that won’t put Africans in jeopardy. Article first published …

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Blanket ban of hydrocarbons will be detrimental to Africa says Lima

Blanket ban of hydrocarbons will be detrimental  to Africa says Lima The message on the first day of the Africa Energy Week 2021, held in Cape Town, South Africa, and organised by the African Energy Chamber, was loud and clear: a blanket ban of hydrocarbons will be detrimental to African countries that rely on oil …

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Africa’s oil and gas industry in precarious position

Africa’s oil and gas industry in precarious position As we approach the end of 2021 and COP26, the African oil and gas industry is in a precarious position, writes NJ Ayuk, Chairman, African Energy Chamber.    As if the economic devastation of the pandemic weren’t enough, African countries are also faced with increasing pressure to …

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African Energy Chamber’s report predicts recovery in 2022

African Energy Chamber’s report predicts recovery in 2022 A year of recovery is predicted in the African Energy Chamber’s State of African Energy 2022 report which will be released next week. The report is the result of strong regional and international cooperation between the African Energy Chamber, governments, and other major public and private sector …

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West African Gas Pipeline a model for Intra-African trade

The West African Gas Pipeline (WAGP) is a good model for Intra-African trade that could be adopted by other emerging natural gas regions across Africa.   The WAGP comprises a 681km natural gas pipeline and is the first regional natural gas transmission system in sub-Saharan Africa, linking Nigeria’s gas-rich region of the Niger Delta to …

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Ghana proves gas can address energy poverty

31 July 2021 – Through gas directed investment and business friendly policies, Ghana has proven that gas can address energy poverty and expand power accessibility on a regional basis. As one of Africa’s leading natural gas producers, Ghana has demonstrated how, through gas directed investment and the right policy, the resource can address energy poverty …

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Zimbabwe on a drive to entice investors and boost energy security

23 July 2021 – Zimbabwe is on a drive to entice investors and boost the country’s energy security. This is according to African Energy Chamber Executive Chairman NJ Ayuk, who met Zimbabwean President Emmerson Mnangagwa this week. According to Ayuk, Zimbabwe is on a drive to attract new investors and projects to increase installed power …

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Equatorial Guinea on the way to become a regional energy hub

Equatorial Guinea to showcase investment opportunities at African Energy Week 2021 17 July 2021 – The African Energy Chamber (AEC) has announced that Equatorial Guinea will showcase investment opportunities at AEC’s African Energy Week (AEW), planned to take place in Cape Town from 9 to 12 November 2021. Equatorial Guinea is well on its way …

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U.S. companies to play a significant role in Africa’s lower carbon future.

13 May 2021– U.S. companies stand to play a significant role in the road to a lower-carbon future in the continent, and to continue leading some of the most important markets in the energy industry. Following the American president Joe Biden’s Interim National Security Strategic Guidance signaling for continued growth in partnerships with African economies, …

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Energy sector will drive Africa, Ayuk tells WhyAfrica.

By L.M. Louw for WhyAfrica  02 April 2021 – In an exclusive and fascinating discussion, NJ Ayuk, Chairman of the African Energy Chamber, tells WhyAfrica that the energy sector will drive growth in Africa and that demand for electricity in Africa presents mouth-watering opportunities for investors. Following is the full interview with Ayuk.    NJ, despite …

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African Energy Outlook 2021 now available

12 November 2020 – The African Energy Chamber has released its fantastic African Energy Outlook 2021 report. The full report can be downloaded from the WhyAfrica library at (https://www.whyafrica.co.za/library/) The African Energy Outlook 2021 report explores the forces shaping the continent’s energy market after the historic shocks of 2020 and analyses the upcoming recovery on …

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