African oil- and gas-producing countries have been facing increasing pressure this year to abandon oil and gas activities and begin relying instead on green energy sources like wind, solar, and hydrogen to help prevent climate change. Many of these African countries are pushing back, however, and rejecting the notion that their energy transitions should follow […]
Author Archives: African Energy Chamber
In a move to promote development and end energy poverty by 2030, the African Energy Chamber has announced that it will encourage African countries to boycott companies that boycott African oil and gas. With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline […]
By African Energy Chamber We are disappointed about Total’s recent decision to declare force majeure on its Mozambique LNG Project. While the African Energy Chamber stands in solidarity with Mozambique and Total and all energy investors, we believe the declaration of force majeure could have been prevented and comes prematurely. We encourage all parties involved […]
A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth. In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced […]
As global markets think of the post-Covid-19 world and how the pandemic will reshape business models worldwide, African countries are coming to terms with a bitter reality: the continent has still not entered the Fourth Industrial Revolution and is heading towards its first recession in 25 years. While the impact of the pandemic on African […]
African News, Energy
Leading Energy Lawyer’s Latest Book Reveals How Africa’s Oil And Gas Resources Can Fuel Socio-Economic Revitalisation Throughout The Continent
Centurion Law Group Founder and CEO NJ Ayuk has been saying for years that Africa’s oil and gas resources can fuel socioeconomic revitalization throughout the continent. Now he’s writing a book that explains how it can be done. The book, “Billions at Play: The Future of African Energy”, which is due for release in October […]
Angola News, Energy, South Africa News
Angola is Next in Line for South African Energy Companies’ Regional Expansion
By African Energy Chamber As Angola works on attracting foreign investors from the Americas, Europe, the Middle East and Asia, its closest African neighbours are also entering the race to tap into vast investment opportunities in Africa’s second biggest oil producing market. Beyond the traditional African oil players, most of them coming from Nigeria, South […]
African News, Angola News
U.S. Firms Will Not Be Left Behind as Energy Investments Pick Up in Angola’s Oil Sector
By African Energy Chamber Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector. The ambitious reform agenda of President João Laurenço and that of the Minister of Mineral Resources and Petroleum, Dr. Diamantino […]