These investors put $18.7 billion into renewables in 2022 and only $6.7bn into hydrocarbons.
Ethiopia has terminated the Poly-GCL licence given a lack of progress in developing the Calub and Hilala gas fields.
The United Nations and World Food Programme (WFP) have issued an alarm over the alleged theft of 570,000 litres of fuel in Ethiopia.
Green grids and international renewable energy are the only way to save Africa – and the world – with the alternative being a “climate abyss”.
Netherland, Sewell & Associates (NSAI) has signed a deal to assess the potential of Ethiopia’s oil and gas resources.
Ethiopia has begun generating power from its controversial Grand Ethiopian Renaissance Dam (GERD).
The UK has updated its guidance to urge its nationals to leave Ethiopia while commercial flights are still operating.
Tulu Moye Geothermal Operations (TMGO) has begun testing the GA-1 well in Ethiopia, amid a continued push for geothermal progress in East Africa.
New Age (African Global Energy) expects to bring on its Etinde gas project, in Cameroon, and Marine III, off Congo Brazzaville, in 2024.
East African LNG outlook seems positive in 2021 but fluctuating prices, political instability and terrorism risk stifling growth
East Africa is in a prime location to export gas globally but growth and progress has largely been slow, largely because of fluctuating liquified natural gas prices, political instability and terrorism.
Siemens Gamesa has signed up for its first wind power project in Ethiopia with a commitment for 29 wind turbines.
Ethiopia has been forced to deny that it has begun filling the Grand Ethiopian Renaissance Dam (GERD) as a dispute with its Nile neighbours Sudan and Egypt simmers on.
Tullow Oil has appointed Rahul Dhir to serve as its new CEO and an executive director, with Dorothy Thompson returning to her role as non-executive chair.
US Secretary of State Mike Pompeo has wrapped up a trip to three African states this week, where he noted the importance of deepening trade ties and the struggle against corruption.
British engineering firm Turner and Townsend has been appointed project manager for a new $1.55 billion gas pipeline in the Horn of Africa.