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Madagascar

Opinion

Fuelling Africa’s green transition

Recent world events have shone light on the vital role that energy plays in societies throughout the world. Whilst western powers are dealing with what is rapidly turning out to be one of the worst energy crises ever experienced, poorer nations across the world are increasingly suffering the detrimental costs of climate change, the consequence of the exploitation of fossil fuels and unsustainable industrial practices.

Opinion

Energy investment opportunities in Africa

The cards have been shuffled on the global investment table and all eyes are on Africa, writes Hasnaine Yavarhoussen, CEO of Groupe Filatex.

Oil & Gas

ExxonMobil ends oil exploration in Madagascar after poor finds

Exxon Mobil has ended its oil exploration in Madagascar after disappointing findings in its off-shore blocks, the Malagasy Mining and Petroleum Minister said on Friday. The U.S. company had no immediate comment. Exxon's affiliates resumed exploration in Madagascar in 2013 after a four-year pause due to a force majeure declared after the 2009 coup on the Indian Ocean island.