Long term lenders behind the massive Lake Turkana Wind Power Project - Kenya's largest green-field wind power scheme - are now asking for a government guarantee to cover the risks in the private-sector funded project.
The Ethiopian government has dismissed claims by Ogaden rebels to have captured seven towns in the oil rich Somali region located in south eastern of Ethiopia.
The sun is setting slowly over Dar es Salaam's Tabata Changombe neighbourhood. Ameenah and Skukulu Juma lean against the corrugated iron walls of their makeshift charcoal shop.
Campaigners from fifty countries from around the world meeting in Montreal, Canada to strategise on pushing further the frontiers of transparency in oil, gas, and mining industries, have blamed opacity in oil and mineral licensing for the bad deals natural resource-dependent countries are often saddled with.
Hope is rising on the possibility of discovering oil and gas in the Benue Trough as experts researching into it say the prospects are high.
We have proved over and over again that we are a nation that does not plan for tomorrow. Since 1990, the Nigeria economy has expanded and the population has grown, but it is now clear to all discerning observers that our successive governments have failed to plan for our future.
THE Federal Government has commenced payment of arrears of allowances owed former militants in various camps in the Niger Delta.
UNTIL relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola. That's changing rapidly after a significant find off the Atlantic coast of Sierra Leone, where both Anadarko Petroleum and U.K.-based Tullow have exploration licenses, and another strike in Uganda, where Tullow operates.
On October 16, 2009, Oxford's Prof. Paul Collier gave a talk at Serena Hotel in Kampala on the prospects of an oil windfall in Uganda. Unlike in most of his work, this time Collier did not focus on how the international community (read the West) can help Uganda use its oil revenues well; his entire speech, though sounding like a primary school headmaster advising his pupils, was about what we ...
THREE Zambian companies are among the seven bidders who have been awarded the licence to explore petroleum in three provinces as the Government has called for immediate commencement of the works.
Nigeria Cassava Growers Association (NCGA) has signed a N56 billion contract with the Cassava Agro Industries Services Ltd (CAISL) for the supply of 8 million tons of cassava tubers to the national Cassakero cooking fuel programme.
It should be a blessing for a country to have natural energy resources such as petroleum, gas, coal, water with fast running rivers and falls.
South Africa could have its first nuclear power plant by the year 2020 if Cabinet approves a proposal expected to be put forward by the Ministry of Energy.
It is no longer news that the federal government has advanced its plan to fully deregulate the country's downstream oil sector.
Mr. Jack Derickson, Managing Director of West African Gas Pipeline Company (WAPCo) has disclosed that the gas pipeline from Nigeria to Ghana has been completed but there are few difficulties.
