Two hurdles standing in the way of power utility privatization in Africa – the difficulty of financing projects and the dominating role of the World Bank.
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According to sources in Nigeria's Department of Petroleum Resources, TotalFinaElf finds itself locked in difficult negotiations with the Nigerian authorities [...]
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To fund their acquisitions in Africa, Russian oil companies have a pretty handy answer: Africa's debts to the former Soviet Union.
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The US Eximbank largely increased its guarantees for loans to Algeria in 2001. It has now signed a new $51 accord with Sonatrach.
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OPEC's quotas and the withdrawal of several companies have prompted the Nigerian authorities to rein in their demands concerning the share-out of profit oil.
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In the wake of a highly critical – and still confidential – report by the World Bank's Inspection Panel the institution is conducting a review of the way the oil pipeline project between Dola and Kribi is being managed.
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A bill on the indigenisation of Nigeria's oil industry that will shortly be tabled before Parliament has won a lot of backing from local groups and particularly from the sector's biggest, Adamac.
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The growing clout of the new national oil company Gepetrole (AEI 316) has gone hand in hand with tougher fiscal and contractual conditions.
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France's TotalFinaElf appears to have reached an agreement with Sonangol [...]
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Officials from ExxonMobil in Nigeria have told Africa Energy Intelligence [...]
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Sasol Petroleum International, an affiliate of South Africa's Sasol, has [...]
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The Anglo-Dutch group RoyalDutch Shell is expected this week to decide in favor of building two additional trains for Nigeria LNG's plant.
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Although it is diversifying, the small French company Perenco is boosting its output in Gabon and in Democratic Republic of Congo.
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China National Offshore Oil Company intends to bankroll its overseas [...]
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Currently producing 50,000 bpd, the Ceiba field in Equatorial Guinea [...]
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Already producing 200,000 bpd in Algeria, and particularly on the [...]
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Agip Nigeria, an affiliate of ENI, has made a discovery [...]
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Although Forest Oil, Anschutz and Mvelaphanda Energy have come up [...]
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Bogged down by funding woes, the BOT project for a 257 MW power plant some 10 km north of Khartoum [...]
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Nigeria's move to privatize its power sector has triggered a free-for-all for creative minds. The latest episode concerns power stations that two French nationals are trying to sell to NEPA.
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The U.S. consultancy Washington Infrastructure Services is expected to shortly wind up a feasibility study on the construction of two [...]
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The board of Botswana Power Corporation (BPC) is expected to [...]
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In addition to the four consultants to the National Electric [...]
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The former head of the Credit Suisse First Boston bank's energy department, Abebayo Ogunlesi, has been promoted director of the [...]
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The head of the oil and gas department of Nigeria's Bureau of Public Enterprises, Ms. Bolanle Onagoruwa, is playing a [...]
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Head of the Trade and Development Agency during president Bill Clinton's two mandates, Joseph Grandmaison has just been put in [...]
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The African Development Bank's recent participation in financing oil projects in Africa—such as NLNG (see P. 2)—results chiefly from changes [...]
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Representative of Central African Republic at the United Nations since 1997, Antonio Deinde Fernandez, a businessman of Nigerian origin, is [...]
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Director of the international trade and commodity finance department at the Paris law office of White & Case – the [...]
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BP Amoco is continuing its indigenisation policy in southern Africa after signing a series of agreements with black business groups [...]
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A new investment fund registered in Bermuda, the Termite Fund, [...]
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During a visit to Algiers, Abdullah Al Shamekh, secretary-general of [...]
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The breakdown in negotiations between the Senegalese government and Vivendi [...]
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Officials from the International Monetary Fund who visited Luanda in [...]
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Following an in-house probe, Switzerland's UBS bank announced that it [...]
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A $5 million loan approved by the World Bank in [...]
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The process for the privatization of the national power company [...]
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In mid-February the U.S. State Department agreed to a request [...]
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A bomb attack against civilians in the Western Upper Nile [...]
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The death of UNITA leader Jonas Savimbi and Angolan president [...]
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Energy Net Ltd. is organizing a conference at the Institution [...]
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