African Business News
Petroceltic to drill close to Eni’s Zohr gas discovery
Irish company Petroceltic is expected to begin drilling next year at one of its prospects close to Eni’s recent huge gas find offshore Egypt
AfDB approves US$121mn loan and grant to improve Uganda’s electricity access
The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households
East Africa: Eaton Roots for Storage of Power Generated From Renewable Sources
Power management firm Eaton is calling for adoption and use of renewable energy storage technologies in Africa as uptake of alternative energy and power rises in the continent.
‘Gas-fired power generation could add US$12bn to South African GDP’
South Africa could tap into its natural gas reserves to expand its energy mix and support growth across the economy, recommended McKinsey Global Institute
