AfDB Invests $25m in Africa's Renewable Energy
The African Development Bank (AfDB) on Friday, said it had approved an equity investment of 25 million dollars into the continent’s renewable Energy Fund (AREF) to fast track energy development.
The bank said that the approval for the investment was given by the bank’s Board of Directors on Wednesday.
Africa Oil (V.AOI) boasts of potential 231b barrels in Kenya prospect
New investments in the natural resource sector in East African countries should translate to a massive increase in oil and gas production, Wood Mackenzie said.
Martin Kelly, director of upstream research in East Africa for the energy analysis company, said the next year should bring
Sunbird Energy estimates a Resource at South Africa coal seam gas project
Sunbird Energy (ASX: SNY) has independently certified a Best Estimate (2C) Contingent Resource of 644 billion cubic feet of gas for its Mopane Coal Bed Methane Project in South Africa.
The assessment by MHA Petroleum Consultants supports the potential for a large scale coal
Africa Oil provide Kenya operations update
Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) ("Africa Oil" or the "Company") announces that the Company and its operating partner, Tullow Oil plc ("Tullow" or, together, the "Partnership"), have temporarily suspended all operations as a precautionary measure in Block 10BB and Block 13T
