Gécamines chief pushes back at NGO claims of corruption

Gécamines chief pushes back at NGO claims of corruption

The Congolese mining entity Gécamines issued a scathing rebuke to international NGOs on Wednesday, with a report that seeks to debunk the years of allegations about corruption and missing millions. The 60-page report begins with an introduction from Albert Yuma-Mulimbi, a close ally of outgoing President Joseph Kabila and the…

South Africa joins IEA, Africa Oil Week wraps up in Cape Town

South Africa joins IEA, Africa Oil Week wraps up in Cape Town

Africa Oil Week has wrapped up in South Africa, where the five-day energy conference was hosted by Cape Town. This year, 17 government ministers attended, the event organizers said in a closing statement; they included ministers from Nigeria, Mali, The Gambia, Namibia and Sudan. Additionally, during the course of the…

Green Climate Fund boosts 3 new projects in Africa

The Green Climate Fund (GCF) has approved USD$110 million in funding for three proposals from the African Development Bank (AfDB), including a mini-grid project for Democratic Republic of Congo. The AfDB will match $21 million in GCF loan and grant funding to build three pilot solar PV plants and the battery…

South Sudan touts oil recovery at AOP18, but obstacles remain

South Sudan’s oil production is recovering from years of conflict, according to Ezekiel Lol Gatkuoth, the country’s Minister of Petroleum, but many obstacles remain even as oilfield operations come back online. Security was top of mind as South Sudan took the spotlight during the Africa Oil & Power conference in…

Report finds African energy investment is financing fossil fuels

The African continent is attracting some USD$20 billion in energy investment from government-backed development institutions across the world each year – but far too much of it promotes fossil fuels rather than the shift to renewable energy. That’s according to a new analysis from Oil Change International, an advocacy organization based in…

Glencore under U.S. investigation into Nigeria, DRC operations

Mining giant Glencore confirmed on Tuesday that the United States Department of Justice has issued a subpoena for documents and records connected to the company’s businesses in Nigeria and the Democratic Republic of Congo. The subpoena also covers operations in Venezuela, the company said. Glencore “has received a subpoena dated…

OPEC welcomes Congo Brazzaville as newest member

The central African nation of Congo Brazzaville has become the newest member of the Organization of the Petroleum Exporting Countries (OPEC), following the conclusion of the OPEC member meeting in Vienna on Friday. It is now the 15th nation to become a member, seven of them on the continent. The…

World Bank promises $180 million for Kenya’s energy sector

The World Bank has approved USD$180 million in loan guarantees to boost Kenya Electricity Generation Company Limited (KenGen) and the country’s energy sector. The KenGen project, supported by private sector financing, will build on Kenya’s progress in diversifying its energy sources – including geothermal power – while bringing much needed…

Zambezi River dam opposed over environmental, tourism impact

A hydroelectric dam project, years in the making and planned for the Zambezi River between Zambia and Zimbabwe, remains under pressure from whitewater rafting enthusiasts and tourism businesses concerned about the environmental and economic impacts. Munyaradzi Munodawafa, chief executive with the Zambezi River Authority, told reporters this week that the…