World News

With a Concerted Effort, Africa’s “Freiheits Gas” Can Help Europe Overcome Its Dependence on Russian Gas

Image Credit: AEC March 13, 2022/AEC Russia’s invasion of Ukraine has expanded the meaning of “energy transition” in Europe. Usually, that term means moving away from the fossil fuels that have driven progress for generations and turning, instead, to emerging green energy sources. But with the U.K. phasing out Russian […]

Uganda to Record Increased Investor Appetite For Oil and Gas Exploration and Production Through to 2025

Greenfield investments in Uganda’s oil and market will help increase overall capital expenditure between 2022 and 2025. Image Credit: AEC March 10, 2022/AEC According to the African Energy Chamber’s (AEC) Q1 2022 Outlook, The State of African Energy, as the region sees relatively increased sanctioning activity, 2022-2025 cumulative capital expenditure […]

Ukraine War, Russia Sanctions Delicate for Africa-IMF MD

March 10, 2022/IMF Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) met yesterday with African Ministers of Finance, African central bank governors, and representatives from the United Nations Economic Commission for Africa (UNECA) to discuss the impact of the crisis in Ukraine. At the conclusion of the […]