As global energy capital becomes increasingly selective in its deployment, a crucial gathering in Paris this April promises to reshape how investors evaluate African energy opportunities. The Invest in African Energy Forum, scheduled for April 22-23, 2026, will bring together energy ministers from Senegal, Nigeria, Zambia, and Djibouti alongside development finance institutions, commercial banks, and […]

The African Development Bank has taken a decisive step toward transforming Africa’s energy landscape with the approval of a $3.9 million two-year technical assistance project designed to help African nations convert policy commitments into tangible electricity connections. The initiative, known as AESTAP Mission 300 Phase II, represents a strategic acceleration of the continent’s most ambitious […]

The African Export-Import Bank (Afreximbank), working alongside other mandated lead arrangers, has successfully closed a $1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s state-owned national oil company. The landmark transaction, announced on January 28, 2026, represents one of the most significant trade finance facilities structured for an African energy company in recent years, underscoring […]

Global energy trader Trafigura has taken a major step in channeling private capital toward climate solutions by identifying four large-scale carbon removal projects across southern and central Africa. The initiative, operating under the Miombo Restoration Alliance framework, aims to invest at least $1 billion over the projects’ 40-year lifetime while restoring critical woodland ecosystems that […]

In a dramatic escalation of tensions between global credit rating agencies and African financial institutions, Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) to junk status and withdrawn all future ratings of the multilateral lender. The final ratings change to BB+ from BBB- marks the conclusion of an increasingly combative relationship between the ratings […]

South Africa’s government is forging ahead with an ambitious plan to mobilize R100 billion by 2029 through a new Transformation Fund designed to accelerate Black Economic Empowerment, despite fierce opposition from coalition partners and widespread skepticism from business leaders. The initiative, championed by Minister of Trade, Industry and Competition Parks Tau, has emerged as one […]

In a landmark transaction that signals the deepening commercial ties between the Middle East and Africa, Saudi Arabia’s Zahid Group has officially completed its acquisition of Barloworld Limited, the venerable South African industrial conglomerate, in a deal valued at R23 billion ($1.3 billion). The completion of this transaction marks the end of Barloworld’s 123-year history […]

Libya’s energy sector is experiencing a remarkable transformation, attracting unprecedented international investment and signaling the North African nation’s return to global energy prominence after years of political instability and infrastructure challenges. At the Libya Energy and Economic Summit in Tripoli, government officials and international energy executives gathered to outline an ambitious roadmap that positions Libya […]

In a transformative move that signals South Africa’s growing confidence in East African markets, Nedbank Group announced on Wednesday its intention to acquire a controlling 66 percent stake in Kenya’s NCBA Group for 13.9 billion rand ($855.5 million), marking one of the largest cross-border banking transactions in the region’s recent history. The proposed acquisition, which […]

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, announced on January 20, 2026, that it will serve as an anchor investor in the Allianz Credit Emerging Markets (ACE) fund, a groundbreaking $1 billion blended finance vehicle designed to accelerate climate finance in emerging markets. The fund, which launched in London, […]