South Africa Prioritises 9.6 GW of Battery Storage and Gas-to-Power Projects
South Africa is moving to accelerate the development of battery energy storage and gas-to-power projects as the country seeks to strengthen electricity reliability and add greater flexibility to its power…
Oil Prices Ease as Middle East Supply Concerns Begin to Moderate
Oil prices eased on Tuesday as markets responded to stronger Middle Eastern crude exports and the G7’s decision to release 100 million barrels from strategic reserves. Brent crude fell around…
IEA Calls for Faster Grid Modernisation as Electricity Demand Accelerates
The International Energy Agency is calling for faster investment and modernisation of electricity grids as rising electricity demand places increasing pressure on existing infrastructure. In its latest analysis, the IEA…
Power Access Emerges as a Critical Constraint for Global AI Infrastructure
The rapid expansion of artificial intelligence is increasing pressure on electricity infrastructure, with grid availability emerging as an increasingly important consideration for data-centre developers. The International Energy Agency has warned…
LADOL to Develop Liberia’s First Offshore Oil Shore Base
LADOL, the Lagos free-zone and offshore logistics company founded by Nigerian billionaire Oladipo “Ladi” Jadesimi, has signed a joint development agreement with Liberia’s National Oil Company in London on October…
Madagascar Billionaire Expands Senegal Data Center to Meet AI Demand
Stellarix, the data centre company owned by Malagasy billionaire Hassanein Hiridjee’s Axian Group, is expanding its Senegal facility to meet rising demand for cloud computing and AI services. The expansion…
African Energy Week 2026 Launches First-Ever AI and Data Center Track
The African Energy Chamber is debuting a dedicated AI and Data Center Track at African Energy Week 2026, running October 12–16 in Cape Town — the first time the continent’s…
Kenya Power’s X Account Hacked, Used to Push Crypto Scam Posts
Kenya Power’s customer care account on X (@KenyaPower_Care), which has around 1.6 million followers and is listed on the utility’s own website as an official service channel, was hacked on…
Absa Becomes First African Bank to Offer Digital-Asset Custody
Absa has become the first African bank to offer digital-asset custody services, marking a significant step into cryptocurrency and digital asset infrastructure for one of the continent’s major banking groups.…
AfDB to Launch Initiative Helping African Nations Manage Their Credit Ratings
The African Development Bank will launch a new initiative to help African countries better prepare for and manage their sovereign credit ratings, AfDB President Sidi Ould Tah announced. Credit ratings…