Sub-Saharan Africa | Egypt Oil & Gas

Tarach-1 Showed Strong Hydrocarbon Presence

The American trade corporation, ERHC announced that preliminary analysis of the Tarach-1, situated in Kenya's Block 11A, drilling results reveals encouraging information for further exploration.

Sub-Saharan Africa Loses $100b in Oil, Gas Capital

Capital investment in the oil and gas industry in sub-Saharan Africa has witnessed a cut by $100b over the next five years, according to Wood Mackenzie’s latest report on upstream activity.

Power Africa to Get $1b in US Aid

More than $1b in debt and financing commitments from US agencies and private investors under Africa energy initiative, Power Africa, have been finalized.

IMF Cuts Sub-Saharan Africa’s GDP Growth to 4.5% on Oil Plunge

The International Monetary Fund cut its economic growth forecast for sub-Saharan Africa this year by 1.25 percentage points as plunging oil prices force exporters to curb spending plans.

APR Enegy Renews 106 MW of Contracts in Sub-Saharan Africa

APR Energy (LSE: APR.L) has signed 106 MW of contract extensions in Sub-Saharan Africa, including an extension on its 40 MW Morro Bento power contract in Angola, taking its term into early 2016.

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