S&P Global Ratings published new research examining how the world’s largest hyperscalers are financing rapid AI infrastructure expansion and the implications for future credit quality. The report, “S&P Global Ratings’ …
Energy
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ExxonMobil Mozambique, Limitada and Area 4 co-venturers award US$1.1 billion in pre-investment contracts
by PAV WriterMaputo, Mozambique – ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in pre-investment contracts for critical long-lead upstream …
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Middle East Energy Powers Up with New Features, Product Sectors, and Industry Conferences
by PAV WriterThe expanded 2025 edition of Middle East Energy, the region’s leading energy exhibition bringing together the leading lights of the industry, will feature a host of new shows, product sectors …
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Johannesburg − Shell South Africa Holdings (Pty) Ltd, a subsidiary of Shell plc (Shell), has agreed to sell its equity interest in Shell Downstream South Africa (Pty) Ltd (SDSA) to Abu Dhabi …
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As African governments seek greater state participation, higher local content and a larger share of resource revenues, the terms governing oil and gas investments are changing across the continent. Since …
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Minister Solly Malatsi Confirmed as Speaker at AEW 2026 as South Africa Accelerates Digital Infrastructure
by PAV WriterSolly Malatsi, South Africa’s Minister of Communications and Digital Technologies, has been confirmed to participate in African Energy Week (AEW) 2026, bringing government leadership on digital infrastructure, AI, telecommunications and …
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Name: Jubril Adewale TinubuRole: Group Chief ExecutiveCompany: Oando PLCIndustry: Energy, Oil and GasCompany size: 1,045 employees, with FY2025 revenue of ₦3.2 trillionYears in company: 32 years, from the founding of …
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Name: Patrice Tlhopane MotsepeRole: Founder and Non Executive Chairman; President of the Confederation of African FootballCompany: African Rainbow MineralsIndustry: Diversified mining, investment and energyCompany size: 21,727 employees and contractors as …
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AFC Financing Supports Largest Power Plant in Burkina Faso to Tackle One of World’s Biggest Electricity Access Gaps
by PAV WriterBurkina Faso is set to take a major step towards overcoming one of the world’s largest electricity access gaps after Africa Finance Corporation (AFC) reached financial close on funding for …
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Dangote Group’s planned September IPO for its refinery business is emerging as a defining test of investor confidence in Africa’s industrial future, with the potential to reshape regional energy trade, …