Energy Capital & Power

MMG has approved a $900 million expansion of Botswana’s Khoemacau Copper Mine, including new deposits and a 4.5 Mt/year processing plant, aiming for first production in H1 2028. The expansion is expected to raise output to 130,000 t of copper concentrate and 4 Moz of silver, with a potential future phase targeting 200,000 t of copper. Read Full Article: hubs.la/Q03ZrsV90 Intrigued by African energy investments? Join 50,000+ informed energy leaders and gain valuable insights. Subscribe to the ECP newsletter for exclusive content. hubs.la/Q03Zrtqy0 #ECPNews #AfricanEnergy #InvestinAfrica #Copper #Mining #Processing #Silver

KEFI Gold and Copper has signed a $30 million gold streaming term sheet for its Tulu Kapi project in Ethiopia, pending final approvals. The financing forms part of the broader package to launch the high-grade project. Read More: hubs.la/Q03Zrr1-0 Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector hubs.la/Q03Zrr0m0 #ECPNews #AfricanEnergy #InvestinAfrica #Gold #Copper #Ethiopia

European export credit agencies and development finance institutions are increasing support for African oil, gas and energy projects, reducing risk and improving access to capital. Backed by evolving export-finance policies and regulatory reforms across Africa, this momentum is strengthening project bankability and is set to shape financing discussions at the Invest in African Energy Forum 2026 in Paris. Read More: hubs.la/Q03ZrqKh0 Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Get exclusive content and investment insights. hubs.la/Q03Zrqty0 #ECPNews #AfricanEnergy #InvestinAfrica #IAE2026 #Credit #OilandGas #Finance

Europa Oil & Gas has signed a binding farm-out agreement with Fuhai (Beijing) Energy for the EG-08 offshore block in Equatorial Guinea. Fuhai will acquire a 40% interest and fund 95% of the Barracuda exploration well, while Antler Global retains operatorship. The deal supports plans to drill the gas-rich prospect in 2026, subject to regulatory approval. Read Full Article: hubs.la/Q03Zrqrc0 Intrigued by African energy investments? Join 50,000+ informed energy leaders and gain valuable insights. Subscribe to the ECP newsletter for exclusive content. hubs.la/Q03Zrqzz0 #ECPNews #AfricanEnergy #InvestinAfrica #Drilling #Offshore #Exploration

Heirs Energies has agreed to acquire a 20% stake in Seplat Energy for about $500 million, buying the shares from Maurel & Prom. The deal will make Heirs Energies one of Seplat’s largest shareholders, strengthen its position in Nigeria’s energy sector, and highlights the growing role of African lenders in financing major energy transactions. Gain investment insights & join 50,000+ informed energy leaders. Subscribe to the ECP newsletter hubs.la/Q03ZrmjY0 #ECPNews #AfricanEnergy #InvestinAfrica #Dealmaking #Finance

As 2025 comes to a close, we extend our sincere thanks to our partners, clients, connections, and colleagues for your continued support and collaboration. This has been instrumental to our success throughout the year. May this festive season be filled with joy, renewal, and meaningful moments with loved ones, as we look ahead to the new year with optimism and excitement. #Festiveseason #Holidaycheer #Seasonsgreetings #Connections #Renewal

The MSGBC Oil, Gas & Power 2025 Conference and Exhibition concluded on 10 December in Dakar, marking one of the most dynamic editions of the event to date. Over three days, government leaders, global investors, and industry executives made major announcements and shared innovative energy insights, highlighting the basin’s progress toward energy self-sufficiency, infrastructure expansion, and accelerated low-carbon development. Hosted by Energy Capital & Power in partnership with the Ministère de l'Energie, du Pétrole et des Mines - MEPM, @Groupe_PETROSEN Exploration & Production | Senegal National Oil Company, African Energy Chamber and @CosPetrogaz, the fourth edition opened with a Presidential Address from H.E. Bassirou Diomaye Faye, setting the tone for regional integration, energy sovereignty, and investment-led growth. Highlights across the three days included: ◾️A Pre-Conference Day of targeted technical workshops and a closed-door CEO Assembly. ◾️A Grand Opening and high-level ministerial dialogue featuring leaders from across the MSGBC region. ◾️Strategic and technical sessions unpacking upstream opportunities, gas monetisation, gas-to-power pathways, refining and downstream expansion, critical minerals, renewables, and local content. ◾️An exhibition floor showcasing the solutions and innovations shaping the basin’s next phase of development. ◾️The Gala Dinner and Awards Ceremony, celebrating the champions driving a transformative year for West Africa’s energy future. Thank you to our sponsors, partners, speakers, exhibitors, and delegates for making #MSGBC2025 such a success. See you in Dakar in 2026! 📷Stay up to date with the latest news from the conference by following #MSGBC2025 or visiting: lnkd.in/dcgFPfVK #MSGBC2025 #SenegalEnergy #OilAndGasAfrica #EnergyInvestment #Mining #PowerInAfrica #AfricaEnergyFuture #DakarEnergy

Join @Societe_SAR during the MSGBC 2025 pre-conference for an engaging workshop on “Implementing a Digital Transformation,” taking place from 13:30-14:00 at the Terrou-Bi Hotel, Dakar. This workshop will cover the first six months establishing an IS Direction; Initial diagnostic of IT/OT systems, processes, and capabilities; managing expectations and preparing for a 2025–2027 transformation roadmap; Building foundational capabilities: cybersecurity, SOC, in-house development team; and more. Presented by: 🔹Idrissa Cissé, Director of Information Systems, Digital Transformation, and Innovation, Société Africaine de Raffinage (SAR) MSGBC Oil, Gas & Power 2025 features a multi-track program consisting of a Pre-Conference Day on 8 December, followed by two days of strategic sessions, exhibitions and the Gala Dinner (9–10 December), concluding with complimentary excursions for delegates on 11 December. 📌 Book your spot: hubs.la/Q03RzfSQ0 📌 Sponsorship & Exhibition Opportunities: hubs.la/Q03PTH650 #MSGBC2025 #SenegalEnergy #OilAndGasAfrica #EnergyInvestment #PowerInAfrica #SenegalBusiness #AfricaEnergyFuture #OilAndGasInnovation #DakarEnergy #Partnership #Innovation #System #Processes #DigitalTransformation @terroubi

Rachelle Kasongo, Event and Project Director, is in Kinshasa, Democratic Republic of Congo, and will be there until 12 December 2025 to discuss participation, sponsorship, and exhibition opportunities for the upcoming events, including: DRC Energy Week 2026, taking place in March African Mining Week (AMW) 2026, taking place 16–18 November AMW 2026 positions itself as the key platform to accelerate investment, technology adoption, and sustainable development across the mining sector. This event will bring together stakeholders from across Africa and the globe to drive meaningful dialogue, forge new partnerships, and unlock the continent’s mining potential. 📩 Reach out via email at rachelle@energycapitalpower.com or visit hubs.la/Q03XdpGk0, for more information. #AfricanMiningWeek #AMW2026 #DRC #DRCEnergyWeek2026 #InvestinAfrica #AfricanEnergy #ECPevents #AfricaMining #Innovation #Collaboration #Sponsorship #Participation

Join @Sepcoindustries during the MSGBC 2025 pre-conference for an engaging workshop on Reducing Environmental Liabilities in the MSGBC Basin: Modern Approaches to Oil & Gas Waste Management,” taking place from 13:00-13:30 at the Terrou-Bi Hotel, Dakar. The workshop will focus on practical steps for implementing modern waste management systems in the MSGBC region, SEPCO’s capabilities through real case studies and lessons learned, what “good practice” looks like for operators in 2025; and more. Presenters include: 🔸Wilfred B. Johnson, Waste Manager, SEPCO Industries 🔸Fatoumata Thiam, Waste Co-ordinator, SEPCO Industries MSGBC Oil, Gas & Power 2025 features a multi-track program consisting of a Pre-Conference Day on 8 December, followed by two days of strategic sessions, exhibitions and the Gala Dinner (9–10 December), concluding with complimentary excursions for delegates on 11 December. 📌Book your spot: hubs.la/Q03RzfSQ0 📌 Sponsorship & Exhibition Opportunities: hubs.la/Q03PTH650 #MSGBC2025 #SenegalEnergy #OilAndGasAfrica #EnergyInvestment #PowerInAfrica #SenegalBusiness #AfricaEnergyFuture #OilAndGasInnovation #DakarEnergy #Partnership #Innovation #WasteManagement @terroubi

The Pre-conference Day of MSGBC Oil, Gas & Power Conference & Exhibition 2025 kicks off today. As delegates gather in Dakar, Senegal, the Terrou-Bi Hotel will host a full day of specialized workshops designed to enhance technical capabilities, strengthen practical skills and advance industry knowledge across the entire energy value chain. Pre-Conference workshops include: 🔸 10h00–12h00 | SPE Workshop 🔸 13h00–13h30 | Reducing Environmental Liabilities in the MSGBC Basin: Modern Approaches to Oil & Gas Waste Management, hosted by @Sepcoindustries 🔸 13h30–14h00 | Implementing a Digital Transformation, hosted by @Societe_SAR 🔸 14h00–15h00 | CEO Assembly — Closed-Door Roundtable (by invitation only) Engage with business experts including: 🔹Dr. Riverson Oppong, Africa Director, SPE 🔹Larry Velasco, Africa New Venture Manager, SLB 🔹Wilfred B. Johnson, Waste Manager, SEPCO Industries 🔹Idrissa Cissé, Director of Information Systems, Digital Transformation & Innovation, Société Africaine de Raffinage; and more. The Pre-Conference Day will conclude with the Welcome Cocktail, hosted by @ForvisMazarsGrp and Réseau Gazier du Sénégal, at the @terroubi Hotel from 18h30–21h00. This exclusive event provides delegates who have RSVP’d with the opportunity to foster relationships, engage with global industry leaders, and establish strategic partnerships in a relaxed and collaborative setting. MSGBC Oil, Gas & Power 2025 features a multi-track program consisting of a Pre-Conference Day on 8 December, followed by two days of strategic sessions, exhibitions and the Gala Dinner (9–10 December), concluding with complimentary excursions for delegates on 11 December. 📌 Book your spot: hubs.la/Q03RzfSQ0 📌 Sponsorship & Exhibition Opportunities: hubs.la/Q03PTH650 #MSGBC2025 #SenegalEnergy #OilAndGasAfrica #EnergyInvestment #PowerInAfrica #SenegalBusiness #AfricaEnergyFuture #OilAndGasInnovation #DakarEnergy #Partnerships @SPEtweets

The European Investment Bank (EIB) is providing €39 million to expand Cabo Verde’s Cabeólica Wind Energy project, raising its contribution to national electricity from 20% to 30%. The expansion adds 13.5 MW of wind power on Santiago and 26 MWh of battery storage across four islands, supported by the African Development Bank, the government, and local partners. Read Further: hubs.la/Q03WDkqX0 “European expertise is helping Cabo Verde secure cleaner, more reliable energy,” said EU Ambassador Sylvie Millot. Cabeólica, with four wind farms and battery storage, was initially developed with a €28 million EIB loan in 2010. Gain investment insights & join 50,000+ informed energy leaders. Subscribe to the ECP newsletter hubs.la/Q03WDsRl0 #ECPNews #AfricanEnergy #InvestinAfrica #WindEnergy #RenewableEnergy #Electricity

@TotalEnergies and its partners will provide extra equity for the Mozambique LNG project, replacing @UKEF and Atradius funding after force majeure was lifted. Developing the Golfinho and Atum fields with two trains totaling 13.1 Mt/year, the project’s cost has risen $4.5 B since its $15.4 B 2020 financing. Production is targeted for 2028. Read Full Story: hubs.la/Q03WDjSM0 Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector hubs.la/Q03WD7fN0 #ECPNews #AfricanEnergy #InvestinAfrica #LNG #Production #Exploration #Finance

Perenco’s subsidiary PetroChad Mangara (PCM) has completed a 12-well drilling campaign at the Badila oilfield in southern Chad, including eight horizontal wells, three water-disposal wells and one appraisal well. PCM also installed gas turbines to boost power generation and upgraded processing facilities. Read Full Article: hubs.la/Q03WCVlY0 Production from the Badila and Mangara fields has now exceeded 18,000 bpd, surpassing the 16,000 bpd post-restart target. The GWDC rig has since been moved to PCM’s Krim development in the Doba Basin for a new eight-well campaign. Gain investment insights & join 50,000+ informed energy leaders. Subscribe to the ECP newsletter hubs.la/Q03WCXrl0 #ECPNews #AfricanEnergy #InvestinAfrica #Drilling #Turbines #Oil&Gas

@TotalEnergies has agreed to transfer its 40% stake in Nigeria’s offshore licenses PPL 2000 and PPL 2001 to @Chevron's subsidiary, strengthening the companies’ growing offshore collaboration. The licenses span about 2,000 km² and were awarded in Nigeria's 2024 Exploration Round. Read More: energycapitalpower.com/totalenergies-… Following regulatory approval, TotalEnergies will remain operator with 40%, Chevron will hold 40%, and South Atlantic Petroleum will retain 20%. Intrigued by African energy investments? Join 50,000+ informed energy leaders and gain valuable insights. Subscribe to the ECP newsletter for exclusive content. energycapitalpower.com/newsletter-sub… #ECPNews #AfricanEnergy #InvestinAfrica #Offshore #Collaboration

SNIM has secured a $275 million loan—$150 million from the African Development Bank (@AfDB_Group) and $125 million from the European Investment Bank (@EIB)—to modernize and expand the country’s rail infrastructure. The project includes rehabilitating existing tracks and constructing a new 42 km line connecting the El Aouj and Atomai mining sites, enhancing the link between Zouerate’s iron ore hub and the port of Nouadhibou. Read More: hubs.la/Q03WsjPB0 Gain investment insights & join 50,000+ informed energy leaders. Subscribe to the ECP newsletter hubs.la/Q03WsdGB0 #ECPNews #AfricanEnergy #InvestinAfrica #Mining #Loan #Railway #Infrastructure

Caledonia Mining Corporation has approved the $484 million Bilboes gold project in Zimbabwe, expected to become the country’s largest gold mine. With reserves of 1.749 million ounces and additional resources of over 1.5 million ounces, the open-pit mine will process 240,000 tons per month, aiming for first production in late 2028 and 200,000 ounces in its first year. Read More: hubs.la/Q03WfNtL0 Over 10.8 years, Bilboes is projected to yield 1.55 million ounces of gold. CEO Mark Learmonth highlighted its potential to boost Zimbabwe’s gold profile and replicate successful community initiatives from Blanket Mine. Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Get exclusive content and investment insights. hubs.la/Q03WfXz40 #ECPNews #AfricanEnergy #InvestinAfrica #Zimbabwe #Gold #Mining

The IMF and Sierra Leone have reached a staff-level agreement on the first and second review of the country’s Extended Credit Facility, paving the way for a disbursement of about $78.8 million. The agreement follows improvements in fiscal discipline, monetary policy and structural reforms after earlier delays. Read Full Article: hubs.la/Q03Wd4Ds0 The deal underscores accelerated reforms in public financial management, debt oversight and banking supervision, with macroeconomic stability expected to strengthen pending IMF Executive Board approval. Gain investment insights & join 50,000+ informed energy leaders. Subscribe to the ECP newsletter hubs.la/Q03Wd4gw0 #ECPNews #AfricanEnergy #InvestinAfrica #Credit #SierraLeone #Policy #Reforms #Growth #Government @IMFNews

The @WorldBankAfrica and African Development Bank (@AfDB_Group) have launched multi-year strategies to boost Mauritania’s economic diversification and private-sector growth. Explore Further: hubs.la/Q03W66gD0 The World Bank’s 2026–2030 plan focuses on job creation, governance reforms, and community connectivity, targeting sectors like energy, mining, water, and digital services. The AfDB’s 2026–2028 strategy prioritizes agriculture, infrastructure, economic governance, and climate resilience. Intrigued by African energy investments? Join 50,000+ informed energy leaders and gain valuable insights. Subscribe to the ECP newsletter for exclusive content. hubs.la/Q03W6bvC0 #ECPNews #AfricanEnergy #InvestinAfrica #Bank #Finance #Diversification #Economy #Employment #Agriculture #Infrastructure

The Gambia has secured a $45 million @WorldBankAfrica grant to boost inclusive economic growth, expand the tax base and strengthen climate resilience. Read More: hubs.la/Q03W5mt50 The funding will support skills development and improve women and youth participation in key sectors, while also establishing a regulatory framework for climate action. Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Get exclusive content and investment insights. hubs.la/Q03W5jgp0 #ECPNews #AfricanEnergy #InvestinAfrica #Gambia #Bank #Tax #Development #Inclusivity #Youth #WomenEmpowerment