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Energy Access

Sun Africa is mobilising over $2bn for Angola’s solar industry

Sun Africa took its commitment to Angola a step further this week with the signing of a memorandum of understanding for the development of Africa’s largest mini-grid and rural electrification project at a cost of $1.5bn.

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Nigeria

Lagos State prepares for historic green bond issuance

Lagos State is about to become the first issuer of a subnational green bond in Nigeria as it seeks to diversify its financing sources and support sustainable development across the state. On September 10th, its national long-term rating was upgraded to AAA by Fitch Ratings.

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Energy transition

Why Africa’s energy transition is only happening in South Africa

South Africa remains the only African country developed enough that it can plan for an energy transition and decommission some of its power generation capacity to replace it with cleaner sources of electricity generation.

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Clean Cooking Hawilti+

Why Nigeria's LPG industry is an underrated investment opportunity

With double-digit demand growth and soaring prices, LPG is the commodity of the year in West Africa. Nigeria in particular is experiencing a significant expansion of its clean cooking industry, slowed down only by limited infrastructure availability.

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Top Stories
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PPP

Gabon signs Concession Agreement for new 120 MW gas-to-power plant

Yesterday, the Gabon Power Company (GPC) signed a landmark Concession Agreement with Wärtsilä for the development, supply, construction, operation and maintenance of a new 120 MW gas-to-power project in Owendo, next to the capital city of Libreville.

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Infrastructure

Angola lays first stone for new Barra do Dande Ocean Terminal

The project represents a massive step forward for Angola’s downstream sector and aims at turning Barra do Dande into the country’s main platform for the receiving, storage and distribution of petroleum products.

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Subsea

Eni puts Cabaça North on stream on Block 15/06 offshore Angola

Angola is currently sub-Saharan Africa’s most dynamic deep-water subsea market with majors such as TotalEnergies, Eni and BP involved in several subsea tiebacks and infill projects to maintain and increase output from existing production hubs.

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New Project Hawilti+

Dhirubhai-1 FPSO likely contender for redeployment on Pecan field offshore Ghana

The possible acquisition of the FPSO by Aker Energy happens as Ghana's Government moves to acquire an additional interest of 37% in the Deep Water Tano/Cape Three Points (DWT/CTP) Block to push the project forward.

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Success Story Hawilti+

OML 17 output up 40%, 7 months after acquisition by Heirs Oil & Gas

Upon its acquisition, OML 17 had a production capacity of 27,000 boepd and 2P reserves of 1.2 bn barrels of oil equivalent (boe) according to Heirs Holdings' estimates.

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Local Content

Dorman Long Engineering eyes expansion after equity investment from Africa Capitalworks

DLE seeks to expand irs existing yards, acquire additional facilities and expand its service offering beyond Nigeria.

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New Frontiers Hawilti+

Exploration activity is heating up in the Orange Basin offshore South Africa

Large seismic programmes are currently being prepared offshore South Africa. They notably target the Orange Basin where TotalEnergies is about to spud Venus-1 (Namibia) and Azinam is about to spud Gazania-1 (South Africa).

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Up in the Air

First turbine installed at Djibouti’s Goubet wind energy facility

The 59 MW facility has been under construction since October 2020 and will be Djibouti's first utility-scale wind project and the country's first independent power producer (IPP).

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Growth

Which African economies will perform in 2022?

Africa will once again be home to some of the world’s fastest-growing economies next year, with most of the top performers located in West Africa.


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Employment

The jobs expected to be available for Africa's youth from now - 2035

Africa's rapid growth has created now-urgent demand for employment that must be met for the continent to reduce poverty. The Brookings Africa Growth Initiative (AGI) and its partner think tanks have been conducting research on how to support promising industries to grow and absorb low-skilled labor.

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Exploration

Good things come in threes: after Angola and Ghana, Eni strikes oil offshore Côte d'Ivoire

The opening of a new play concept in Côte d'Ivoire's sedimentary basin is very good news for a country where oil production has failed to meet expectations and has been dropping significantly in recent years.

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US-Africa

The U.S. commits $550m to boost Senegal's electricity sector

After investing half a billion dollars into Senegal’s agriculture, the Millenium Challenge Corporation has committed another $550m into its electricity sector. Hawilti unpacks the U.S. Government's latest foreign aid programme.

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New Deal Hawilti+

Nigerian trader farms into Thali PSC offshore Cameroun

Tower Resources Cameroon has finally found a farm-in partner to acquire a 49% non-operating working interest in the Thali production sharing contract (PSC) offshore Cameroon.

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Eurobonds

African governments have developed a taste for Eurobonds: why it’s dangerous

To date, 21 African countries have sold Eurobonds worth a combined total of over US$155 billion on international bond markets since 2006.

Research Board

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IOCs in sub-Saharan Africa: Challenging the Exit Narrative


July 2021

Hawilti brings a new perspective to the future of international oil companies’ (IOCs) in sub-Saharan Africa. After analysing data from their African operations over the past decade, we conclude that despite a significant decline in liquids production and cut in exploration expenditures, IOCs are set to remain major actors of Africa’s energy future.

Hawilti brings a new perspective to the future of international oil companies’ (IOCs) in sub-Saharan Africa. After analysing data from their African operations over the past decade, we conclude that despite a significant decline in liquids production and cut in exploration expenditures, IOCs are set to remain major actors of Africa’s energy future.
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Nigeria's Petroleum Industry Bill: What Will and Will Not Change?


July 2021

Long overdue, Nigeria's new PIA will lead to a complete overhaul of the country's oil & gas legislation and is expected to unlock billions of investments across the value-chain. However, global and regional dynamics have changed drastically since the PIB was first drafted two decades ago. There is a chance it might be too little too late, especially at a time when traditional international investors in Nigeria are pursuing their divestment process and engaged in major ventures elsewhere on the continent.

Long overdue, Nigeria's new PIA will lead to a complete overhaul of the country's oil & gas legislation and is expected to unlock billions of investments across the value-chain. However, global and regional dynamics have changed drastically since the PIB was first drafted two decades ago. There is a chance it might be too little too late, especially at a time when traditional international investors in Nigeria are pursuing their divestment process and engaged in major ventures elsewhere on the continent.
Download Now