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Angola
30 March 2021

Angola Among Less Apt Countries for Energy Transition

Angola is among the oil-producing countries at greater risk with the global transition towards green energy, according to consultancy Verisk Maplecroft.
Mozambique
30 March 2021

Insurgency Imperils Exxon/ CNPC Investment in Mozambique

The growing insurgency in Mozambique´s Cabo Delgado province will significantly delay the investment by the Exxon/Eni/ CNPC joint-venture in the country´s natural gas industry, with some analysts predicting it could be stopped altogether.
China
19 March 2021

Chinese and Spaniards Increasingly Concentrating Power in Portugal’s EDP

China Three Gorges (CTG) and Oppidum, an investment fund from Spain, are increasingly sharing power in Portugal's EDP.
Angola
19 March 2021

People’s Bank of China and African Development Bank Finance USD 530 Million Angola Power Grid

The African Development Bank  will finance with USD 530 million the construction of a 343 km line that will connect the north and south transmission grids in Angola, allowing for the distribution of clean energy between the regions.
Angola
19 March 2021

China Bought 71% of Angola’s Oil in 2020

China bought 71% of Angola's oil in 2020, according to data from the Angolan Ministry of Mineral Resources, Oil and Gas.
Mozambique
04 March 2021

South Korean Companies Positioning for Natural Gas Projects in Mozambique

An investment of USD 20 billion, and with Japanese, Thai and Indian energy companies as shareholders, the Mozambique Natural Gas Area 1 project (Mozambique LNG) is attracting dozens of Asian suppliers of goods and services.
China
03 March 2021

EDP Renewables to Raise EUR 1.5 Billion From Investors

EDP Renováveis, whose parent company EDP Energias de Portugal has as main shareholder China Three Gorges (CTG), is raising 1.5 billion euros from institutional investors.
China
01 March 2021

Portugal’s EDP Group Targets Energy Storage, Green Hydrogen

EDP Energias de Portugal, whose main shareholder is China Three Gorges (CTG), is launching two units that will exploit the potential of green hydrogen and energy storage systems.
Angola
26 February 2021

Angola Gets USD 417 million to Boost Electricity Access

Angola will receive USD 417 million from the World Bank  and France to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities.
Mozambique
24 February 2021

USD 760 million Mozambique Gas Project to provide Additional Supply to South Africa

South African energy group Sasol has announced its final investment decision (FID) on a USD 760 million gas project in Mozambique, that will provide additional supply to South Africa in the short term.
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