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Guinea-Bissau
17 March 2020

Sinohydro Corp builds a solar plant in Guinea-Bissau

China’s Sinohydro Corporation has been awarded the tender launched in 2019 to build a photovoltaic solar plant in Gardete, in Guinea-Bissau, with an installed capacity of 20 megawatts.
Timor-Leste
11 March 2020

Legal Flash: Timor-Leste amends Petroleum Activities Law

Timor-Leste's revised Law on Petroleum Activities has just been published. It amends 15-year old legislation regulating an economic activity that is the country´s main source of income. The awarding of exploration under a new licensing round is expected.
Angola
10 March 2020

Puma Energy and Angolan general go separate ways

Cochan Holdings, an investment vehicle founded by influential Angolan General Leopoldino do Nascimento (‘General Dino’), is leaving the capital of Singapore-based oil trading company Puma Energy Holdings Pte Ltd.
Mozambique
17 October 2019

Russia to the rescue for Mozambican government in LNG projects

As LNG projects in the north of Mozambique progress, the government faces two major hurdles: financially, to find capital for its share of the investment needed to develop the Rovuma basin world-class natural gas reserves, which could top US$1 billion; militarily, to ensure safety in Cabo Delgado province from Islamist insurgents. In both instances, Russia has come to the rescue.
China
08 October 2019

Celebration but economic fears for Timor-Leste

On 30 August, Timor-Leste celebrated the 20th anniversary of the referendum that eventually led to independence from Indonesia in 2002. Despite the national pride generated by the occasion, the country is still struggling to stabilise the economy and reduce poverty levels.
Guinea-Bissau
28 August 2019

A Chinese Oil Giant Enters Tiny Guinea-Bissau

A Chinese oil giant has gained a foothold in the development of the oil industry in Guinea-Bissau.
Angola
20 August 2019

Angola to sell stakes in JV with China International Fund

The biggest privatisation programme Angola has ever seen – and likely one of the largest in Africa – will begin this year, involving some of the country’s most important companies.
Mozambique
13 August 2019

Challenges Before Mozambican Gas Flows to Asia

After many delays, 2019 has become the year when, finally, both liquified natural gas (LNG) projects in Cabo Delgado, in northern Mozambique, are underway.
São Tomé and Príncipe
27 June 2019

Companies turn to the waters of São Tomé and Príncipe

Oil production is a decades-old dream for São Tomé and Príncipe, especially for its cash-starved government and new developments in the country’s Exclusive Economic Zone (EEZ), which neighbour those of important oil-producing countries like Equatorial Guinea and Gabon, have made major oil companies look twice.
Mozambique
21 June 2019

Anadarko gives the green light to Mozambique LNG

U.S. firm Anadarko has taken the final investment decision on the Area 1 Mozambique LNG project, with first gas expected in 2023.
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