Kenya: Energy Regulator Unveils New Fuel Pricing Framework
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has introduced a new fuel pricing model that seeks to balance the interests of consumers, investors and the government while ensuring price stability in Kenya’s petroleum sector.
Speaking at a stakeholder meeting in Nairobi, EPRA Director General Daniel Kiptoo Bargoria emphasised that the revised pricing structure, developed after extensive consultations, aims to reflect the real costs incurred across the fuel supply chain.
Kiptoo said that the study behind the model considered key factors such as taxation, transportation costs, exchange rate fluctuations, and global oil prices.
“The last review was conducted in 2018, and since then, the economic landscape has significantly changed,” he said, adding that this new model took into account inflation, the depreciation of the Kenyan shilling, and changes in international oil markets to ensure a fair pricing system.
Also making his remarks was the Director of Economic Regulation and Strategy Directorate at EPRA, Dr. John Mutua, who highlighted key areas of focus, including petroleum product procurement, transportation costs, and retail pricing.
Mutua reiterated that the study examined the existing petroleum pricing formula, assessing the accuracy of various cost parameters from importation to retail distribution.
According to him, one of the significant revelations was the impact of fluctuating global oil prices and exchange rate instability.
He insisted that the shift from the Open Tender System (OTS) to a Government-to-Government (G2G) procurement arrangement with Abu Dhabi National Oil Company (ADNOC) and Emirates National Oil Company (ENOC) has helped stabilize fuel supply but has also introduced higher premiums.
Further, he announced that EPRA was also working towards improving demand forecasting, especially for Liquefied Petroleum Gas (LPG) and kerosene, which have experienced significant market shifts.
Additionally, Dr. Mutua disclosed the authority was looking into adjusting transportation costs, which have remained unchanged since 2010 despite rising fuel and labour expenses.
“Retail operating margin at the moment is 4.14. For super, in the first phase, it will increase to 4.96, which is 0.82. And lastly, secondary transport, 0.54. We will adjust to 0.86 in the first phase. And then now, the others will replace them,” declared the director.
Meanwhile, the review also touched on infrastructure investments, including pipeline expansions and storage facilities, to enhance fuel distribution efficiency across the country and the East African region.
To ensure fair pricing, EPRA is proposing phased implementation of price adjustments, with increments expected in various margins, including retail and wholesale profits, transportation, and storage costs.
Further, the new pricing model aims to balance affordability for consumers while sustaining the petroleum supply chain.
Source:https://energynewsafrica.com
Uganda Embraces Electric Mobility With Launch Of First EV Charging Station
Uganda has taken a significant step towards promoting sustainable mobility and reducing carbon emissions with the launch of its first-ever Electric Vehicle (EV) charging station at Amber House in Kampala.
This initiative, led by the Ministry of Energy and Mineral Development, aims to support the growing number of electric vehicles in the country, which already stands at nearly 3,000, including motorcycles, cars, and buses.
The newly unveiled charging station boasts a power output ranging from 30kW to 360kW, allowing vehicles to recharge in as little as 15 minutes to 1.5 hours.
Minister of Energy and Mineral Development Ruth Nankabirwa emphasized the importance of transitioning to electric mobility, stating, “The shift to electric vehicles offers numerous benefits, including lower fuel costs, reduced maintenance expenses, and, most importantly, a cleaner and greener future.”
Nankabirwa also noted that the transport sector is a leading contributor to greenhouse gas emissions, making electric mobility a crucial solution in combating climate change.
“Globally, the adoption of electric mobility is still relatively low, but Uganda is making commendable progress. With this EV charging station, we are laying the foundation for an eco-friendly transportation system,” she added.
Uganda’s transition to electric mobility aligns with its clean energy policy, which leverages the country’s more than 90% renewable electricity production.
The government has pledged full support for e-mobility through strategic policies, investments, and incentives.
Eng Simon Kalanzi, a representative from the Permanent Secretary’s office at the Ministry of Energy, reaffirmed this commitment, stating, “With fast-charging stations now operational, the government is taking a direct lead in sustainable mobility through its energy policy and efficiency initiatives.”
Kalanzi also highlighted the critical role of the private sector in the transition, saying, “We are working with private sector partners to attract investments in sustainable mobility and energy-saving solutions.”
The global e-mobility market is expanding rapidly, projected to surge from $280 billion in 2021 to $1.5 trillion by 2030, with a Compound Annual Growth Rate (CAGR) of 27.2%.
However, the transportation sector remains a significant contributor to greenhouse gas emissions, accounting for 10% of total emissions in Africa.
Despite the benefits, Uganda’s e-mobility sector faces several challenges, including the establishment of operational standards, regulatory frameworks, and expanding infrastructure. Financial institutions, such as NCBA Bank Uganda, are stepping in to support this transition.
Adad Iraguha, Head of Asset Finance at NCBA Bank Uganda, expressed the bank’s commitment to facilitating e-mobility adoption, saying, “As a bank, we are ready to finance Ugandans at low interest rates who wish to purchase electric vehicles and bikes. This will accelerate the uptake of e-mobility in the country.”
Source:https://energynewsafrica.com
Nankabirwa also noted that the transport sector is a leading contributor to greenhouse gas emissions, making electric mobility a crucial solution in combating climate change.
“Globally, the adoption of electric mobility is still relatively low, but Uganda is making commendable progress. With this EV charging station, we are laying the foundation for an eco-friendly transportation system,” she added.
Uganda’s transition to electric mobility aligns with its clean energy policy, which leverages the country’s more than 90% renewable electricity production.
The government has pledged full support for e-mobility through strategic policies, investments, and incentives.
Eng Simon Kalanzi, a representative from the Permanent Secretary’s office at the Ministry of Energy, reaffirmed this commitment, stating, “With fast-charging stations now operational, the government is taking a direct lead in sustainable mobility through its energy policy and efficiency initiatives.”
Kalanzi also highlighted the critical role of the private sector in the transition, saying, “We are working with private sector partners to attract investments in sustainable mobility and energy-saving solutions.”
The global e-mobility market is expanding rapidly, projected to surge from $280 billion in 2021 to $1.5 trillion by 2030, with a Compound Annual Growth Rate (CAGR) of 27.2%.
However, the transportation sector remains a significant contributor to greenhouse gas emissions, accounting for 10% of total emissions in Africa.
Despite the benefits, Uganda’s e-mobility sector faces several challenges, including the establishment of operational standards, regulatory frameworks, and expanding infrastructure. Financial institutions, such as NCBA Bank Uganda, are stepping in to support this transition.
Adad Iraguha, Head of Asset Finance at NCBA Bank Uganda, expressed the bank’s commitment to facilitating e-mobility adoption, saying, “As a bank, we are ready to finance Ugandans at low interest rates who wish to purchase electric vehicles and bikes. This will accelerate the uptake of e-mobility in the country.”
Source:https://energynewsafrica.com Chinese State Refiners Cut Russian Oil Imports Amid Sanctions Uncertainty
Some state-controlled Chinese refiners have reduced purchases of Russian oil loadings for March as they assess the risks of dealing with sanctioned entities and wait for more clarity about a possible Russia-Ukraine ceasefire and potential U.S. sanctions relief on Russia’s oil trade.
State-owned refining giant China Petroleum and Chemical Corporation, or Sinopec, as well as Zhenhua Oil, have suspended purchases of Russian crude oil loading this month, amid concerns over secondary sanctions, trade sources with knowledge of the plans told Reuters on Friday.
Oil giants PetroChina and CNOOC continue to buy Russian oil for March loadings, but at reduced rates, according to some of the Reuters sources.
While state oil firms in China either halt or reduce Russian oil volumes, at least for now, the independent refiners in China, which prefer to buy cheaper Russian and Iranian oil, are picking up the slack.
Chinese oil majors have adopted a more cautious approach toward Russian grades following the U.S. sanctions, Emma Li, senior market analyst at Vortexa, wrote in an analysis this week.
“Even when transported via non-sanctioned tankers, their ESPO Blend purchases were limited. Market sources indicate that some state-owned companies have completely halted Russian crude purchases in March after scaling back in February,” Li added.
Chinese state majors refraining from Russian oil has dampened demand not only for ESPO, but also for other Russian crude grades, including Urals and Arctic crude, according to the analyst.
The independent refiners, for their part, boosted purchases of Russia’s Far East flagship ESPO Blend and more February-loading cargoes were delivered to the Shandong and Jiangsu provinces, primarily to teapot refiners, Vortexa has estimated. In January, the independent refiners preferred to reduce runs rather than seek alternative barrels amid uncertainties surrounding ESPO supply, Li noted.
A massive reshuffle of tankers allows non-sanctioned vessels to pick up trade with Russian and Iranian oil, which will result in a rebound in China’s imports of cheaper crude from the two producers in March, from a two-year low in February, analysts and traders have told Reuters.
Source: Oilprice.com
Nigeria: Vandals Strike Owerri-Ahoada Transmission Line, Leave Bayelsa State And Parts Of Rivers State In Darkness
The Transmission Company of Nigeria (TCN) has reported that four of its towers along the Owerri-Ahoada 132kV Double Circuit line were vandalized, causing them to collapse on Tuesday, March 11, 2025, at around 6:23 pm.
The affected towers, T171 to T174, were compromised due to the vandalism, disrupting power supply to the Ahoda, Gbarain, and Yenagoa 132kV transmission substations, TCN said in a statement.
This has left the entire Bayelsa State and some parts of Rivers State without electricity.
According to TCN, a team of engineers, led by General Manager Emmanuel Apka, has assessed the damage and is working to mobilize personnel and materials for repairs.
TCN condemned the act of vandalism, which undermines efforts to establish a robust transmission grid.
This incident comes just months after Bayelsa endured a four-month blackout in 2024 due to similar vandalism of power infrastructure.
The economic and social impact of these disruptions has been severe, with businesses and residents bearing the brunt of the outages.
TCN called on host communities to join the fight against vandalism of power infrastructure.
The company further appealed to host communities to report any suspicious activities around power transmission lines and substations to help prevent future incidents.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com Ghana: ACEP Trains Journalists On Chinese Lending Strategy & Its Impact On Debt Sustainability
The African Centre for Energy Policy (ACEP) has organised a day’s workshop in Accra for media personalities from Ghana, Nigeria and other African countries.
The workshop, which was held on Wednesday, 12th March 2025, hinged on Chinese Lending Strategy and Ghana’s Debt Sustainability.
It was aimed at resourcing and educating the media on how to understand the Chinese lending strategy to enhance the knowledge of participants who write about such important subjects.
Taking participants through ACEP’s funding on Chinese lending strategy and Ghana’s debt sustainability, an analyst at the centre, Mr. Mohammed Saani Osman, stated that their research has exposed bottlenecks in Ghana’s debt sustainability to China and therefore recommended these steps to deal with it.
ACEP, through this medium, is proposing to government to adopt proactive measures to negotiate better lending terms, supported by cost-benefit analysis for such loan agreements in future.
“Ghana needs a long-lending strategy on how to contract loans, while ensuring long-term debt sustainability,” he stressed.
Additionally, ACEP recommends that government should prioritise medium to long-term benefits when engaging with China or other bilateral partners rather than seeking to fulfil short-term political gains.
Besides, the think-tank has tasked government to widen domestic resource generation mechanisms and promote private sector partnership in infrastructural development, including finding innovative financing models for infrastructural projects in the country.
Additionally, ACEP is tasking the media and civil society groups to take active interest in how government contract loans, so that they could point out holes in shoddy and shady loans which would not benefit ordinary Ghanaians.
Taking participants through the Chinese lending strategy, Mr. Osman said their research, which is yet to be published, found out that the Chinese use anti-Paris Clauses that are opaque in giving loans to creditors, and this makes it too expensive to service such loans.
“Characteristics of the Chinese lending oblige the borrower to refrain from seeking debt restructuring with the Paris Club,” he stated.
He also explained that since their loans are enveloped in opacity, it smacks of confidentiality clauses, making it difficult for little or no disclosure, concerning the size, scope and terms of payment.
“As of 2016, an estimated $200, about 50% of the total debt volume of Chinese loans, reported are hidden from official statistics”, the think-tank mentioned.
Another strategy deployed by this Asian giants is the use of resource-backed collaterals which, Mr Saani said, are typified by mortgaging Ghana’s oil and gas receipts for payment of $3bn master facility agreement, mortgaging our bauxite deposits for the repayments of the Sinohydro deal.
“The interest rates are equally high. Credit contracts in the Chinese sample, exhibit distinctively higher interest rates than those of other bilateral partners,” the analyst lamented.
Focusing on the key sector projects financed by the Chinese in Ghana’s sector, he mentioned the Bui Dam, the West Corridor Gas Infrastructure Project, Offshore Gas Gathering Pipeline, Early Phase Gas Processing Plant, Offshore and Gas Truck Pipeline, among many others.
Because of Ghana’s challenges in dealing with its debt serving, the country’s debt service to revenue-rate reached an all-time high of 127% in 2020 – the highest ever in the world according to the IMF in 2023.
Touching on how much of the loans was invested in the energy sector, he said that is about $148bn in loans between 2010 and 2018, which are mainly for infrastructural projects.
With reference to investment in Africa, ACEP said it is about $37bn committed to the energy sector.
Source: https://energynewsafrica.com
Ghana: Energy Minister Inaugurates Committee To Probe Akosombo Dam Spillage
The Minister for Energy and Green Transition, John Abdulai Jinapor, has inaugurated a five-member committee to investigate issues arising from the flooding caused by the spillage of the Akosombo Dam in September 2023.
This initiative underscores the government’s commitment to managing the environmental impact and ensuring the safety and well-being of affected communities.
The committee, chaired by Ing. Kirk Koffi, has been tasked with examining the events leading to the spillage, assessing the extent of the response to the flooding, identifying affected areas and challenges encountered during the process, and evaluating the strategies adopted to address the impact.
Additionally, both immediate and long-term measures are expected to be recommended to prevent similar occurrences in the future.
During the inauguration, Mr Jinapor emphasised the importance of a coordinated response to mitigate the effects of the flooding on affected individuals. “If there ought to be compensation, how does the government go about it?” he quizzed
He highlighted the need for sustainable planning and flood management strategies and urged key stakeholders, including local government officials, community leaders, and environmental experts, to provide the committee with relevant information to aid its work.
Mr Jinapor further assured the committee of his full support in carrying out its assignment effectively.
In response, the committee chair, Ing. Kirk Koffi, expressed gratitude for the opportunity to undertake such a crucial task and assured the minister of their commitment to delivering on their mandate.
Other committee members include Mr. Kwame Jantuah, Ing. Kofi Ellis, Ing. Kwaku Akosa, and Ms. Georgette Emefa Fugah, Esq. (secretary).
The inauguration of the committee reflects a proactive government approach to addressing the challenges of flooding, demonstrating a commitment to improving the living conditions of victims and ensuring community protection.
The committee has been given a period of one month to complete its work.
Source:htttps://energynewsafrica.com
Additionally, both immediate and long-term measures are expected to be recommended to prevent similar occurrences in the future.
During the inauguration, Mr Jinapor emphasised the importance of a coordinated response to mitigate the effects of the flooding on affected individuals. “If there ought to be compensation, how does the government go about it?” he quizzed
He highlighted the need for sustainable planning and flood management strategies and urged key stakeholders, including local government officials, community leaders, and environmental experts, to provide the committee with relevant information to aid its work.
Mr Jinapor further assured the committee of his full support in carrying out its assignment effectively.
In response, the committee chair, Ing. Kirk Koffi, expressed gratitude for the opportunity to undertake such a crucial task and assured the minister of their commitment to delivering on their mandate.
Other committee members include Mr. Kwame Jantuah, Ing. Kofi Ellis, Ing. Kwaku Akosa, and Ms. Georgette Emefa Fugah, Esq. (secretary).
The inauguration of the committee reflects a proactive government approach to addressing the challenges of flooding, demonstrating a commitment to improving the living conditions of victims and ensuring community protection.
The committee has been given a period of one month to complete its work.
Source:htttps://energynewsafrica.com Ghana: Energy Ministry Partners With GCB To Revamp Ghana Cylinder Manufacturing Company
Ghana’s Ministry of Energy and Green Transition has initiated plans to revamp the Ghana Cylinder Manufacturing Company (GCMC) to enhance its production capacity and efficiency.
This move aims to strengthen local manufacturing, ensure energy security, and promote sustainable industrial growth in Ghana.
In a high-level meeting chaired by Minister John Abdulai Jinapor, discussions were held with Ghana National Gas Company (Ghana Gas) and Ghana Commercial Bank (GCB) to forge a strategic partnership.
The partnership will provide necessary support for GCMC’s full-scale operations, focusing on producing high-quality LPG cylinders for domestic and industrial use.¹
Minister Jinapor emphasised GCMC’s potential to contribute to Ghana’s clean energy agenda and local manufacturing industry.
To facilitate this transformation, a committee will develop a comprehensive roadmap for cabinet consideration. If approved, a Joint Project Implementation Committee will oversee the successful execution of the revitalization plan.
The meeting was attended by key stakeholders, including Mr. Abdul-Rahman Mankir, the Acting Managing Director of GCMC; Madam Judith Blay, Acting CEO of Ghana Gas; Dr. Robert Lartey, Deputy CEO of Ghana Gas; Alhaj Farihan Alhassan, Managing Director of Ghana Commercial Bank; and officials from the Ministry of Energy and Green Transition.
According to the Ministry, it remains committed to strengthening local manufacturing, ensuring energy security, and promoting sustainable industrial growth in Ghana.
Source:https://energynewsafrica.com
Uganda: Minister For Energy Urges Ugandans To Bear With Power Outages Until April 2025
Ugandan Minister for Energy and Mineral Development, Ruth Nankabirwa Ssentamu, has asked Ugandans to bear with the ongoing power outages, attributing them to the transition period following Umeme’s impending exit.
According to her, the disruptions may continue until April 2025, as the government seeks funding to strengthen the Uganda Electricity Distribution Company Limited (UEDCL) ahead of its takeover from Umeme Limited.
Minister Ssentamu’s remarks came in response to concerns raised by Brenda Nabukenya, the Woman MP for Luwero District on Tuesday during plenary sitting, who decried the severe power shortages in her area.
According to Nabukenya, Luwero has been receiving electricity for only 2 to 6 hours a day over the past two months, significantly affecting businesses and health facilities.
“Luwero has gone nearly one and a half months with unreliable power supply. It comes for just a few hours between 2 and 6 and then goes off again. This is unsustainable.
Businesses cannot rely on generators, and health facilities need steady electricity for storing vaccines and essential medicines. Electricity is not free we pay for it so why should we keep demanding a service we are entitled to? Umeme has failed to deliver, and they must ensure we have electricity,” Nabukenya stated.
Minister Nankabirwa acknowledged the challenges, explaining that the government’s decision not to invest further in Umeme before the concession’s expiry on February 28, 2025, had led to reduced investment by the company itself.
As a result, response times to power failures whether due to transformer breakdowns, fallen trees, or other faults have slowed.
“We are in the final stages of Umeme’s concession, which officially ended on February 28, 2025. We are currently in the transition period. Since the government chose not to invest more in Umeme, the company also reduced its investments, limiting our ability to respond swiftly to power outages,” Nankabirwa explained.
However, she reassured Parliament that efforts are underway to address the issue, citing a loan proposal currently before Parliament.
If approved, the funding will help UEDCL prepare for the transition and improve its ability to respond to outages efficiently.
“I promise that by April 1, 2025, this situation will improve significantly if Parliament approves the loan, which includes funds for UEDCL. This will allow the company to respond promptly to power issues without lengthy bureaucratic delays.
I ask MPs and the public to bear with us during this temporary inconvenience. In the meantime, I will verify if there are any additional causes of the outages and work towards a resolution,” Nankabirwa assured.
Source: https://energynewsafrica.com
U.S. Natural Gas Demand Set To Stay At Record High In 2025 And 2026
Data centers and liquefied natural gas exports are set to keep natural gas demand in the United States at a record high this year and next, energy executives said at CERAweek. Infrastructure shortages, however, could make growth problematic.
“We have the gas, we just don’t have the pipelines to get it to places, so now you see a situation where it doesn’t matter how much we produce,” EQT’s Toby Rice told Reuters on the sidelines of the event in Houston.
According to Rice, project cancellations and obstacles put in the way of new natural gas pipelines have led to higher electricity bills for Americans, at a rate of 35% over the last eight years.
The two main driving forces of greater natural gas demand this year and next would be artificial intelligence, which requires a lot of electricity, and LNG exports as the U.S. remains the top player in this field, with more production capacity set to come on stream in the next few years.
According to federal government projections, LNG production this year could average 105.2 billion cu ft daily—if the pipelines are there to carry the gas from the field to the liquefaction trains.
Yet LNG producers are not having it all easy. Earlier this week, Reuters reported that some U.S. LNG exporters were looking to raise their delivery prices in renegotiations of contracts with buyers as rising costs have reduced the profitability of LNG projects in recent years.
One of these is Energy Transfer, which is already in talks with buyers. “We don’t like those prices. So, yes, we are renegotiating those,” the company’s co-CEO Marshal McCrea told analysts during Energy Transfer’s latest earnings call.
Other LNG developers and exporters have also been trying to renegotiate contract prices with buyers amid a rise in construction, liquefaction, and labor costs in recent years. These costs have made the new projects more expensive than they were when initial plans were laid out.
Source: Oilprice.com
Kenya: KenGen Joins Forces With WRC Safari Rally 2025 In Historic Green Energy Partnership
The Kenya Electricity Generating Company PLC (KenGen) has announced a transformative partnership with the World Rally Championship (WRC) Safari Rally 2025, positioning Kenya as a global leader in sustainable energy integration within high- performance sports.
Speaking at the unveiling of the partnership, KenGen’s Managing Director and CEO, Eng. Peter Njenga, underscored the significance of the alliance, describing it as a bold step toward a cleaner, more energy-efficient future.
“Our partnership with WRC Safari Rally 2025 is more than a collaboration; it is a powerful statement of intent,” Njenga said.
“It exemplifies how global sports and energy innovation can converge to redefine sustainability in high-performance environments.”
The NSE-listed firm’s CEO went on to say: “This partnership represents a perfect alignment of innovation, sustainability, and national pride, as we celebrate our renewable energy leadership through the KenGen Geothermal Stage.”
At the heart of the partnership is the introduction of the KenGen Geothermal Stage, set against the backdrop of Olkaria, Africa’s largest geothermal power hub.
The stage will serve as a live demonstration of how cutting-edge renewable energy solutions can seamlessly integrate with the adrenaline-fueled world of rally racing.
“This is perhaps the only place in the world where large-scale energy investments operate
alongside nature without altering the environment but rather enhancing it,” Njenga noted.
KenGen, the leading electricity producer in Eastern Africa, is leveraging its expertise in geothermal, wind, and hydropower to revolutionize energy access while reducing carbon emissions.
The company has committed to several groundbreaking sustainability initiatives at the 2025 rally, including electric vehicle (EV) charging stations powered by geothermal energy to reduce the event’s carbon footprint, solar-powered infrastructure to minimize reliance on fossil fuels, and an energy-efficient rally village demonstrating scalable clean energy solutions.
Beyond sustainability, the partnership is driving inclusivity within motorsport. KenGen announced a Ksh. 500,000 sponsorships for Kenya’s top lady rally driver, Pauline Sheghu, reinforcing its commitment to breaking gender barriers in a traditionally male-dominated sport.
“Pauline, as you take to the track, you carry with you not just the KenGen brand but also the hopes of young girls and future motorsport champions across Africa. We are behind you all the way,” Njenga said.
KenGen also introduced gender-focused initiatives such as Pink Energy and Blue Energy, aimed at empowering women and young professionals in clean energy and sports.
KenGen is also enhancing the rally fan experience through innovation-driven engagements, including interactive clean energy hubs where fans can experience geothermal and other green energy technologies firsthand, real-time renewable energy demonstrations showcasing Kenya’s clean energy leadership and to highlight the impact of sustainable power solutions.
“We are also partnering with Enashipai Resort and Spa to offer the best of hospitality to our guests while showcasing world-class sustainability in the hotels industry,” said Eng. Njenga.
KenGen’s investment in the WRC Safari Rally 2025 extends beyond motorsport.
The initiative aligns with Kenya’s broader ambition to be a global benchmark for clean energy adoption.
“The energy transition is no longer an aspiration; it is a global imperative,” Njenga emphasized.
“This partnership allows us to engage international investors, policymakers, and industry leaders while showcasing Kenya’s renewable energy advancements on a world stage.”
As the countdown to the WRC Safari Rally 2025 begins, KenGen’s commitment to sustainability, innovation, and inclusivity sets a new precedent for global motorsport events.
“This is more than just a rally; it is a moment where Kenya’s sporting heritage meets its renewable energy future,” Njenga concluded.
“Let us drive the future together.”
Source: https://energynewsafrica.com
Nigeria: KEDCO Secures Major Victory In Fight Against Vandalism
Kano Electricity Distribution Plc. (KEDCO) has announced a significant milestone in its fight against vandalism, securing multiple convictions in recent cases.
This achievement demonstrates the company’s commitment to collaborating with law enforcement agencies and the judiciary to protect its power infrastructure.
In January 2025, four individuals – Abdullahi Isa, Usman Abdullahi, Mustapha Ya’u, and Nazifi Ali – were convicted for vandalism and receiving stolen property.
They received sentences ranging from 6 to 22 months imprisonment, with fines and compensation payments totaling N900,000.
Another notable conviction was secured on February 20, 2025, when Ukashatu Auwal was found guilty of vandalizing aluminum conductors in Jigawa State.
Auwal was sentenced to 1 year imprisonment or a fine of N100,000, along with a compensation payment of N300,000 to KEDCO.
Abubakar Yusuf, Managing Director/CEO of KEDCO, commended the judiciary and expressed strong support for the judgments.
“We welcome these judgments as crucial steps toward protecting our power infrastructure. The persistent problem of vandalism has been a major challenge for KEDCO, causing power outages and huge financial losses.”
According to Abubakar Yusuf, KEDCO remains committed to serving the people of Kano, Katsina, and Jigawa States, and with the support of the judiciary and security forces.
He was confident in overcoming the challenges and delivering efficient services to its valued customers.
The company has also called for swift and stringent judgments on other pending vandalism cases and encouraged the public to report any suspicious activities related to electricity infrastructure to the authorities.
Source:https://energynewsafrica.com
Gabon: BW Energy Makes Major Oil Discovery In Bourdon Prospect
BW Energy, a Norwegian oil firm has made a significant oil discovery in the Bourdon prospect, located offshore Gabon in the Dussafu Licence.
According to the company, the discovery features approximately 34 metres of pay in a 45-metre hydrocarbon column in the Gamba formation, making it the largest hydrocarbon column discovered to date in the licence.
The well was drilled by the Norve jack-up rig to a total depth of 4,135 metres. BW Energy plans to book additional reserves not included in its 2024 Statement of Reserves.
“The Bourdon appraisal well again confirms the significant resource potential of the Dussafu licence, which holds multiple additional prospects,” said Carl K. Arnet, CEO of BW Energy.
“We will now carefully review the drilling results, but initial data indicates the potential for establishing a new development cluster with a production facility following the MaBoMo blueprint. We are evaluating a second sidetrack to further appraise the discovery.”
The Bourdon discovery is strategically located approximately 15 kilometres west of the BW Adolo FPSO and 7.5 kilometres southeast of the MaBoMo facility.
Source:https://energynewsafrica.com
Israel Cuts Electricity To Last Facility In Gaza Receiving Israeli Power
Israel says it has cut the flow of electricity to the last facility in Gaza that was still receiving power from the Israel Electric Corporation.
“I just signed an order for the immediate halt of electricity to the Gaza Strip,” Israeli Energy Minister Eli Cohen said in a statement, adding that the country would “operate all of the tools that are at our disposal, to ensure the return of all the hostages.”
Israel cut off electricity supplies to Gaza following the Hamas’ attacks of October 7, 2023, in which more than 1,200 people were killed and 251 taken hostage, but the Israel Electric Corporation (IEC) had since reconnected power to a wastewater treatment facility following a government directive.
A spokesperson for the IEC confirmed to CNN that, “Today, a directive was received to disconnect the (electricity) to the facility, and this was done.”
Israel’s decision will intensify the enclave’s existing water crisis, with the cutoff severely impacting desalination efforts, local officials said.
“There is already water scarcity, and the position of the Israeli government will intensify this crisis in Gaza Strip,” the mayor of Gaza municipality Asem Al Nabih told CNN Monday. “Cutting off the electricity (to) Gaza will increase the need for water, especially drinking water.”
The last working desalination plant in Gaza had already been relying mostly on diesel generators or solar panels for power before Israel announced it was cutting the remaining power supply to Gaza, but the decision will still have a severe impact on desalination efforts in the enclave, according to the mayor of the central Gaza city of Deir al-Balah, Nizar Ayyash.
“In addition to our severed supply line, there will be a 70% reduction in the amount of desalinated water suitable for drinking in the central region and the south,” Ayyash explained.
But Hamas’ spokesperson Hazem Qassem suggested the move would have little practical effect given the earlier cutoffs. However, he criticized it as “behavior that confirms the occupation’s intent to continue its genocidal war against Gaza, through the use of starvation policies, in clear disregard for all international laws and norms.”
Since Israel launched its war on Hamas in Gaza in response to the October 7 attacks, Gazans have relied largely on generators and solar power for electricity.
Far-right Israeli politician Itamar Ben Gvir welcomed the energy ministry’s latest move, and urged the government to go even further, by targeting the fuel that had entered the enclave following the ceasefire and hostages deal agreed between Israel and Hamas.
“The Gaza Strip must be completely and immediately blacked out as long as even one Israeli hostage is being held there,” he said. “Israel must bomb the huge fuel depots that entered the Strip as part of the unfortunate deal, as well as the generators operated by Hamas.”
The news comes even as talks over the fragile ceasefire and hostage deal between Israel and Hamas take place.
Last week, Israel announced it would stop the entry of all humanitarian aid into the enclave to pressure Hamas into accepting new terms for an extension of the ceasefire agreement after the initial phase of the truce expired.
Israel wants to extend the first phase of the deal to continue the exchange of hostages, alive and deceased, in return for the continued release of Palestinian prisoners and the flow of higher volumes of aid into Gaza – but without any commitment to permanently ending the war. Hamas has insisted on moving forward with the second phase of the ceasefire deal, which involves negotiations for a permanent end to the war in Gaza.
A Hamas delegation arrived in Cairo on Friday to discuss the ceasefire deal and to push for a potential second phase of the agreement, while Israel said Saturday it had “accepted an invitation” from US-backed mediators to send an Israeli delegation to Doha on Monday, “in an effort to advance the negotiations.”An Israeli source told CNN that Israel was “giving negotiations a chance” before it returns to fighting in Gaza.
US President Donald Trump’s special envoy for hostages Adam Boehler expressed optimism Sunday about a potential truce between Israel and Hamas following direct talks with the militant group this week.
“I think something could come together within weeks. I will say that I believe there is enough there to make a deal between what Hamas wants and what they’ve accepted and what Israel wants and it’s accepted. And I think there is a deal where they can get all of the prisoners out, not just the Americans,” Boehler told CNN’s Jake Tapper on “State of the Union.”
Fifty-nine hostages are thought to remain in Gaza, more than half of whom are thought to be dead, according to the Israeli Prime Minister’s Office. Five of the 59 are American Israelis, only one of whom – Edan Alexander – is still alive.
On Sunday, senior Hamas official Taher Al Nunu was quoted by Al Aqsa TV – a channel affiliated to the militant group – as saying that it did not oppose releasing Alexander as part of negotiations to end the war.
Hamas had related that message to US officials during recent talks focused on implementing an interim agreement aimed at ending the war, Al Nunu said.
Source: CNNKenya: KenGen Posts Impressive Dividend Payout Of Ksh.4.3 Billion For 2024, Promises Robust Expansion In 2025
Kenya Electricity Generating Company PLC (KenGen), East Africa’s leading electricity generator, announced a record dividend payout totaling Ksh.4.3 billion to its shareholders on Wednesday, March 12, 2025.
The payout included a disbursement of Ksh.3 billion to the Government of Kenya, the company’s majority shareholder.
This marked a 117% per-share increase over the previous year, following a profit after tax of Ksh.6.8 billion for the year ended June 30, 2024.
KenGen disclosed this in a statement issued on Wednesday, March 12, 2025.
Earlier, on February 13, 2025, KenGen paid out 30% of the dividend, amounting to approximately Ksh.1.3 billion, to private and institutional shareholders.
Cabinet Secretary for National Treasury and Economic Planning, John Mbadi, praised KenGen, saying, “We are immensely proud of KenGen as a model of excellence for the National Treasury. Their stability, cost efficiency, and reliability in energy supply are key indicators of our nation’s economic performance.”
State Department for Energy Permanent Secretary Alex Wachira noted, “KenGen is well-run, consistently delivering profit year after year. Moving forward, our focus will be on supporting new projects in geothermal, hydro, solar, and wind through backing from the National Treasury to help access funds from development partners.”
KenGen Chairman Agoi attributed the achievement to sustained efforts to boost electricity generation, enhance operational efficiencies, and execute prudent financial management. “Our dividend payout is not merely a financial milestone but a clear reflection of effective policy collaborations and our commitment to Kenya’s growth.”
CEO, Eng. Njenga, echoed these sentiments, adding, “Our performance demonstrates our ability to balance immediate shareholder returns with long-term investments in Kenya’s energy future. This dividend is a tangible affirmation of our strategic focus, which has optimized our operations and reinforced our leadership in the power generation sector.”
During the formal cheque handover ceremony, Hon. Mbadi commended the Ministry of Energy and Petroleum and KenGen for a rare occasion where the government receives money from local agencies.
The substantial increase in dividend payout is expected to boost investor confidence in KenGen shares, reaffirming the company’s position as one of the top dividend-paying stocks on the Nairobi Securities Exchange. The Government of Kenya owns a 70% stake in the NSE-listed company, while private investors own 30%.
Source: https://energynewsafrica.com