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LATEST ARTICLES
Zambia Launches 250MW Solar And 150MW Battery Storage Project At Leopard Hill
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Nigeria: Power Minister Adebayo Adelabu Resigns, Proposes Appointment Of Coordinating Minister For Energy
Ghana: NPA Gathering Tanker Accident Videos To Identify And Prosecute Fuel Scoopers – CEO
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Egypt: Eni, Petroleum Minister Hold Talks On Oil And Gas Exploration Amid Rising Demand
Ghana: Eni, OCTP Partners Vitol & GNPC Sign MoU With Ghana Health Service To Expand Healthcare Access In Western Region
Eni has been present in Ghana since 2009, with offshore hydrocarbon exploration and production activities, and currently has an equity production of about 40,000 barrels of oil equivalent per day.
The company is the operator of the OCTP project, holding a 44.4% share, in partnership with Vitol (35.6%) and the Ghana National Petroleum Corporation (20%).
The joint venture’s portfolio also includes projects in the areas of training, economic diversification, access to water and sanitation, and access to energy.
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Nigeria: Power Minister Adelabu Adebayo Set To Resign To Pursue Governorship Ambition — Adviser Confirms

Kenya: Police Arrest 11 #RejectFuelPriceProtesters
The arrests were made near the National Archives, where anti-riot officers broke up a gathering linked to the #RejectFuelPrice protests.
Nairobi Regional Police Commander Issa Mohamud confirmed the arrest and detention of 11 protesters.
Police presence was significantly heightened across the CBD, although business activity, as well as pedestrian and vehicular movement, remained largely normal.
Protest activity in the capital was limited and largely contained, with authorities maintaining a heavy and sustained deployment to deter further mobilization.
Elsewhere, isolated incidents were reported without major disruption. In Kirinyaga County, a bonfire was lit in Mwea Town, though normal operations continued. In Emali Town, Makueni County, increased police presence was observed, but no protests were reported.
A similar security posture was noted in Mlolongo, Machakos County, where the situation remained calm.
The protests come amid growing public frustration over high fuel costs, which have triggered periodic calls for demonstrations in recent weeks.
Ghana’s Nuclear Crossroads: Between Ambition And Stagnation (Opinion)
| What We Stand to Gain | What We Stand to Lose |
| Industrial Stability: 18-month refuelling cycles provide a “no-blink” grid for 24-hour manufacturing. | Economic Volatility: Permanent dependence on global oil price swings and fragile gas infrastructure. |
| Energy Sovereignty: Reduced reliance on imported fuels and external market shocks. | Technological Flight: Loss of millions of dollars in human capital investment as experts migrate. |
| Climate Leadership: A massive leap toward Net Zero commitments and green industrialisation. | Reputational Damage: Loss of status as a regional leader, making future infrastructure financing harder. |
| Job Creation: Thousands of high-tech jobs in welding, masonry, carpentry, food, engineering, safety, environment, and specialised construction. | Stagnation Costs: Massive “restart costs” in the future if the current momentum is fully lost. |

- Investment Churn: Investors won’t commit to 24-hour facilities without guaranteed uptime.
- Expert Flight: The scientists and engineers trained for this nuclear mission are abandoning the country and are already looking toward more active programmes abroad.
- Compounded Costs: The longer the delay, the higher the eventual financing and “restart” costs of the nuclear power plant.
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Ghana: ZEN Petroleum Raises Gh¢640M In IPO, To List On GSE April 22
The amount represents 20 percent of its issued share capital.
The IPO, which opened on March 25 and closed on March 31, 2026, attracted strong investor demand, with total bids reaching GH¢970.2 million—an oversubscription of 94 percent.
Institutional investors dominated the offer, accounting for 99.3 percent of total bids, underscoring strong confidence in ZEN Petroleum’s business model, operational track record, and long-term growth prospects.
Founded in 2010, ZEN Petroleum has grown into a fully integrated Ghanaian energy company, with operations spanning trading, storage, distribution, retail, and logistics within the downstream petroleum sector. The company currently employs approximately 1,500 people.
The listing is expected to enhance ZEN’s access to long-term capital, strengthen its corporate governance structures, and boost its visibility within Ghana’s capital markets.
Proceeds from the IPO are expected to support the company’s strategic expansion across its downstream operations.
The listing ceremony will be held in collaboration with key transaction partners, including the Ghana Stock Exchange, the Central Securities Depository (Ghana) Limited, and Stanbic Bank Ghana Limited.
Commenting on the upcoming listing, ZEN management stated:“Our upcoming listing is a defining moment for ZEN Petroleum and a testament to the trust our investors have placed in us. From our beginnings in 2010, we have built the business with a clear focus on quality, discipline, and long-term value creation. As a publicly listed company, we are committed to upholding the highest standards of governance and delivering sustainable value for our shareholders, while contributing meaningfully to Ghana’s energy sector and capital markets.”
ZEN also acknowledged the professional advisory teams whose expertise was instrumental in the successful execution of the transaction: Temple Investments as Issuing House and Lead Manager; SBG Securities Ghana Limited as Sponsoring Broker; Bentsi-Enchill, Letsa & Ankomah as Legal Adviser; PricewaterhouseCoopers as Reporting Accountant; Stanbic Bank Ghana Limited as Escrow Bank; and Central Securities Depository (Ghana) Limited as Registrar.
The company also expressed gratitude to the Securities and Exchange Commission and the Ghana Stock Exchange for their regulatory oversight and support throughout the process.


