Author: Victor Olayiwola
Victor Olayiwola
I am Victor Olayiwola, a tech writer for Africa Entrepreneur and a strategic forex trader. I share stories on innovation and entrepreneurship in Africa while breaking down markets with precision. Always learning and creating, i blend tech and trade to inspire the next wave of young hustlers.
CAPE TOWN, South Africa, February 13, 2026 Nearly 600 million people across Africa still lack access to electricity, with electrification progress barely keeping pace with population growth and leaving the continent far from universal access targets. Achieving full access will require electricity-access investment to scale toward around $15 billion annually, according to the IEA, yet tracked financing commitments remain below $2.5 billion per year, underscoring a profound capital shortfall. This mismatch – vast, guaranteed demand paired with chronic under-investment – is precisely what creates durable commercial opportunity. Energy demand across Africa is projected to rise sharply through 2030, driven by…
PARIS, France, February 13, 2026 The Republic of Congo marked a major milestone earlier this week with first exports from Phase 2 of its Congo LNG project – amplifying investor interest just ahead of Hydrocarbons Minister Bruno Jean‑Richard Itoua’s engagement at the Invest in African Energy (IAE) Forum in Paris, scheduled for April 22–23, 2026. Operated by Eni, the second phase began exporting from the new Nguya FLNG facility, lifting the country’s liquefaction capacity to 3 million tons per annum and delivering its first cargo in early 2026 following commissioning ahead of schedule. Phase 2’s start‑up, achieved roughly 35 months after construction began,…
DUBAI, United Arab Emirates, February 13, 2026/ — Emirates (www.Emirates.com) is doubling down on its strategy to redefine travel retail, hitting a key expansion milestone with the opening of its 10th flagship ‘Emirates World’ store in Abidjan, bringing the current store count to 10 Emirates World Stores and 9 travel retail outlets globally. The airline has invested AED 174 million (USD$47.4 million) to expand its travel retail footprint and is building on this momentum with plans to introduce 29 more travel retail concepts in 2026, taking the total store count to 48 by the end of this year. Delivering personalisation and expert…
JOHANNESBURG, South Africa, February 13, 2026 RS Group plc (LSE: RS1) (https://Africa.RSDelivers.com), a high-service global product and service solutions provider for industrial customers, today announces a new three-year partnership with international development charity SolarAid. Together, RS Group and SolarAid aim to raise £1 million to deliver clean, safe solar lights to 150,000 people living in rural communities across Africa without access to electricity. The partnership forms a central part of RS Group’s 2030 ESG action plan and champions the shared ambition to “make amazing happen for a brighter world.” By combining corporate donations, matched funding, RS PRO product contributions, employee…
CAPE TOWN, South Africa, February 12, 2026 Puma Energy, a leading downstream energy company, and Hass Group (https://HassPetroleum.com), a leading oil marketing company in Africa, today announced a lubricant distribution partnership covering the Democratic Republic of Congo (DRC). The agreement was signed at the Investing in African Mining Indaba conference in Cape Town. The agreement marks the introduction of the Puma Energy lubricants brand into the DRC for the first time. Under the agreement, Hass Group will distribute and market Puma Energy’s high-performance lubricants, supporting key sectors including mining and industrial operations in one of Africa’s most strategic growth markets.…
CAPE TOWN, South Africa, February 12, 2026 Ahead of the State of the Nation Address and the upcoming Africa’s Green Economy Summit (AGES), the National Business Initiative (NBI) has issued a compelling call for a decisive shift in how South Africa addresses its most pressing challenges. NBI CEO Shameela Soobramoney asserts that the nation’s parallel crises in water security, energy reliability and climate resilience constitute an interconnected “triple threat” to economic stability, urging for an immediate transition from planning to execution through a structured national “delivery compact.” Soobramoney argues that the country must dismantle the perceived trade-off between environment and…
WINDHOEK, Namibia, February 12, 2026 Namibia’s upstream narrative has, until recently, been defined by deepwater success in the Orange Basin, where major offshore discoveries have transformed perceptions of the country’s hydrocarbon potential. Galp’s Mopane discovery, estimated to hold up to 10 billion barrels of oil equivalent, alongside TotalEnergies’ Venus find, has firmly positioned Namibia on the global exploration map and underpinned expectations of first offshore oil before the end of the decade. Alongside this offshore momentum, however, a parallel story is unfolding onshore, where frontier basins, lower entry costs and improving geological understanding are drawing increased attention from explorers and…
LIBREVILLE, Gabon, February 11, 2026 Gabon has taken a significant step toward strengthening its mining sector by signing a new collaboration agreement between the Ministry of Mines and Geological Resources of Gabon (www.Mines.Gouv.ga) and South Africa’s Council for Geoscience. The partnership is designed to enhance geological research, build technical capacity, and accelerate the sustainable development of Gabon’s mineral resources. The agreement reflects Gabon’s broader strategy to diversify its economy and unlock the full commercial potential of its mining industry. While the country is widely known for its oil production, it also possesses significant untapped deposits of iron ore, manganese, gold,…
JOHANNESBURG, South Africa, February 11, 2026 A Federal High Court in Nigeria has delivered a judgement against the Ministry of Petroleum Resources in favor of Eurafric Energy Limited, reversing the 2020 revocation of the Dawes Island marginal field license, which post revocation has been held and developed by Petralon 54 Limited since 2022. The ruling effectively challenges the regulator’s 2020 decision not to renew Eurafric’s license that had expired without commercial production after 17 years. An appeal has since been initiated by Petralon 54 Limited, with a stay of execution pending determination by higher courts. For Nigeria’s upstream sector -…
JOHANNESBURG, South Africa, February 11, 2026 APO Group (www.APO-opa.com), the leading multi-award-winning, pan-African communications consultancy and press release distribution service, has announced the appointment of Rania El Rafie, Vice President of Public Relations & Strategic Communications, as Chair of the Public Sector & Thought Leadership Awards Judging Committee for the Middle East & North Africa Stevie® Awards. The Middle East & North Africa Stevie® Awards (https://apo-opa.co/4rNgXy4) are among the world’s most respected business awards, recognising innovation, leadership, and impact across sectors within the MENA region. As Chair, Rania personally selected a judging committee comprising senior leaders with deep expertise across corporate communications,…