Close Menu
AfroVenture.coAfroVenture.co

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    From a Rejected Pitch to a Pan-African Software Powerhouse: The FasterDev Story

    July 31, 2026

    Africa Must Fund Its Own Industrial Future—CBN Governor Cardoso Tells Emerging Markets Forum

    July 31, 2026

    Clydestone Ghana Takes MTN Group to Court Over Alleged MoMo Intellectual Property Theft

    July 31, 2026
    Facebook X (Twitter) Instagram YouTube LinkedIn
    Facebook X (Twitter) Instagram Vimeo
    AfroVenture.coAfroVenture.co
    Subscribe Login
    • Home
    • News

      From a Rejected Pitch to a Pan-African Software Powerhouse: The FasterDev Story

      July 31, 2026

      Africa Must Fund Its Own Industrial Future—CBN Governor Cardoso Tells Emerging Markets Forum

      July 31, 2026

      Clydestone Ghana Takes MTN Group to Court Over Alleged MoMo Intellectual Property Theft

      July 31, 2026

      Afreximbank and Gebeya Launch CANEX Create-thon 2026 with $50,000 Prize Pool to Supercharge African Creatives

      July 31, 2026

      Afreximbank’s Fresh USD Bond Draws Strong Investor Confidence in Africa’s Trajectory

      July 30, 2026
    • Startup

      Minister Ernesto Kesar Joins Caribbean Energy Week (CEW) 2026 as Trinidad and Tobago Accelerates Upstream Momentum

      March 27, 2026

      African Tech Funding Surges as Energy and Fintech Drive a Major $3.2 Billion Market Recovery

      January 8, 2026

      The Great Realignment: Africa’s Startup Ecosystem Rebounds with $3.2 Billion in 2025

      January 7, 2026

      Startup & Funding Opportunities for Founders & Entrepreneurs in Africa (Dec 2025 – Jan 2026)

      December 16, 2025

      National Basketball Association (NBA) Africa Announces Five Prize-Winning Startups at its Second Accelerator Demo Day

      December 4, 2025
    • Events

      Cameroon’s 2026 Licensing Round: A Regulatory and Compliance Guide for Prospective Bidders

      February 26, 2026

      The 2025 African Tech Odyssey: A Year-End Review of the Continent’s Most Pivotal Gatherings

      December 26, 2025

      Academy Champions Innovation and Sustainable Growth Across Africa

      December 9, 2025

      Qantas Launches Direct Johannesburg–Perth Route, Marking a Major Boost for South African Tourism and Trade

      December 9, 2025

      Global Expertise Meets African Innovation: Jerry Yang Joins the Africa’s Business Heroes (ABH) 2025 Judging Panel

      December 8, 2025
    • Management

      Airlines Face Billions in Losses As COVID will Wipe Out Even More Flights

      January 14, 2021

      Asimo Robot Unveils a New Tool For Simple Robot Programming

      January 14, 2021
    • Contact
    AfroVenture.coAfroVenture.co
    • Home
    • Startup
    • Events
    • Management
    Home»News»United Kingdom’s (UK) Withdrawal from Mozambique Liquefied Natural Gas (LNG) Funding Is a Blow to African Energy Justice
    News

    United Kingdom’s (UK) Withdrawal from Mozambique Liquefied Natural Gas (LNG) Funding Is a Blow to African Energy Justice

    Victor OlayiwolaBy Victor OlayiwolaDecember 2, 2025Updated:July 11, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The UK government’s recent decision to withdraw $1.15 billion in support from the TotalEnergies-led Mozambique LNG project is a concerning example of Western policy priorities undermining Africa’s development. Announced on Monday, the decision comes at a moment when global energy markets face unprecedented pressure. Yet, the UK appears more focused on ideological signaling rather than practical solutions to persistent energy poverty.

    The Mozambique LNG project is far more than another fossil fuel venture. It represents a transformative opportunity for the continent, with the potential to deliver 13 million tons of LNG annually – powering industries, fueling domestic growth and supporting economic development in a region where millions still live without reliable electricity. By withdrawing support, the UK has chosen to prioritize its green and “woke” agenda over African progress, focusing on counting emissions rather than taking into consideration African energy poverty and the need to prioritize energy security, affordability and sovereignty.

    Security challenges in northern Cabo Delgado forced TotalEnergies to suspend operations in 2021. Since then, improved conditions have allowed the company to lift the suspension and resume planning, contingent on government approval for a revised development roadmap. Rather than recognize this progress, UK Export Finance cited ‘risks’ as justification for withdrawal – a rationale that reflects priorities driven more by political optics than by Africa’s urgent energy needs. The same risk has been evaluated by the US, with the US Export-Import Bank moving to reapprove a loan earlier in 2025 in recognition of the improved situation on the ground. The decision to withdraw financing reflects a broader trend by the UK to follow an anti-fossil fuels agenda, one that has already put North Sea production in great decline.

    The African Energy Chamber (AEC) condemns the decision to withdraw, deeming the decision as not only a setback for Mozambique but for the entire continent. The withdrawal undermines African energy security, industrial ambitions and efforts to lift millions from energy poverty. This pattern has repeated across the continent: projects delayed or blocked, investments withheld, all justified in the name of climate or security concerns, while energy poverty persists. Africa does not need moral instruction on climate from nations that consume energy at levels far beyond the continent’s needs. What is essential are partnerships that respect African priorities, timelines and the sovereign right to develop sustainably.

    “Withdrawing support from Mozambique LNG is a betrayal of Africa’s right to energy security and a slap in the face of progress for the continent’s millions living without reliable power. This moment should serve as a call to action: it serves as a stark reminder that Africa’s energy future cannot rely solely on foreign financing or conditional support. Mozambique LNG, and projects like it across the continent, must be championed by Africans for Africans, with a focus on responsible development, job creation and the eradication of energy poverty,” states NJ Ayuk, Executive Chairman of the AEC.

    The Mozambique LNG project highlights what African energy development should look like: ambitious, transformative and responsible. Gas‑liquefaction projects in Cabo Delgado are expected to create at least 10,000 direct jobs by 2025, focusing on local populations and supporting young graduates with SME development. Construction of the Mozambique LNG facility alone has been estimated to create around 5,000 jobs. Beyond employment, LNG production and exports have already generated rising government revenues – with state LNG‑related earnings increasing by over 20% last year. Once fully operational and supported by stable financing, Mozambique LNG could deliver the energy, revenue and human capital needed to power industry, boost public services and lift communities out of energy poverty.

    Africa is rich in natural resources – including its 620 trillion cubic feet of natural gas – yet these resources are too often treated by Western governments as tools of influence rather than drivers of growth. The UK’s withdrawal underscores the urgent need for Africa to develop independent financing mechanisms, attract investors who respect its priorities and strengthen regional cooperation to protect critical energy projects.

    Mozambique LNG exemplifies how African energy development can create jobs, drive industrial growth and reinforce economic sovereignty. Energy security cannot be dictated by shifting foreign political priorities. Led by Africans with a focus on responsible development, projects like Mozambique LNG can deliver tangible benefits, empower communities and help eradicate energy poverty across the continent.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleFCMB Named Nigeria’s Best SME-Focused Bank by CIBN
    Next Article Actis, Trade Development Bank (TDB) and Performances Group Join MSGBC Oil, Gas & Power 2025
    Victor Olayiwola
    • Website

    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.

    Related Posts

    From a Rejected Pitch to a Pan-African Software Powerhouse: The FasterDev Story

    July 31, 2026

    Africa Must Fund Its Own Industrial Future—CBN Governor Cardoso Tells Emerging Markets Forum

    July 31, 2026

    Clydestone Ghana Takes MTN Group to Court Over Alleged MoMo Intellectual Property Theft

    July 31, 2026

    Afreximbank and Gebeya Launch CANEX Create-thon 2026 with $50,000 Prize Pool to Supercharge African Creatives

    July 31, 2026
    Leave A Reply Cancel Reply

    ADS
    Book

    SteezeTech
    Our Picks

    Remember! Bad Habits That Make a Big Impact on Your Lifestyle

    January 13, 2021

    The Right Morning Routine Can Keep You Energized & Happy

    January 13, 2021

    How to Make Perfume Last Longer Than Before

    January 13, 2021

    Stay off Social Media and Still Keep an Online Social Life

    January 13, 2021
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    News

    From a Rejected Pitch to a Pan-African Software Powerhouse: The FasterDev Story

    By Victor OlayiwolaJuly 31, 20260

    Hannington Mambo had just finished presenting his vision to a room full of potential backers.…

    Africa Must Fund Its Own Industrial Future—CBN Governor Cardoso Tells Emerging Markets Forum

    July 31, 2026

    Clydestone Ghana Takes MTN Group to Court Over Alleged MoMo Intellectual Property Theft

    July 31, 2026

    Afreximbank and Gebeya Launch CANEX Create-thon 2026 with $50,000 Prize Pool to Supercharge African Creatives

    July 31, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    Building Africa, One Venture at a Time!™
    We exist to unlock the collective potential of African entrepreneurs by dismantling geographical and informational barriers, empowering them to build ventures that thrive locally and can scale globally.

    Our Picks

    Remember! Bad Habits That Make a Big Impact on Your Lifestyle

    January 13, 2021

    The Right Morning Routine Can Keep You Energized & Happy

    January 13, 2021

    How to Make Perfume Last Longer Than Before

    January 13, 2021
    Contact US

     

    • Phone:

      +234 802 851 8313, +234 815 480 2848

    • Email:

      General Enquiry: hello [@] Afroventure.co
      News/Article Submissions: news [@] Afroventure.co
      Event Submissions: events [@] Afroventure.co
      Advertisements: ads [@] Afroventure.co
      Media Partnership: partner [@] Afroventure.co
      Spotlight Features: spotlight [@] Afroventure.co

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Startup
    • Events
    • Management
    © 2026 Afroventure™. Powered by Differentiate.Online.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?