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African Nations Call for Realistic Energy Transition Amid Climate Finance Gaps

Posted on by Newsroom Operations
African Nations Call for Realistic Energy Transition Amid Climate Finance Gaps

Belém, Brazil – As global climate finance talks ramp up at COP30 in Belém, Brazil, African countries are pressing for greater flexibility in energy transition demands — warning that a severe shortfall in funding threatens both climate goals and development priorities. At a high-level gathering under the banner of “Africa at the Forefront of Climate Action”, ministers, regional leaders and development bodies called for a new financing architecture that aligns climate ambitions with the continent’s…

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Offshore Oil Gains Momentum in Southern Africa

Posted on by Newsroom Operations
Offshore Oil Gains Momentum in Southern Africa

Kimberley, South Africa – In a significant development for Southern Africa’s energy landscape, major offshore oil projects are advancing even as the continent grapples with ambitious climate and energy transition targets. Recent approvals for international oil firms to expand offshore operations highlight the persistent tension between economic growth imperatives and sustainable development objectives. South Africa’s national oil company, PetroSA, recently approved Shell as the majority partner in Block 2C, off the country’s west coast. The…

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