… The continent holds approximately 30% of the world’s critical mineral reserves according to the United Nations Conference on Trade and Development (UNCTAD) and possesses 60% of the world’s best solar resources according to the International Energy Agency (IEA). …
… The continent holds approximately 30% of the world’s critical mineral reserves according to the United Nations Conference on Trade and Development (UNCTAD) and possesses 60% of the world’s best solar resources according to the International Energy Agency (IEA). …
… The appointments come as global energy investment is projected to reach a record $3.3 trillion in 2025, according to the International Energy Agency (IEA). …
… Among those participating were International Energy Agency Executive Director Fatih Birol, Norwegian Prime Minister Jonas Gahr Støre and United States Energy Secretary Chris Wright. …
… The forum was also addressed by International Energy Agency Executive Director Fatih Birol, Norway Prime Minister Jonas Gahr Støre, and United States Secretary of Energy Chris Wright. …
… The event, which was originally planned as the Second Africa Clean Cooking Summit in Nairobi, brought together global leaders and energy experts, including International Energy Agency Executive Director Fatih Birol, Norway Prime Minister Jonas Gahr Støre, and United States Secret …
… The event, which was originally planned as the Second Africa Clean Cooking Summit in Nairobi, brought together global leaders and energy experts, including International Energy Agency Executive Director Fatih Birol, Norway Prime Minister Jonas Gahr Støre, and United States Secret …
… To sustain engagement, organisers confirmed that a high-level virtual session will proceed on July 9 and will be broadcast through the digital platforms of the International Energy Agency (IEA).
… The blockage of the Strait of Hormuz has triggered what the International Energy Agency (IEA) has described as the largest supply disruption in the history of the global oil market, pushing up oil and gas prices as well as shipping costs. …
US Secretary of State Marco Rubio is traveling to the Philippines to meet with Southeast Asian counterparts at an ASEAN foreign ministers' meeting in Manila. The trip aims to advance US priorities for a "free and open Indo-Pacific" amid tensions in the Middle East and US concerns about China's alleged election interference.
US Secretary of State Marco Rubio is traveling to the Philippines to meet with Southeast Asian counterparts at an ASEAN foreign ministers' meeting in Manila. The trip aims to advance US priorities for a "free and open Indo-Pacific" amid tensions in the Middle East and US concerns about China's alleged election interference.
An opinion piece argues that Africa, despite holding 30% of global critical mineral reserves and 60% of the world's best solar resources, receives only 2% of global clean energy investment. The gap is attributed to pricing issues rooted in currency volatility, sovereign-risk perception, and weak regulation, as rich countries borrow at 1–4% interest while poorer countries face rates around 14%.
Africa holds 30% of global critical mineral reserves and 60% of the world's best solar resources, yet receives only 2% of global clean energy investment, constrained by high borrowing costs and weak infrastructure that hinder the continent's role in the global green transition.
First Energy Africa Oil has appointed Simon Akit, a resource financier who has raised more than $5 billion in equity and debt financing, and Frederick Kozak, a former analyst with over 40 years of experience in Africa and South America, as directors. The move reflects a shift in Africa's energy sector where access to capital and fiscal stability are becoming as critical to project success as geology.
President William Ruto has called for urgent investments and stronger international partnerships to accelerate access to clean cooking solutions across Africa, noting that nearly one billion Africans continue to rely on firewood, charcoal and other polluting fuels. He warned that with less than five years remaining to achieve the Sustainable Development Goals, the continent cannot afford delays in expanding access to cleaner energy alternatives.
President William Ruto called for accelerated investment and partnerships to ensure universal access to clean cooking across Africa, noting that nearly one billion Africans still rely on traditional fuels that threaten public health, education, and the environment.
President William Ruto called for stronger partnerships and increased investment to provide all households and institutions with clean cooking solutions, citing nearly one billion Africans who rely on traditional fuels like firewood and charcoal, which cause harmful indoor air pollution and environmental degradation.
President William Ruto has called for stronger partnerships and increased investment to ensure every household and institution in Kenya has access to clean cooking solutions, noting that the country requires approximately Sh133 billion to achieve universal access. Ruto highlighted that nearly one billion Africans continue to rely on traditional fuels such as firewood and charcoal for cooking, which exposes families to harmful indoor air pollution and contributes to environmental degradation and climate change.
The 2026 Summit on Clean Cooking in Africa, scheduled for July 9-10 in Nairobi, has been postponed due to ongoing uncertainties and evolving circumstances affecting international travel and participation. A high-level virtual session will proceed on July 9 instead.
The Middle East conflict that broke out in late February has disrupted energy supplies and triggered the largest oil supply disruption in history, with global oil supply losses reaching 12.8 million barrels per day. International institutions including the OECD have lowered global growth forecasts, citing the prolonged conflict as a major source of uncertainty affecting inflation, financial markets and supply chains.
The 2026 Summit on Clean Cooking in Africa, originally scheduled for July 9-10 in Nairobi, has been postponed due to travel and participation uncertainties. A high-level virtual session will proceed on July 9 via the International Energy Agency's digital platforms.
An opinion piece argues that recent deadly protests over fuel prices in Kenya, Comoros and Mozambique underscore Africa's vulnerability to global oil price shocks, particularly as major East African economies import nearly all their refined petroleum; the writer urges the region to shift to clean energy solutions.
A US-Israel military campaign against Iran that began in February 2026 has destabilized the Strait of Hormuz, disrupting oil and gas shipments and triggering volatility in global energy markets. Iran has retaliated with missile and drone attacks against Israel, US installations, and commercial shipping in the region.
The Energy and Petroleum Regulatory Authority is expected to announce a monthly fuel price review Thursday evening as Kenya faces continued volatility in global oil markets driven by escalating Middle East tensions. Pump prices in Nairobi rose above Sh206 per litre for both petrol and diesel in April, and supply chain disruptions in the Strait of Hormuz and falling oil inventories are putting further upward pressure on prices.
Spirit Airlines has begun an orderly wind-down of operations after failing to secure a $500m bailout from the US government. The budget carrier cited a surge in jet fuel costs following the US-Israel war in Iran as a factor that pushed it over the brink despite emerging from a second bankruptcy filing.
Iran's supreme leader Mojtaba Khamenei declared that the United States suffered a "disgraceful defeat" in its plans, rejecting President Trump's warning of a prolonged US naval blockade. Khamenei said Iran now controls shipping in the Strait of Hormuz and predicted a future for the Persian Gulf without US interference.
Iran's supreme leader Mojtaba Khamenei declared in a written statement that the United States had suffered a shameful defeat, defying Trump's threat of a months-long naval blockade. Khamenei asserted Iran's control over the Strait of Hormuz and claimed any maritime blockade would violate international law and fail.
Kenya's geothermal power, concentrated in Hell's Gate National Park's Olkaria field, supplies more than 40 percent of the country's electricity—the highest share globally. A China-Kenya partnership is working to unlock further geothermal potential from Kenya's estimated 10,000 MW capacity.