The August edition of the Energy and Natural Resources Digest records a period of significant capital deployment, regulatory reform, and infrastructure delivery across Ghana and Nigeria.
The August edition of the Energy and Natural Resources Digest records a period of significant capital deployment, regulatory reform, and infrastructure delivery across Ghana and Nigeria.
In Ghana, the petroleum hub moved closer to signature, a new seismic data project opened up the Keta Basin to closer scrutiny, the next parcel of Jubilee crude was earmarked for Tema, and 1.5GW of utility-scale solar with storage was announced. Cabinet approval of amendments to the Minerals and Mining Act, alongside the GoldBod offtake arrangement and a formalisation compact for artisanal mining, marks a decisive shift towards onshore value retention.
In Nigeria, activity ran the length of the value chain: the 2024 licensing round concluded with the award of prospecting licences while the 2025 round closed its commercial bid phase, network entry agreements set the contractual framework for domestic gas transportation, the Dangote refinery closed a landmark equity raise, and decentralised electrification reached nineteen states. Developments in critical minerals and steel feedstock point to the same objective, converting resource endowment into industrial capacity.