General News
Savannah Energy Announces Completion of ExxonMobil Transaction in Chad, Cameroon

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce the completion of its acquisition of ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon, including operatorship of the upstream assets (through the acquisition of the former operator, Esso Exploration and Production Chad, Inc.) (the “ExxonMobil Transaction”).

Savannah is also pleased to announce the publication of a Supplemental Admission Document (the “Document”) in relation to the ExxonMobil Transaction.
This announcement follows Savannah’s 13 December 2021 announcement of the signing of a Share Purchase Agreement (“SPA”) with ExxonMobil, which has an economic effective date of 1 January 2021, and the publication of its 31 December 2021 Admission Document containing details on, inter alia, the ExxonMobil Transaction.
The ExxonMobil Transaction constituted a reverse takeover transaction pursuant to AIM Rule 14 and, accordingly, was subject to, inter alia, shareholder approval which was granted on 24 January 2022. The ExxonMobil Transaction has now been completed.
Re-admission of the share capital of the group as enlarged by the ExxonMobil Transaction is scheduled to take place at 8.00 a.m. on 13 December 2022.
Transaction Highlights
Following the completion of the ExxonMobil Transaction, Savannah now owns a 40% interest in the Doba Oil Project and an effective c. 40% indirect interest in the Chad-Cameroon export transportation system:
The Doba Oil Project comprises interests in seven producing fields – Kome, Miandoum, Bolobo, Moundouli, Maikeri, Nya and Timbre – with a combined gross 2P Reserve base of 142.3 MMbbls as at 1 October 2022 and expected 2022 gross production of 28.0 Kbopd; and
The Chad-Cameroon export transportation system comprises a 1,081 km pipeline and the Kome Kribi 1 floating storage and offloading facility, offshore Cameroon (along with all associated facilities).
The Chad/Cameroon pipeline is 30” in diameter with a nameplate capacity of 250 Kbopd and an estimated pipeline throughput in 2022 of 124 Kbopd, from more than 15 fields;
The Company’s proposed acquisition of PETRONAS (E&P) Overseas Ventures SDN. BHD.’s interests in the same assets in Chad and Cameroon is not a condition of the ExxonMobil Transaction.
Andrew Knott, CEO of Savannah Energy, said: “We are delighted to announce the completion of our US$407 million acquisition of ExxonMobil’s upstream and midstream businesses in Chad and Cameroon.
I would like to warmly welcome our new employees to the Savannah family and look forward to building our in-country businesses with them as we embrace the multiple growth opportunities available to us.
In Chad, our focus will immediately turn towards making the investments we believe the Doba Oil Project needs to significantly increase production volumes from current levels and the advancement of our up to US$500m/500 MW of renewable power projects.
We expect our investments in these projects to provide significant increased tax revenues and electricity access for the people of Chad. In Cameroon, we hope to see the COTCo and TOTCo businesses grow further over the course of the coming years through additional third-party customer throughput volumes. We are also actively considering investments in other opportunities to pursue Projects that Matter in country.
Outside of Chad and Cameroon, we expect that, in the coming months, we will further augment our corporate growth profile through the announcement of additional hydrocarbon asset acquisitions and the initiation of new utility-scale renewable energy projects (in addition to our existing up to 750MW project pipeline).
Lastly, I would like to the opportunity to express my gratitude to all those who contributed to the successful completion of this transaction and, in particular, our host country stakeholders, my incredibly dedicated and passionate colleagues and the ExxonMobil deal and in-country teams. Thank you all.”
Re-Admission and Total Voting Rights
The Company’s issued share capital currently comprises 1,306,098,819 ordinary shares. Application has been made to the London Stock Exchange plc for re-admission of the Company’s 1,306,098,819 ordinary shares to trading on AIM, which is expected to take place at 8.00 a.m. on 13 December 2022.
As the Company does not hold any shares in treasury, this figure of 1,306,098,819 Ordinary Shares may continue to be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Board Appointments
Further to the Company’s announcement of 7 June 2022, the Company is pleased to announce that the proposed appointments of Sarah Clark and Dr Djamila Ferdjani as Non-Executive Directors of the Board will become effective on completion of the ExxonMobil Transaction. The appointment of Sylvie Rucar has been delayed due to personal reasons and is now anticipated to become effective during early 2023.
Sarah Clark
Sarah was an elite level athlete for 18 years and is a former British, European and Commonwealth champion in the sport of judo, who competed at three Olympic Games for Great Britain. She is currently CEO of Edinburgh, Judo one of the UK’s largest, most successful and fastest growing judo clubs catering for beginners to Olympic medallists. Sarah currently serves as a Non-Executive Director of JudoScotland (the governing body for judo in Scotland).
Sarah has worked extensively in mentor, role model and leadership positions with organisations such as the Dame Kelly Holmes Trust, the Youth Sport Trust and the Winning Scotland Foundation. In these roles, her focus has been to deliver personal and group development programmes to young people from disadvantaged backgrounds and communities. She has also worked extensively with individuals and companies delivering programmes around the positive learnings businesses can take from the elite level sport world.
Dr Djamila Ferdjani
Dr Ferdjani is a medical doctor, entrepreneur and social activist. She founded the Pro-Santé Polyclinic in Niger, of which she was President and CEO. Djamila formerly served as a technical consultant to the Islamic Development Bank and as a Professor of Health Prevention and Promotion at the African Development University.
She is a founding Board member of Afrikajom (the leading Pan African human rights focused think tank) and is the founder and President of MedCom NGO (a Niger focused medical and educational NGO). She is a former a member of the executive committee of the Orange Niger Foundation.
She regularly speaks at African focused Human Rights events, including those organised by the World Bank, Oxfam, Plan International, the G5 Sahel, The Open Society Initiative for West Africa, the National Democratic Institute and TEDx. Dr Ferdjani has been named by the United Nations Population Fund as one of the 100 women leaders in Niger and by Facebook as one of 19 African LeadHERs breaking boundaries in the fields of media, entertainment, education and business.
General News
Nigeria Connects National Electricity Grid to West Africa Power Pool

Nigerian Independent System Operator (NISO), in collaboration with the West African Power Pool Information and Coordination Centre (WAPP-ICC), has successfully conducted the long-awaited synchronisation test between the Nigerian power grid and the rest of the West African power network.

The test marks a major milestone in the ongoing efforts to establish a unified West African electricity grid operating at a single frequency.
In a joint statement signed by Mr Adesegun Akin-Olugbade, chairman of the NISO Board, and Mr Abdu Bello Mohammed, managing director, the breakthrough connects Area 1, comprising Nigeria, Niger Republic, and parts of Benin and Togo—with Areas 2 and 3, which cover the rest of West Africa.
This achievement effectively creates a single operational grid that enhances reliability, stability, and cross-border energy exchange across the ECOWAS region.
According to the statement, “The initiative aims to achieve operational unification of the regional grid, improve system reliability through shared reserves, enable cost-effective power generation and trading under the West African Electricity Market (WAEM), and strengthen institutional cooperation among member system operators.”
Highlighting the national significance of this milestone, the NISO Managing Director said, “For Nigeria, this achievement provides multiple benefits, including unlocking stranded generation capacity, enabling energy exports and foreign exchange earnings, improving grid resilience, and reinforcing the country’s leadership role in regional energy integration.”
According to him, the initiative would also open access to donor funding for priority transmission projects such as the North Core Project in Birnin Kebbi and the Ajegunle 330 kV Substation in Lagos State, south-western Nigeria.
“The successful exercise was made possible through renewed coordination, enhanced system monitoring, stricter frequency control, and real-time communication among participating regional control centres.
“This development not only strengthens the foundation for cross-border electricity trade but also boosts investor and donor confidence in ongoing regional infrastructure projects, including the North Core Transmission Project and other grid expansion initiatives,” the statement reads.
The successful synchronisation is being celebrated as a historic milestone in West African energy cooperation and a clear demonstration of NISO’s technical expertise in managing complex power systems in accordance with international standards.
With this achievement, West Africa moves one step closer to an integrated and reliable regional power system, lighting up the future together.
General News
Nigeria ICT Space Set to Receive Boost as Digital Economy, e-governance Bill Nears Presidential Assent

Nigeria is poised to take a continental lead in digital economy and e-governance as the National Digital Economy and E-Governance Bill 2025 is expected to be signed into law this week by President Bola Ahmed Tinubu.

The bill, jointly drafted and processed by the Senate and the House of Representatives, was the focus of a one-day public hearing organized by the National Assembly’s joint committees on ICT and Cybersecurity.
Senator Shuaib Afolabi Salisu and Hon. Adedeji Olajide, chairmen of the respective committees, assured lawmakers and stakeholders that the bill will be laid for third reading and passed in both chambers this week. Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, confirmed that the President is ready to give assent, describing the legislation as a key catalyst for achieving Nigeria’s projected $1 trillion economy.
“The Act from this bill will be the first of its kind on the African continent, demonstrating Nigeria’s leadership in technological advancement,” Tijani said. He added that the digital economy, which currently contributes 19 percent to GDP, is targeted to account for 21 percent by 2027 under President Tinubu’s administration.
The bill provides for the digitization of government operations, deployment of 90,000 kilometers of fiber-optic networks, nearly 4,000 new communication towers in underserved communities, a national data exchange system, and a framework for artificial intelligence adoption to enhance productivity across sectors.
Senator Salisu described the legislation as essential for regulatory clarity in electronic transactions, while Hon. Olajide emphasized its role in driving nationwide digital transformation.
Key stakeholders, including the Nigerian Communications Commission (NCC), Nigeria Communication Satellite (NICOMSAT), Galaxy Backbone, NIPOST, and the Office of the Head of Service, expressed support for the bill, highlighting its potential to serve as the backbone of Nigeria’s digital economy and e-governance framework.
General News
BHM Launches Africa’s First Comprehensive AI Ethics Framework for Media and Communications Industry

BHM, the African communications services company, today published a groundbreaking white paper that establishes Africa’s first comprehensive AI Ethics Readiness Framework specifically designed for the continent’s marketing, media, and communications sectors.

Titled “AI Ethics in Africa’s Media and Communications Landscape: A Readiness Framework for 2026 & Beyond,” the white paper addresses the urgent need for a proactive, culturally-grounded approach to AI governance as Africa rapidly integrates artificial intelligence into its burgeoning digital landscape.
The white paper, authored by Femi Falodun, Executive Director at BHM, and PhD candidate at Kent Business School, University of Kent, reveals a significant readiness gap between the pace of AI adoption and the industry’s preparedness for its ethical challenges. Drawing on insights from BHM’s AI literacy and readiness survey of professionals across Nigeria, Kenya, Ghana, and South Africa, the research indicates that while professionals are actively experimenting with AI tools, a majority feel ill-equipped to manage critical risks.
Key findings include: 73% of respondents are only “somewhat confident” in identifying potential cultural bias in AI-generated content; 66% are only “somewhat equipped” to detect AI-generated misinformation or deepfakes; and a staggering 90% of organisations and sectors are not adequately prepared for upcoming AI regulations.
“As Africa stands at a critical ethical crossroads in AI adoption, we have a unique opportunity to leapfrog global trends and establish ourselves as leaders in responsible, human-centric AI,” says Ayeni Adekunle, BHM Founder and CEO. “This white paper is not just about keeping pace with technology; it’s about defining how AI should be used responsibly in our industry while staying true to African values and cultural principles. We are positioning Africa at the centre of global AI ethics discourse, ensuring that our voices, values, and perspectives help shape the future of this transformative technology.”
At the heart of the white paper is the OMOLUABI-AWARE Model, a proprietary assessment framework that uniquely integrates global AI standards with African cultural values. Grounded in BHM’s People Before Profit philosophy, the model draws from the concept of Omoluabi (representing moral character and ethical living) and Ubuntu principles of collective responsibility, alongside other traditional African philosophies.
The framework encompasses 13 critical dimensions, including Origin & Cultural Sensitivity, Misinformation & Narrative Control, Objective Understanding & Digital Literacy, Language & Representation Awareness, User Privacy & Data Protection, Accountability & Transparency, Bias Detection & Mitigation, Integrity in AI Interactions, Accessibility & Inclusion, Workforce Readiness, Accountable Governance, Responsible Innovation, and Ethical Leadership.
“The integration of African ethical principles with global AI standards represents a significant advancement in how we approach technology governance,” says Femi Falodun, Executive Director, BHM and author of the white paper. “This framework doesn’t just adapt Western models, it creates something genuinely innovative that reflects Africa’s unique cultural context while setting new global benchmarks for ethical AI adoption.”
The OMOLUABI-AWARE Framework serves as a first-of-its-kind source of credible local insights to aid strategic planning for marketing and communications industry stakeholders within and outside Africa. It addresses critical areas, including bias detection, misinformation control, data privacy protection, cultural sensitivities, transparency requirements, and governance frameworks, all tailored to African and emerging market contexts.
The white paper provides a strategic implementation roadmap for 2026 and beyond, with actionable recommendations for government and policy makers, business leaders and organisations, media and communications professionals, and media content consumers.
“Africa has the opportunity to lead the world in demonstrating how technology can be harnessed responsibly while preserving cultural identity and prioritising human welfare,” Ayeni adds.
The white paper serves as a call to action for multi-stakeholder collaboration to build a sustainable and inclusive AI ecosystem. It is a guide for harnessing AI’s transformative potential to not only drive economic growth but also to protect and enrich the diverse cultures and shared future of African people, positioning the continent as a global standard-bearer for ethical AI.
This milestone builds on BHM’s track record of producing industry-defining research, including the Africa PR and Communications Report, Concept of Virality, Nigeria PR Report, UK Cost of Living Report, among other projects.
The white paper is available for download at: bhmng.com/AIEthicsWhitePape
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