first round table on sahara 2018

UAE, Germany, Egypt set up consortium for hydrogen project in Mauritania

German project developer Conjuncta, Egypt’s energy provider Infinity, and the United Arab Emirates’ Masdar have signed an agreement to set up an international consortium for a hydrogen project in Mauritania requiring a total investment of $34 billion. The project will have a production capacity of up to 8 million tons of green hydrogen or other […]

Mauritania: Projects in Mining and Energy get over $100 million in Loans

Mauritania can rejoice for a successful participation in the summit of Arab financial institutions held in Rabat after the North African country received over $100 million of loans for the execution of projects in mining and energy, reports say. A first deal between Moctar Ould Diaye, Mauritania’s finance minister and the chairperson of the Arab […]

Saudi Arabia pledges $41 bln investment in Africa over next decade

Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]