First Independent Mena Newspaper
Mauritania has announced its withdrawal from the gas pipeline project with Algeria after almost two years and a half of inaction of Algerian authorities to implement this project, according to press reports. Since the visit paid by Algerian energy minister Mohamed Arkab to Mauritania in June 2022, nothing moved forward. The minister had presented a […]
Morocco and Mauritania have made a first step towards an electric interconnection between the two countries under the preliminary agreement they signed on Thursday in Rabat. The deal was signed by Moroccan energy minister Leila Benali in Rabat and her Mauritanian counterpart Mohamed Ould Khaled. Under the same agreement, the two parties shall cooperate to […]
Foreign mining companies in the Sahel region are currently experiencing a nightmare scenario, as military-led governments in Mali, Burkina Faso, and Niger are seeking to reclaim control over the mining of gold and other valuable resources. With gold mining accounting for over 90% of Mali’s exports, highlighting its critical economic role, the junta-led government aims […]
Morocco and Mauritania are poised to expand their cooperation in the fields of electricity and renewable energy and to explore the establishment of an electric interconnection between the two countries under a memorandum of understanding signed in Rabat on Thursday. The MoU also provides for intensifying the exchange of expertise in electrical safety, implementing projects […]
Libya’s National Oil Corporation (NOC) has announced plans to discontinue the oil-for-fuel system starting in March 2025, following a request from the Audit Bureau. The NOC has urged the Government to allocate the necessary funds for fuel supply operations, warning that any failure to do so will result in disruptions to critical services such as […]
Preparations are well underway for the African Heads of State Energy Summit that will take place in Tanzania’s capital Dar es Salaam on 27-28 January. The event aims to advance an ambitious plan to deliver electricity to 300 million Africans by 2030. The so-called Mission 300 Africa Energy Summit is a landmark event that will […]
Oil-dependent Libya needs to invest between $3 billion to $4 billion in order to reach a production level of 1.6 million barrels per day, acting oil minister Khalifa Abdulsadek told Reuters. In 2024, Libya was producing 1.4 million barrels per day, according to the National Oil Corporation. Oil represents up to 98% of Libya’s income. […]
At least 70 people have died in north-central Nigeria after a gasoline tanker overturned in the early hours of Saturday and exploded as locals attempted to salvage its fuel. According to eyewitnesses, community members rushed to the scene once the tanker crashed, hoping to collect leaking gasoline for personal use. A generator was then started […]
Farhat Bengdara, the head of Libya’s National Oil Corporation (NOC), has resigned due to health concerns, and Masoud Sulaiman has been appointed as the acting chief, the state-owned company confirmed on Thursday January 16. The resignation was accepted by Abdulhamid al-Dbeibah, head of the Government of National Unity, with Sulaiman now overseeing operations until a […]
In a remarkable move, the billionaire duo — Bill Gates and Jeff Bezos — have joined forces, pumping $537 million into mining ventures targeting rare metals across Africa. KoBold Metals, a US mining start-up backed by investors including Microsoft’s Bill Gates and Amazon’s Jeff Bezos, has raised $537 million in its latest Series C funding […]