Asia Business Emerging Markets Energy Headlines International Morocco

Morocco picks Mitsubishi advanced turbines for Al Wahda power plant

Morocco’s National Office of Electricity & Drinking Water (ONEE), has selected Mitsubishi Power and its M701JAC gas turbines for the Al Wahda open-cycle gas turbine (OCGT) power plant. The 990 MW Al Wahda project consists of two 495 MW open-cycle gas turbines (OCGT) using gas – and diesel as an emergency fuel – with the […]

Business Emerging Markets Energy Headlines Morocco

Morocco to buy 7000 buses ahead of World Cup

In a push towards green mobility, Morocco announced its plan to buy 7000 urban buses, half of which will be electric, ahead of the World Cup due in 2030, industry and trade minister Ryad Mezzour said. A deal has been reached with the interior ministry to renew the bus fleet before the World Cup, he […]

Africa Business Emerging Markets Energy Headlines International Morocco

Morocco’s Somagec to develop power link between Angola, DRC

Moroccan company Somagec has signed a preliminary deal to build a power link between Angola and the Democratic Republic of Congo (DRC), for $1.3 billion. The project will bolster the integration of the region’s energy market, in an area where access to electricity is still low. The high-voltage transmission lines will also enable Angola to […]

Energy Features Headlines

Int’l investors eye Nigeria’s lithium reserves amid global push for green energy transition

Nigeria is attracting increasing international attention for its vast lithium reserves, a critical mineral in the global push for clean energy technologies such as electric vehicles (EVs) and solar panels. As Africa is projected to supply 20% of the world’s lithium by 2030, Nigeria aims to position itself as a key player in this growing […]

Energy Europe Features Headlines International

EU seeks to protect its ties in Africa amid growing geopolitical rivalry with China and Russia

The European Union is confronting significant challenges in maintaining its long-standing ties with Africa, as it faces rising competition from China and Russia in the region, according to experts. While the EU has been Africa’s biggest export market for years, it has lost ground to these emerging powers, particularly in trade and security. In recent […]

Africa Americas Energy Features Headlines International

US focused on developing Africa’s mining sector amid industrialization and infrastructure challenges

The Trump administration has expressed a strong interest in developing Africa’s mining sector, particularly in minerals vital for clean energy technologies. On the first day of his second term, US president Donald Trump signed an executive order prioritizing mineral extraction and processing, signaling a commitment to international partnerships, especially with African nations rich in resources. […]

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UAE’s $1.4bn investment in Zimbabwe enhances ties as West and China retreat

The United Arab Emirates (UAE) has solidified its position as Zimbabwe’s most important partner, surpassing China with a strategic $1.4 billion investment in real estate, gold trading, and other sectors. This partnership, which began gaining momentum in 2022, marks a shift in global economic alliances as Zimbabwe continues to struggle with Western sanctions and a […]

Africa Energy Features Headlines International

M23 rebels launch new offensive in east DRC amid growing tensions before crisis summit

A new wave of violence erupted in eastern Democratic Republic of Congo (DRC) as Rwanda-backed M23 rebels launched an offensive just days before the presidents of both East African countries are set to meet for a crisis summit in Dar es Salaam. The renewed clashes come days after the M23 group declared a unilateral ceasefire […]

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Central African Republic: Questions mount over Russian fuel donation

A political storm is brewing in the Central African Republic over 30,000 tons of Russian diesel that seems to have vanished into thin air. The Republican Bloc for the Defense of the Constitution has thrown down the gauntlet, demanding answers about a fuel donation that exists more in whispers than in official ledgers. Martin Ziguélé, […]

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Africa Energy Summit ends with landmark declaration, pledging $50bn to electrify continent

30 African heads of state and government from across Africa have signed a groundbreaking declaration to mobilize $50 billion for the electrification of the African continent, aiming to build momentum for the ambitious goal of extending electricity to 300 million Africans. The agreement, signed on the final day of the ‘Mission 300: Africa Energy Summit’ […]