Africa Energy Headlines International Mauritania

Mauritania’s bid to become Africa’s energy hub driven by gas discoveries, green hydrogen agenda

Mauritania may be on the verge of a major transformation from its largely agriculture-based economy to become Africa’s major energy hub thanks to gas gushing from the Greater Tortue Ahmeyim (GTA) development, a massive liquefied natural gas (LNG) field off its Atlantic coast. Mauritania and its south-western neighbor Senegal have recently achieved a historic milestone […]

Emerging Markets Energy Headlines

Morocco to set up new gas power plant worth $415 million

Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal joint GTA gas project launched, hailed as new era of energy security

British energy giant BP has officially launched gas production at the Grand Tortue Ahmeyim (GTA) field, strategically located along the maritime border between Senegal and Mauritania that represents a promising source of natural gas and a lever for economic transformation. During a recent ceremony, Senegal’s president, Bassirou Diomaye Faye, recently welcomed a delegation from the […]

Algeria Columns Energy Headlines Mauritania

Mauritania quits stalled gas pipeline project with Algeria

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 […]

Emerging Markets Energy Headlines Mauritania Morocco

Morocco, Mauritania make first step towards their electric interconnection

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 […]

Business Emerging Markets Energy

Sahel’s mining shake-up: foreign miners face growing risks as juntas seek control of mines

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 […]

Business Emerging Markets Energy Headlines Mauritania Morocco

Morocco, Mauritania poised to expand cooperation in electricity, renewable energy; envision an electric interconnection

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 […]

Energy Headlines Libya

Libya’s National Oil Corporation to end oil-for-fuel system amid budget delays

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 […]

Africa Energy Features Headlines International

Tanzania: Africa Energy Summit plans to expand energy access to 300M Africans by 2030

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 […]

Emerging Markets Energy Finance Headlines Libya

Libya needs investments worth up to $4bln to boost oil production

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. […]