First Independent Mena Newspaper
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’ […]
Morocco’s water and electricity agency ONEE and Mauritania’s electricity supplier SOMEC signed an agreement to connect their electricity grids. The agreement was signed by head of ONEE Tarik Hamane with his counterpart Sidi Salem Mohaned Elabd in Nouakchott. The project “is part of the Royal Atlantic initiative that aims at promoting African integration and south-south […]
The four-day ‘Investing in African Mining Indaba’ that officially kicked off in Cape Town, South Africa, on Monday (3 January) features presentations from mining experts, delegates and influential policymakers and also includes discussions on the effects that US tariffs and the freeze on foreign aid might have on Africa’s mining industries. The African mining-focused event […]
The Arabian Gulf Oil Company (AGOCO), National Construction, and Al-Jawf companies have issued a stern warning regarding the adverse effects of delayed operational budget disbursements, describing this as a significant barrier to projects aimed at boosting production. The companies raised these concerns during the first session of the General Assembly of the National Oil Corporation […]
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 […]
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. […]
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 […]
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 […]