Africa Emerging Markets Energy Headlines International

Rush for lithium in Africa reveals dark side of green energy, as it fails citizens, fuels corruption

As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]

Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Business Emerging Markets Energy Headlines International Morocco

Morocco poised to become competitive EV battery export hub- UK report

Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]

Africa Energy Features International

Niger junta invites Russian firms to exploit its resources amid dispute with French nuclear group

Niger’s military junta has invited Russian firms to invest in the country’s uranium and other natural resource production after French nuclear group Orano halted uranium output there last month, part of an ongoing dispute between Niamey and its former colonial master, France. “We have already met with Russian companies that are interested in coming to […]

Africa Energy Europe Headlines International

Sudanese-Russian cooperation in oil and gas field to be reinforced

A Sudanese delegation, led by Minister of Energy and Oil, Mohi-Eddin Naeem Mohamed Saeed, is currently paying a several-day visit to Moscow to discuss with Russian officials key areas of cooperation such as oil exploration and production, pipeline infrastructure, and the operations of oil companies. This visit, started on Wednesday, is part of Sudan’s ongoing […]

Energy Headlines Libya

Libya: Tension in Zintan region after officer’s kidnapping

In Libya, oil infrastructure is once again being used as leverage to pressure the Tripoli Government. On Tuesday, residents of Zintan shut down the oil valves in protest over the kidnapping last Wednesday of Brigadier General Mustafa al-Whayshi, the director of the Central Security Department within the intelligence service. His kidnappers have not yet come […]

Emerging Markets Energy Europe Headlines International Morocco

Morocco’s experience in climate adaptation highlighted at COP29 in Baku

Morocco’s experience in adapting to climate change and its commitment to play a key role in energy transition at national, continental, and international levels were highlighted before the High-Level Segment for Heads of State and Government of the ongoing COP29 summit held in Baku. The kingdom’s experience was presented by Head of Government Aziz Akhannouch, […]

Africa Energy Headlines International

Mega hydropower project in Central Africa aims to transform continental energy supply

The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]

Emerging Markets Energy Headlines International Morocco

Moroccan delegation attends COP29 in Baku

A Moroccan delegation, led by Head of government Aziz Akhannouch, is taking part in the 29th United Nations Framework Convention on Climate Change (COP29) in Azerbaijan. Upon arrival in Baku, the Moroccan delegation, which also includes Minister of Energy and Sustainable Development Leila Benali and Moroccan Ambassador to Azerbaijan Mohamed Adil Embarch, was welcomed by […]

Africa Energy International

Resolute Mining shares drop 32% after Mali arrests CEO, 2 executives

Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]