First Independent Mena Newspaper
Africa has secured 87% of global funding for crucial energy infrastructure, marking significant progress in the continent’s pursuit of sustainable and accessible energy solutions, a 2024 report from the World Bank and the Energy Sector Management Assistance Program (ESMAP) said. From 2021 to 2022, the number of people benefiting from mini-grids in Africa skyrocketed from […]
The Moroccan government is considering a carbon tax and plans to release a road map for its implementation next year to meet its climate goals, the Organization for Economic Co-operation and Development (OCDE) said. Morocco has an ambitious target to reduce emissions by 45.5% by 2030 relative to 2010 and to net zero by 2050. […]
A final deal involving all countries that will benefit from the gas pipeline that will connect Nigeria to Morocco is expected by year’s end, head of Morocco’s mines and hydrocarbons agency ONHYM Amina Benkhadra said. The project has been spearheaded by Morocco’s King as a key component of the Kingdom’s south-south cooperation approach. It has […]
Nigeria’s Aliko Dangote mega-refinery made its first gasoline deliveries on Sunday, September 15, marking a key step toward the country’s energy self-sufficiency. On Monday, the National Oil Company (NNPC) increased fuel prices by 11%, following its purchase from the Dangote refinery. After eight years of construction, delays, and negotiations, the Dangote refinery finally began operations. […]
Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]
The inaugural Senegal-Mauritania Economic Forum is scheduled for September 30 to October 1, 2024, at the Radisson Blu in Dakar. The event will center on the theme, “Economic Integration Amidst Energy Transition: The Role of the Private Sectors in Senegal and Mauritania.” Amidst a global shift toward energy transition, the Senegal-Mauritania Economic Forum seeks to […]
Rome will host the second Libya Energy and Economy Summit on September 23, featuring representatives from the National Oil Corporation and leading private sector firms from both Libya and Italy. The summit will focus on exploration and development opportunities, Libya’s role in the global energy market, and potential partnerships in energy generation, transmission, and distribution. […]
After years of recurrent power cuts, Namibia seems to have taken renewable energies seriously, turning to Chinese firms for help with the country’s largest solar plant. In this respect, a deal was signed by state-owned power utility Nampower and two Chinese firms – Jiangxi International Economic and Technical Cooperation Co. Ltd and Chint New Energy […]
Nigeria has offered a license to UTM Offshore Limited to build the country’s first floating LNG terminal. The plant would use gas from an ExxonMobil oil field in the Niger Delta and would serve both as an export terminal and supply the domestic market, local media reported. The infrastructure would curb gas flaring which costs […]
Nigeria has achieved a historic milestone with the commencement of petrol production at the new $20 billion Dangote refinery near Lagos. Boasting a capacity of 650,000 barrels per day, it’s now Africa’s largest refinery and is poised to alleviate Nigeria’s persistent fuel shortages. The refinery aims to reduce Nigeria’s heavy reliance on imported oil products, […]