First Independent Mena Newspaper
Morocco’s port authority is going green. It seeks to set up five photovoltaic solar plants in the ports of Casablanca, Agadir, Jorf lasfar, Laayoune, and Boujdour. The solar plants would power the ports to reduce the carbon footprint, as part of a larger national plan that would increase the share of renewables in the electricity […]
Russia and Mali are working together to build a solar plant that would cut Mali’s electricity deficit. Only about 50% of Malians have access to electricity, with outages so commonplace since the coup which set the country at odds with ECOWAS. Mali struggled to get steady fuel supply for its thermal stations, which disrupted electricity […]
South Sudan is nearing an agreement with a UAE company for an oil-backed loan worth $13 billion, the largest in Africa’s newest nation’s history. The news was reported by AP citing an unnamed UN source which said the deal is close to being signed. “Servicing this loan would likely tie up most of South Sudan’s […]
Ghana will decide by December which company will build its first nuclear power plant, choosing from contenders including French, US, Chinese, Russian and South Korean energy firms. Faced with power shortages, growing calls for environmentally friendly energy solutions and the vulnerability of hydropower to drought, Ghana has been one of the few African countries exploring […]
Morocco is planning to boost its renewable energy capacity to 11GW by adding 6.5GW over the next four years, energy minister Leila Benali said. The country has a total capacity of 11GW and plans to almost double that to 20GW as it also invests in gas and green hydrogen, the minister said in Rabat, cited […]
ECOWAS Countries involved in the Morocco-Nigeria gas pipeline are expected to sign a final investment decision in 2025, according to Morocco’s oil and mines authority ONHYM. Speaking at a forum in Rabat, head of development at ONHYM recalled that the pipeline will cross 13 countries and stretch over 7000 kilometers. The cost of the pipeline […]
Nigeria seeks investors to develop 12 onshore and offshore oil blocks as it seeks to tap into its 37.5 billion barrels of crude. “Nigeria is committed to conducting the licensing round in a fair, competitive and transparent manner and ensuring a level playing field for both indigenous and international investors,” said Gbenga Komolafe, head of […]
The reported Algerian threats to stop delivering natural gas to Spain’s Naturgy if the utility company sells shares to another company show the real face of the Algerian regime controlled by rogue Generals. Naturgy consortium holds a 49 pc stake in Medgaz pipeline which transports gas from Algeria to Spain, while state-owned Sonatrach of Algeria […]
Shell said it will ditch its downstream business in South Africa by divesting its shares in a local company, ending 120 years of operations there. “Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in Shell Downstream SA (SDSA). Considering SDSA’s illustrious history, this decision was not taken lightly,” the […]
The sub-Saharan African region that holds about 30% of the world’s proven critical mineral reserves can be transformed if it can take the opportunity to develop critical minerals markets and processing industries to maximize the potential of the coming boom, the IMF’s latest Regional Economic Outlook says. The global transition to clean energy is set […]