First Independent Mena Newspaper
Nigeria’s underperforming refineries are not able to meet the rising demand on gasoline in the most populous African countries where queues are becoming longer in gas stations. The shortage sent prices skyrocketing which further erodes the purchasing power of most of the population as the prices of transport surge. The long waiting hours are causing […]
American company GE Gernova has decided to join the Xlinks Morocco-UK power project with a $10.2 million investment injected in this ambitious project expected to produce affordable and clean energy. Once complete, the Project’s wind and solar generation, combined with flexible battery storage, is expected to supply 3.6 gigawatts (GW) and deliver approximately 8% of […]
The London-based energy company SDX said it has started gas production in Morocco after receiving government’s approval. SDX well is located in the Gharb region not far from Kenitra, where there is an industrial zone including automotive plants that need gas for industrial operations. Morocco considers gas a transition energy to cut its carbon footprint […]
North African offshoot at French Engie compagnie said it was looking to sell its stakes at Safi coal-powered station, as part of its plan to quit coal operations before 2027, its CEO told Reuters. The company operates Morocco’s largest wind park in Tarfaya and is building a desalination plant along with its wind farm in […]
Xlinks First Ltd. has confirmed the news reports announcing a $14.1 million investment of Africa Finance Corporation (AFC), the leading multilateral financial institution, in the Morocco-UK Power Project expected to provide affordable, reliable, clean energy from Morocco to Britain within a decade. The support of AFC of Xlinks project shows the trust Morocco enjoys on […]
Morocco’s sustainable energy agency MASEN launched a tender for a 400 MW wind project, dubbed Nassim Nord, in the country’s north, as the Kingdom seeks to bolster the share of renewable energy in its mix. MASEN asked to submit bids before June 24 covering finance, construction, and operation of the wind project. The project includes […]
First Nigerian oil has arrived at the Beninese oil terminal of Sémè Kraké using the Niger-Benin pipeline, with experts hailing the launch of this platform because it signifies Niger’s emergence as a key player in Africa’s oil sector. The recent inauguration of the oil export platform in the town on the border between Benin and […]
With Africa’s aging mid- and downstream oil products supply infrastructure, the countries on the continent must invest a combined $9.3 billion to expand fuel-transportation infrastructure to avoid supply disruptions as demand grows, according to a new report by energy company Puma Energy and Africa energy consultancy CITAC. The rapidly growing populations and urbanization trends, which […]
In addition to the announced regasification units in Nador port, Morocco is also considering adding two plants on the Atlantic to bolster its energy security, according to media reports. Natural gas is considered as a transition energy that would help the country reduce its footprint and boost its industry’s competitiveness. Morocco had announced earlier last […]
Ethiopia plans to plant 5 billion trees in 2024 as it seeks to foster climate change mitigation as the country faces extreme environmental events including drought and torrential rains. Such a green project would require at least 117 million dollars and mobilize millions of citizens throughout the country. Planting more trees is part of Ethiopia’s […]