First Independent Mena Newspaper
Senegal and Mauritania are forging ahead with their joint gas fields with the arrival of BP’s floating production, storage, and offloading (FPSO) unit in the Grand Tortue Ahmeyim (GTA) Phase 1 LNG project. The vessel, built at China’s COSCO Qidong Shipyard, will serve the Greater Tortue Ahmeyim (GTA) liquefied natural gas project, which is planned […]
Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4 and slated the operational launch for July. This supranational bank will focus on financing oil and gas projects in Africa, with a view to bridging the financing gap in these sectors and the continent’s energy […]
Morocco and the Chinese-European Gotion High-Tech Group, a leader in the field of electric vehicles, signed, on Thursday in Rabat, a strategic investment agreement worth 12.8 billion dirhams on the setting up of a comprehensive industrial ecosystem for the manufacturing of electric batteries in Kenitra. The investment agreement, signed at a ceremony chaired by Head […]
Nigeria is reinforcing security to tackle oil theft and the vandalism targeting its onshore pipeline and oil fields, but the issue is still far from being resolved. In April, Nigeria recruited 1,486 personnel to boost internal security operations in the country’s crude production heartland, according to local media sources. Nigeria is Africa’s largest oil producer […]
Morocco is preparing to launch a tender this summer to build a floating regasification unit in the port of Nador West Med, an energy ministry official said. A financial close is expected in 2025, with construction and entry into service seen in 2026, the official in charge of oil and gas at the ministry was […]
African governments need to develop robust strategies for the critical minerals sector amid global rush for the continent’s lithium and other strategically important rare metals, a recent research has found. Demand for lithium, for example, tripled from 2017 to 2022, while the critical minerals market doubled in five years, reaching US$320 billion in 2022, according […]
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 […]