First Independent Mena Newspaper
Cameroonian authorities launched Tuesday November 21 Cameroon-Chad Interconnection Project, a bilateral high-voltage (HV) interconnection project between the two countries that involves 1.556 km of new transmission lines financed by the World Bank and the African Development Bank (AfDB) to the tune of $750 million. Gaston Eloundou Essomba, Cameroon’s minister of Energy launched the interconnection project […]
The new rush for lithium — sometimes referred to as ‘white gold’ — in Africa risks fueling corruption and harming local communities and the environment, according to a latest study by UK-based nonprofit Global Witness that investigated three emerging lithium mines in Zimbabwe, Namibia and Democratic Republic of Congo (DRC). The study has found that […]
While Africa’s critical mineral reserves and mineral industry are possibly the largest in the world, if African countries are to harness the full potential of these essential resources, local and sustainable value chains must be established, according to experts. Home to 30% of the world’s mineral reserves — found in abundance in South Africa, Zimbabwe, […]
Moroccan utility system construction company ‘Falcon Capital Dakhla’ has signed a partnership deal with French HDF Energy to build a green hydrogen production plant for a total investment of $2 billion in the kingdom coastal region of Dakhla. Dubbed White Dunes, the project seeks to produce some of the most competitive green hydrogen in the […]
The Canada–African Development Bank Climate Fund (CACF) provides Moroccan OCP group a $18 million concessional loan to support the construction of three seawater desalination plants. In a press release issued Tuesday, CACF said the funding is destined to advance Morocco’s climate adaptation efforts as the projects will enable the North African Kingdom to produce and […]
Chad’s capital N’djamena is hosting, this November 8 to 10, the third regional energy gathering known as Central Africa Business Energy Forum (CABEF). The event is held under the theme: “Capitalize on energy infrastructure investment opportunities in Central Africa and ensure energy security in the sub-region through public-private partnerships.” The forum aims to unite Central […]
Austrian and Vienna-headquartered integrated oil, gas and petrochemical company OMV Group will resume exploration activities in February 2024, the North African country’s state-run oil company National Oil Corporation (NOC) has announced on Monday November 6. The announcement came after both sides held a technical meeting in Tripoli Sunday at NOC headquarters. The discussions touched on […]
Uganda’s government has passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and supply oil, thus ending its dependence on neighboring Kenya for its oil needs, thus taking its fate into its own hands. The bill is meant to terminate the present method of importing oil through […]
Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]
Minister of Energy Transition and Sustainable Development, Leila Benali, called Friday in Brussels for “full optimization” of the Green Partnership between Morocco and the European Union, signed in October 2022, which constitutes an “innovative, promising, and dynamic cooperation framework”. This partnership, as an instrument for enhanced dialogue and cooperation, reflects a “strong convergence for sustainable, […]