First Independent Mena Newspaper
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, […]
Mauritania’s President Mohamed Ould Cheikh El Ghazoauni boasted the North African country’s green hydrogen potential and called on European investors attending the European Union – African Union summit at the Global Gateway Forum to seize opportunities. “Our country, the Islamic Republic of Mauritania, with its enormous renewable energy potential (estimated at 4,000 GW, of which […]
The British Sound Energy company announced on Wednesday the extension of its “Gas Sales Agreement” (GSA) sealed with ONEE (Office National de l’Electricité et de l’Eau Potable) and Attijariwafa bank funding deal until 31st December 2023. Executive Chairman of the company Graham Lyon) said: “various elements within the GSA are being amended to meet the […]
Stella Terra, the world’s first solar powered car, has been tested in Morocco. Designed by students from Eindhoven University of Technology (Netherlands), the lightweight vehicle has completed lately a 1,000 km trip from Northern Morocco to its Sahara without recharging. The test drive showed that the car can drive long distances with stopping at EV […]
The Burkina Faso military government has signed an agreement with the Russian government for the construction of a nuclear power plant in the West African country, in a move that aims to “cover the energy needs of the population,” less than a quarter of which had access to electricity by late 2020, according to the […]