First Independent Mena Newspaper
Nigeria has successfully attracted a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, according to Olu Verheijen, the special adviser on energy to the country’s President Bola Tinubu. Verheijen said that she has partnered with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and they have […]
Morocco’s private investment fund Al Mada and China’s CNGR Advanced Materials said they will partner to build an electric vehicle battery plant in Jorf Lasfar worth 2 billion dollars. The two parties announced in a joint statement that construction will start this year for the plant that is planned to be operational in 2025. Local […]
A court in Tunisia announced Wednesday September 20 investigations into the causes of a power blackout that plunged the entire country into darkness for several hours. Several regions of the North African country went dark for four hours on the night from Tuesday to Wednesday. The Interior Minister Kamal Feki headed to the main power […]
Morocco becomes a natural partner to build strong friendship and cooperation ties with the European Union, EU ambassador to the Kingdom, Patricia Pilar Llombart Cussac, said Tuesday. “With its substantial energy resources, its proximity to Europe and its strong friendship and cooperation ties at all levels (…), Morocco becomes a natural partner to build such […]
Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]
Africa, the world’s richest region for renewable energy, must tap into its vast untapped resources to drive sustainable development and industrialization — this was the main message coming from fruitful discussions on the Africa Green Minerals Strategy (AGMS) during the recent Africa Climate Summit 2023 in Kenya. At over 5500 exajoules per year, Africa boasts 44.8% of […]
Djibouti has inaugurated Red Sea Power, a wind farm project that will produce 60 MW electricity in a bid to reduce power shortage and increase domestic output by 50 per cent. President Ismail Omar Guelleh unveiled the project over the last week-end. Red Sea Power is located in Ghoubet, 120 km from capital Djibouti. The […]
Rahul Dhir, Chief Executive Officer of London-based Tullow Oil has told on September 13 Bloomberg the military coup that took place late August in Gabon has not affected the company’s business operations. Tullow Oil Plc’s assets in the central African nation Gabon account for around a quarter of its crude production. Tullow Oil Plc produced […]
A landmark African Climate Summit (ACS) ended on Wednesday (6 September) after the political and business leaders adopted the Nairobi Declaration that seeks to address climate challenges in the continent and that represents a united front for Africa before negotiations for more funding at COP28. The ACS was dominated by discussions of how to mobilize […]
Côte d’Ivoire’s economic capital will host on September 7-8 the fourth West Africa Liquefied Petrol and Gas (LPG) Summit. The gathering will bring the industry heavyweights, ranging from C-suite executives to officials from the world’s largest corporations and trade bodies in the LPG sector, provides delegates with the opportunity to learn from the best in […]