First Independent Mena Newspaper
SDX Energy Company unveiled on Monday a new strategy focusing on its growing operations in Morocco becoming a strategic regional player in the energy transition. In its new roadmap, SDX said it has decided to divest its Egyptian assets and move away from a pure oil & gas business into an integrated, hybrid energy-provider in […]
Malian forces have taken Kidal the stronghold of Tuareg rebels marking the end of a deal brokered by Algiers in 2015 and the erosion of Algeria’s diplomacy in its Sahel neighborhood. More than a week after Bamako soldiers, backed by Russian Wagner mercenaries, took the strategic town, Algeria’s resounding silence reflects the country’s fading role […]
British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]
Reminex SA, a subsidiary of Morocco’s largest mining company Managem, signed a partnership agreement with global engineering company China Electronics Corporation on a cobalt sulfate factory. “This strategic and know-how sharing partnership represents a major opportunity to build an industrial cluster and contribute to the Moroccan-Chinese alliance,” Reminex said in a statement. The new plant […]
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 […]