Business Emerging Markets Energy Headlines

Canada sets eyes on Gabon’s mining potential

Canada is keen to boost ties with Gabon in many areas and mainly in the mining sector for a win-win partnership, the North American country’s High Commissioner in central African country (Lorraine Anderson) has revealed on Thursday July 27. “For Canada, Gabon is a land of opportunity, and we know we can work together in […]

Energy Headlines Morocco

Morocco launches 14th wind Farm to fast-track green energy transition

Morocco has commissioned its 14th national wind Farm in the southern city of Boujdour that is expected to produce 300MW as part of efforts to accelerate the country’s transition into green energy. The National Office of Electricity and Drinking Water (ONEE), Morocco’s utility company, unveiled the project at the same time as it activated the […]

Africa Americas Asia Energy Headlines International

Africa’s potential to boost US companies’ supply chain security — trade expert

As China levies export controls on two critical minerals, gallium and geranium, from August, for US industry dependent upon reliable supply chains, Africa represents a key opportunity for American interests, according to Ned Rauch-Mannino, a former co-chair for the White House’s Prosper Africa initiative. The restrictions imposed on access to these two critical minerals mark […]

Energy Features Headlines

Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank

Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with a US$335-million project financing facility. The announcement comes as the project spearheaded by Gemcorp, a UK-based asset management company, to build a refinery in Angola has been well behind schedule, […]

Africa Emerging Markets Energy Europe Headlines International Morocco

Morocco-Nigeria pipeline: UK’s RPS to undertake meteorological and oceanographic studies

British consulting firm RPS won a contract to undertake a study on the meteorological and oceanographic conditions for the Nigeria-Morocco gas pipeline. The contract was awarded by Morocco’s mines and hydrocarbons agency ONHYM and the Nigerian National Petroleum Company, RPS said on its website. The pipeline project is supported by the Organization of the Petroleum […]

Energy Europe Headlines International Morocco

Green Hydrogen: UK Oblin planning major zero-carbon project in Moroccan Sahara

UK Oblin group, which builds and operates hybrid utility scale solar, wind, hydro, biomass, waste to energy power stations, will carry out a major green hydrogen project in the Moroccan Saharan Dakhla-Oued Eddahab region. This zero-carbon project was disclosed following a visit paid lately by a delegation of investors, led by Oblin’s CEO, Brannan Tempest, […]

Africa Emerging Markets Energy Headlines International

African energy experts make progress on continental power system masterplan

Energy stakeholders from across Africa who convened at a recent meeting in Benin’s capital, Cotonou, managed to made significant strides in the establishment of the African Single Electricity Market (AfSEM) and the development of the Continental Power Systems Master Plan (CMP), paving the way for major developments to come in the energy sector. The importance […]

Africa Asia Energy Features Headlines International

DR Congo, UAE sign $1.9bln mining deal

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]

Business Emerging Markets Energy Headlines International Morocco

Shell, Morocco sign LNG supply agreement

Morocco’s electricity and water utility ONEE signed a deal to buy from Shell 0.5 billion cubic meters of liquified natural gas (LNG) over 12 years in a push to increase the share of natural gas in its energy mix, Morocco’s ministry of energy transition said. In the first years, the LNG will be supplied via […]

Business Emerging Markets Energy Features Headlines

Norwegian Yara International pulls out of Cameroon

Yara International ASA, a global leader in plant nutrition headquartered in Oslo, Norway, announced its withdrawal from Cameroon following a deal to sell its majority stake in Yara Cameroon to NJS Group, a minority shareholder and longstanding partner. Per the deal, NJS Group takes over the 65% stake held by Yara International France in the […]