First Independent Mena Newspaper
U.S. Dalrada Financial Corporation, a leader in climate technology, clean energy, and precision manufacturing, has announced the setting up of a subsidiary in the Moroccan city of Fez. The new entity will focus on providing installation and ongoing support services for Dalrada’s range of high-efficiency commercial heat pumps to countries within the MENA region Dalrada […]
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]
Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for a loan of €20.7 million earmarked to finance its domestic expansion plan, “Sika Finance” reports. Per the expansion plan, the company founded in 1983, will start 10 new distribution stations […]
Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]
Danfoss, a Danish energy solutions company, is eyeing the growing data centre market in Kenya’s data center sector, partnering with local companies and institutions to grow its foothold in the East African country that has long harbored the ambition to become the regional petroleum hub. Through partnerships with Kenyan companies, alliances with universities, and internship […]
Morocco sits on tremendous uranium reserves thanks to its world’s largest phosphates deposits that could help the country power its desalination plants and export surplus, the Middle East Institute said. The paper, by Michael Tanchum, recalls that 73% of the world’s phosphate rock reserves contain an estimated 6.9 million tons of uranium, that compares to […]
Morocco announced a tender for the development of Noor Midelt III, a 400MW solar plant part of a complex that is designed to be the largest in the world. Once completed the Noor Midelt project would have 1600 MW installed capacity, conducive to Morocco’s goals to generate 52% of its electricity from renewable sources. Morocco […]
Kenya has seen a significant surge in solar power generation that experts hail as a game-changer for the East African country, whose abundant sunshine can potentially revolutionize its energy sector in terms of cost-effectiveness and scalability. But rather than environmental concerns, the surge in solar energy perhaps seems to be more motivated by simple economics […]
The military coup in Niger has added political instability to terrorism risks in a region beset with violent extremism and weak states making Algeria’s ambitions to establish a gas pipeline channelling Nigerian gas an unfeasible project. Algeria has for long fantasized about a pipeline to transport Nigerian gas to Europe, a project that has been […]
Chariot Green Hydrogen Ltd, a subsidiary of Chariot Energy Group, announced on Wednesday it signed with Mohammed VI Polytechnic University (UM6P) and Oort Energy Limited, new partnership agreements to extend their collaboration to test the production of green hydrogen in Morocco. The agreements are focused on the construction, commissioning and operating of an electrolyser pilot […]