Business Emerging Markets Energy Features Headlines

US-led ‘partnership for ethical mining’ aims to protect communities, environment

Italy has become the latest country to join the US-led Mineral Security Partnership (MSP), announced in June last year, whose aim was to add ethical values to the entire critical minerals and batteries value chain. The announcement was made by the US Under Secretary of State for Economic Growth, Energy, and the Environment, Jose Fernandez, […]

Egypt Energy Europe

Egypt, Romania ink MoU to bolster cooperation in science, technology research

The “Funding Body of Science, Technology and Innovation” of the Egyptian Ministry of Higher Education and Scientific Research and Romanian Ministry of “Research, Innovation and Digital” have penned a Memorandum of understanding (MoU) to enhance cooperation in the field of science and technology. The agreement signed Sunday aims at enhancing cooperation between the two parties […]

Business Energy Headlines Maghreb Morocco

Climate finance regulation: Morocco, an example in the Maghreb

Morocco has once again emerged as a leader in the Maghreb in matters of climate finance systems and regulation to support climate action, according to the “Climate Finance Readiness Index” report The report, published recently by the Toronto and Casablanca-based consulting firm Green For South, highlighted that Morocco is, in its sub-region which also includes […]

Africa Energy International

Egypt, Nigeria to enhance cooperation in electricity, renewable energy fields

Egypt and Nigeria have signed a memorandum of understating (MoU) to enhance bilateral cooperation in the field of electricity and renewable energy, a statement from the Egyptian Ministry of Electricity and Renewable Energy said Tuesday. Per the agreement, the two countries will support joint cooperation in a number of areas including: technical support for the […]

Africa Energy Headlines International

Uganda issues license for construction of controversial oil pipeline

Uganda has issued a license for the construction of a pipeline across the country and Tanzania to transport hydrocarbons from East Africa to international markets, a project that has raised the ire of environmentalists. “The approval (of the license) is another sign to demonstrate the common commitment of the two countries to develop the EACOP […]

Africa Energy International

Cyril Ramaphosa scraps Davos plans over energy crisis at home

South African President Cyril Ramaphosa has cancelled plans to take part in World Economic Forum (WEF) in Davos because of the energy crisis affecting the country. Vincent Magwenya, spokesman of the South African president said Ramaphosa will remain home to hold talks with Eskom and political leaders. Earlier reports said he would lead a government […]

Africa Energy Headlines International

Africa offers new solutions to avoid risks derailing net-zero energy transition — WEF report

Ahead of its annual meeting taking place in Davos in Switzerland, the World Economic Forum (WEF) says that short-term fixes to the energy crisis including subsidies and coal consumption could imperil the transition to net-zero, while proposing several solutions that have a special resonance in the context of some African countries, such as Senegal and […]

Egypt Energy

ENI discovers new gas field in Egypt

Italian energy group Eni has discovered a major natural gas at Narges-1 exploration well in the Narges Offshore Area Concession in the Eastern Mediterranean, offshore Egypt, the company announced Sunday in a press release. The multinational firm said it discovered 200 net feet (61 meters) of milocene and oligosin gas-bearing sandstones in the Nargis-1 well […]

Emerging Markets Energy Europe Headlines International Morocco

Belgium’s John Cockerill to produce green hydrogen in Morocco

Belgium’s energy firm, John Cockerill, plans to invest in green hydrogen as part of a joint venture in Morocco where they plan to manufacture key equipment to transform electricity into hydrogen at a lower cost, Afrik21 reported. “In Morocco, John Cockerill will manufacture alkaline electrolyzers. This is the most widespread technology for the production of […]

Columns Energy Headlines Opinions

Algeria’s gas export volumes down 10% in 2022 compared to 2021

The Algerian government has indulged in telling half-truths by focusing on value of gas exports instead of the volume which has dropped 10% to 49.3 billion cubic meters in 2022, down more than 5 bcm from 2021. The drop confirms forecasts that Algeria- which already lost its status as an oil country- will lack capacity […]