Africa Emerging Markets Energy Headlines International

Zimbabwe bans raw lithium exports as demand, prices soar

Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]

Africa Energy Europe Headlines International

New EIB study confirms Africa’s €1 trillion green hydrogen potential

Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, and transform access to clean water and sustainable energy, according to a new report by the European Investment Bank (EIB). Africa could make $1.1 trillion from the sale […]

Energy Europe Headlines International Morocco

EU carbon tax, a chance for Moroccan industry to boost competitiveness- Minister

The EU’s carbon tax, agreed recently, is a chance for Moroccan industry operators to enhance their competitiveness. “We should not look at this measure as a burden on our industries. It is rather an advantage to overcome competition,” Minister of Industry and trade Ryad Mezzour told local media le360. EU governments reached a deal over […]

Africa Americas Energy Headlines International Morocco

Meeting in Washington highlights role of Morocco, Nigeria in Africa’s energy Sector

Participants at a meeting held Friday in Washington on the role of Nigeria and Morocco in regional cooperation and the future of the energy sector in Africa, stressed that both countries can benefit from the transformation of the global energy market needs, and that this strong bilateral partnership plays an important role in securing the […]

Africa Energy Headlines International

Côte d’Ivoire to unveil first solar energy plant

Côte d’Ivoire is set to inaugurate its solar energy plant, the country’s energy Director announced Thursday, adding that over 7,000 green energy projects are being developed. “After having experimented fossil fuels and hydroelectricity, Côte d’Ivoire, which is rich in renewable energy potential, is about to commission its first solar power plant, marking its intention to […]

Energy Headlines Morocco

Aeronautics: Safran Nacelles Morocco inaugurates its 1.7 Megawatt photovoltaic power plant

Safran Nacelles Morocco, a subsidiary of French aeronautic parts manufacturer Safran, inaugurated last week a new photovoltaic power station with a capacity of 1.7 Megawatts that will supply its Nouaceur plant with green energy. The photovoltaic power station will cover more than 20% of the annual consumption of the Nouaceur aeronautic parts production plant, reducing […]

Energy Headlines International Morocco

Anchois Gas Project: UK Company Chariot agrees on terms of Moroccan gas sales

Chariot’s Anchois project offshore Morocco has taken a big step forward after the UK oil and gas company and its Moroccan partner “Office National des Hydrocarbures et des Mines (ONHYM) agreed on Monday on key principles for long term gas sales from the Anchois Gas Project with the Office National de l’Electricité et de l’Eau […]

Energy Europe Finance Headlines International Morocco

EBRD, EU, GCF Support Morocco’s Green Transition with €25 Mln Funding

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF) and the European Union (EU) have agreed to provide a financing package of up to €25million to Banque Centrale Populaire (BCP) to support Morocco’s green transition. This is the third facility provided to BCP under the GCF Green Economy Financing Facility (GEFF) […]

Energy Tunisia

Tunisia: 10 MW photovoltaic plant unveiled

Tunisia inaugurated on Saturday in the city of Tataouine a new 10 MW photovoltaic plant that will contribute to the country’s decarburization process. Installed by the Italian energy company ENI, the plant will supply the Tunisian national electricity grid with over 20 GWh of energy per year and ensure savings of around 211,000 tons of […]