Business Emerging Markets Features Headlines

Africa turns east, but trade with China deepens dependence, warn experts

Africa’s trade with China has surged 25% in 2025, reaching $122 billion in just seven months — on track to exceed $200 billion for the first time, yet beneath the boom lies a widening trade imbalance and growing concern over Africa’s long-term economic autonomy, experts warn. While U.S.-Africa trade has declined, especially under President Donald […]

Energy Headlines

Benin eyes 300 MW in solar energy output by 2030

Benin is planning to generate 300 Megawatt in terms of solar energy by 2030, as the western African country strives to mitigate the energy deficit. Samou Séidou Adambi, the country’s minister of Energy made the announcement Saturday October 7 on the sidelines of the 15th Summit of ministers of Energy of the regional organization, ECOWAS. […]

Africa Energy Features Headlines International

Africa, backed by EU investment, is poised to lead global green hydrogen boom

African countries are aspiring to establish themselves as renewables-driven hubs to supply escalating global demand for green hydrogen, just as hydrogen diplomacy has intensified in recent years, with the EU outpacing other competitors on the green hydrogen front in Africa. More than 50 projects have now been proposed across Africa to supply an expected surge […]

Energy Headlines

Desert to Power initiative to light up the Sahel countries “showcased” at COP27

Launched in 2019 by the African Development Bank Group (AfDB) and its partners, the Desert to Power initiative to increase solar generation capacity to provide 250 million people with electricity access across Africa’s Sahel region for socio-economic development continues to attract financial support from around the world. The Desert to Power initiative is designed to […]

Energy

Shell acquires Nigeria’s Daystar to enter African renewable energy market

The acquisition of Nigeria-based Daystar Power by Shell is significant for the UK-headquartered oil giant, which has long been active in the continent’s hydrocarbons market, as it must look for new sources of growth as fossil fuels are phased out. Shell has acquired Daystar Power, a Nigeria-based provider of hybrid solar power solutions to commercial […]

Headlines Morocco

COP22: Morocco leads renewable energy revolution in Africa

As world leaders and experts gather in Marrakech at the UN’s COP22 meeting, to grapple with how to implement the Paris climate change agreement, Morocco has been showcasing its best practices and renewable energy revolution in the North African nation. The country which earlier this year opened Noor 1, a solar power plant in the […]

Business Energy

Morocco: Parliament Passes Law Assigning Development of Renewable Energies to MASEN

The Moroccan parliament officially passed a law that changed the name of the Moroccan Agency for Solar Energy (MASEN) into the Moroccan Agency for Sustainable Energy and tasked it with the development of solar, wind and hydraulic energies along with any other source of renewable energies. The law is in line with Morocco’s commitment to […]

Energy Europe Headlines Morocco

Morocco, Portugal Mulling Undersea Electricity Link

Morocco and Portugal are studying the possibility of an undersea power connection, which would be the second Europe-Africa link. The two countries have signed in this regard a feasibility study, which will cost $455 million. At present, Portugal exports its excess energy to its neighbor Spain, which then feeds into the European system via France. […]

Editorials Opinions

What Future for the North Africa-to-Europe Power Super-Grid?

With the EU aiming to increasingly meet its energy needs from renewable sources – 30 per cent by 2020 and almost 100 per cent by 2050 – a great portion of this renewable power will have to come particularly from large-scale photovoltaic (PV) installations in sunny regions of the North Africa. But since the Maghreb […]

Business Energy Headlines Morocco

Morocco: Saudi-led Consortium Wins $1 Bln Solar Plant Bid

A consortium led by Saudi’s company ACWA Power International has won a $1 billion contract to build a 160-megawatt solar plant in Southern Morocco. The plant, to be built near city of Ouarzazate, is the first phase of a 500-megawatt ambitious project, first of its kind in Northern Africa. The Saudi-led consortium includes Spanish firm […]