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Electric Vehicle Battery
2023-11-01
African Lithium Project Boosts US Drive to Close EV Gap on China
Atlantic Lithium has expanded reserves at its Ewoyaa project in Ghana. (Credit: Atlantic Lithium)Africa’s first major lithium project without Chinese funding is set to bolster US ambitions of developing its own battery-making industry.Half of th
Geothermal Power Plant
2023-10-31
Geothermal Power Boosts Kengen Profit to 48% Yoy Growth
KenGen's newest 83MW geothermal power plant, Olkaria I Unit 6 (source: KenGen)State-owned electricity company KenGen has reported a 48% growth in profit after tax for the year ending in June 2023. The profit growth has been attributed in large par
Hydropower Plant
2023-10-31
EU to invest 60 mln euros in upgrading Uganda power plant
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsThe European Union plans to invest 60 million euros ($63 million) in upgrading one of the Ugand
Hydropower Plant
2023-10-30
Kano assembly approves gov's n4B Loan request to complete hydroelectric plant
Gov. Abba Kabir Yusuf paid a courtesy visit to Executive Governor of Gombe State, H.E Muhammad Inuwa Yahaya, at the Gombe State Governor’s Lodge Abuja. Photo:TwitterKano State House of Assembly has approved Governor Abba Kabir-Yusuf’s
Green Hydrogen
2023-10-30
Namibia: EU to Pump N$20B Into Namibia's Green Hydrogen, Raw Materials Sectors
Namibian President Hage Geingob and the President of the European Commission, Her Excellency Ursula Von Der Leyen.The European Union (EU) has pledged a significant N$20 billion investment in Namibia's green hydrogen and raw materials sector.This c
Energy Investment
2023-10-30
Global Business Cycle Is in Transition
Containers and trucks are seen following a snowfall at the port of Qingdao, Shandong province, China February 14, 2019. REUTERS/Stringer/File photo Acquire Licensing RightsGlobal economic activity was mixed during the third quarter of 2023, with distinct
Oil & Gas Trade
2023-10-30
Germany's Scholz Says His Country Willing to Invest in Nigerian Gas, Minerals
Germany’s Chancellor, Olaf Scholz, and Nigeria’s President, Bola Tinubu, meeting in Abuja on Oct. 29, 2023. (Image by the Presidency Nigeria, Twitter.)German Chancellor Olaf Scholz said on Sunday his country was willing to invest in ga
Hydrogen Fuel Vehicle
2023-10-28
BMW and Sasol Team Up to Plan Hydrogen Car Infrastructure in South Africa
The companies are seeking to create a network that will support the production and use of H2 vehicles.BMW, Sasol Ltd. and Anglo American Platinum Ltd. have announced their intentions to collaborate on the development of a South African hydrogen car infras
Power Construction
2023-10-26
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome regular power cuts that have curbed economic growth.The bank wants to support the country
LNG
2023-10-26
Sani Inaugurates 20,000-Capacity LNG, LCNG Gas Hub in Kaduna
Kaduna State Governor, Senator Uba Sani, has inaugurated the first-ever Liquefied Natural Gas (LNG) and Liquefied Compressed Natural Gas (LCNG) facility in Nigeria with daily capacity of 20,000 tonnes for distribution across the country.Inaugurating the L
Nigeria
2023-10-26
FG Secures €1M EU Grant for Nuclear Project
The Federal Government, on Wednesday, announced that it had secured a grant of €1m from the European Union to execute the instrument for nuclear safety projects in Nigeria.It announced this in Abuja through the Nigerian Nuclear Regulatory Authori
Oil & Gas Supply
2023-10-25
Sani Inaugurates First Liquefied Gas Station in Kaduna
Kaduna State Governor, Senator Uba Sani has inaugurated the first Liquefied Compressed Natural Gas station set up by Greenville LNG in Kakau, Kaduna State on Tuesday.Sani at the event said the new facility would not only transform the state, but facilitat
Microgrid
2023-10-25
Husk Power Secures More Than $100M to Expand Minigrid Development
Source: ingehogenbijl / Shutterstock.comHusk Power, the company developing community solar minigrids across sub-Saharan Africa and South Asia, announced Tuesday that it has raised more than $100 million in equity and debt financing to expand its operation
Carbon Capture
2023-10-24
Algeria's State Oil and Gas Firm Sonatrach Plans $1 Billion Project for Natural Carbon Storage - Ennahar
A view of the headquarters of the state energy company Sonatrach in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/Ramzi Boudina/File Photo Acquire Licensing RightsAlgeria's state oil and gas firm Sonatrach has plans
Oil & Gas Trade
2023-10-23
National Oil Sounds Out Oil Majors for Strategic Partner Deal
A National Oil branded petrol station. FILE PHOTO | NMGThe National Oil Corporation of Kenya (NOC) has reached out to the top three oil multinationals in the country as it steps up efforts to strike a deal with a strategic partner to boost its turnaround
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