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Energy and Resources

NEOM Green Hydrogen Project Secures $8.4 Billion in Financial Close

NEOM Green Hydrogen Company (NGHC) has achieved a significant milestone by securing financial close for the world's largest green hydrogen production facility. The company finalized financial deals with 23 local, regional, and international banks and investment firms, resulting in a total investment value of $8.4 billion. The facility, located in Oxagon, NEOM, Saudi Arabia, is currently under construction.

Uganda and Tanzania Unveil Cross-Border Kikagati Hydropower Project

Uganda and Tanzania proudly unveiled the Kikagati Hydropower Project (Kikagati HPP), a groundbreaking initiative that marks the first cross-border hydropower project between the two nations.

Dangote Refinery: A Game Changer

  Amid fanfare and high expectations, Nigeria’s outgoing President, Muhammadu Buhari, commissioned the much-vaunted Dangote refinery alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. The massive 650,000 barrels per day oil plant sits on 2,635 hectares of land...

DRC Eyes Uganda’s East African Crude Oil Pipeline

  The Democratic Republic of Congo’s Hydrocarbons Ministry has revealed that talks are underway with neighbouring Uganda to use the latter’s $3.5 billion 1,445-kilometer pipeline dubbed as East African Crude Oil Pipeline (EACOP).  If all goes well, Uganda is expected...

UK hands out 20 carbon storage licences

Twelve companies have been awarded 20 concessions in Britain’s first-ever carbon storage licensing round, the North Sea Transition Authority announced

What is behind Namibia’s Mining Surge?

  African mining companies have been urged to adopt smart mining solutions as it is more efficient, safer and intelligent. Namibia is among several Sub-Saharan African countries to which Huawei has provided mining services to accelerate mining digital transformation. Mining...

Angola’s oil and gas sector experiences increased global investments

Angola's oil and gas sector is currently witnessing a remarkable influx of investments from around the world, according to a recent report by Deutsche Bank. The recent increase in oil prices has played a significant role in attracting these investments.
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Africa’s $30 Billion Energy Push: Will Mission 300 Deliver?

Africa’s $30 Billion Energy Push: Will Mission 300 Deliver? Last week, more than two dozen African heads of state gathered...
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