Angola unveils landmark gas consortium project, boosting energy sector and national economy

Angola unveils landmark gas consortium project, boosting energy sector and national economy

Angola’s President João Lourenço. PHOTO/UGC. By ENERGY CORRESPONDENT [email protected] Angola has made a significant leap forward in its energy sector with the launch of the Soyo non-associated gas plant and the establishment of the new gas consortium (NGC). The development expected to drive economic growth, industrial diversification, and enhanced energy security nationwide was announced in…

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Africa’s Critical Minerals Poised to Power Global Green Energy Transition

Africa: Costly Lending Rules Stifle Africa’s Clean Energy Push, Investors Warn

Africa’s efforts to scale up clean energy are being held back by financing rules that do not align with the needs of mid-sized renewable projects, according to investors and developers. They say current lending systems are designed for large-scale infrastructure, leaving smaller ventures struggling to move forward. Speaking at the Africa Investment Forum on November…

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Africa’s clean energy transition receives €7bn backing

Africa’s clean energy transition receives €7bn backing

European Commission president Ursula von der Leyen at the G20 Leaders’ Summit in Johannesburg. The European Union (EU) has pledged €7 billion (R139 billion) to accelerate renewable energy rollout across the African continent. The announcement, which was made at the G20 Leaders’ Summit at the weekend, is in line with the continent’s clean-power transition. European…

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Africa’s Critical Minerals Poised to Power Global Green Energy Transition

Africa’s Nuclear Energy Future! – allAfrica.com

A rapid increase in demand may leave Africa no choice but to make a substantial investment in nuclear energy. First, substantial increases in energy demand will accompany Africa’s development. Rapid development requires the availability of 8.62 barrels of oil equivalent per person a year. The average in Africa currently is three barrels, the lowest of…

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Africa’s Critical Minerals Poised to Power Global Green Energy Transition

Africa: Afrec Trains Africa’s Project Builders – Continental Trainings On Renewable Energy Project Planning, Development and Financing

The African Energy Commission (AFREC) has launched a new continental training on Renewable Energy in Nairobi today aimed at helping African Union (AU) Member States turn renewable energy concepts into bankable and buildable projects while fostering peer-to-peer knowledge exchange in Africa. The inaugural session brought together 45 energy sector officials from across the continent for…

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