Germany and Italy to Develop North Africa Pipeline Project

Germany and Italy are set to collaborate on the construction of a hydrogen pipeline stretching from North Africa to southern Germany. German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni formalized this partnership through the signing of an Action Plan for Strategic Cooperation, reinforcing energy ties between the two nations. The plan outlines the intention to progress the construction of new gas and hydrogen pipelines connecting Germany and Italy via Austria or Switzerland, with

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Ghana Commissions Sentuo Pipeline

The West African Gas Pipeline Company – the limited liability company that owns and operates the West African Gas Pipeline (WAGP) – has commissioned the interconnected pipeline in Ghana to the Sentuo Oil Refinery project in Tema. First gas officially flowed from the Tema Regulating & Metering Station through the pipeline to the refinery project, representing a key step towards starting operations at the 120,000 barrel per day plant. “This will enable us to complete

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Japanese and Mozambique Officials Collaborate to Reignite African LNG Development

Japanese Foreign Minister Yoko Kamikawa and her Mozambique counterpart, Veronica Macamo, have forged an agreement to collaborate on revitalizing the liquefied natural gas (LNG) development in Mozambique. Japanese entities have invested significantly in the Mozambique LNG project, known as the largest on the African continent. Unfortunately, construction faced interruptions due to escalated public unrest in Mozambique. During their meeting in Tokyo, Minister Kamikawa emphasized her commitment to deepening cooperation between their nations, aiming to “uphold

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Botswana Diamonds Initiates £380,000 Share Placement to Fund Exploration Activities

Aim-listed Botswana Diamonds recently initiated a share placement and subscription, targeting both existing and new investors. The objective is to raise £380,000 through the issuance of 76 million new ordinary shares priced at £0.0025 each, with a placing price of 0.5p per share. Each of the newly placed shares comes with a warrant, granting the holder the right to subscribe for an additional new ordinary share at 0.5p per share within a two-year period from

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5 Green Hydrogen Markets to Watch in Africa in 2024

Unparalleled renewable energy resources in tandem with rising demand for sustainable energy worldwide has made Africa both a strategic and highly attractive green hydrogen market. In 2023, African nations actively prioritized the adoption of green hydrogen policies, and in 2024, are expected to accelerate project deployment and foster collaboration with private, public, and global institutions to accelerate industry expansion. Mauritania: A Strategic Investment Opportunity Mauritania, home to three large-scale projects, has emerged as one of

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Niger’s mega Solar power plant now Operational, mitigating Niger’s 70% power loss

Following the July coup in Niger that deposed previous President Mohamed Bazoum, a fellow West African country, Nigeria chose to respond by suspending energy exports to the country. This posed a significant issue in Niger’s power sector, considering that Nigeria supplied 70% of Niger’s electricity prior to the coup. According to a report recently put out by the British news network, BBC, Niger has since then experienced cascading power outages. However, Niger’s response was to

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Angola to Kick Off Green Hydrogen Project in Barra do Dande by 2024

An initiative for a green hydrogen exploration project in Barra do Dande, Bengo province, is set to commence in 2024, announced President João Lourenço during a panel discussion at the 3rd Luanda Biennale. The endeavor, to be developed in collaboration with Sonangol, the Ministry of Mineral Resources, Oil and Gas, and a German company, aims to cater to the domestic market while exporting green energy to Europe and other global consumers. President Lourenço emphasized the

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Angola Reaffirms Commitment to OPEC Despite Production Quota Disputes

Angola asserted its commitment to remain within the Organization of the Petroleum Exporting Countries (OPEC) amidst ongoing disagreements over production quotas within the organization. Estêvão Pedro, Angola’s representative at OPEC, stated that the country has no current intentions to exit the organization following the suspension of negotiations on last Wednesday evening. His remarks, made to the financial information agency Bloomberg, came after the postponement of the cartel’s meeting due to disagreements over production cuts, particularly

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Japan Prepares investment in the Mining sector

A total of 45 companies in the civil construction sector participated, last week, in Luanda, at Projekta, an international fair for equipment and services for civil construction, public works, urban planning, architecture and interior decoration. Bruno Albernaz, president of the Board of Directors of Eventos Arena, the company that organized the event, recalled that this is the first fair in the sector   organized after 2019, due to the situation caused by the Covid-19 pandemic. When speaking

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Luele Mine Set to Bolster National Diamond Production

Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, declared on Monday 27th November that the Luele Mine, situated in the province of Lunda-Sul, will significantly contribute to the country’s increased diamond output. “This inauguration marks not just the commencement of a diamond mine but the establishment of a legacy characterized by respect, responsibility, and excellence, aiming for a prosperous future for our nation,” emphasized the Minister of Mineral Resources, Oil, and Gas while addressing

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