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Category: Renewable Energy

Economy Energy Gas Infrastructure Local Mining Oil Petroleum Renewable Energy

Five Sectors Poised for Growth in Angola

The oil and gas industry is the most important engine of industrial growth and economic activity in Angola. However, the National Development Plan 2023–2027 addresses how the country plans to reduce oil revenue dependency to no more than 20% by diversifying the economy and investing in other sectors with growth potential, such as agriculture, infrastructure, mining, green hydrogen, and renewable energy. Infrastructure Recent investments in Angola’s infrastructure have substantially improved, with large infrastructure repairs, expansions,

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International News Renewable Energy

Hyphen, Itochu Speed Up Namibian Green Hydrogen Project with MoU

Green hydrogen development company Hyphen Hydrogen Energy has signed a Memorandum of Understanding (MoU) with import-export company Itochu Corporation to explore areas for potential collaboration on sub-Saharan Africa’s first fully vertically integrated green hydrogen project in Namibia. The agreement was signed on 8 August by Hyphen Hydrogen Energy CEO, Marco Raffinetti, and CEO of the Africa Bloc at Itochu Corporation, Shinya Ishizuka.  The signing ceremony was witnessed by Japan’s Minister of Economy, Trade and Industry,

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International Mining Renewable Energy

Ghana Greenlights Minerals Policy to Enhance Beneficiation

The Ghanaian government has approved the country’s Green Minerals Policy in an effort to maximize value created from critical mineral resources. Aimed at stimulating the development of the local mineral value chain, the policy comprises regulatory guidelines and fiscal terms for critical mineral activities across the country. Specific clauses in the policy document include a national ban on the export of unprocessed minerals. Ghana’s Minister of Lands and Natural Resources Samuel Jinapor explained that the country “is

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Local News Oil Renewable Energy Technology & Innovation

Angola’s Sonangol Research Center Nears Completion

Angola’s National Oil Company (NOC), Sonangol, is nearing the completion of its Research and Development Center, with the construction of the training facility set to be complete by September 2023. To date, construction is 92% complete. Located near the city of Sumbe in Cuanza Sul, the Research and Development Center will provide specialized training for the local Angolan population in key areas such as oil and gas, mineral studies, renewable energies – with a focus

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International Mining News Renewable Energy Technology & Innovation

Emerging Potential: Africa’s Nickel Market Gains Momentum with 5 Compelling Factors

The global shift towards clean energy technologies has sparked an increase in demand for vital minerals, particularly nickel, which enhances the performance, longevity, and energy density of Electric Vehicles (EV) and energy storage solutions. In summary, Africa’s abundant nickel reserves, growing global demand, attractive government policies, untapped market potential, and the presence of strong partners make it an attractive destination for mining companies seeking stable and long-term supplies of this critical mineral.

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International News Renewable Energy

EAIF Invests €11.5M in Senegalese Solar Project

The Emerging Africa Infrastructure Fund (EAIF) – a development finance organization established under the Private Infrastructure Development Group – has invested €11.5 million via a senior secured loan for the construction of an integrated solar and battery storage project in Senegal. Dubbed the Walo facility, the 16 MW solar facility will comprise a battery energy storage system with a capacity of between 10 to 20 MW. The project will be constructed and thereafter operated by

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International Renewable Energy

4 Drivers Behind Namibia’s Solar Market Surge

Namibia’s solar market is booming with the country attracting fresh investments and new players. With a focus on both grid-connected and off-grid projects, the country aims to connect 80% of its population to renewables by 2025.  This surge is fuelled by strong regulatory support, abundant resources, a drive for diversification and the growing demand for decentralized power systems. Untapped Resources Blessed with 300 days of sunshine per year and offering a climate well-suited for solar

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Local News Renewable Energy

Angola & Norway enhance hydrocarbon and energy cooperation

The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, met, Tuesday June 27th, with the Secretary of State of the Ministry of Foreign Affairs, Erling Rimestad, to deepen relations between Angola and Norway, in the field of hydrocarbons and energies . On the occasion, the portfolio holder reviewed the situation of the Oil and Gas sector and the country’s commitment to transparency in the extractive industries, making financial resources affect the populations more and more

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International News Renewable Energy

South Africa and Germany Partner on Green Hydrogen Projects

South Africa and Germany have inked a bilateral cooperation deal for the two countries to collaborate on a series of green hydrogen projects. The deal builds on existing cooperation established between the countries and aims to support the trade and development of the resource.  Green Hydrogen Lead in the Investment and Infrastructure Office of the President of South Africa Masopha Moshoeshoe stated that under the terms of the deal, Germany will provide support regarding the

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Economy Energy Gas International Renewable Energy

Mauritania’s Hydrocarbons Company Updates Gas and Renewable Projects

Mauritania possesses natural resources of world-class quantity and quality, including gas, solar and wind renewables, and minerals. These three pillars form an integrated and synergetic strategy adopted by the government to establish the country as an energy and steel hub for the local, regional, African, and international markets. Within this context, SMH is actively involved in various projects, both in the exploration and development stages. In terms of exploration, we are collaborating with partners Shell

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