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Egypt signs 4 agreements worth $33B to establish green ammonia projects in SCZone Egypt has secured agreements worth $33 billion for 4 green ammonia projects during the 2nd day of the Egypt-EU Investment Conference, highlighting the growing number of green ammonia projects in the Suez Canal Economic Zone (SCZone), with Prime Minister Mostafa Madbouly attending the signing of several agreements with European partners. The agreements, between the Sovereign Fund of Egypt (TSFE) and European developers, aim to bolster Egypt's renewable energy infrastructure, explained a cabinet statement on Sunday. Chairperson of the Sovereign Fund of Egypt, Ayman Soliman, emphasized the fund’s commitment to promoting Egypt as a regional green energy hub by partnering with international players in the renewable energy sector. The largest deal, worth $14 billion, involves British Petroleum (BP), Masdar, Hassan Allam Utilities, and Infinity Power Holding for a project at Sokhna Port. #egypt #eu #investment #expo Read more: https://lnkd.in/dszWmymT

The African Development Bank Group (AfDB) has approved a €14.42 million grant towards the RIMDIR Mini Grid Electrification Project in Mauritania as part of the Desert to Power Initiative. The grant from the AfDB’s Sustainable Energy Fund for Africa (SEFA) is meant to facilitate the electrification of 40 local communities. It will do so by establishing 7 mini-grids in the southeast region of Mauritania (Hodh El Gharbi and Hodh Echargui). Malinne Blomberg, Deputy Director General, North Africa Region, and Country Manager for Mauritania said the approval of this project reaffirms the Bank’s commitment and support for Mauritania. Read more: https://lnkd.in/dpdrtQUz #RenewableEnergy #Solar #Mauritania

We are pleased to announce a $14.1m investment in Xlinks Morocco – UK Power Project from Africa Finance Corporation (AFC). The continent’s leading infrastructure solutions provider will provide affordable, reliable, clean energy from Morocco to Britain within a decade. "By harnessing the abundant wind and solar power of the Sahara and channeling it directly to one of Europe's largest energy markets, this project not only boosts the growth of Morocco's economy through significant export revenues but also catalyzes the development of local clean energy industries," Samaila Zubairu, AFC President & Chief Executive Officer, said. James Humfrey, CEO of Xlinks First, said: “Securing AFC as an investor is a significant step forward in the development of the project. We are excited to be partnering with AFC, a leading financial institution created by African sovereign states, including the Kingdom of Morocco. They bring an unparalleled understanding of, and experience in, African infrastructure. Their mission - to foster economic growth and industrial development on the continent - aligns closely with the planned outcomes of the Morocco-UK Power Project”. AFC is the latest major investor in Xlinks First Ltd., joining Abu Dhabi National Energy Company (TAQA Group), TotalEnergies and Octopus Energy. Find out more about this significant milestone for the Morocco – UK Power Project. https://lnkd.in/dxrBQwck #CleanEnergy #EnergyTransition #Solar

Ghana's Energy Triumph: Catalyzing Growth in the Middle East's Energy Sector Ghana's remarkable strides in the Energy Sector not only herald a new era for Africa but also present significant opportunities for synergy and growth in the Middle East's Oil, Gas, & Energy industries. As Ghana embraces Renewable Energy and enhances its Energy Infrastructure, it creates a ripple effect that extends beyond its borders. Infrastructure developments, like the Tema LNG Terminal, offer collaboration prospects. Middle Eastern companies, renowned for their expertise in Gas Infrastructure, can partner with Ghana to strengthen its energy security and facilitate energy trade within the region, just one of many examples of how Middle Eastern firms can leverage their expertise and resources to play a pivotal role in supporting Ghana's energy infrastructure development, from the construction of Power Plants to the implementation of Smart Grid Solutions. Ghana's commitment to diversifying its energy mix, aligned with global efforts to reduce Carbon Emissions and combat Climate Change, opens avenues for collaboration between Ghana and Middle Eastern countries. The adoption of Renewable Energy Technologies in Ghana serves as a testament to the feasibility and scalability, inspiring confidence and driving investment in similar ventures across the Middle East. Projects like the Nzema Solar Power Station, for example, demonstrate the viability of solar in Africa, paving the way for Middle Eastern firms experienced in solar to enter new markets, share expertise, and drive growth. Furthermore, Ghana's emergence as a regional energy hub in West Africa creates pathways for Energy Trade and cooperation between the Middle East and Africa. As Ghana strengthens its energy security and enhances its capacity to meet domestic demand, it becomes an attractive partner for Middle Eastern countries seeking to diversify their energy markets and expand their presence in the African continent. By embracing Renewable Energy, Enhancing Infrastructure, and fostering Regional and Global Cooperation, Ghana paves the way for a more sustainable and interconnected energy landscape that benefits both Africa and the Middle East. Join the conversation at STATIC Arabia, taking place from 13 to 15 May 2024 at Dhahran Expo, Al Khobar, KSA, and together let us explore the opportunities that lie ahead for a brighter and more prosperous Energy future. #GhanaEnergy #MiddleEastEnergy #Renewables #InfrastructureDevelopment #EnergyTrade #Collaboration #Sustainability #STATICArabia #RenewableEnergy #Africa #MiddleEast #KSA Peter Atsu Dotse Ghana National Chamber of Commerce and Industry #SaudiArabia #EnergySector #MaximizingEnergy #MinimizingEmissions

Powering Southern Africa's Energy Future! At Ashayn Petroleum Holdings, we are committed to driving the energy sector's growth in Southern Africa and beyond. Our mission is to provide innovative solutions, create value, and meet the evolving energy needs of the region. With a focus on sustainability and diversification, we're shaping the future of the petroleum industry. Here's what sets us apart: 🔸 Visionary Leadership: Our team of industry experts is dedicated to pioneering new technologies and strategies for a cleaner, more efficient energy landscape. 🔸 Diversified Portfolio: We're not just about fossil fuels; we're investing in renewable energy sources and infrastructure to ensure a sustainable future. 🔸 Growth Potential: Southern Africa's energy demand is on the rise, and we're at the forefront, ready to meet the challenges and seize the opportunities. Join us on this exciting journey as we work towards a greener, more energy-secure Southern Africa. Together, we can power progress and make a lasting impact! #AshaynPetroleum #EnergyFuture #SouthernAfrica #PetroleumIndustry #Sustainability #Innovation #RenewableEnergy #PoweringProgress

📢 #Consultancy #Opportunity at #UNIDO #UNIDO seeks support from a contractor or a consortium to conduct a series of trainings on topics of high priority for a successful #energy #transition in São Tomé and Príncipe #STP. #Training #topics include: 📚 1) public policy, regulation, fiscal and non-fiscal incentives to promote the uptake of renewable energy and energy efficiency markets; 📚2) grid integration of variable renewable energy and storage technologies, smart grids and digitalization; 📚 3) project appraisal and design tools to determine the technical feasibility and financial viability of grid-connected and distributed RE projects, as well as energy efficiency interventions; 📚4) RE project finance, economics and financial analysis; and 📚5) gender mainstreaming. This cross-cutting module will be mainstreamed throughout topics 1 to 4. Interested bidders are invited to submit technical and financial offers by the #UNIDO #procurement #portal. Further information below: https://lnkd.in/ePdEjDsq Global Network of Regional Sustainable Energy Centres (GN-SEC) Centre for Renewable Energy and Energy Efficiency for Central Africa (CEREEAC) #MIRN #STP

Mini-grid projects in Mauritania to help improve electricity access #renewableenergy #ruralelectrification

Kenya-Tanzania Gas Pipeline Paves the Way for Regional Transformation 🌍🚀 Kenya's $1.1 billion gas pipeline project set to transform the region's energy landscape. Kenya has just sealed a game-changing deal that's set to reshape not only its own energy future but also that of Tanzania. The defunct Kenya Petroleum Refinery Ltd (KPRL) has officially changed hands, paving the way for an ambitious 600-kilometer gas pipeline connecting Dar es Salaam to Mombasa. Feasibility assessments have been successfully completed, clearing the path for a landmark transnational agreement on this transformative project. Spearheading this endeavour is Kenya's Cabinet Secretary for Energy and Petroleum, Davis Chirchir, who envisions a brighter, more interconnected future for both nations. This milestone project will not only enhance regional commerce but also significantly reduce energy costs. Under Kenya Pipeline Company's stewardship, the revitalised KPRL facility will play a pivotal role in ensuring maximum utilisation of the Mombasa-Dar es Salaam gas pipeline. This initiative comes after Kenya's strategic move to collaborate with US-based K&M Advisors, who conducted a meticulous feasibility study in December 2021. The study examined the viability of gas power generation in Mombasa County, utilising liquefied natural gas from Tanzania. Remarkably, this visionary project will optimise existing resources, as it complements Tanzania's Tanga gas facility that already serves nearly half of the Kenyan market. Gone are the days of cross-border gas transportation via trucks at Namanga and Holili – this pipeline is the future. Kenya is not only taking charge of its energy destiny but also maximizing its storage capabilities. Mr. Chirchir recently confirmed that the Kenya Pipeline will utilise the Mombasa storage tanks formerly used by KPRL, further strengthening the region's energy infrastructure. With 45 tanks boasting a combined storage capacity of 484 million litters, efficient fuel distribution is assured. What could the successful execution of a cross-border energy infrastructure project like the Kenya-Tanzania gas pipeline teach us about the potential for sustainable development through international collaboration in the energy sector? 💡🌏 #GasPipeline #EnergyInfrastructure #EastAfricaDevelopment #SustainableEnergy #EconomicGrowth #OIG Article by Business Insider Africa - https://lnkd.in/d2TQD2ge

The energy transition is underway in #Africa. Despite continued investment in fossil fuels, mainly south of the Sahara, African decision-makers are stepping up their efforts to promote the development of #renewable_energy projects. This trend is set to continue in 2024. Power Africa | AMEA Power | African Development Bank Group | Africa Finance Corporation | Scatec ASA | Finnfund | Norfund | Africa50 Infrastructure Investment Platform | ENGIE Africa | Nuru