Browsing: Africa

hydrogen

In a collaborative effort to explore the immense potential of the low-carbon hydrogen sector, the Nigerian and German governments convened during the 2nd German-Nigeria Symposium on Green Hydrogen. The goal is to leverage the rich resource base of both nations for a sustainable and eco-friendly energy transition.

hydrogen

Germany has pledged EUR 23.1 million (USD 24.65 million) to South Africa. The financing, orchestrated by development bank KfW on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), is designated to advance the development of a robust green hydrogen economy in South Africa.

Egypt Unveils Tax Incentives to Propel Green Hydrogen Investments

Egypt has announced a comprehensive set of tax incentives aimed at catalyzing investments in green hydrogen projects. Mohammed Maait, the Finance Minister, unveiled these incentives during an investment conference in Istanbul, underscoring Egypt’s commitment to green energy and environmental sustainability.

green hydrogen

Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, recently sat down with Andreas Matthe, CEO of Siemens Smart Infrastructure’s Electrical Products Business Unit. The meeting, attended by Mostafa El-Bagoury, CEO of Siemens Egypt, and Mohamed Badran, Head of Siemens Egypt’s LV and MV business, aimed to explore collaboration opportunities in Egypt’s electricity and renewable energy sector and potential investments.

hydrogen

In recent years, green hydrogen has staged a remarkable comeback and is emerging as a linchpin in the pursuit of a climate-neutral economy. It promises to play a pivotal role, particularly in addressing emissions in challenging sectors such as transport, heating, and heavy industry, and offers a solution for inter-seasonal energy storage. This resurgence of green hydrogen, driven by both energy security and decarbonization imperatives, is now not only fostering economic opportunities but also birthing a new era of EU-Africa relations.

Egypt's Ambitious Ascent to Global Green Hydrogen Prominence

Egypt is positioning itself to emerge as a global hub for green hydrogen production. The country’s Oil Ministry Undersecretary for Projects, Ahmed Khalifa, has unveiled an extraordinary vision to harness Egypt’s abundant solar and water resources. This vision is backed by multi-billion-dollar projects and collaborations with major industrial players.