Browsing: Africa

hydrogen

In a strategic move, the European Union is positioning Egypt as a pivotal partner in its energy ambitions, particularly in the realm of green hydrogen. European Commission President Ursula von der Leyen, during her recent visit to Egypt, emphasized the EU’s vision for substantial investments in the Arab country’s clean energy sector.

Green 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.