Browsing: Africa

Minister Plenipotentiary Trade and Head of Commercial Representation Yahya Al Wathiq Billah recently convened with representatives from India’s Rana Group, a multifaceted conglomerate renowned for its prowess in diverse economic sectors, including electric vehicles, agricultural equipment, satellites, and sustainable energy, particularly green hydrogen.

The African Climate Foundation (ACF) recently unveiled a strategic partnership with the Namibian Environmental Investment Fund (EIF) through a Memorandum of Understanding (MOU) aimed at supporting Namibia’s Green Hydrogen Program.

Namibia, a country rich in natural resources and potential for renewable energy development, stands at the precipice of a pivotal transition towards a low-carbon economy.

Egypt has embarked on an initiative to catalyze sustainable energy development, paving the way for a monumental investment of $40 billion in green hydrogen and renewable technology.

Chariot, the Africa-focused transitional energy company, has completed the feasibility study for its “Project Nour”.

SK Ecoplant and CSCEC announce a $2 billion investment to establish a green hydrogen and ammonia plant in the Suez Canal Economic Zone.

Egypt has signed seven Memorandums of Understanding (MoUs), worth around $40 billion, with international developers for the development of green hydrogen and renewable energy.

Hive Hydrogen South Africa, in collaboration with Genesis Eco-Energy, is embarking on a groundbreaking endeavor to implement 372 MW of wind power in South Africa’s Western Cape.

The renowned Belgian group John Cockerill is gearing up to make its mark in the Algerian market, setting its sights on renewable energies and the burgeoning sector of green hydrogen.

South Africa unveils a game-changing tax break for electric and hydrogen vehicle production. The initiative, announced in the recent budget, offers a substantial 150% tax deduction, aiming to galvanize investment and innovation in the automotive landscape.