Browsing: Africa

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.

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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.

Hydrogen

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.