Kenya has secured a groundbreaking deal with the European Union (EU) to receive approximately Sh1.9 billion (€12 million) in grants for its budding green hydrogen industry.
Rabah Arezki, the director of research at the French National Center for Scientific Research (CNRS), warns that the focus on hydrogen could potentially divert attention from pressing domestic social issues, particularly those linked to the migration crisis.
Ahmed Rizk, a representative of the United Nations Industrial Development Organization (UNIDO), highlighted that Egypt’s journey into green hydrogen dates back to the 1960s when it embarked on this sustainable path with the establishment of the Aswan High Dam. This pioneering approach positions Egypt as one of the earliest adopters of green energy initiatives globally.
A recent report from Deloitte, a global professional services firm, underscores the potential of green hydrogen to revolutionize our energy landscape. From its role in slashing emissions-intensive sectors to its projected market value surpassing liquid natural gas trade, the journey to a cleaner, sustainable energy future seems promising, albeit requiring substantial investments.
In a bid to strengthen bilateral cooperation and foster sustainable development, Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, engaged in discussions with South Korean Ambassador to Cairo, Kim Young Hyun.
Nedbank Namibia’s resolute investment of N$350,000 into the national Green Hydrogen Project has set the stage for Namibia’s foray into the burgeoning green hydrogen economy.
In a groundbreaking development poised to reshape Egypt’s energy trajectory, Dalia Samir, co-chair of Egypt’s Hydrogen Company, has unveiled a pivotal partnership agreement with China’s industry giant, “Beric.”
A recent study conducted by Deloitte has unveiled an interesting proposition: Morocco and Egypt have the potential to emerge as global frontrunners in the impending green hydrogen revolution.
A groundbreaking endeavor to harness the power of green hydrogen and renewable energy sources is underway in South Africa, as a consortium of prominent companies is vying for the opportunity to construct and fund a pioneering 50 billion rand ($2.6 billion) hydrogen-focused port and rail link.
The vision of North Africa emerging as a prominent green hydrogen exporter by 2050 to meet Europe’s surging demand is no longer a distant dream. A recent report from accounting consultancy Deloitte has projected an industry that is poised to reshape the global energy map while contributing to a colossal $1.4 trillion-a-year market by 2050.
