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African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project

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African Development Bank

The project is poised to leverage the country’s world-class solar and wind energy resources

PRETORIA, South Africa, December 10, 2025/APO Group/ –The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company,  to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green hydrogen economy.

The loan, sourced from the Sustainable Energy Fund for Africa (SEFA), will support front-end engineering design studies for solar and wind generation, battery energy storage systems, and electrolyser capacity and desalination infrastructure, thereby de-risking the project and attracting the financing required for its realisation.

SEFA is a multi-donor Special Fund that provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency. SEFA offers technical assistance and concessional finance instruments to remove market barriers, build a more robust pipeline of  projects, and improve the risk-return profile of individual investments.

The project is poised to leverage the country’s world-class solar and wind energy resources, The first phase includes 3.75 GW of renewable energy generation, battery storage, 1.5 GW of electrolyser capacity, and supporting infrastructure such as desalination facilities, pipelines, transmission lines, and enhanced port facilities—all developed to the highest environmental and social standards.

We are deeply appreciative of the African Development Bank for partnering with us in the development of this transformative project

Once completed, the project is projected to produce 2 million tons of green ammonia annually for export to key markets, while contributing to local economic development under a comprehensive socio economic development plan embedded in the project’s 40-year concession agreement.

It will additionally avert annual emissions of  5 million tons of Co2—the equivalent of removing over one million cars from the road—while deploying 7.5 gigawatts of renewable energy generation capacity, more than 10 times Namibia’s current installed capacity. Additionally, the project will supply 3 million liters of clean water through desalination daily to the water-scarce region of Lüderitz in Southern Namibia.

Moono Mupotola, African Development Bank Country Manager for Namibia and Deputy Director General for Southern Africa, said: “This is about far more than energy infrastructure,” said. “This is about demonstrating Africa’s capacity to lead the global energy transition, create quality jobs for our youth, and build prosperity while protecting our planet. Namibia is showing the world that Africa is not just participating in the green economy —we are defining it.”

“The African Development Bank’s approval of this pre-investment facility represents a strong vote of confidence in Hyphen’s project and in the broad ambitions of Namibia to develop one of the world’s most transformative green hydrogen  projects,” said Marco Raffinetti, CEO, Hyphen Hydrogen Energy. “We are deeply appreciative of the African Development Bank for partnering with us in the development of this transformative project. This facility, which will be utilised to partially fund the technical design phase of the project on our journey to the final investment decision.”

“SEFA’s intervention is catalytic,” said Daniel Schroth, Director for Renewable Energy and Energy Efficiency at the African Development Bank. “By supporting these essential pre-investment activities, we are unlocking billions in project financing. This is a strategic, high-impact development project.”

The project is expected to generate 15,000 construction jobs and 3,000 permanent positions, 90% of these  reserved for Namibian nationals and 20% specifically targeting youth in a country where youth unemployment exceeds 38%.

The Hyphen project is viewed as a flagship of the government’s Southern Corridor Development Initiative. It is expected to have a demonstration effect across Africa, particularly in countries that have abundant renewable energy resources.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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Egypt’s Mineral Resources Authority Chair Joins African Mining Week (AMW) Advisory Board

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Etu Energias

Eng. Yasser Ramadan, Chairman of the Egyptian Mineral Resources Authority has joined the 2026 edition of African Mining Week – scheduled for October 14–16 in Cape Town – as an advisory board member

CAPE TOWN, South Africa, June 23, 2026/APO Group/ –Eng. Yasser Ramadan, Chairman of the Egyptian Mineral Resources Authority (EMRA) has been appointed as an Advisory Board Member of African Mining Week (AMW) – The Most Influential Mining Conference in Africa – reinforcing the event’s engagement with key regulatory institutions shaping the continent’s mining sector.

 

In his role, Ramadan will provide strategic guidance on core themes and agenda priorities for AMW, ensuring alignment with Egypt’s mining sector vision, including regulatory reform, investment facilitation and value-added mineral development.

His appointment strengthens AMW’s position as a direct engagement platform for global investors seeking exposure to Egypt’s mining industry. It also supports Egypt’s broader national agenda to attract foreign direct investment into key mineral segments including phosphate, gold, copper and industrial minerals, which are central to the country’s industrialization and resource monetization strategy.

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 will convene African regulators, including EMRA, alongside global investors and project developers for partnerships formation aimed at unlocking investment flows across the continent’s mining sector.

AMW 2026 comes at a time when Egypt is accelerating reforms and strategic initiatives across its mining sector. These include enhanced collaboration on mineral value chains, such as the Afreximbank-Central Bank of Egypt initiative to establish the African Gold Bank, aimed at financing gold mining and beneficiation projects. Additionally, Egypt’s Suez Canal Economic Zone-based Futurefert project recently secured $20 million in financing from the European Bank for Reconstruction and Development to develop fertilizer production facilities, further supporting the country’s phosphate beneficiation ambitions and regional food security objectives.

Meanwhile, regulatory reforms are also underway, including the development of a modern mining cadastre system designed to streamline licensing processes and improve transparency for investors, led by EMRA.

Through his role on the AMW Advisory Board, Ramadan will position Egypt as a key mining investment destination within Africa’s evolving resource landscape.

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Distributed by APO Group on behalf of Energy Capital & Power.

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Africa’s Data-First Energy Workforce is the Key to Unlocking Future Exploration

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African Energy Chamber

Africa’s energy sector is undergoing a massive digital transformation, leveraging AI and analytics to enhance transparency and production while prioritizing essential workforce development and innovation

CAPE TOWN, South Africa, June 22, 2026/APO Group/ –Africa’s energy future will be shaped not only by the resources beneath the ground, but by the ability of its workforce to interpret, manage and act on increasingly complex datasets. As exploration targets become more technically challenging and investors demand greater certainty, energy companies across the continent are turning to artificial intelligence, advanced analytics and digital platforms to improve decision-making. Building a data-first workforce capable of leveraging these technologies is emerging as a strategic priority, enabling operators to reduce exploration risk, optimize production and accelerate project development.

 

As digital innovation becomes increasingly critical to streamlining operations across exploration and production, this year’s African Energy Week (AEW) 2026 – taking place in Cape Town from October 12–16 – is set to highlight how these shifts impact regional competitiveness. These industry-wide advancements are set to take center stage during Renegade Intel, the event’s premier track dedicated to AI and data centers.

For Africa’s exploration sector, digitalization is becoming a prerequisite for success. As operators pursue frontier acreage, deeper reservoirs and more complex geological plays, the ability to process and interpret large volumes of seismic, subsurface and operational data is critical. However, technology alone is not enough. Scaling exploration activity will require a workforce equipped with advanced digital skills, capable of applying AI-driven insights to geological modeling, prospect evaluation and resource development.

In the exploration sector, the BHP Xplore Bootcamp – designed to fast-track early-stage mineral exploration – launched in South Africa on February 3. The intensive program provides junior explorers with $500,000 grants and access to proprietary data analytics, specifically targeting deeper copper and zinc systems in the Northern Cape province through advance mineral modeling.

Harnessing digitalization is no longer an option but a necessity to ensure Africa remains globally competitive

Further boosting upstream efficiency, global technology company SLB inaugurated its Africa Performance Center in Luanda, Angola in late 2025. The facility provides regional operators with high-fidelity digital twins and AI-driven workflows for enhanced oil recovery. These tools allow companies to analyze massive datasets, extending the life of mature fields in Angola and Algeria.

AI is increasingly being adopted across Africa’s energy management systems. Leading the charge in modern grid management, South Africa’s state utility Eskom announced on March 3 that it is leveraging AI to build a self-healing power grid. This ambitious project aims to utilize predictive analytics to minimize outages and optimize integration of renewable energy sources across its national transmission network. This was followed by the signing of an agreement between Eskom, the University of Pretoria and the South African National Energy Development Institute, aimed at harnessing the power of AI to address critical energy challenges across the country.

Similar moves are taking place in Nigeria. In a landmark move for regulatory transparency, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) launched a 60-day digitalization program in early 2026. NUPRC Commission Chief Executive Oritsemeyiwa Eyesan announced the initiative following a visit from the Nigeria Extractive Industries Transparency Initiative’s Executive Secretary Musa Sarkin Adar, pledging to eliminate paper trails to enhance speed and royalty enforcement.

Sustaining this momentum requires robust talent pipelines and university partnerships. Workforce reform is essential to bridge the technical gap, as African institutions must evolve into dynamic innovation hubs. Investing in local skills development ensures that the digital transition remains Africa-led, creating high-value jobs for the continent’s growing youth population.

“Transforming Africa’s economic potential into reality requires that we empower those who make growth possible – our SMEs, our women entrepreneurs and our youth,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Harnessing digitalization is no longer an option but a necessity to ensure Africa remains globally competitive.”

Ultimately, digitalization and skills development are the dual engines driving Africa toward an era of energy abundance. By fostering a tech-savvy workforce and adopting cutting-edge analytics, the continent can de-risk projects and attract long-term capital. These critical advancements are set to form the cornerstone of discussions at the Renegade Intel track at AEW 2026 this October.

Distributed by APO Group on behalf of African Energy Chamber.

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Cabship Expands Artificial Intelligence (AI)-Driven Logistics, Workforce Development Strategy Ahead of Angola Oil & Gas (AOG) 2026 Sponsorship

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Etu Energias

As Angola’s oil and gas sector evolves, Cabship is expanding its service offering through digital innovation, workforce development and integrated logistics solutions designed to support the next phase of industry growth

LUANDA, Angola, June 22, 2026/APO Group/ –Angolan logistics and maritime services provider Cabship is strengthening its service portfolio to better support the country’s evolving oil and gas sector, while leveraging digital technologies, workforce development and local partnerships to meet growing industry demand. Reflecting its expanding role across Angola’s oil and gas value chain, the company has joined the Angola Oil & Gas (AOG) 2026 conference and exhibition as an Elite Sponsor.

 

Over the years, Cabship has developed into a strategic integrated logistics and support service providers for Angola’s oil and gas industry. The company offers a broad range of solutions spanning shipping, customs clearance, procurement, warehousing, material management, pipe yard operations, freight forwarding, transportation and offshore support services. Building on this foundation, Cabship continues to diversify its capabilities to support increasingly complex upstream and offshore developments across Angola.

The company’s growth strategy has been underpinned by continuous investment in technology and operational efficiency. As Angola’s oil and gas industry embraces digital transformation, Cabship has integrated artificial intelligence and advanced digital tools into its logistics and supply chain operations. These technologies are helping optimize cargo tracking, improve operational planning and enhance the efficiency of project execution, enabling operators and service providers to reduce costs while maintaining reliability across the supply chain.

Alongside technology adoption, Cabship has placed local content development at the center of its long-term strategy. The company signed a partnership agreement with Angola’s National Petroleum Institute (INP), aimed at strengthening training initiatives to prepare young Angolan professionals for careers in the energy sector. The partnership initially benefits 15 individuals from the provinces of Cabinda, Zaire, Bengo and Luanda, with recipients undergoing specialized training in industrial electricity in renewable energies and international welding.

The company has also continued to expand its offshore and marine support capabilities through strategic partnerships, strengthening its ability to provide integrated services for both shallow-water and deepwater operations. These efforts align with Angola’s broader objectives of increasing local participation across the oil and gas value chain while supporting new exploration, development and production projects.

As an Elite Sponsor of AOG 2026 – taking place September 9-10 in Luanda, with a pre-conference day on September 8 – Cabship will join industry leaders, policymakers and investors to discuss the future of Angola’s oil and gas sector. The company’s participation highlights the increasingly important role that logistics, digital innovation and workforce development play in supporting Angola’s next phase of oil and gas growth.

 

Distributed by APO Group on behalf of Energy Capital & Power.

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