Connect with us
Anglostratits

Energy

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

Published

on

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).

Home  Facebook

Energy

Siemens Energy Expands Angola Footprint as Senior Vice President (SVP) Waheed Abbasi Joins Angola Oil & Gas (AOG) 2026

Published

on

Energy Capital

From FPSO power solutions to local service capacity, Siemens Energy is scaling its role in Angola at a time when the country is pursuing gas expansion

LUANDA, Angola, April 28, 2026/APO Group/ –Waheed Abbasi, Senior Vice President, Gas Services: Europe and Africa at Siemens Energy, has joined the Angola Oil & Gas (AOG) Conference and Exhibition as a speaker. Abbasi’s participation comes at a time when Siemens Energy is deepening its footprint in Angola through major power infrastructure and local capacity investments, positioning itself as a key enabler of the country’s evolving oil and gas market. At the event this September (9-10), Abbasi is expected to bring insights into how power technology and gas infrastructure are converging to support Angola’s next phase of industry growth.

With a long-standing presence in Angola, Siemens Energy has played a central role in strengthening power and infrastructure systems through projects in the oil, gas and renewable energy sectors. The company is currently developing an 80 MW power generation plant for the Kaminho FPSO – part of the first large deepwater development in the Kwanza Basin. The FPSO, currently 50% complete, will be installed in 2027 with first oil produced from the Cameia field in 2028. By integrating advanced power generation systems into offshore infrastructure, Siemens Energy is supporting more efficient, lower-emission production while ensuring reliable operations in deepwater environments.

At the same time, Siemens Energy has strengthened its on-the-ground presence with the launch of its Angola Service Shop in 2026. The facility brings service execution, project support, training and critical spare parts closer to customers, enabling faster response times and improving operational reliability across Angola’s oil and gas sector. By anchoring its services locally, Siemens Energy is not only supporting existing projects but also building the infrastructure needed to sustain long-term industry growth, reinforcing supply chain resilience and technical capacity within the country.

Siemens Energy’s activities in Angola form part of a broader continental strategy, with the company active in more than 50 African countries and leading initiatives across power generation, renewable energy and hydrogen development. This pan-African footprint positions Siemens Energy as a key partner for governments seeking to balance industrial growth with energy transition goals. In Angola, this is particularly relevant as the country looks to diversify its energy mix while leveraging its hydrocarbon resources to drive economic development.

Angola’s strategy to increase the share of gas in its energy mix to 25% is creating new opportunities for companies like Siemens Energy to deploy gas-to-power solutions. The start of key projects, including the country’s first non-associated gas project – led by the New Gas Consortium –, is expected to unlock greater gas flows, supporting both LNG exports and domestic power generation. As gas availability increases, the need for efficient power generation, grid infrastructure and industrial energy solutions will become more critical. Siemens Energy’s technology portfolio, spanning gas turbines, power systems and integrated energy solutions, positions the company to play a central role in enabling this transition.

Stepping into this picture, Abbasi’s participation at AOG 2026 comes at a time when Angola is aligning upstream growth with downstream and power sector expansion, creating a more integrated energy ecosystem. The event will provide a platform for discussions around gas monetization, power infrastructure and industrial development, areas where Siemens Energy is actively contributing.

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

Continue Reading

Business

African Mining Week (AMW) to Showcase Emerging Mining Frontiers as Africa Ramps Up Geomapping

Published

on

Energy Capital

The upcoming African Mining Week will connect global investors with emerging opportunities across Africa’s mining sector amidst a surge in national geomapping exercises across the continent

CAPE TOWN, South Africa, April 28, 2026/APO Group/ –State agencies the Ghana Gold Board and the Ghana Geological Survey Authority have signed an agreement to co-conduct geological surveys in the Funsi, Atuna and Bensere East regions. The initiative aims to expand national gold reserves, increase output and support the formalization of artisanal mining operations. The agreement is part of a growing trend across Africa, with mineral-rich countries embarking on national geomapping programs to strengthen mineral production, de-risk exploration projects and position the continent as a key player in the global mineral supply chain.

 

Acceleration in geomapping exercises will be a key focus at the upcoming African Mining Week (AMW) Conference and Exhibition – The Most Influential Mining Conference in Africa, scheduled for October 14-16 in Cape Town. The event will connect global investors and geophysical technology providers with African regulators and project developers, facilitating strategic collaborations aimed at unlocking greenfield developments.

The theme for AMW 2026 – Mining the Future: Unearthing Africa’s Full Mineral Value Chain – reflects a growing trend among African mining jurisdictions eager to unlock the continent’s $8.5 trillion worth of untapped mineral potential. This is backed by the launch of national geomapping initiatives, aimed at identifying new exploration frontiers and supporting investments.

Recent examples include Burundi’s mid-March partnership with U.S. companies Lifezone Metals and KoBold Metals to assess the Musongati Nickel project and other critical mineral prospects. The Democratic Republic of Congo has also engaged Xcalibur Smart Mapping to survey an area spanning 700,000 square kilometers as part of a strategy to unlock over $24 trillion in untapped mineral reserves, with 90% of its geology yet to be explored.

Zambia has also completed 55% of its national geomapping project, as the country seeks to identify new copper deposits to meet its 2031 target of increasing output to three million tons. Meanwhile, Nigeria is advancing its own geomapping efforts following approval of a N1 trillion budget for 2026, aimed at unlocking the country’s potential in more than 44 critical minerals. Several other countries, including Tanzania, are also implementing similar initiatives, while South Africa is providing technical support to nations such as Gabon, South Sudan and Nigeria.

Liberia has plans to geomap 80% of its largely unexplored geology. In an exclusive interview ahead of AMW 2026, Matenokay Tingban, Liberia’s Minister of Mines and Energy, told organizers that “we are seeking geomapping and exploration partners. With Liberia’s vast but largely untapped mineral resources, access to geoscientific data will allow us to negotiate stronger investment deals and unlock downstream infrastructure development.”

The surge in geomapping initiatives highlights Africa’s commitment to unlocking its mining sector growth and presents lucrative opportunities for global exploration, drilling and geophysical technology providers. AMW 2026 will showcase ongoing geomapping progress, connecting African stakeholders with global partners to foster partnerships that will drive the expansion of Africa’s drilling and greenfield projects.

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

Continue Reading

Business

African Petroleum Producers Organization (APPO) Pushes Regional Energy Hubs to Unlock Africa-Wide Investment Scale

Published

on

Energy Capital

APPO’s Secretary General outlines integration strategy, gas potential and financing tools reshaping Africa’s energy investment landscape at IAE 2026

PARIS, France, April 24, 2026/APO Group/ –The African Petroleum Producers Organization (APPO) is promoting the development of regional energy hubs across the continent, aiming to remove trade barriers and strengthen infrastructure interconnections – from pipelines to refining and distribution networks.

 

Speaking at Invest in African Energy (IAE) 2026 in Paris, Farid Ghezali, Secretary General, APPO, said the initiative is central to repositioning Africa in the global energy system. The strategy signals a structural shift for investors: away from fragmented national markets toward a unified, high-growth regional bloc of 1.4 billion people.

“For investors, this changes everything,” Ghezali said. “You are no longer investing in isolated national markets, but in an integrated regional market with scale, demand growth and long-term potential.”

We need long-term partnerships that justify large-scale investments and create stability for both producers and buyers

Ghazali framed the push for integration as a response to a rapidly shifting global energy landscape marked by volatility and geopolitical uncertainty. “Recent events have shown that energy security is not just about supply – it is about reliability and resilience,” Ghazali noted. “The world is looking for diversification and stability,” he said. “Africa can offer both – but only if we organize ourselves as a connected and competitive energy market.”

A key part of APPO’s vision is addressing the continent’s infrastructure gap. Despite holding more than 600 trillion cubic feet of proven gas reserves, Africa continues to face constraints in monetizing its resources. “Resources in the ground are not enough,” Ghezali noted. “We need pipelines, LNG facilities, processing infrastructure – real assets that connect supply to demand.”

He emphasized that Africa must move beyond short-term, transactional energy deals, particularly in its engagement with Europe. “We cannot remain in the logic of short-term transactions,” he said. “We need long-term partnerships that justify large-scale investments and create stability for both producers and buyers.”

Financing remains a hurdle, especially as traditional capital sources become more cautious under ESG pressures. However, short-cycle exploration, near-field developments and optimization of existing assets offer immediate value, as recent successes in Namibia, MSGBC countries and Ivory Coast have shown. To support more projects, APPO has backed the creation of the African Energy Bank. At the same time, investors’ preferences are shifting toward integrated energy projects that combine upstream development with domestic power generation or LPG production. “The most attractive projects today are those that deliver both financial returns and development impact,” Ghazali said. “Gas-to-power projects respond to both energy security and sustainability.”

Ghazali underscored the need to boost intra-African energy trade. “We produce oil and gas, yet we import refined products,” he said. “This must change. Regional integration is the only path to a competitive and self-sufficient energy market.”

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

Continue Reading

Trending