Connect with us
Anglostratits

Business

Green Hydrogen: Shaping Africa’s Sustainable Energy Future in Partnership with Europe

Published

on

Green Hydrogen

On day one of #AEW 2023, a panel discussion explored the green hydrogen landscape in Africa and Europe, forging collaboration between the two continents

CAPE TOWN, South Africa, October 17, 2023/APO Group/ — 

As Africa and Europe jointly spearhead the global green hydrogen economy, energy dynamics are undergoing a significant transformation. The abundant renewable energy potential in Africa, coupled with Europe’s ambitious production and import goals, is forging new energy pathways and redefining existing standards.

In line with this, African Energy Week 2023, the African Energy Chamber’s (AEC) premier energy event, featured a dedicated Hydrogen Summit under the theme ‘Powering the Future: Africa and Europe Unleashing the Green Hydrogen Revolution.’ The session, which was moderated by Ashutosh Singh, Director, Financial Services, S&P Global Commodity Insights, explored the far-reaching implications of this transformative shift.

The discussion opened with a keynote by Kgosientsho Ramakgopa, Minister in the Presidency responsible for Electricity, South Africa, underscoring the importance of green hydrogen in South Africa’s energy strategy.

“By 2040, Africa could produce 50 times more energy from renewables than the world’s estimated demand,” he said.

Speaking on South Africa’s ambitions, he added, “We are looking at $1 per kg by 2050, equivalent to indigenous low-cost energy, making South Africa one of the competitive industrial economies.”

The government has recognized green hydrogen as a key aspect of its just energy transition. It has implemented regulatory changes and introduced the Hydrogen Society Roadmap, serving as the industry’s comprehensive framework to facilitate large-scale investments.

“The intention of this kind of strategy is to ensure that we are able to develop the kind of standard required for green hydrogen in the future,” said Ramakgopa.

Meanwhile, in West Africa, Mauritania is spearheading large-scale projects, including the massive Aman project, the Nour Electrolyzer project and the Masdar-Infinity-Conjuncta green hydrogen project.

By 2040, Africa could produce 50 times more energy from renewables than the world’s estimated demand

“We have big potential in renewable energy and green hydrogen is available,” explained Nani Chrougha, Minister of Petroleum, Mines, and Energy, Mauritania.

“We are working on the legal framework, which will help to see investments into these resources. We want to put the investors in a position that makes them comfortable investing,” he continued.

With green hydrogen in demand, Africa can benefit from cutting-edge research and technological advancements in hydrogen production, allowing the continent to harness green hydrogen’s potential more effectively and contribute to its energy transition and economic growth.

While there is a need for Africa to adopt technologies for green hydrogen and learn from the necessary experiences from European nations, Minister Ramakgopa stated, “We are not the recipients of technologies; we also have the capacity to develop it.”

The panel discussed the need for infrastructure required to support the green hydrogen supply chain in Africa, highlighting some challenges and opportunities in its development.

Minster Chrougha said, “We need to access financing to access our important resources, and this will be investment in infrastructure and in the mining sector, and we need to develop capacity in the mining sector, and these are two challenges.”

Developing a skilled workforce is essential for advancing the production and utilization of green hydrogen. “For African countries, it is very vital to build local capacity. This is a technology that we have not been working on in a long time, so it is extremely important that governments and institutions start to work on building capacity across the entire value chain,” said, Solomon Nwabueze Agbo, Scientist and Project Coordinator at Forschungszentrum Jülich GmbH.

Finally, to drive investment in green hydrogen, Africa can draw inspiration from Europe’s success stories. By implementing supportive policies and fostering international collaboration, the continent can attract the investments necessary for a thriving green hydrogen industry.

“For us to get to the point of $2 per kilo, we need to get everyone around the table, including off-takers and financiers,” stated Chinnan Maclean Dikwal, Vice Chair, Board of Directors, African Energy Council.

He added that for nations that haven’t had the resources for green hydrogen development, it necessitates strategic collaborations. Partnerships are likely to play a significant role.

#AEW2023 takes place this week in Cape Town under a mandate to make energy poverty history by 2030. Keep following aecweek.com for more exciting information and updates about Africa’s premier energy event.

Distributed by APO Group on behalf of African Energy Chamber.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

on

CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Continue Reading

Trending