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Mauritania’s Quest for Green Hydrogen Financing

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green hydrogen

Mauritania, as a high potential market for solar and wind, seeks global partnerships and investments to expands its nascent green hydrogen industry

NOUAKCHOTT, Mauritania, August 2, 2023/APO Group/ — 

The Mauritanian government has placed green hydrogen as a strategic development opportunity under efforts to position the country as a global hydrogen hub. However, to achieve this objective, significant investments are required. Moustapha Bechir, Director General of Hydrocarbons at Mauritania’s Ministry of Petroleum, Energy and Mines, stated in an exclusive interview with Energy Capital & Power (ECP) (https://www.EnergyCapitalPower.com) that, “With its sunshine, year-round winds and extensive coastline, Mauritania has the potential to become a leading green hydrogen producer in the region and the world.”

However, challenges associated with lack of investment and infrastructure have largely restricted industry growth.

According to a McKinsey analysis, meeting the green hydrogen goals of top African countries will require up to $55 billion in investment by 2030 and $900 billion by 2050. The main infrastructure challenges in the MSGBC nation, according to Isselmou Lehbib, Director of the Port of Ndiago in Mauritania, are a lack of roads connecting ports to the rest of the nation; an absence of power; and a shortage of pipelines.

“The main projects, like Nour or Aman, are located northeast of Nouakchott, in the middle of the desert, near the mining region, and we need to unlock these areas,” Lehbib said in an interview with ECP. As such, Mauritania is pursuing a range of financing mechanisms to grow its green hydrogen market.

The Support of the World Bank and the AfDB

Mauritania has significant potential in hydrogen production through gas reforming and renewable energy-powered electrolysis

The African Development Bank (AfDB) and the World Bank have emerged as top advocates for Mauritania’s green hydrogen initiatives. The AfDB is supporting Mauritania in areas such as legal frameworks, local procurement requirements and green hydrogen knowledge transfer, while the World Bank has released the country’s Roadmap for Low-Carbon Hydrogen Development, providing support through policy advise and frameworks.

Loana Billieux, World Bank Communications Associate for Western and Central Africa, agrees that large investments are needed in Mauritania to unleash the potential of green hydrogen. “Mauritania has significant potential in hydrogen production through gas reforming and renewable energy-powered electrolysis,” she explained to ECP, “But the sector requires substantial investments and impact management throughout the value chain.”

Support from these multinational development finance institutions is not enough, and as such, Mauritania is looking towards the private sector to fund projects. The government signed an agreement with Britain’s bp for the evaluation of the technical and commercial feasibility of green hydrogen Additionally, companies such as Conjuncta, CWP Global, Total Eren and Chariot are spearheading projects. These developments barely scratch the surface of the country’s green hydrogen potential, and the government is inviting new private players to join the market.

In Search of State Partners

Mauritania has also turned to its regional neighbors to finance the green hydrogen market. Abdessalam Ould Mohamed Saleh, Mauritania’s Minister of Economy and Sustainable Development, is touring the world to meet with and encourage possible state investors. Last June, he proposed that Belgium serve as the first entry point for Mauritanian green hydrogen in Europe. He put forward a bilateral memorandum of understanding for European authorities to consider.

Saleh also met with Wung Wentao, China’s Minister of Economic Cooperation and Trade, to discuss bilateral investment and cooperation opportunities, notably in the field of green hydrogen. China intends to put 50,000 hydrogen fuel-cell vehicles on the road by 2025, as well as establish a number of hydrogen-recharging stations, making it a viable market for Mauritanian green hydrogen.

With the government inviting regional investors, private sector players and global financiers to join the lucrative Mauritanian green hydrogen market, the upcoming MSGBC Oil, Gas & Power conference – scheduled for November 21-22 in Nouakchott – will connect stakeholders, providing a platform for deals to be signed and investment secured. For more information, click here (https://apo-opa.info/3OHK6dn).

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

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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