Many African countries continue working together to expand their fossil fuel infrastructure. They want to become less dependent on the international oil markets, secure their energy supply and keep oil revenues in Africa, even if this conflicts with their climate targets. The African Export-Import Bank (Afreximbank) recently launched a three billion US dollar loan system […]
East African Crude Oil Pipeline Limited (EACOP Ltd.), the company developing a five billion US dollar crude oil pipeline in Uganda, has completed the first round of external financing from a group of institutions. The consortium includes banks from Africa and Saudi Arabia. This means that the French energy company Total Energies can continue to […]
Although oil and gas production off the Namibian coast has recently suffered a setback, the country intends to continue its twin-track approach. The first successes can now be reported with hydrogen. One of the most promising hydrogen projects in Namibia is that of the German-Namibian company HyIron, which uses green hydrogen to reduce iron ore […]
Decentralized small power grids based on photovoltaic power (“mini-grids”) are experiencing a boom worldwide. However, they are experiencing particularly strong growth in sub-Saharan Africa. There, the small grids supply people in remote areas with electricity and contribute to the fight against climate change.This is according to a new report by the Sustainable Energy for All […]
Senegal has launched the production of offshore oil with the “Sangomar Project.” The 5 billion dollar project by Australian company Woodside is intended to boost the country’s economy and make it less dependent on energy imports. However, it also calls Senegal’s climate action commitments into question. At the same time, the JETP energy partnership is […]
The African Petroleum Production Organization (APPO) wants to play a more active role in the energy industry on the continent. To this end, it has provided the Africa Energy Bank (AEB) with seed capital of five billion dollars to finance energy projects throughout Africa. The capital is subscribed by APPO member states, national oil and […]
Climate financing and its significance for national climate plans (NDCs) will be a central topic at this year’s UN climate negotiations. Many developing and emerging countries cannot achieve their goals without massive financial and technical support (“conditioning”), whether it’s for expanding renewable energy, combating deforestation, adapting to climate change or establishing low-carbon infrastructure.This overview by […]
Uganda has joined other African countries like Nigeria, Ghana and Kenya to launch an energy transition plan (ETP). The plan unveiled at the COP28 climate summit in Dubai, sets out an ambitious yet feasible pathway to achieve universal energy access by the end of the decade and a peak in emissions by 2040. However, the plan’s […]
The creation of a new “Ministry of Gas Resources” has sparked a debate in Nigeria about the country’s climate policy. The government stresses the potential economic advantages of using domestic natural gas and sees this as strengthening the planned energy transition. Critics, on the other hand, see the country’s climate goals at risk and fear […]
In Nigeria, Africa’s largest and most populated country, energy and climate policy faces significant changes. The world’s eleventh largest oil producer, which ranks 25th on the list of global greenhouse gas emitters, is pursuing a contradictory strategy: The country aims to become climate-neutral by 2060 and promote renewables while simultaneously expanding the extraction of domestic […]