Month: December 2022

Independents Energy Companies are Raring to Go in Africa in 2023 with Sustainable Energy Development (By NJ Ayuk)

Mr Mohammed

  OPINION PIECE They’re bringing private capital, experience, and know-how to the continent JOHANNESBURG, South Africa, December 26, 2022/ — By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration, production, and development companies, including independents. Three years later, Hill remains bullish about Africa, and Canada-headquartered Africa Oil Corp. is driving oil and gas exploration here. The company is…

Hydroelectric power plant in Hatta,UAE, is 58% complete: DEWA

Mr Mohammed

The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed Dubai Electricity and Water Authority (DEWA) has announced that the pumped-storage hydroelectric power plant site, which it is building in Hatta, is 58 per cent complete. The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed. It is the first station of its kind…

Africa’s free trade area offers promise for cities – but only if there’s investment

Mr Mohammed

Published: July 25, 2022 3.57pm SAST The African Continental Free Trade Area came into operation on 1 January 2021. This is a considerable achievement. The free trade area is now the world’s single largest market for goods and services, when measured by number of countries, after the World Trade Organisation. It is also the largest in terms of geographic area and population size. If implemented as foreseen by the agreement, the free trade area will unlock significant growth for the African continent. The World Bank has estimated that by 2035, trade between African countries…

“Minnesota 2027 Expo bid gets Strong Support”-Basil Ajuo

Mr Mohammed

Recent efforts made in Washington by the Minnesota Africa’s Alliance(MAU) board members and leaders to garner support for Minnesota’s bid to host World Expo 2027, has yielded positive results. This was disclosed in a official statement  by Basil Ajuo, President and CEO of MAU who stated, “In our conversations with Heads of State, Foreign Ministers, Ambassadors, and other high-ranking officials we found strong support for Minnesota’s bid. A number of these supporters are now lobbying other countries on our behalf.” “Our lobby week began with a briefing for African Diaspora…

About rising Global Warming and Carbon Emission Cuts

Mr Mohammed

“Seychelles is Already Net Zero” Says President Ramkalawan …. As U.S.-Africa Leaders’ Summit ends in Washington DC By: Mohammed Abu African Small Island Developing State of Seychelles President Wavel Ramkalawan has recently disclosed that his country is already net zero and even cleaning up the emissions of the world while also taking note of the efforts of others to achieve same in 2030, 2040, 2050 or 2060. President Ramkalawan noted that despite its size, Seychelles is not only talking about saving the planet but rather playing an active role through…

Securing Minnesota’s bid for Hosting World Expo 2027

Mr Mohammed

MAU intensity’s Campaign  as U.S.-Africa Leaders’ Summit hold Mohammed Abu The Minnesota Africans United (AU) delegation representing Diaspora Community groups from all 54 nations of Africa is in Washington for the entire week of activities related to the on-going U.S.-Africa Leaders’ Summit. The move is intended to garner support for Minnesota as the host city for the World Expo 2027 event. The targeted audience are, African Heads of State, Foreign Ministers, Cabinet Members and other officials from the 49 African nations taking part in President Biden’s U.S. Africa Leaders’ Summit.…

African Economic Conference 2022 urges development community to “walk the talk” on innovative solutions to fight climate change

Mr Mohammed

Participants asserted that achieving net zero emissions—the crux of the three-day conference—can be accomplished if all stakeholders are robustly engaged BALACLAVA, Mauritius, December 12, 2022/ — The 17th African Economic Conference ended on Sunday with a charge to the development community and governments to take decisive actions to address climate change. The African Development Bank, United Nations Economic Community for Africa, and United Nations Development Programme, the conference hosts, called on participants to walk the talk by producing concrete solutions for climate-smart development on the continent. Participants asserted that achieving…

African Development Bank Group President appoints Senegal’s former Minister Amadou Hott as Special Envoy for the Alliance for Green Infrastructure in Africa

Mr Mohammed

The Alliance will mobilize up to $500 million needed for a robust pipeline of bankable, greener projects ABIDJAN, Ivory Coast, December 13, 2022/ — African Development Bank Group (http://www.AfDB.org) President Dr. Akinwumi Adesina has appointed Senegal’s former minister Amadou Hott, as his Special Envoy and global champion for the Alliance for Green Infrastructure in Africa (AGIA). The African Development Bank, Africa Union and Africa50 launched the Alliance during COP27 last November with global partners: the African Union Development Agency, the African Sovereign Investors Forum, the European Investment Bank, the European Bank…

Saving the Amboseli Lion in Kenya from near Extinction

Mr Mohammed

Maasai Olympics, et al, to the rescue ……As Six-fold increase in Lion Population established !!! By: Mohammed Abu Monitoring by Lion Guardians, a Conservation NGO  has established that, there is a six-fold increase in the Amboseli lion population between 2004 and 2020, making it the fastest growing lion population on community-owned land in Africa, an astonishing turnaround following near extinction at the turn of the century. The reduction in lion killing isn’t only due to the Maasai Olympics factor alone, but also, as the result of other programs by, Big…

Positive Foreign Spillover Effects Needed in Africa’s SEZs Operations:EDITORIAL COMMENT

Mr Mohammed

Africa’s decades long trailing behind  the rest of the world in terms of industrialization is a thorny issue that has attracted comments from various development economists and experts. In order to scale up industrialization efforts, they contend, Africa needs a well crafted and strategic 21st Century  industrial policy. Increased investments in logistics, transportation and infrastructure which are  non-negotiable they contend, must underpin the industrial policies of the various African countries. On Special Economic Zones(SEZs) even though they admit  can contribute to Africa’s economic development, but they are  quick to caution,…