Month: July 2024

Morocco Earmarks One Million Hectares of Land for the Construction of Green Hydrogen Projects and Real Estate

Mr Mohammed

Morocco has pledged to award one million hectares of land to facilitate the construction of its green hydrogen projects. Furthermore, the government plans to allocate this vast land to develop real estate projects as part of its “Morocco Offer” initiative. Prime Minister Aziz Akhannouch highlighted that this enormous land allocation will support integrated green hydrogen projects, enhancing Morocco’s competitiveness in the global market. In addition to the land allocation, the government is implementing measures to streamline the real estate sector. This includes simplifying administrative procedures, reducing required documents, and establishing regional…

African Petroleum Producers Organization (APPO) Executive Retreat Explores Africa’s Oil & Gas (O&G) Future in the Age of the Energy Transition

Mr Mohammed

JOHANNESBURG, South Africa, July 11, 2024/ — African intergovernmental organization the African Petroleum Producers Organization (APPO) held an executive retreat to discuss the future of the African oil and gas sector amidst the ongoing energy transition on July 8-9. The retreat was in preparation for the opening ceremony of APPO’s 18th Executive Board Meeting which will be held today, Thursday June 11, where the Republic of the Congo’s Minister of Hydrocarbons Bruno Jean Itoua and APPO’s Alternate President will give an opening address. During the retreat, APPO member nations discussed…

West Africa Set for Downstream Boost with African Refiners and Distributors Association (ARDA) Participation at MSGBC 2024

Mr Mohammed

DAKAR, Senegal, July 10, 2024/ — In support of the development and deployment of liquefied petroleum gas (LPG) solutions throughout the continent, pan-African downstream organization the African Refiners and Distributors Association the UN-backed Global LPG Partnership have mobilized $1 billion in financing for clean cooking solutions in Africa. As such, the participation of ARDA Executive Secretary Anibor Kraghan as a speaker at this year’s MSGBC Oil, Gas & Power 2024 conference – taking place in Dakar from December 3-4 – will showcase the role downstream expansion has in delivering an…

NJ Ayuk Selected as Leading Practitioner in Who’s Who Legal: Energy 2024

Mr Mohammed

JOHANNESBURG, South Africa, July 10, 2024/ — African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk has been selected as one of the world’s leading practitioners in the Who’s Who Legal (WWL): Energy 2024 report. Hosted by global legal intelligence platform Lexology, the WWL: Energy 2024 report is a comprehensive source of international legal updates, analysis and insights on law firms and in-house counsel. Ayuk’s selection not only underscores his expertise in the field of energy but his recognition as an authority in the African energy sector. The WWL: Energy 2024 report identifies private practice lawyers…

Africa: APO Group Chairman Nicolas Pompigne-Mognard to Share Insights on African Sports and Development at EurAfrican Forum 2024

Mr Mohammed

CASCAIS, Portugal, July 10, 2024/ — APO Group (www.APO-opa.com), the leading pan-African communications consultancy and press release distribution service, is glad to announce that its Founder and Chairman, Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), will be a guest speaker at the seventh edition of the EurAfrican Forum 2024 (www.EurAfricanForum.org). The event, organised by the Portuguese Diaspora Council, will take place at NOVA School of Business and Economics in Cascais, Portugal on 15 – 16 July 2024. Launched in 2018 and chaired by the former President of the European Commission and current Chair of…

The Celebration of Fire Festival:Prospects & Tourism Potentials for the Gbewaa Kingdoms(By Fuseini Yakubu)

Mr Mohammed

  Fuseini Yakubu Introduction.  This article presents the celebration of Fire Festival in the three main Gbewaa Kingdoms in Northern Ghana. Fire Festival is an annual festival for the people of the Gbewaa Kingdoms. It’s celebrated on the 9th day of the month of fire “Bugum Goli”. The lunar month of Fire Festival “Bugum Goli”, is the first month and beginning of a new year, just like January which is the first month of a new year. The article will also discuss the prospects and tourism potentials for the celebration…

How Would a New BRICS Currency Affect the US Dollar? (Updated 2024)

Mr Mohammed

By:Melissa Pistilli,First Published,July 8,2024 The BRICS nations are interested in creating a new currency to compete with the US dollar, and recently announced plans for a blockchain-based payment system. Learn about the developments thus far and how investors can prepare for the possibility. The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential BRICS currency would allow these nations to assert their economic independence while competing with the existing…

Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

Mr Mohammed

Dubai’s tourism sector has been on a remarkable trajectory, marking an 11 per cent increase in international overnight visitors in Q1 2024, with 5.18 million visitors gracing the emirate’s shores. This surge follows a record-breaking year in 2023, where Dubai welcomed an unprecedented 17.15 million international overnight visitors, firmly establishing itself as a global tourism powerhouse. Dubai’s success story isn’t just confined to numbers; it’s a testament to the city’s diversified approach, tailored strategies, and activities across more than 80 markets. This approach has maintained Dubai’s status as the destination…

Carbon & Emissions Tech Sector Registers $2.7B In Q1 VC Investments – PitchBook Report

Mr Mohammed

In 2023, the carbon and emissions technology sector showed remarkable resilience and growth, securing a record $17.7 billion in venture capital (VC) investments, according to an industry overview, published by financial data provider PitchBook’s Institutional Research Group. However, the VC deal value for Q1 2024 was $2.7 billion, marking the lowest quarterly value since Q1 2021. First quarters are usually slower that the following ones The 2024 Carbon & Emissions Tech Overview, reveals the latest trends, technological advancements, and market dynamics shaping the carbon and emissions tech landscape. The 2023 investments…

Angola Environmental Services Joins Angola Oil & Gas (AOG) 2024 as Silver Sponsor

Mr Mohammed

LUANDA, Angola, July 8, 2024/ — Angola plans to increase oil production to 1.1 million barrels per day (bpd) until 2027, thereafter maintaining output at this level. To support production growth, the country is promoting investment in exploration, with several drilling campaigns planned across both on- and offshore acreage. As upstream drilling progresses in Angola, waste management company Angola Environmental Servicos (AES) joins the Angola Oil & Gas (AOG) conference (http://apo-opa.co/4cRIMO5) – scheduled for October 2-3 in Luanda – as a Silver Sponsor. During the event, AES is expected to share…