Year: 2024

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…

Africa Energy Expo 2024’s Dynamic Agenda Attracts High-Profile Speakers and Key Stakeholders Shaping the Continent’s Energy Landscape

Mr Mohammed

KIGALI, Rwanda, July 8, 2024/ — Informa Markets (www.InformaMarkets.com), organisers of the first edition of the Africa Energy Expo (AEE), have confirmed that government Ministers from three African countries will join the line-up of speakers at the landmark energy event, taking place from 4 to 6 November 2024 at the Kigali Convention Centre, Rwanda. Delegates can look forward to hearing from Rwandan Minister of Infrastructure, H.E. Hon. Dr. Jimmy Gasore; Malawian Minister of Energy, H.E. Hon. Ibrahim Matola; and Namibian Minister of Energy and Mines, H.E. Hon. Tom Alweendo. They join a…

By land, air, and sea: Hospital ship and aviation charities renew partnership to bring life-changing surgery to patients to remote African regions

Mr Mohammed

TOAMASINA, Madagascar, July 8, 2024/ — Humanitarian aid organizations Mercy Ships (www.MercyShips.org) and Mission Aviation Fellowship (MAF) have renewed their partnership to help bring life-changing surgical care to isolated communities across Africa. Mercy Ships operates state-of-the-art hospital ships, providing free surgeries and healthcare services to sub-Saharan nations with limited access to safe surgical care. MAF’s purpose is to bring help, hope and healing through aviation to people living in isolation and poverty. The renewed memorandum of agreement between these two faith-based charities enables Mercy Ships to extend their reach further…

Gazprom Joins African Energy Week (AEW) 2024 as Silver Sponsor, Driving Africa’s Gas Momentum

Mr Mohammed

CAPE TOWN, South Africa, July 4, 2024/ — Russian multinational energy corporation Gazprom is spearheading a crucial refinery upgrade project at the Mossel Bay gas-to-fuel facility in South Africa – which advanced to feasibility stage last month – as part of efforts to support Africa’s gas monetization agenda and secure a reliable supply of refined petroleum products. As the world’s largest producer of natural gas, Gazprom will join African Energy Week (AEW): Invest in African Energy – taking place in Cape Town on November 4-8 – as a Silver Sponsor,…

AFRY is the technical partner in a new waste-to-energy project in Thailand

Mr Mohammed

Watsuduphan Thurakit Co. Ltd. (WSPT) has awarded AFRY with Owner’s Engineering services for a waste-to-energy facility in Nakhon Pathom, Thailand. This project contributes to the development of an improved municipal waste management system in the country. Waste-to-energy (WtE) facilities have become an important method for disposal of municipal solid waste around the world. The new plant will transform municipal waste into energy, thereby aligning with and contributing to Thailand’s sustainability pathway. The project, commonly known as WSPT 9.9 MW Nakorn Pathom WtE, will consist of the construction of a plant…

Egypt’s $50bn FDI sparks growth in tourism, housing construction

Mr Mohammed

Egypt’s construction industry is projected to grow at a CAGR of more than 8 per cent until 2029, global property services firm JLL said in a report, driven by increased government spending, active public-private partnerships, and continued investments in residential and mixed-use sectors. JLL said in its Egypt Construction Market Intelligence report that the North African country accounts for $515bn or 12 per cent of the MENA region’s unawarded project pipeline the prevailing national and global economic challenges. The value of residential projects in Egypt totalled around $36bn in Q1 2024,…

Africa- Policy Reform and Revitalization: The Key to Expanding South Africa’s Natural Gas Infrastructure (By NJ Ayuk)

Mr Mohammed

South Africa is in many ways one of the most modern countries in Africa, particularly with respect to electricity access. Yet while its numbers compare favorably with most other African nations (as of 2021, 89.3% of the population had reliable access to electricity, making it the fifth-highest ranking in the continent according to the World Bank), it still shares some of the same core problems as the others: an unreliable energy supply facing a rapidly growing population, an expanding economy, and increasing urbanization. With climate change looming large over any…

Republic of Congo Hydrocarbons Minister to Discuss Gas Monetization at Angola Oil & Gas (AOG) 2024

Mr Mohammed

LUANDA, Angola, July 4, 2024/ — Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo (ROC), has joined the Angola Oil & Gas (AOG) conference as a speaker. During the conference – scheduled for October 2-3 in Luanda – Minister Itoua will provide insight into emerging opportunities in oil exploration, gas monetization and LNG development, as well as potential areas for collaboration between the two countries. Both ROC and Angola have set bold production targets, aiming to increase oil output to 500,000 barrels per day (bpd) and 1.1…

The IMF is failing countries like Kenya: why, and what can be done about it

Mr Mohammed

Author: Danny Bradlow Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria First Published,July,2,2024  The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy. To be sure, the IMF is not the only cause of Kenya’s problems with raising the funds to meet its substantial debt obligations and deal with its budget deficit. Other causes…

Africa and the Energy Transition: The Nuances, Challenges and Prospects(By Mohammed A.Abu)

Mr Mohammed

Introduction The issue of global warming exacerbated by climate change impact drives the global call for transitioning from fossil fuels energy sources to renewables. The Agreement of the 28th UN Climate Change Conference (COPs 28) held last year in the Dubai Emirate of the United Arab Emirates(UAE) recommended “transitioning away from fossil fuels” that is, gradual rather that immediate phase out as was expected by some parties. Whereas some countries mostly from the global North relatively are transition ready, others with particular reference to oil and gas resources rich African…