Month: January 2025

Africa Energy Summit, leaders commit to energy transformation with more than $50billion backing from global partners

Mr Mohammed

DAR ES SALAAM, Tanzania, January 29, 2025/ — Thirty African Heads of State and government today committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity to power economic growth, improve quality of life, and drive job creation across the continent. The leaders pledged their commitment in a declaration during the two-day Mission 300 Africa Energy Summit in the Tanzanian commercial capital, Dar es Salaam. Mission 300 partners pledged more than $50 billion in support of increasing energy access across Africa. The Dar es Salaam Energy Declaration represents…

African Energy Ministers, National Oil Companies (NOCs) and Regulators Stand Out Among African Energy Chamber’s (AEC) 2025 Movers and Shakers

Mr Mohammed

JOHANNESBURG, South Africa, January 28, 2025/ — Key African energy ministers, national oil companies (NOCs) and regulators have been recognized for their contributions to advancing hydrocarbon exploration, LNG megaprojects and policy reforms in the African Energy Chamber’s (www.EnergyChamber.org) Top 40 Movers and Shakers to Watch in 2025 list. Namibia’s Tom Alweendo, Minister of Mines and Energy, is at the forefront of the country’s emerging oil industry. With first oil expected by 2029 and a pioneering local content policy in place, Minister Alweendo is focused on translating Orange Basin discoveries into tangible development,…

Combating Africa,3rd World Debt Burden

Mr Mohammed

Story: Mohammed A. Abu Mr. Sohaili Ahmed Zubairi, a globally renowned Islamic Banking and Finance(IBF) and Shariah Consultant, who is also a former Advisor to the Dubai Federal government on Islamic economy, has said that, the current age-old debt initiation system has completely failed. That is, in providing the economic relief to the people whose countries borrow money from development financial institutions (DFIs). This outdated method Mr. Sohail intimates, needs to be replaced by a disruptive approach with the help of technology which should work inversely than initiating debt and…

15th IRENA Assembly to Set Energy Transition Narrative for 2025

Mr Mohammed

Abu Dhabi, United Arab Emirates, 12 January 2025 – The 15th Session of the International Renewable Energy Agency (IRENA) Assembly convenes today, January 12, 2025, in Abu Dhabi, marking the first international energy meeting of the year. Under the theme ‘Accelerating the Renewable Energy Transition – The Way Forward,’ the two-day meetings will bring together ministers and high-level delegates from IRENA’s 170 Member States, academia, development banks, CEOs and youth to enhance wider, cross-sectoral collaboration on the energy transition. Key discussions will focus on tripling renewable energy capacity by 2030, enhancing ambition in Nationally Determined Contributions (NDC…

Ghana gets African and Global Spotlight

Mr Mohammed

Story: Mohammed A. Abu The people of the West African nation of Ghana during the country’s 2024 elections, demonstrated their collective commitment towards the use of their thump power in the change of political administrations bolstered by the long established transition order of peaceful transfer of political power from one administration to another. Flashback Following the restoration of democratic governance in Ghana by a former military ruler J.J. Rawlings in 1992 became a civilian ruler under the forth Republic Constitution and was in power for two terms from 1992-1996. He…