Category: Energy

Nigeria Launches Long Term Low Emission Development Strategy At COP28

Nigeria has achieved what looks like another major milestone in her effort to achieve a net zero carbon economy by 2060 by launching its Long-Term Low Emission Development Strategy on Friday, December 1, 2023, at COP28 in Dubai, UAE. The event, which was graced by dignitaries and delegates from different countries around the world, was held at the African Pavilion in the Blue Zone and was moderated by Professor Chukwumerije Okereke, Director of the Centre for Climate Change and Development, AEFUNAI, and Dr Eugene Itua, Executive Director of the Natural…

Natural Gas Is Key to a Just African Energy Transition (By NJ Ayuk)

SANDTON, South Africa, November 29, 2023/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). It would be an understatement to say Tanzania’s Songo Songo gas field has been good for the country and its citizens. Since 2004, the project’s output has been put to work to benefit the Tanzanian economy, its domestic energy supply, energy costs, employment numbers, and the environment. With wells and a processing plant on Songo Songo Island, the public/private effort puts domestic needs first, using output to fuel the Ubungo gas-to-power operation as well as…

About African Continental Sustainable Built Environment Industry Summit-ACEACFMS 2023

ACCRA, Ghana, November 29, 2023/- As the day for the largest international Summit for the building, construction and real estate industry maiden event in Ghana, the African Continental Sustainable Built Environment Industry Summit (ACEACFMS 2023), draws closer, confirmations are coming in from both in-person and virtual participants within Ghana, Africa, Canada, Australia & New Zealand among others West African Sub-region Some of the high profile in-person participants from the West African sub-region who have confirmed their participation are, Engr Dr. Modasiru Bola (Principal Partner Prolarank Nigeria Limited currently, the National…

From COP27 to COP28 – key factors for Africa ahead of the 2023 United Nations Climate Change Conference

Opinion Piece By:Tshepo Ntsane, Sustainable Finance Transactor at Rand Merchant Bank  The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) represents an important international forum for countries to gather to discuss and address global climate change issues. However, to date these conferences have tended to be high level and process based, and COP 27 was no exception. – negotiations took place and some of the highlights included the historic establishment of the loss and damage fund which was seen as setting a precedent…

Seismic Development Integral to Africa’s Energy Future, African Energy Chamber (AEC) Underscores during Houston Working Visit

JOHANNESBURG, South Africa, November 2, 2023/ — Accurate and up-to-date seismic data is the cornerstone of a thriving oil and gas industry. In Africa, geoscience companies take on a pivotal role, driving the success and efficiency of oil and gas projects by equipping countries and corporations with the precise tools needed to locate hydrocarbon deposits. Without the vital contributions of geoscience firms, Africa would be unable to fully unleash the vast potential of its oil and gas resources. The African Energy Chamber’s (AEC) working visit to Houston – currently underway…

Guyana Deserves to Develop its Oil and Gas, and so does Africa

JOHANNESBURG, South Africa, November 2, 2023/ — At a time when both African and Caribbean nations are making great strides towards developing recently discovered oil and gas reserves, countries whose development was driven by hydrocarbons are accelerating efforts to transition to a renewable energy future. This transition has seen wealthy nations establish a ‘green agenda,’ one which does not take into consideration Africa’s economic needs. The African Energy Chamber (www.EnergyChamber.org), therefore, strongly calls for an end to the demonization of oil and gas, encouraging African and Caribbean nations to collaborate towards…

Agility Warehouses in Cote d’Ivoire are First in West Africa to Earn International Finance Corp (IFC) ‘Green Building’ Excellence in Design for Greater Efficiencies (EDGE) Advanced Status

ABIDJAN, Ivory Coast, November 1, 2023/ — Agility (www.Agility.com), a supply chain services, infrastructure and innovation company, announced that the warehouses at its Agility Logistics Park in Abidjan are the first in Cote d’Ivoire and West Africa to receive EDGE Advanced certification as green buildings. EDGE (Excellence in Design for Greater Efficiencies) is the global standard for energy-efficient buildings, a certification system overseen by the International Finance Corp. (IFC), an arm of the World Bank. Basic EDGE certification requires a minimum projected reduction of 20% energy use, water use and “embodied…

African Energy Chamber (AEC) Advocates for Fast-Tracked Approach to Oil Development and Deals at AfriCaribbean Trade and Investment Forum (ACTF) 2023 in Guyana

JOHANNESBURG, South Africa, October 31, 2023/ — The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly supports the development of oil and gas in Africa and remains committed to facilitating deals between African and global players. Under efforts to strengthen multilateral partnerships and bolster oil and gas deals, the AEC’s Executive Chairman NJ Ayuk is currently conducting a working visit to Guyana, participating in the AfriCaribbean Trade and Investment Forum 2023. Ayuk is speaking on a panel titled, ‘Opportunities in the Oil and Gas Sector.’ Burgeoning African oil producers stand to learn a great…

About Decarbonizing the Aviation Industry

By: Mohammed Abu Even though the palm oil tree in Malaysia and Indonesia are said to be of West African origin, first introduced as ornamental plants, to the two countries, they have since leveraged research and cutting-edge technologies and maximized economic gains from the tree. Reuters, Indonesia reports that the country, the world’s leading producer of palm oil, last Friday, flew her first commercial flight using palm oil-blended jet fuel, as she pushes for wider use of biofuels to cut fuel imports. Garuda Indonesia CEO, Irfan Setiaputra, the report is…

Green Hydrogen: Shaping Africa’s Sustainable Energy Future in Partnership with Europe

CAPE TOWN, South Africa, October 17, 2023/ — As Africa and Europe jointly spearhead the global green hydrogen economy, energy dynamics are undergoing a significant transformation. The abundant renewable energy potential in Africa, coupled with Europe’s ambitious production and import goals, is forging new energy pathways and redefining existing standards. In line with this, African Energy Week 2023, the African Energy Chamber’s (AEC) premier energy event, featured a dedicated Hydrogen Summit under the theme ‘Powering the Future: Africa and Europe Unleashing the Green Hydrogen Revolution.’ The session, which was moderated by…