Category: ENVIRONMENT

Maximizing Gold Mining Benefits and the GoldBod Idea in Ghana

Interview Story: By Mohammed A.Abu Hari Iyer, Chief Executive Officer(CEO) and Managing Director(MD) of the Sakthi Tading Group, a prominent international gold trade industry player, has noted that, a strict eco-friendly or sustainable mining regime is crucial for Ghana to address the significant socio-ecological costs of gold mining, such as deforestation, water pollution, and soil degradation. By adopting sustainable practices, Mr. Iyer intimates, Ghana can protect the environment, ensure long-term economic sustainability, and improve community welfare. A focus on responsible mining he contends, will enhance global competitiveness, attract ethical market…

Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry

JOHANNESBURG, South Africa, December 4, 2024/ — In a strategic move for the industry, Namibia’s cabinet has approved the National Upstream Local Content Policy. The progressive policy is set to play a crucial role in reducing the nation’s dependency on foreign expertise by focusing on the development of local capacity. Aimed at strengthening economic sovereignty and empowering Namibians within the country’s oil and gas industry, the policy marks a turning point for the country as it targets first oil production by 2029. The African Energy Chamber (AEC) – serving as…

ACECN makes a Stronger Case for Africa’s Emerging Sustainable Built Environment

By: Mohammed A. Abu The second edition of African Continental Engineering, Architecture, Construction and Real Estate Summit(ACEACRES,2024) the flagship event of the Africa Continental Engineering & Construction Network Ltd (ACECN),the organizing company, recently ended successfully  in Ghana’s capital city of Accra with a clarion call on the need to include sustainability practices especially in Ghana, Africa’s Sustainable Urban Built Environment. Professor, Taddeo Rusoke, a Ugandan Governance and Nature Solution Expert said, the sustainability practices included, allowing space for Green Belts, Green Spaces, Green Natural Gardens, Flower Gardens, Backyard Gardens, and…

COP29 ends with compromise on climate financing

The UN climate change conference ended on 24 November with a pledge from developed nations to contribute at least $300 billion annually to support adaptation. After two weeks of intense negotiations, delegates at COP29, formally the 29th Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC), agreed to provide this funding annually, with an overall climate financing target to reach “at least $1.3 trillion by 2035”. This summit had been dubbed the ‘climate finance COP’, and representatives from all countries were seeking to establish a new, higher…

5th Session of the Intergovernmental Negotiating Committee to Develop an International Legally Binding Instrument on Plastic Pollution, Including in the Marine Environment

In their last scheduled meeting to agree on treaty text to “end plastic pollution,” negotiators may base their discussions on a new non-paper by INC Chair Luis Vayas that builds on the common ground between countries. With seven days left to agree on a new treaty text on plastic pollution, Kim Wan Sup, Minister of Environment, Republic of Korea, set the stage for the final scheduled round of negotiations, stressing that “we must end plastic pollution before plastic pollution ends us.” As science continues to reveal the layers of impact due to…

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

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…

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

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…

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

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

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…