The ongoing effort to stem the negative impact of climate change presents Nigeria with unique opportunities to boost its economy and improve electricity supply through renewable sources, expert on climate change issues, Professor Chukwumerije Okereke has said. Okereke who is the Director, Centre for Climate Change and Development, CCCD, Alex Ekwueme Federal University, Ndufu-Alike, stated this in Abuja at the award ceremony for the winners of the second National Essay Competition titled ‘Climate Change and Nigeria’s Economic Development: A letter to Mr. Incoming President’. Prof. Okereke said the essays written…
Tag: renewable energy
Climate change: Africa has a major new carbon market initiative – what you need to know
Author: Jonathan Colmer Assistant Professor of Economics, University of Virginia Published: January 23, 2023 4.55pm SAST Climate finance for the African continent got a boost at the 2022 United Nations Climate Conference (COP27), with the launch of the African Carbon Markets Initiative. This aims to make climate finance available for African countries, expand access to clean energy, and drive sustainable economic development. Led by a 13-member steering committee of African leaders, chief executives and industry specialists, the initiative promises to expand the continent’s participation in voluntary carbon markets. Carbon markets are trading platforms…
Seychelles holds successful talks with Masdar UAE in relation to Seychelles’ Energy Generation plan
18 January 2023 | Energy Abu Dhabi, UAE 18 January 2023: President Wavel Ramkalawan chaired successful discussions with a Masdar delegation, during his participation at the 2023 Abu Dhabi Sustainability Week (ASWD). The meeting, which was held with the Masdar Chief Green Hydrogen Officer, Mohammad Abdelqader El Ramahi and the Senior Manager of Project Management Services, Simon Bräunigerr, focused on the way forward for the implementation of a comprehensive Seychelles’ Electricity Generation plan. This is in line with the growth of the Seychelles economy and the increased need to implement an…
Independents Energy Companies are Raring to Go in Africa in 2023 with Sustainable Energy Development (By NJ Ayuk)
OPINION PIECE They’re bringing private capital, experience, and know-how to the continent JOHANNESBURG, South Africa, December 26, 2022/ — By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration, production, and development companies, including independents. Three years later, Hill remains bullish about Africa, and Canada-headquartered Africa Oil Corp. is driving oil and gas exploration here. The company is…
Hydroelectric power plant in Hatta,UAE, is 58% complete: DEWA
The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed Dubai Electricity and Water Authority (DEWA) has announced that the pumped-storage hydroelectric power plant site, which it is building in Hatta, is 58 per cent complete. The power plant will have a production capacity of 250 MW, a storage capacity of 1,500 Mwh, and a life span of up to 80 years once completed. It is the first station of its kind…
Rwanda’s Kigali Green City, the first of its kind to be built in Africa
An international team has been appointed for the implementation of the Kigali Green City project in Rwanda. The team was appointed by the UK headquartered Feilden Clegg Bradley Studios, which won an international design competition for the project. The FCBS team comprises the local architects Light Earth Designs, A Studio Space, and Studio FH Architects, as well as Turner & Townsend. The team also included Grant Associates, AKT II, and Atelier Ten Top of Form In addition, the East Africa leading planning, design, architecture, and engineering firm, FBW Group, was appointed to offer the key services…
Nigeria signs MOU for solar mini-grids project
Modified date: Nov 25, 2022 CarbonAI has signed an MOU with the Rural Electrification Agency (REA) of Nigeria to develop solar mini-grid projects across the country. According to CarbonAI, the carbon credits produced by its gas flare capture projects, which it has set up all over Nigeria, would be used to pay for the solar mini-grid installations. The initiatives will concentrate on underprivileged neighborhoods close to CarbonAI’s technologies that are harmed by gas flares. While CarbonAI will be in charge of financing, designing, and building, the REA will locate prospective project areas and communicate with…
Conference of the Parties (COP27): Africa’s time to shine?
S-RM’s Strategic Intelligence practice explores the realities of Africa’s energy transition and the risks and opportunities that lie ahead in the wake of COP27 in Egypt LONDON, United Kingdom, November 21, 2022/ — Described as the ‘African COP’, the recently concluded COP27 held in Egypt’s Sharm el Sheikh region (6 – 18 November) was set to shine a spotlight on Africa’s role in the energy transition. Africa finds itself in a unique position when it comes to the climate crisis. Despite being responsible for only three to seven percent (http://bit.ly/3V4bhiO)…
