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Africa

GTT and Samsung Heavy Industries Enter FLNG Tank Contract

Gaztransport & Technigaz (GTT) declared that it secured a major order from Samsung Heavy Industries (SHI) to deliver tank design for a Floating Liquefied Natural Gas (FLNG) facility set to be deployed on the African continent. The project is...

Ethiopia Inaugurates Africaโ€™s Largest Hydroelectric Dam

Ethiopia formally inaugurated the Grand Ethiopian Renaissance Dam (GERD), marking the launch of Africaโ€™s largest hydroelectric dam. The project is expected to supply electricity to millions while deepening tensions with downstream Egypt, which has long expressed concerns about water...

Egypt Enters $340 Million Oil and Gas Exploration Deals

Egypt entered into four new oil and gas exploration deals with foreign operators, together worth more than $340 million (Eยฃ16.52 billion). The deals mark a decisive step in the countryโ€™s strategy to expand domestic production capacity while addressing the...

Egypt Enters $220 Million Foreign Deal for Atom Solar Egypt

Egyptian Prime Minister Mostafa Madbouly on 27 August oversaw the signing of a land usufruct agreement for a $220 million (EGP 11 billion) industrial complex that will manufacture solar cells, solar panels, and energy storage systems within the Suez...

World Bank, Ignite Power Aid Clean Energy in Mozambique

Ignite Power, a recognised leader in Africaโ€™s distributed infrastructure market, has forged a strategic alliance with the World Bankโ€™s $270 million Pro Energia+ Program in Mozambique. This collaboration represents a major step toward the companyโ€™s goal of providing clean,...

ACWA Power to Build 800 MW of Solar Projects in Morocco

ACWA Power, the Saudi-based renewable energy developer, has secured a contract to develop and operate two solar projects in Morocco. The Noor Midelt II and Noor Midelt III facilities together will provide 800 MW of power.ย  The projects, each with...

Nuclear Power Investment Gains Momentum Across Africa

International investors and development partners are once again interested in nuclear power investment and infrastructure throughout Africa. They see it as a way to improve energy security, boost industrial growth, and make the environment more resilient. Nuclear power, especially Small...

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