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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

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Mbay Mobility Is Launching An All-Electric Taxi Financing Platform In Senegal

CleanTechnica EVs

The aptly-named Mbay wants to help cultivate and grow the green mobility sector in West Africa, starting in Dakar, Senegal. M’Bay means to cultivate in Wolof,the main language in Senegal. Mbay wants to play a key role in the transition to electric mobility by being the first mover in the electric car sector in Senegal […]

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Nigeria’s 650 kbpd Dangote Refinery being commissioned; largest single-train refinery in world

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The Nigerian government planned to construct smaller modular refineries, but the lack of financing caused delays and the current status of those refineries is unclear. Refineries need to employ strategies to manage wax formation.) The Dangote Refinery, which suffered multiple delays, was scheduled to be commissioned by the end of 2022.

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Sibanye-Stillwater increases its shareholding in Keliber to 84.96%

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South Africa-based mining and metals group Sibanye Stillwater has increased its effective shareholding in Keliber Oy to 84.96%. At the end of June 2022, Keliber announced a financing arrangement that enables the lithium project to progress to the construction phase. Earlier post.) Earlier post.).

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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On the other hand, venture finance deal values also grew from $595.23 —Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022.

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

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These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. West-Central Coastal Province, West Africa.

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Kenya & European Commission Sign €348 Million Financing Agreement For Electric Bus Rapid Lane

CleanTechnica EVs

million financing arrangement for East Africa’s first dedicated electric bus rapid lane. Kenya and the European Commission have reached an agreement for a €347.6

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