Mauritania has set forth plans for hydrogen projects that could potentially generate an impressive 80 GW of electrolyser capacity. This pipeline is being planned by several renowned companies, including CWP, Chariot, bp, Conjuncta, and Infinity, and while the aspirations for Mauritania to become a green hydrogen hub are significant, two main challenges lie ahead: financing…
Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has welcomed into its fold Benin, Botswana, the Democratic Republic of Congo, and Somalia, in continuing to expand and diversify its membership and shareholder base. Memberships Accession to membership by Botswana and Somalia advances AFC’s mandate by conferring privileges and diplomatic immunities in line with the…
The African Development Bank Group has announced a 24-month debarment of Goldsun Investments Company Ltd. with effect from 31 January 2023. Goldsun Investments Company Ltd. is a limited liability company registered in the Republic of Kenya. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Goldsun Investments Company Ltd. engaged in…
The Africa Road Builders Selection Committee has named Madagascar’s President Andry Rajoelina, the winner of the prestigious Babacar Ndiaye Trophy, for his commitment to infrastructure development in the island state. He succeeds Tanzanian President Samia Suluhu, who won the award in 2022. According to a press release by the Committee, members chose President Rajoelina at…
For Angola to achieve its targeted 9.9 GW of installed generation capacity and 60% electrification rate by 2025, the country’s Government has instituted an ambitious infrastructure plan. This plan is supported by a series of regulatory reforms, incentives for investors, and strategic partnerships that will require the execution of bankable Power Purchase Agreements, external financing,…
With the discovery of the Greater Tortue Ahmeyim (GTA) gas field in 2015 and the latest developments regarding the BirAllah field, Mauritania has become an increasingly attractive destination for investment. In addition to hydrocarbon supply benefits, the country is set to see numerous economic opportunities made possible through oil and gas monetization, all of which…
I like Mr Peter Obi. Trust me, I do. I first got to know about him way back in the 90’s, while he was still in the UK, I think, courtesy of the early editions of Ovation, before the magazine morphed into what people now know it as. Already wealthy then, his simplicity and outlook…
Yesterday, I came across the article by Retson A Tedheke . As usual, he writes from a deep place of undiluted patriotism and knowledge that can only come from hands-on experience, battling with real-life challenges confronting us as a nation. On the Kaduna-Abuja corridor, he submits that “what is happening there is more economic and…
