Via Caixin Global, an article on growing partnership between Saudi Arabia and China around renewables: Saudi Arabia will be counting on partnerships with Chinese companies to help the Gulf country build up a renewable energy industry of its own, according to an executive at its sovereign wealth fund. “We have huge demands for renewables and […]
Read more »Via NamBusinessExpress, a report that the African Development Bank has approved a N$3.6 billion rail infrastructure loan: The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of $196.43 million (about N$3.6 billion) for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved […]
Read more »Courtesy of The Financial Times, a report on Malaysia’s Petronas’ plan to invest $1.6bn in Indian green ammonia: Malaysian state-owned energy company Petronas is set to invest $1.6bn in an Indian green ammonia venture, in a boost to New Delhi’s ambitions to export energy. The investment by Petronas’s Gentari renewables division will give it a 30 […]
Read more »Via African Business, an article on Climeworks’, which operates direct air capture technology, exploration of opportunities in Kenya: Kenya is in line to become a hub for carbon capture and storage, after Swiss company Climeworks announced it is looking into options for a large-scale facility in the country. Climework’s possible entry into the country is a […]
Read more »2Africa, the subsea internet cable project backed by a consortium led by Meta, is racing to go live this year as planned. Since making its first landing in Genoa, Italy in April 2022, the 45,000km cable has completed landings in Angola, Egypt and Kenya. But only in 11 out of 32 countries of the project’s span across […]
Read more »Via Visual Capitalist, a graphical look at the top Middle East exports by country: The Middle East is widely recognized for its significant role in the global energy market. However, countries in the region also foster other substantial industries, including metals, chemicals, and agriculture. The graphic above uses 2021 exports data from The Observatory of Economic […]
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