Via Engineering News, a report on Mozambique’s plans for its natural gas export earnings: Mozambique’s council of ministers approved a decree for the nation’s new sovereign wealth fund legislation, governing how one of the world’s poorest nations spends earnings from an estimated $91.7-billion in natural-gas exports in the coming decades. Introducing the law was a key […]
Read more »Via Bloomberg, an article on attempts to restart Mozambique liquefied natural gas project: Continent’s biggest project financing raised about $15 billion Site is under force majeure because of Islamist insurgency Lenders to TotalEnergies SE’s Mozambique liquefied natural gas project are weighing the release of billions of dollars in funding as the company plans to resume construction […]
Read more »Via Energy, Capital, and Power, a look at Chinese investment interest in Africa’s energy potential: As the continent’s largest trading partner, China has played an active role in harnessing Africa’s energy resources and developing critical infrastructure to date. As the country seeks to secure future energy supplies – as well as foster regional diplomacy in […]
Read more »Via The Africa Report, a report on Rwanda’s bilateral security agreements which offer competitive business advantages, but at what (future) cost? Two buses chauffeuring journalists embedded with the Rwanda Defence Forces (RDF) exited Afungi airport in Cabo Delgado province, northern Mozambique. The airport, situated inside the main camp of Total Energies, is where the French […]
Read more »Via Bloomberg, a report on Mozambique’s $80B energy plan to tap the Zambezi River’s power to launch a green hydrogen industry: Country to release hydrogen strategy during the course of 2024 Transition to cleaner energy seen costing $80 billion by 2050 Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a […]
Read more »Via The Washington Post, a look at African production of natural gas and how it poses a vexing climate challenge: As a young geologist working for Senegal’s state-owned petroleum company in the 1990s, Macky Sall was charged with prospecting for oil and gas in this West African nation. For years, he and his colleagues came […]
Read more »