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 »Courtesy of The Africa Report, a look at Saudi Arabia’s ambitious economic foray into Africa as part of its drive to become a global power that is less reliant on energy: The monarchy hosted a Saudi-Arab-African economic conference in Riyadh in November, where it committed more than $500m into projects and investments in Africa through […]
Read more »Via The Korea Times, a report on Korea’s efforts to boost ties with Tanzania, Mozambique, and Madagascar in its search for critical minerals: Korean companies and the government are shifting their focus to Africa from China to secure graphite, as Beijing attempts to control exports of the core mineral for rechargeable batteries next month, according […]
Read more »Via Bloomberg, a report that South Korea is looking towards Africa as China tightens graphite controls: Tanzania and Mozambique among countries under consideration Seoul to seek talks with Beijing for smooth graphite trade South Korea is looking to African countries to secure graphite as China tightens its exports controls over the key material used in […]
Read more »Courtesy of Barron’s, a look at how Chinese restrictions on graphite may help emerging markets like Brazil, Turkey, Madagascar, and Mauritius which also have reserves: China’s stricter controls over graphite exports mean companies, including electric-vehicle makers such as Tesla, will have to accelerate their search for alterative sources of the mineral. Demand for graphite for use in […]
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