Courtesy of The Diplomat, an article on the Biden administration’s efforts to elevate economic relations with Manila to keep step with the recent enhancement of security ties: A number of leading American corporations are set to announce more than $1 billion in investments in the Philippines, U.S. Commerce Secretary Gina Raimondo said yesterday. Raimondo made […]
Read more »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 The Energy Year, a report on Liberty Petroleum, an ambitious privately-owned US player, efforts to gain entry into one of Africa’s last undrilled frontier zones by signing three production sharing agreements (PSAs) covering promising blocks offshore Somalia: Liberty Petroleum has signed PSAs for three deepwater exploration blocks off Somalia, Upstream Online reported on Friday. Liberty […]
Read more »Via BBC, a report on Idris Elba’s eco-city plan for Sherbro Island in Sierre Leone: Hollywood actor Idris Elba has a “big dream” for Sierra Leone, the West African nation where his father was born – to regenerate a beautiful island off its coast and turn it into an eco-friendly “smart city”. “Originally we went […]
Read more »Via The Business Year, a look at Oman ambitious energy transition plan and hopes to become a leading producer of green hydrogen: The export of petroleum has fueled the growth of Oman’s economy since the 1960s. The Sultanate’s energy sector is now trying to present the world with another export: hydrogen. Last winter, the inaugural Green Hydrogen Summit Oman (GSHO) was […]
Read more »Courtesy of Bloomberg, a report on how Namibia and Madagascar are gaining from diverted Red Sea traffic: Madagascar, Namibia, among those benefiting from rerouting South Africa’s port problems see it miss out on some traffic Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a surge in ship traffic that’s avoiding […]
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