Energy - Copperbelt Katanga Mining

AFD to Provide €41 Million for 6 MW Photovoltaic Plant in Kabinda

February 9, 2023February 9, 2023 Constance

The French Development Agency (AFD) announces the mobilization of an amount of 41 million euros for the construction works of the photovoltaic power plant of 6 megawatts in the city of Kabinda, capital of the province of Lomami. The announcement was made to the provincial authorities on Tuesday, February 7, 2023, by an AFD delegation led by its Deputy Director, Giani Saterna. According to him, the French Development Agency has agreed to increase, to increase its commitments for the Democratic Republic of Congo (DRC). And among the priority sectors are notably… Read More Here

Energy Events & Expos International

Mantashe and Ramaphosa give miners Energy assurance

February 9, 2023February 9, 2023 Constance

The annual Investing in African Mining Indaba is usually prominent for creating dialogue on licensing policies and investment opportunities across the continent. However, this year’s agenda has been centered around South Africa’s energy crisis. Kickstarting the conference, minister in the Department of Mineral Resources and Energy, Gwede Mantashe, has endorsed the procurement of emergency or short-term power from existing facilities and other private power plants. Additionally, South Africa will be able to purchase additional electricity from neighbouring countries which can be unblocked in the short to medium term. Locally, Mantashe… Read More Here

International Battery Metals Energy

Mozambique to Invest in Assembly Line for Electric Buses

February 7, 2023February 7, 2023 Constance

The government of Mozambique, through the Ministries of Transport and Communications and Industry and Commerce, is sponsoring a private initiative to invest in an assembly line for electric passenger transport buses as part of the National Program to Industrialize Mozambique. The project was presented and made public at a meeting in Maputo on Tuesday, January 31st, attended by key ministers and officials from relevant departments. The private partner, mentor of the project, was also present at the meeting. The problem of public transport in the country has been one of… Read More Here

Energy International

Anglo American’s New LNG Vessel Loads first Iron Ore Cargo

January 30, 2023January 30, 2023 Constance

Anglo American’s newly launched LNG dual-fuelled Capesize+ vessel, the Ubuntu Harmony, has loaded its first cargo of iron ore from its Kumba operations in South Africa. The vessel is the first of ten LNG dual-fuelled new-build ships that Anglo American will introduce to its chartered fleet during the course of 2023 and 2024, delivering an estimated 35% reduction in CO2 emissions compared to ships fuelled by conventional marine oil fuel. The use of LNG will also lead to a significant reduction of nitrogen oxides and particulate matter from vessel exhausts,… Read More Here

Electricity Energy Mining in Zambia

Zambia’s President finalizes $2 billion Solar Agreement With UAE

January 26, 2023January 26, 2023 Constance

President Hakainde Hichilema, has facilitated the signing of a significant energy deal that has the potential to revolutionize the Zambian energy sector. The Zambian-owned power utility company ZESCO has signed an agreement with the United Arab Emirates’ company Masdar to develop solar projects worth $2 billion. During the signing of a Memorandum of Understanding (MoU) and Joint Development Agreement (JDA) between Zambia and the UAE, Hichilema stated that the MoU aims to promote large-scale investment in renewable energy in Zambia. The MoU and JDA will see ZESCO partner with Masdar,… Read More Here

Oil & Gas Energy International

Global oil demand would be higher around 101.7 million b/d in 2023, according to the IEA

January 22, 2023January 22, 2023 arnbethnic

The International Energy Agency (IEA) forecasts a significant increase in global oil demand during the year 2023. Indeed, the demand is expected to be around 101.7 million bpd, up 1.9 million bpd compared to previous estimates provided by the Agency. According to an Agency report on the oil market published on Wednesday, January 18, 2023, “this improvement is, in large part, directly linked to the recent relaxation of zero Covid measures in China which has led to a significant increase in the energy consumption and demand.” As far as supply… Read More Here

Energy Electricity Mining in Zambia

Zambia’s ZESCO Collaborates With Masdar On Potential 2,500 MW Renewable Energy Deal

January 20, 2023January 22, 2023 Constance

Zambia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding and Joint Development Agreement (JDA) which will see ZESCO, the country’s state-owned electricity company, partner with MASDAR, a key investment funding entity of the UAE. The two parties will form a joint venture to develop and deploy large-scale solar projects across Zambia, with an estimated value of $2 billion. This is not a loan, but a capital injection in which the Zambian people, through ZESCO, will be partners in shareholding. The joint venture aims to initially develop… Read More Here

International Energy

Tanzania’s President Samia Suluhu Hassan Calls for Global Attention on Africa for Energy Solutions

January 19, 2023January 22, 2023 Constance

The President of Tanzania suggests that creating power pools in East and Southern Africa can secure energy across the continent. President of Tanzania, the 53rd World Economic Forum Annual Meeting, emphasized Africa’s wealth in natural resources and its potential to contribute significantly in the worldwide shift to sustainable energy. She urged for more private sector investment in Africa to harness the continent’s resources and develop sustainable energy solutions. President of Tanzania, Samia Suluhu Hassan, emphasized Africa’s wealth of natural resources, including cobalt, copper, and nickel, and the importance of utilizing… Read More Here

Battery Metals Energy International

UK And Saudi Arabia To Collaborate On Critical Minerals Delivery

January 19, 2023January 19, 2023 Constance

United Kingdom Business Secretary, Grant Shapps, has agreed to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, putting the government’s ambitions for building more resilient critical minerals supply chains into clear action. The partnership paves the way for the UK and Saudi Arabia to work together on diversifying sources of critical minerals, both through Saudi investment in the UK’s world leading manufacturing and mining finance sectors as well as new opportunities for UK mining firms to do business in Saudi Arabia. This is also important… Read More Here

Battery Metals Energy International

Global Battery Alliance Launches Battery Passport Proof Of Concept

January 19, 2023January 19, 2023 Constance

The Global Battery Alliance (GBA), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by 2030, has launched the proof of concept for its Battery Passport at the World Economic Forum’s Annual Meeting in Davos. The Battery Passport is key to facilitating the rapid scaling of sustainable, circular, and responsible battery value chains to meet the targets of the Paris Agreement through electrification of the transport and power sectors. It has been developed over three years by the GBA’s members, who span the global battery value chain… Read More Here