A collaboration between the South African government, led by the presidency, and the German Federal Ministry of Economic Cooperation and Development to support the development of green hydrogen in the country is now under progress.
Electronic commerce (‘E-commerce’) refers to commercial transactions occurring by way of electronic means. With the establishment of digital economies resulting in an increase of digitization, e-commerce is a megatrend that is re-designing economic relations worldwide. This new borderless method of transacting provides great opportunities to stimulate trade. In February 2020, the African Union Heads of…
Especially, because the role of energy in ongoing conflicts in Africa, the Middle East, Central Asia and the world should not be underestimated, this article provides an overview of the energy, terrorism, and conflict (ETC) nexus. Whether you are a start-up, an SME, an investor, a humanitarian organization or a governmental organization, it is time now to take energy poverty and security seriously to protect civilians!
President Hage Geingob stated in his New Year’s speech that Namibia will receive N$100 million in concession fees from HYPHEN, the preferred bidder for the development of the country’s first large-scale vertically integrated green hydrogen project in the Tsau/Khaeb national park. He stated that his official visits to the United States and the COP26 United…
AfCFTA’s Protocol on Intellectual Property Rights and its potential effects on Africa’s Economic Growth
Intellectual Property Rights in Africa The 21st century is mainly characterized by its rapid economic development and a knowledge-driven period. Countries around the world compete based on their ability to manipulate and effectively use information to their advantage. Developed countries have come to appreciate that innovation should be at the top of policymakers’ agenda given…
Understanding the impact of a ‘Net-Zero by 2050’ on African Economies and Livelihoods: Defining a ‘Just Transition’
In May 2021, the International Energy Agency (IEA) published a report called ‘Net-Zero by 2050: A Roadmap for the Global Energy Sector’ with an emphasis on the necessity to make a radical shift away from fossil fuels to achieve neutral greenhouse gas emissions by 2050. While the latter may be a desirable goal, the impact of such a rapid and one-sided transition must be weighted against its impact on African economies and livelihoods.
The Eu’s Plan to Label Natural Gas and Nuclear Energy as Sustainable — is This Move Good for the African Continent?
The EU stated on January 1, 2022, that it sees a role for gas and nuclear energy “as a method of facilitating the transition to a largely renewable energy future”. The commission’s drive to classify nuclear energy and natural gas as environmentally friendly investments comes after months of discussion and political lobbying.
Building Strategic Alliances in the Renewable Energy Sector in Africa: Investing in a Future Saudi-Chinese-Japanese Project?
As the renewable energy sector in Africa is booming, it becomes increasingly more important to talk about international cooperation and the impact of regional
The Hornsea 2 offshore wind farm in the United Kingdom’s North Sea, owned by the Danish energy company Ørsted, has generated its first electricity. Ørsted stated that the project’s offshore substation (OSS) and reactive compensation station (RCS) will be completed in late 2021, pending final approval from the Department of Energy.
Established in 2018, the African Continental Free Trade Area (AfCFTA), represents perhaps Africa’s biggest opportunity for the next few decades in its battle against poverty of all forms, energy and infrastructure included.
In 2021, nearly 290 GW of new renewable power was installed, a 3% increase over 2020’s already exceptional growth. In 2021, solar PV accounted for over half of all renewable power expansion, followed by wind and hydropower. Between 2020 and 2026, renewable electricity capacity is expected to grow by over 60%, to over 4800 GW.…