Namibia Secures next Step in Green Hydrogen Project
January 20, 2022
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
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AfCFTA’s Protocol on Intellectual Property Rights and its potential effects on Africa’s Economic Growth
January 19, 2022
Intellectual Property Rights in Africa The 21st century is mainly characterized by its rapid economic development[1] and a knowledge-driven period.[2] Countries around the world compete
Understanding the impact of a ‘Net-Zero by 2050’ on African Economies and Livelihoods: Defining a ‘Just Transition’
January 18, 2022
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?
January 11, 2022
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.
The World’s Largest Wind Farm, Hornsea 2, to Start Producing Power
January 6, 2022
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.
Repositioning Africa under the AfCFTA
January 5, 2022
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.
Renewable Energy Growth in 2021 and Forecast till 2026
January 5, 2022
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
The Role Artificial Intelligence Can Play in Improving Africa’s Energy Situation
December 21, 2021
A huge revolution is taking place in the global energy system right now, and in the decades to come, energy systems around the world will become increasingly decentralized, digitalized, and decarbonized.
Renewable Energy Storage Potential in Africa and How Germany Has Been Able to Use Energy Storage to Improve Its Economy
December 20, 2021
According to World Bank Group President Jim Yong Kim. “Battery storage can help countries leapfrog to the next generation of power generation technology, expand energy access, and set the stage for much cleaner, more stable energy systems.
Key Changes in the Finance Act 2021
December 16, 2021
On 8 December, the National Assembly received the 2021 Finance Bill (the Bill) for consideration and eventual passage. As a build-on of the 2020 version, the Bill seeks to amend multiple laws such as the; the Capital Gains Act; Stamp Duties Act, Personal Income Tax Act; Companies Income Tax Act; Tertiary Education Trust Fund (Establishment Act) etc.
Investment Considerations of the African Continental Free Trade Agreement (AfCFTA)
December 15, 2021
The AfCFTA was created in March 2018, with the expectation of tying a USD 3 Trillion regional market with over USD 80 Billion in untapped intra-regional exports[1]. Of course, an agreement of this magnitude would have underlying protocols and arrangements for operational reasons.
The EU Sustainable Energy Week (EUSEW): Promoting a Green and Just Transition in Africa’s ‘Hotspots’ such as Mpumalanga
December 14, 2021
The EU Sustainable Energy Week (EUSEW), which took place virtually from October 25th-29th 2021, was celebrated under this year’s banner ‘Towards 2030: Reshaping the European Energy System’ just before COP26 kicked off in Glasgow.