Africa’s energy storage needs have never been greater. The continent’s fast-growing population, which by 2035 will be adding more people of working age to the global market than everywhere else put together, is creating a surge in demand for power.
Investment managers at Old Mutual Alternative Investments (OMAI) plan to make further investments in South African renewable energy as the outlook for a stronger rand improves the sector's prospects, joint CEO Paul Boynton tells The Africa Report.
The government of South Africa will shortly open a request for proposals for up to 2600MW of new wind and solar projects. President President Cyril Ramaphosa made the announcement in his 2021 State of the Nation Address (SONA) on 11 February
The coronavirus pandemic has raised awareness among GCC countries of the importance of environmental, social and corporate governance (ESG) standards. If current trends continue, then ESG could become a valuable element of the region’s recovery from Covid-19.
The fast-changing energy need of Asian oil importers is prompting Middle Eastern oil producers to accelerate their hydrogen efforts to ensure they can supply both oil and hydrogen to their biggest customers, a strategic push to prevent losing out a part of their future business to potential exporters like Australia.
GlobalData’s latest report, ‘Global Oil & Gas FIDs in 2021’, indicates that natural gas projects continue to dominate global final investment decisions (FIDs) planned across the oil and gas value chain in 2021, as countries and companies are increasingly acting to reduce carbon emissions and planning to become carbon neutral.
Nigeria and Morocco on Tuesday, March 5, 2021, signed five memoranda of understanding (MoU) with parties including OCP Group, the Nigeria Sovereign Investment Authority and the Nigerian National Petroleum Corporation (NNPC).
Qatar’s liquefaction capacity will rise to 110 million tonnes per annum (tpa), or 18% of the global total, which is for now estimated at 600 million tpa at the end of the decade. Still, more projects are expected to be sanctioned as LNG demand will grow faster than supply.
Led by Energean’s $405 million acquisition of Energean Israel, Middle East and Africa’s oil & gas industry saw a rise of 6.45% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database.
Abu Dhabi National Energy (TAQA) is looking at options for its oil and gas assets, Bloomberg reported, which could include a potential sale. According to anonymous sources, the company's oil and gas portfolio could be worth much less money than TAQA spent to build those assets.
Two significant gas projects that are poised to take final investment decisions (FID) in Morocco this year could add 70mmcfd of natural gas to the country’s energy mix in the next five years, supporting its ambition of reducing reliance on coal and costly imports from Algeria, according to GlobalData, a leading data and analytics company.
In consulting the difference between high performing and "traditionnal"research functions has been widening over time. We identified 8 major trends shaping research. Some of them also apply beyond consulting...
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Infomineo is a Value Added Business Service provider, that specializes in Africa and the Middle East, dedicated to supporting global companies in getting access to information that powers their investment decisions in the region. Through a direct presence in key markets such as the UAE, South Africa, Kenya, Egypt and Morocco, Infomineo provides a quick access to market data on key questions such as: market and product prioritization, partner identification, commercial due diligence, route to market, supply chain mapping and competitive analysis among others. Along with conducting Custom Research for clients, Infomineo also delivers an Graphic Design and Business Translation as a service.