Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
Technip Energies has secured a contract to lead preparatory works for a floating liquefied natural gas unit in Africa, confirming its presence in the international gas infrastructure market.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
Russia strengthens its economic presence in Mali with new agreements, notably in nuclear energy and gold refining, consolidating strategic cooperation within a rapidly evolving geopolitical context.
While capital is flowing into clean technologies globally, Africa remains marginalised, receiving only a fraction of the expected flows, according to the International Energy Agency.
From France to Mali and Albania, recent discoveries of substantial white hydrogen reserves are fueling global competition for commercial exploitation of this still-underestimated resource.
Native hydrogen is attracting the interest of companies and researchers. In-depth studies assess the size of the reserves, their potential profitability, and the most suitable extraction methods.
Taranis Investments, a subsidiary of the Perenco group, acquires Akuo's African branch to strengthen its Energy for Africa fund. The deal includes key projects such as the Kita solar farm in Mali.
Canadian company Zimar Inc has signed an agreement to develop a modular refinery in Niger, aiming to increase the country’s oil processing capacity and stimulate refined product exports.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive.
Other investors, such as Stonepeak, are showing an interest in a new stake.
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
The electrification of oil and gas infrastructures could reduce production-related CO2 emissions by up to 80%, a strategic step forward for the sector, according to a study by Rystad Energy.
In Paris, some 15 pro-nuclear countries are meeting to discuss the revival of atomic energy.
The OECD-sponsored conference aims to explore concrete solutions for achieving global climate goals.
Despite Western sanctions, Iran plans to increase its petrochemical exports in 2024-2025, bypassing restrictions through strategic partnerships with Russia and other markets.
The UN is proposing a global traceability system for critical minerals, crucial to the energy transition, to prevent social and environmental abuses in their supply chain.
Abdelmadjid Tebboune, Algerian President and candidate for re-election, is focusing his strategy on economic reforms against a backdrop of dependence on hydrocarbons and criticism of the political status quo.
China's commitment to biogas is driving significant growth in the energy market. This development is marked by strategic investments in industrial and domestic projects.
