African Energy Commission

Supercool's Future Mobility Hub hailed as 'a COP28 initiative that has exceeded all expectations'

Retrieved on: 
Thursday, December 14, 2023

DUBAI, United Arab Emirates, Dec. 14, 2023 /PRNewswire/ -- The second marketplace is strategically located at Dubai's Multi Commodities Center (DMCC) – the UAE's largest free-trade zone based in the Jumeirah Lake Towers district.

Key Points: 
  • The Future Mobility Hub at COP28 in DMCC's Uptown Tower offered the first real opportunity for the world's leading marine, aerospace and mobility stakeholders to gather and share their expertise in a single space.
  • We look forward to collaborating further with Supercool Mobility Centers as we advance critical discussions on the future of mobility and sustainability."
  • There are too many feel-good actions and too few change-inspiring actions, but the Supercool Future Mobility Hub is certainly one of those."
  • For more information and the latest news on Supercool Mobility Centers opening soon in Mexico City-Mexico and Boston-USA, please visit Supercool's website.

EQS-News: Energy Sector to Honor Senegal’s President Sall for Effective Leadership and Energy Industry Advocacy in Cape Town, South Africa

Retrieved on: 
Saturday, September 16, 2023

Energy Sector to Honor Senegal’s President Sall for Effective Leadership and Energy Industry Advocacy in Cape Town, South Africa

Key Points: 
  • Energy Sector to Honor Senegal’s President Sall for Effective Leadership and Energy Industry Advocacy in Cape Town, South Africa
    The issuer is solely responsible for the content of this announcement.
  • Energy Sector to Honor Senegal’s President Sall for Effective Leadership and Energy Industry Advocacy in Cape Town, South Africa
    Senegalese President Macky Sall is a respected leader, both in his country and globally.
  • President Sall has advocated repeatedly for equitable African representation at international energy forums where decisions are being made that profoundly affect Africans’ daily lives.
  • The African Energy Chamber will proudly welcome President Sall as its much-anticipated opening keynote speaker for Africa Energy Week 2023, to be held in Cape Town October 16-20.

EQS-News: The African Energy Chamber (AEC) Urges African Union (AU) and the Africa Climate Summit to Prioritize Labeling Natural Gas and Nuclear as Green Energy/Renewable

Retrieved on: 
Wednesday, September 6, 2023

In line with the European Union's 2022 announcement, the African Union should similarly designate natural gas and nuclear energy as environmentally friendly, thus creating a pathway for greater investment in these essential African resources.

Key Points: 
  • In line with the European Union's 2022 announcement, the African Union should similarly designate natural gas and nuclear energy as environmentally friendly, thus creating a pathway for greater investment in these essential African resources.
  • Representing the voice of the African energy sector, the African Energy Chamber (AEC) ( http://www.EnergyChamber.org ) has long-been a fierce advocate for the role oil and gas plays in Africa.
  • The AEC calls on the African Union (AU) to align policies with demand, embracing gas and nuclear energy as green solutions, as the European Union (EU) has for its own continent.
  • Africa has abundant natural gas resources: a sustainable energy solution lying in arms reach of many countries continent-wide.

EQS-News: President Macky Sall to Deliver Presidential Keynote Address on Africa’s Energy Security and Sustainable Energy Future at African Energy Week (AEW) 2023

Retrieved on: 
Monday, August 28, 2023

Senegalese President Macky Sall will travel to Cape Town this October to deliver the opening address at African Energy Week 2023.

Key Points: 
  • Senegalese President Macky Sall will travel to Cape Town this October to deliver the opening address at African Energy Week 2023.
  • His insightful keynote address will set the tone for comprehensive discussions and transformative initiatives that will unfold during the conference.
  • President Macky Sall's presence at AEW symbolizes a shared commitment to crafting a brighter and more sustainable energy future for Africa.
  • As the energy landscape evolves, President Sall's visionary leadership, dedication to sustainable progress, and emphasis on a balanced energy transition will inspire discussions and guide Africa's energy transformation.

EQS-News: African Energy Chamber: Africa Must Embrace Carbon Trading (By NJ Ayuk)

Retrieved on: 
Saturday, March 11, 2023

Carbon markets are platforms for carbon trading: the buying and selling of credits that allow entities to release a specified amount of carbon dioxide or other greenhouse gases.

Key Points: 
  • Carbon markets are platforms for carbon trading: the buying and selling of credits that allow entities to release a specified amount of carbon dioxide or other greenhouse gases.
  • We’re optimistic about the prospect of seeing the carbon trading system lead to more investments in African climate projects, which could help African states generate the necessary revenue to build a renewable energy sector.
  • According to Good Governance Africa, only about 2% of the global climate projects funded through carbon trading were in our continent, and the majority of those took place in South Africa and the North Africa region.
  • Africa would be remiss not to embrace carbon trading and have discussions with wealthy nations about channeling more investments into African climate projects.

New Slate of Officers and Board Members Elected at EnerGeo’s 52nd Annual Membership Meeting

Retrieved on: 
Wednesday, February 22, 2023

Houston, TX, U.S., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Today, the EnerGeo Alliance successfully concluded its 52nd Annual Membership Meeting where members elected new directors and officers.

Key Points: 
  • Houston, TX, U.S., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Today, the EnerGeo Alliance successfully concluded its 52nd Annual Membership Meeting where members elected new directors and officers.
  • Other officers include Rebecca Pitman ( Shearwater ) – Treasurer; Tana Pool (TGS) - Secretary ; and Nikki Martin (EnerGeo Alliance) - President.
  • The staff and I look forward to working closely with the new and returning members,” said Nikki Martin, President of the EnerGeo Alliance.
  • The panel also provided a sneak peek at the Alliance’s ‘Energy Starts with Me’ initiative set to launch next quarter.

DESPITE HOLDING MORE THAN 8% OF THE WORLD'S PROVEN NATURAL GAS RESERVES, AFRICA REMAINS THE MOST ENERGY-POOR CONTINENT

Retrieved on: 
Tuesday, February 14, 2023

Domestic natural gas can help to alleviate Africa's energy poverty, but despite producing over 6% of the world's natural gas supply and having close to one tenth of proven global reserves, most of the African continent has no access to its natural gas.

Key Points: 
  • Domestic natural gas can help to alleviate Africa's energy poverty, but despite producing over 6% of the world's natural gas supply and having close to one tenth of proven global reserves, most of the African continent has no access to its natural gas.
  • Africa produces over 280 bcm of natural gas, while its domestic demand is just above 160 bcm.
  • The adoption of natural gas in Africa will have minimal impact on the net global GHG emissions, given its miniscule starting point.
  • For example, when replacing coal with natural gas in power generation, Africa can achieve a reduction of 50% in greenhouse gas (GHG) and more than 90% in air pollution emissions.

DESPITE HOLDING MORE THAN 8% OF THE WORLD'S PROVEN NATURAL GAS RESERVES, AFRICA REMAINS THE MOST ENERGY-POOR CONTINENT

Retrieved on: 
Tuesday, February 14, 2023

LONDON, Feb. 14, 2023 /PRNewswire/ -- The International Gas Union (IGU) in partnership with Hawilti Ltd. released an important new study on Gas for Africa, assessing the potential for domestic gas resources to energise Africa in line with the global energy transition. The African Energy Commission (AU-AFREC) and the Africa Finance Corporation endorse the report and its findings.

Key Points: 
  • Domestic natural gas can help to alleviate Africa's energy poverty, but despite producing over 6% of the world's natural gas supply and having close to one tenth of proven global reserves, most of the African continent has no access to its natural gas.
  • Africa produces over 280 bcm of natural gas, while its domestic demand is just above 160 bcm.
  • The adoption of natural gas in Africa will have minimal impact on the net global GHG emissions, given its miniscule starting point.
  • For example, when replacing coal with natural gas in power generation, Africa can achieve a reduction of 50% in greenhouse gas (GHG) and more than 90% in air pollution emissions.

EQS-News: African Energy Chamber: Frankfurter Botschaft to host African and German Stakeholders at Invest in African Energy Frankfurt Reception

Retrieved on: 
Monday, February 13, 2023

The African Energy Chamber is proud to announce that it will be hosting the German leg of the AEC’s European investment roadshow, the Invest in African Energy Frankfurt Reception on February 23.

Key Points: 
  • The African Energy Chamber is proud to announce that it will be hosting the German leg of the AEC’s European investment roadshow, the Invest in African Energy Frankfurt Reception on February 23.
  • The African Energy Chamber (AEC) ( http://www.EnergyChamber.org ) – the voice of the African energy sector – is proud to announce that it will host the Invest in African Energy Reception at Frankfurter Botschaft in Germany on February 23, showcasing investment opportunities across Africa’s burgeoning energy sector at the next leg on the organization’s European investment tour.
  • “The Chamber is honored to expand its Invest in African Energy European Roadshow to Germany where we seek to unite African and German energy stakeholders.
  • Taking place on 23 February 2023, the Invest in African Energy Frankfurt Event will be held at the Frankfurter Botschaft, Germany.

EQS-News: Robust and Technical Dealmaking On The Horizon For African Energy Week (AEW) 2023 – Africa Energy Chamber’s (AEC) NJ Ayuk

Retrieved on: 
Thursday, February 2, 2023

CAPE TOWN, South Africa, February 2, 2023/ -- In a vote of thanks following the successful organization of the Invest in African Energy event on 26 January 2023 at the Waldorf Hotel in London, NJ Ayuk, Executive Chairman of the Africa Energy Chamber, AEC, says more robust and technical dealmaking is expected at the 2023 edition of the African Energy Week, AEW.

Key Points: 
  • CAPE TOWN, South Africa, February 2, 2023/ -- In a vote of thanks following the successful organization of the Invest in African Energy event on 26 January 2023 at the Waldorf Hotel in London, NJ Ayuk, Executive Chairman of the Africa Energy Chamber, AEC, says more robust and technical dealmaking is expected at the 2023 edition of the African Energy Week, AEW.
  • “British hospitality was evident throughout the event, with unprecedented commitments to invest in Africa’s burgeoning energy sector.
  • We thank you for the advice and insights you have shared with us on how to accelerate Africa’s transformational energy developments,” said NJ Ayuk, Executive Chairman of the Africa Energy Chamber, AEC.
  • “We would like you to continue to engage with our team throughout this year, as we promise more robust and technical dealmaking at AEW 2023.