Fossil Fuels to Power 60% of Africa’s Energy by 2040
A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce.
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A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce.
Fossil fuels are projected to make up the majority of the global energy mix through 2030 and account for over 75% of total energy demand
Countries in Africa are prioritizing fossil fuel development to enhance energy access and sustainable development.
As South Africa continues to seek stable energy supplies, the South African National Energy Development Institute is developing technologies to limit the environmental impact of using fossil fuels in generating power.
I am at COP27 because I believe if Africa is not on the table it will be on the menu, writes NJ Ayuk, Executive Chairman of the African Energy Chamber.
The country is home to the Congo River system, which also runs through its larger neighbor, the Democratic Republic of the Congo.
A report released by BloombergNEF has found that G20 countries invested more in fossil fuels in 2021 than any other year since 2014.
Africa’s premier energy event, African Energy Week, currently taking place in Cape Town featured a panel focused on the role of hydrogen as an energy fuel of the future and the significant potential it has as an alternative energy source for sub-Saharan oil and gas producing countries.
Targeting 2 percent of the country’s fuel consumption needs.
African countries’ window of opportunity to capitalize on the socioeconomic benefits that fossil fuels can deliver — from economic growth to energy security — is finite, hence the need for firms involved in merger and acquisitions deals in the continent to fast track exploration and production activities, writes NJ Ayuk, the Executive Chairman of the African Energy Chamber.