Browsing: africa green talk

Just Green Energy Transition for Africa debate at COP 27

African countries have been at a crossroads of whether to continue adopting the green energy transition in full throttle, or tap into the myriad economic opportunities, presented by the Russian-Ukraine war.

African gas has gained prominence in the global energy market pertinently from Europe, as it seeks to wean itself off Russian gas, through its ‘REPowerEU Plan’. The Plan is targeted at saving energy, producing clean energy and diversifying energy supplies. Hence, oil and gas producing countries in Africa, have been rushing to cash in on this ‘dash for gas.’

Oil and natural gas-producing countries in Africa like Mozambique, Nigeria, Libya, Egypt, Cameroon, DRC, Angola, Namibia, Algeria, Ghana, Gabon, Mozambique and Equatorial Guinea among others; have an invaluable window of opportunity, to contribute largely to the global energy landscape. These nations have been facing the dilemma of whether to give in to pressure from the West, to switch from fossil…

photo EIB

MADRID, Spain, April 16, 2021/APO Group/ —

The Portuguese Presidency of the Council of the European Union, in collaboration with the European Investment Bank (EIB) and the Spanish Ministry of Foreign Affairs, European Union and Cooperation today hosted a discussion day on energy transition in Africa. The event was held as part of the EU-Africa Green Talks: New investment pathways towards sustainable, inclusive development, which the Portuguese diplomatic representations, the EIB, and other partners are organizing in Africa and Europe, prior to the main event, the https://bit.ly/3wZW1bt.

The Green Talks will allow participants to share local perspectives on sustainable development and green investment driven by the public and private sectors throughout Africa. The talks will examine recent successful investments to identify innovative approaches and opportunities to mobilize public and private capital in support to the green transition in Africa.

Today’s event in Madrid was opened by Portugal’s ambassador to Spain