Browsing: Global hydrogen market

Hyphen-Hydrogen-Energy
  • An increasing number of investors across the globe are angling for a pie of Africa's $1 trillion hydrogen supply potential.
  • By 2050, analysts project that green hydrogen could increase the GDP of six African countries including Egypt, Namibia, Mauritania, Morocco, and South Africa by $126 billion.
  • In 2021, the government of Namibia announced the rollout of a green hydrogen project worth an estimated $9.4 billion.

Africa has experienced several energy transitions throughout the past few decades, from coal-powered energy to the massive adoption of electricity that still powers many industries today.

But as the continent enters a new age of renewable energy, Africa's steady adoption of green hydrogen, a new offering in renewable energy mix has the potential to accelerate the continent's move into energy independence.

Currently, Africa's hydrogen supply is estimated at $1 trillion industry and an increasing number of organizations have flooded the market, trying to gain a