What happens when we design infrastructure for people, not just places? In Turkana, #Kenya, the A1 Road project brought more than just connectivity—it delivered schools, health centers, clean water, and hope: https://t.co/ZdOUzhOLyg #EndPoverty
Shell faces US$400 million loss on unviable Namibia oil discovery
Shell has announced that it will write off $400 million related to an oil discovery offshore Namibia, declaring the project commercially unviable.
This decision is a setback for Namibia, which had high hopes of becoming an oil-producing nation.
The oil giant revealed that resources found in block PEL39, located offshore Namibia, "cannot currently be confirmed for commercial development."
Shell, along with its partners QatarEnergy and Namibia’s national oil company, had discovered hydrocarbons in this block back in 2022.
https://t.co/U0ao0tWshe #namibia #oilandgas #orangebasin #shell @NAMPOA_
@gh2org calls for $6B investment annually till 2030 in Africa's renewable & green hydrogen projects that can realise its large potential. All eyes on #COP28 for firm commitments & partnerships. 🌍#$1trillionby2050
#africagreenhydrogen@jonasmoberg1
Today is the Presidential Day at the Africa Climate Summit where Africa's leaders come together to address:
- New Global Climate Finance Architecture
- Regenerative Blue Economy in Africa and beyond
- Scaling up adaptation
- Critical Minerals for Green Manufacturing
- Investing in Africa’s Food Systems Transformation
- Pioneering the Future of Nature in Africa
- Adaptation Compacts
- Renewable Energy and Transitions
And much more.
Together, we can transform the climate agenda from words to action.
Catch all the action here: https://t.co/Y6S156XFsD
#ACS23 #AfricaClimateSummit23
𝗗𝗲𝗮𝗿 𝗙𝗲𝗺𝗮𝗹𝗲 𝗖𝗘𝗢,
I am not married, and I do not have children. I provide this caveat because by the time you finish reading this, you may think, "She doesn't understand."
#DearCEO
President Hage Geingob has emphasized that the second round of scholarships for studies in Green Hydrogen and related fields would pay specific attention to the ||Kharas and Hardap regions.
https://t.co/cM2paXDVCZ
#NBCNews#nbcDSTV282#nbcdigitalnews#nbcGOtv91
Charnelle Fortuin-Ndlovu the HDF Business and Project Developer - Southern & Eastern Africa and Florence Onditi the HDF Business Developer - East Africa, told HE Achani that they currently are in the process of looking for land for the project in Samburu Sub County. #JM
A nice chart by Adrian Gläser of @cirrus_capital showing the corporate tax rates across Africa.
The very high rate in Namibia has a direct impact on the survival of new and small businesses, and thus on job creation (thus youth unemployment), innovation, growth and inclusion.
Over 90 Namibians will be awarded scholarships to pursue their master's degrees in areas related to the synthetic fuels industry. https://t.co/9ET8S1J99e