energy

Hargeisa (Axadle Times) – North Western State of Somalia’s President, Abdirahman Mohamed Abdillahi Irro, stepped off the plane in Hargeisa on a crisp Thursday morning, concluding a whirlwind three-day official journey to the United Arab Emirates. His mission? To cultivate investment opportunities that promise to breathe life into North Western State of Somalia’s natural resources, invigorate agriculture, and most crucially, carve out promising new pathways for its burgeoning youth. It begs the question: Can this small,…

Mogadishu (AX) – Gazing futureward with resolute optimism, Somali President Hassan Sheikh Mohamud underscored Somalia's unwavering dedication to amplifying its energy capabilities. This strategic tenet is pivotal for ushering in a new era of modernization and economic prosperity, he declared during his invigorating address at the Africa Energy Summit on Tuesday. As President Mohamud stood before a diverse gathering of African leaders and stakeholders, he painted an evocative picture of the Horn of Africa's abundant…

In the vibrant city of Dar es Salaam, a dynamic gathering is underway, bringing together over a dozen heads of state, along with influential representatives from international organizations and the private sector. The atmosphere is electric—not just because of the sun-drenched streets, but also due to a shared goal that’s lighting a fire under discussions: accelerating energy access and championing the continent's transition toward clean energy. Organizers highlight that this summit is not merely a talk shop; it’s about…

In a bold move, Eskom has put forth a proposal to raise electricity tariffs by a staggering 36%, set to launch in April 2025. This ambitious plan, pending approval from the National Energy Regulator of South Africa (Nersa), includes further hikes: an 11.81% increase for the 2026/27 fiscal year, followed by another 9.10% jump in 2027/28. These proposed increases threaten to significantly tighten the grip on household budgets and overall living expenses. Reactions have been swift and severe. The Democratic Alliance (DA),…

"In Mykolaiv, Ukraine, November 17, 2024, a firefighter is in the thick of a catastrophic scene—another grim chapter in Russia's ongoing assault on Ukraine, marked by a residential house engulfed in turmoil after a drone strike," reported via a handout from the State Emergency Service of Ukraine, circulated by REUTERS. It's crucial to comprehend the relentless nature of the conflict to grasp the physical and psychological toll it is taking on the population. Russia launched a substantial offensive, the fiercest in nearly…

A collaborative effort among various firms has welcomed the arrival of the initial set of 275 container wagons, designed to boost the transport capabilities of the Lobito Corridor project. This ambitious railway initiative stretches from Angola's Lobito port, reaching into the Democratic Republic of Congo and extending to Zambia. Unveiled in 2023 as part of the G7 Partnership for Global Infrastructure and Investment, this corridor is backed by both the United States and the European Union. Once fully operational, it…

The Earthshot Prize, initiated by Prince William in 2020, stands out as a groundbreaking environmental accolade, striving to tackle the pressing issues of climate change, air pollution, and the decline of biodiversity. This year, Africa has been chosen as the venue for the prestigious Earthshot event, shining a spotlight on the continent's vital role in enhancing climate action and addressing the most daunting environmental challenges that our world contends with today. "When I created the Earthshot Prize, my aim was to…

Alparslan Bayraktar, Türkiye's Energy Minister, shared his thoughts on the nation’s significant oil and gas exploration ventures in Somalia. He labeled the efforts as transformative and hinted that global corporations might want to jump on board with these ventures moving forward. Recently, the Turkish research vessel, Oruç Reis, made its way to Somalia. It's geared up to conduct in-depth seismic explorations to uncover potential reserves of oil and natural gas. During the vessel's reception at the bustling Port of…

CREDIT / SONNA Mogadishu Celebrates Turkish Partnership In a show of camaraderie, Somali President Hassan Sheikh Mohamud, alongside military brass, greets an honor guard in Mogadishu. This ceremony shines a spotlight on Turkey's steadfast partnership with Somalia, particularly with recent strides in defense and energy collaboration. Agreement Spurs Energy Exploration Mogadishu (AX) - In a leap towards bolstering economic partnership, Turkey and Somalia ink a landmark agreement targeting onshore oil and gas pursuits,…

Mogadishu (AX) — An official entourage from Turkey, spearheaded by Deputy Defence Minister Musa Heybet, touched down in Mogadishu on Thursday. Their mission? To oversee the arrival of a Turkish ship geared up for seismic investigations aimed at oil and natural gas reconnaissance along Somalia's coastline.Greeting them at the airport was the Somali Minister of Petroleum and Minerals, Abdirisaq Omar Mohamed, flanked by other high-ranking officials. Adding to the throng was Fathudin Ospite, the Somali Ambassador to Turkey,…