energy

Ethiopia: A Beacon of Renewable Energy in Africa Ethiopia stands at the forefront of Africa's transition into renewable energy. What's truly remarkable is its reliance on eco-friendly energy sources, predominantly hydroelectric power. Have you ever paused to consider how a nation achieves such an environmental feat? This was effectively highlighted by Fitsum Assefa Adela. She articulated that Ethiopia harnesses almost 100% of its electricity from renewable sources through a distinct…

Mogadishu (AX) — In a world where energy drives economies and fuels innovation, two nations have set the stage for a significant journey of collaboration. On a brisk morning in Baku, Azerbaijan’s skyline shimmering in the early light, an agreement was signed that could transform the energy landscape of a nation. Azerbaijan and Somalia have embarked on an ambitious path to strengthen their energy ties by endorsing a Memorandum of Understanding (MoU) centered on the development of oil, gas, and, significantly, renewable…

Somalia and Azerbaijan Forge a Path Toward Energy Collaboration BAKU - In a move likely to reverberate through the corridors of global energy markets, Azerbaijan and Somalia have inked a Memorandum of Understanding (MoU) poised to usher in a new era of cooperation in the oil and gas sector. This announcement, delivered with enthusiasm by Azerbaijan’s Energy Minister, Parviz Shahbazov, lays the groundwork for a promising partnership between two distinct yet mutually enterprising nations. The finer details…

In a significant move, the three Baltic states—Estonia, Latvia, and Lithuania—have successfully severed their electricity systems from Russia's power grid. This landmark decision, communicated by regional operators, is part of a broader strategy aimed at enhancing their integration with the European Union and bolstering regional security. With the disconnection from the IPS/UPS joint network complete, these nations are poised to synchronize with the EU's electricity grid by midday tomorrow, pending final confirmation from…

Mogadishu (AX) – In a move set to shape the future fabric of Somali society, the Somali Council of Ministers recently ratified two pivotal cooperation agreements with Azerbaijan, focusing on education and energy. During Thursday’s meeting in the heart of Mogadishu, Deputy Prime Minister Salah Ahmed Jama, who presided over the proceedings with a thoughtful gaze, underscored the profound significance of these accords. "These agreements will enhance education and energy collaboration, laying the groundwork for long-term…

The Liberian Electricity Corporation (LEC) has recently announced a substantial reduction in electricity supply across the nation. This situation arises from a decision by its Ivorian energy supplier, Compagnie Ivoirienne d'Électricité (CIE), to slash its energy provision to Liberia by a staggering "85 percent." Under a power purchase agreement, CIE has historically supplied a vital share of Liberia's electricity demands, making this cut particularly consequential. According to the Liberian authorities, this latest…

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),…