This collaboration aims to propel the establishment of large-scale green hydrogen projects on an international scale. This involves the conversion of renewable power through electrolysis into green hydrogen, subsequently branching into derivatives like green ammonia, e-methanol, sustainable aviation fuel, and liquid hydrogen. Hy24 stands as a joint venture between Ardian, Europe’s largest private investment house, and FiveT Hydrogen, a clean hydrogen investment platform. Hy24, committed to catalyzing the global hydrogen ecosystem, operates through its “Clean Hydrogen Infrastructure Fund,” targeting significant investments in hydrogen infrastructure. The joint efforts of Masdar and Hy24 signify a pivotal step toward accelerating green hydrogen initiatives on a global scale.

December 18, 2023 13:19 UTC

The arrival of the first navel oranges in Europe on December 16 marks the start of this year's Egyptian citrus season. The Valencia juice orange is still the flagship of the Egyptian citrus sector, although other varieties such as the Navel and Sukkari oranges and the Baladi press orange are also produced in the country. As a result, Don Limon expects a stable price level this year and possibly a price increase from the end of January. Don Limon on course for global expansionDon Limon continued to expand its international network last year. Pictures: Don Limon GmbH.

December 18, 2023 13:11 UTC

With reduced dependence on the Eskom grid, this shift has the potential to bolster the nation’s energy resilience and security – and by proxy, South Africa’s economy. For years, the country has grappled with energy challenges, most notably the recurrent issue of loadshedding, coupled with the government’s seeming inability to find a lasting solution. AGES returns in 2024 with Sanlam Investments as title sponsorBiomass energy in South Africa’s energy futureDeveloping markets like South Africa offer unique opportunities for such initiatives. Although currently underutilised in South Africa, the UK’s large-scale biomass plants offer a glimpse of its viability in ensuring consistent base load power. Of referenceGreen Economy Summit programme now ready for your attentionSouth Africa’s energy transformation is not just about innovation; it’s about practical solutions.

December 18, 2023 12:50 UTC

However, by Saturday morning, a significant rainfall and flood emergency was unfolding across a 360 kilometre swathe from Cooktown to Ingham. Already, extreme flood events globally are becoming more regular and their magnitude is breaking many long-term rainfall and river flood records. Since the big Barron River flood in March 1977, considerable residential and commercial development has been permitted across the river’s floodplain. As of this month, a climate emergency had been declared in 2,351 jurisdictions and local government areas around the world. In Australia, local governments should recognise climate change threats and risks by formally declaring a climate emergency.

December 18, 2023 12:36 UTC

from DION HENRICK in Cape TownWestern Cape BureauCAPE TOWN, (CAJ News) – THE rural and urban digital divide still poses a challenge in South Africa. In this analysis, it explored the substantial disparities in the mobile experience of our smartphone users between South Africa’s urban, suburban and rural areas. The rural-urban gap slightly narrowed compared to 2022, where average download speeds in rural areas were 15,9 percent slower than in the cities. Meanwhile, rural users in the Northern Cape observe the highest proportion of time with no signal, at 5,6 percent. Western Cape is the only province in South Africa where the proportion of mobile-only rural users is below 10 percent.

December 18, 2023 12:30 UTC





The FIFA organization declared on Sunday the initiation of a new edition of the Club World Cup in June 2025, which will feature renowned football clubs such as Paris Saint-Germain, Manchester City, and Real Madrid. Scheduled to take place in the United States from June 15 to July 13, 2025— a year before the World Cup partially hosted in the USA—the tournament will bring together 32 teams organized into eight groups for the group stage. Following the group phase, a knockout stage will commence with the round of sixteen. For Europe, four slots were allocated to the winners of the 2021 (Chelsea), 2022 (Real Madrid), 2023 (Manchester City), and 2024 UEFA Champions League editions. In addition to these, eight other teams secured their participation through the UEFA rankings, including PSG, Bayern Munich, Inter Milan, Porto, and Benfica.

December 18, 2023 12:11 UTC

- A long-term strategic partnership has been established between EHang and Wings Logistics Hub to introduce EHang's autonomous electric vertical-takeoff-and-landing aircraft (“eVTOL”) to the UAE. - Wings Logistics Hub plans to purchase up to 100 units of EH216 series eVTOLs from EHang. Additionally, a long-term strategic partnership has been formed with Wings Logistics Hub, the passenger eVTOLs (smart mobility) and logistics tech subsidiary of Technology Holding Company (“THC”), being the technology arm of EIH Ethmar International Holding. Wings Logistics Hub will cater the passenger eVTOLs and logistic tech functions within EIH Ethmar International Holding. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements.

December 18, 2023 11:16 UTC

Two environmental groups have challenged in court the UK’s approval of a major new oil project in the North Sea, arguing that the field would be incompatible with the UK’s net-zero goal and that the government hasn’t factored in Scope 3 emissions when giving the green light to the plan. The approval for Rosebank had been delayed amid concerns about whether the development plan would meet requirements for electrification for net-zero emissions. These requirements are part of the so-called North Sea Transition Deal, an agreement between the UK government and the offshore industry to cut emissions from oil and gas development and production as much as possible. Total recoverable resources at the Rosebank field are estimated at around 300 million barrels of oil, with Phase 1 targeting an estimated 245 million barrels of oil, Equinor says. “If Rosebank goes ahead, the UK will blow its own plans to stay within safe climate limits,” Uplift’s executive director Tessa Khan said, as carried by the Financial Times.

December 18, 2023 11:03 UTC

The civilian facet of the Algerian military regime, president Abdelmadjid Tebboune, has excessively deployed conspiracy theories, reflecting the state of an Algerian diplomacy, economy, and social peace in disarray. During his multiple interviews, Tebboune has evoked conspiracy theories to justify his country’s failure to meet the aspirations of the Algerian people to diplomatic aura and to social and economic development. In the latest episode of Algeria’s conspiracy drama, Algerian radio said Morocco and the UAE have joined forces to undermine Algeria’s image in Mali and Niger! The Algerian media, whose strings are pulled by men in uniform, has indulged in conspiracy theories that plagued sports analysts. As he prepares to run for the next elections without any tangible achievements to offer, Tebboune is expected to scale up his conspiracy theories, hitting new lows again in a country where the youth queues for milk and other basic foodstuff.

December 18, 2023 10:32 UTC

By region, remittance inflows grew for Latin America and the Caribbean (8%), South Asia (7.2%), East Asia and the Pacific (3%), and Sub-Saharan Africa (1.9%). Remittance flows to Europe and Central Asia are estimated to have declined by 1.4% to $78 billion in 2023. Remittance flows to Latin America and the Caribbean are expected to increase by 8% to reach $156 billion in 2023. The strong labor market in the United States positively impacted remittance flows. In 2024, remittance flows are projected to recover to a 2.1% gain based on an expected turnaround in flows to Egypt.

December 18, 2023 10:26 UTC

Given the urgency of the situation, the government has requested additional support from the UN. The countdown clock on the façade of the DRC’s Independent National Electoral Commission — CENI in French — on Kinshasa’s Boulevard du 30-Juin is ticking: just days to go until the 20 December elections. There's more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Now cancel anytime Already a a subscriber Sign In

December 18, 2023 09:29 UTC

World Wide Technology (WWT), one of the world’s largest privately held technology innovation companies and VAST Data, the data platform company for the AI era, have announced that Omar Mir, WWT President, has been appointed as Senior Advisor for VAST Data EMEA. “AI innovation will underline the human impact of the future, and we’re already seeing this in one of the most advanced AI markets, the UAE,” said Mir. VAST Data is enabling data driven organisations to accelerate time-to-insight for their workload-intensive applications, delivering immense value from their AIdeployments. As a result of its innovative solutions and flexible offerings, VAST is the fastest-selling data infrastructure company in history. At the end of FY’Q3 (Oct 31, 2023), VAST Data surpassed $1 billion in cumulative software bookings.

December 18, 2023 08:50 UTC

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December 18, 2023 08:36 UTC

A few Mediterranean and North African crude grades that regularly feed several East Asian refiners could take the Cape of Good Hope shipping lane for delivery instead of the regular Suez Canal route, with Thai, Indonesian and South Korean refiners looking to avoid Red Sea shipping risks and safely bring CPC Blend, El Sharara, Saharan Blend and Azeri Light crude home. However, several Southeast Asian and South Korean refiners indicated that repeated attacks on ships sailing through Bab al-Mandeb chokepoint by Yemen's Houthi militants have raised alarm bells as they often buy small volumes of low sulfur crudes from Libya, Algeria, Kazakhstan and Azerbaijan. Other supply optionsApart from looking for other shipping and logistics options to bring in Mediterranean and North African crude, Thai, Indonesian, South Korean refiners indicated that they have an option to simply slash light sweet Libyan, Kazakh, Algerian and Azerbaijan crude purchases. Meanwhile, China's independent refineries seldom import Mediterranean crude, though some CPC Blend cargoes arrive via the Red Sea route. China's private refining sector imported about 1 million mt of CPC blend crude in the first 11 months of the year, mostly purchased by ChemChina and Dongming Petrochemical.

December 18, 2023 07:55 UTC

The project includes the construction of 1,400km of LV distribution lines, 400 new transformers and extending MV lines to reduce technical losses across Greater Accra. The $316 million project includes a geographic information system mapping distribution assets, an AC testing laboratory and rehabilitation and reinforcement of distribution systems to increase connections of new traders. An air-insulated switchgear bulk supply point (BSP) 330/33kV; a gas-insulated switchgear BSP 161/33kV with STATCOM; two primary substations equipped with 2x39MVA transformers each and 33/11kV switchgear; and a Meter Management System to control up to six million smart meters. Root Cause Analysis was used to identify the challenges while power system modelling software and process analysis tools were deployed to ensure the most effective designs inreducing power loss challenges after completion. The Pokuase BSP project is currently the largest BSP in Ghana and the most technologically advanced in Online Control and Monitoring.

December 18, 2023 07:05 UTC