Across the nearby border in Tanzania, Shell and Equinor, two European energy companies, are resuscitating their proposed $30bn-40bn lng project. “The following years it will be even bigger.” Africa also has vast potential to be a big producer of green energy. Africa has punched below its weight mainly because it has been hard to export green energy. This is especially the case for green hydrogen projects, which will need to attract formidable amounts of capital. The biggest problem is whether companies and governments in the rich world, who want green hydrogen, will invest.

Source: The North Africa Journal July 18, 2023 20:12 UTC