Green hydrogen supply: negotiation between Germany and Algeria

The German Ministry of Economy indicated in a statement published on Monday, October 23, that Germany has begun negotiations with Algeria to source green hydrogen via existing gas pipelines that would benefit from &rsquo ; a conversion and an extension. According to the ministry, which published its press release at the end of the 5th edition of the “Algerian-German Energy Day” held in Algiers, the objective of this negotiation is “to cover up to 10% of European demand for green hydrogen, a volume identical to that planned for the H2Med European hydrogen pipeline project that leaves from Spain and Portugal”.

Guerre commerciale: South Korea announces additional restrictions on its exports of Graphite

As part of its trade war with the West, South Korea announced additional restrictions on its graphite exports. The country accounts for approximately 70% of the global supply of natural and synthetic graphite. According to a statement by the South Korean Ministry of Commerce released on Monday (23rd), Seoul will turn to several African countries to source its graphite after China decided to impose additional restrictions on its exports of this component, which is essential for the manufacture of batteries for electric vehicles. According to the same source, Mozambique and Tanzania are among the countries that South Korea will turn to to avoid potential shortages of

EBRD: Benin and Côte d'Ivoire join the Bank

The shareholders of the European Bank for Reconstruction and Development (EBRD) have approved the applications of Benin and Côte d'Ivoire, following the applications for membership made by the authorities of both countries in July and August 2023 respectively. This approval of the applications marks a turning point in the expansion of this multilateral financial institution in sub-Saharan Africa. The President of the EBRD, Odile Renaud-Basso, said that this expansion reflects the Bank's strategic objectives in sub-Saharan Africa. It also highlights the added value that the EBRD can bring to this region

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Ten years after taking office at SCG-Ré, Andrew Crépin Gwodock was replaced at the subsidiary of the Gabonese Strategic Investments Fund (FGIS) by Thierry Abeloko, an economist, with a doctorate in economics. The new executive replaced the managing director of the Société Commerciale Gabonaise de Réassurance (SCG-Ré) on Thursday, October

Accounts should remain temporarily frozen and at the disposal of the Court of Auditors until a case involving alleged embezzlement in the amount of $25.521 million is closed. These are the accounts of the former governor of the Central Bank, Deogratias Mutombo, and Albert Yuma, former PCA of

During 2023, the International Finance Corporation (IFC) announced investments of around $11.5 billion in 40 African countries. In Africa, these investments represent “the highest level of commitment in a single year”.

Guinea joins the list of exempt African countries like Cameroon and Ivory Coast. Since July 20, 2023, the country has been hit by rice export restrictions imposed by India, causing prices in West African markets to