Egypt has a rich history of gold mining dating back to the Pharaonic era, but has only produced one commercial gold mine in modern times, Sukari. The North African country’s Eastern Desert is primed to become the next big exploration target for global mining companies, with its wealth of untapped minerals and precious metals waiting to be explored. Increasing exploration efforts will therefore…
Solar & Storage Live MENA to open its doors on 29-30 May forits5theditionand is set to welcome 5,000 domestic andinternationalattendees, 150 exhibitors and 150 speakers for the largest event in North Africa. Solar & Storage Live MENA, the biggest gathering of the solar industry in North Africa, anticipates welcoming over 5000 domestic and international visitors on May 29-30, 2024, at the…
The energy transition continued apace in 2022 despite Russia’s invasion of Ukraine in February of that year, ongoing disruptions to supply chains and inflationary pressures – all of which translated into high energy prices around the globe. However, sustained high prices may mark an inflexion point in shifting the global energy system away from a dependence on hydrocarbons and towards lower-cost…
Interview:Joshua Mortoti In what ways are large mining firms prioritising environmental, social and governance (ESG) principles? MORTOTI: Large mining entities are increasingly implementing renewable energy-dependent operations as part of decarbonisation efforts. These initiatives not only align with the global campaign to reduce carbon emissions, but also demonstrate the increasing adoption…
Interview:Edward Koranteng In what ways is the MIIF contributing to the development of the economy? KORANTENG: The MIIF was established to add value by managing the government’s equity interests in mining, receiving mineral royalties from mining companies and reinvesting these funds in the sector. The focus is not only on gold, but also on minerals that are critical to the country’s economy.…
Interview:Samuel Jinapor How would you articulate Ghana’s value proposition as a mining investment destination? SAMUEL JINAPOR: Ghana should be positioned as the leading mining hub in Africa, where all mining-related activities – including research, innovation, exploration and downstream production – aim to be concentrated. The government is seeking to indigenise the mining sector, with…
Interview:Matthew Opoku Prempeh What is Ghana’s value proposition as an oil and gas investment destination, and what can be done to enhance its appeal to foreign investors? MATTHEW OPOKU PREMPEH: Ghana’s sedimentary basins hold significant gas and high-quality, light sweet crude oil prospects. The legal, regulatory and fiscal regimes governing the upstream industry are predictable, transparent…
Interview:Opoku-Ahweneeh Danquah How can Ghanaian companies benefit from hydrocarbons exploration in the Volta Basin? OPOKU-AHWENEEHDANQUAH: Exploration activities in the Volta Basin represent a unique opportunity for Ghana to benefit from new hydrocarbons resources. The aim of this project is to establish a working petroleum system within the basin to increase the country’s hydrocarbons…
Interview:Edwin Alfred Nii Obodai Provencal In which areas can Ghana invest to diversify its petroleum transport and storage infrastructure? EDWIN ALFRED NII OBODAIPROVENCAL: With natural gas being a transition fuel, investment in its storage and transport is expected to be key for Ghana’s energy sector. The potential in this field is immense, aligning with the country’s efforts to…
With critical minerals a central issue in the global energy transition, Ghana’s 2018 discovery of lithium deposits has brought international attention to the West African country. Five years later, and in the wake of the Covid-19 pandemic, worldwide demand for lithium is even greater, and 2023 has seen Ghana take several steps forwards in positioning itself in the global supply chain. The first…
