“The green hydrogen sector will create about 2–4 million jobs by 2050 as well as increase the GDPs of countries with about 6–12%,” says Joyce Kabui, the Africa Manager for the Green Hydrogen Organisation and coordinator of the Africa Green Hydrogen Alliance.
She continues: “Already we can see the impact that countries are going to feel. It also truly shifts the energy map, because we're seeing countries that have not originally been known to be large energy producers can now contribute to this energy space, such as Namibia, which is one of the leading countries in the production of green hydrogen.”
The Africa Green Hydrogen Alliance currently has eight members: Angola, Egypt, Ethiopia, Mauritania, Morocco, Namibia and South Africa. Nigeria and Djibouti have also expressed interest in joining the alliance.
“Green hydrogen will really help us decarbonise the hard-to-abate sectors”
“Let's all work together to produce at least 30 million tonnes of hydrogen from Africa by 2030”
Exclusive interview with Joyce Kabui, Africa Manager, Green Hydrogen Organisation (GH2), and coordinator of the Africa Green Hydrogen Alliance.
Exclusive interview with Karim Badr, former CEO of the Sovereign Fund of Egypt’s Infrastructure and Utilities Subfund and now a green projects development consultant.
GREEN ECONOMY EXPERIENCE: News and project updates
From concept to implementation… From a global perspective, Africa’s enormous renewable energy potential combined with hydrogen production presents the ideal business opportunity. But be warned, don’t venture unknowingly into this market without understanding how it all works. Download ESI Africa’s latest Hydrogen Industry Insights here.
Green hydrogen is the solution To limit global warming to 1.5 °C, emissions must reach net zero by 2050. Green hydrogen is the solution. Click here to view this video produced by Sanlam Investments and Climate Fund Managers.
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The three best green hydrogen stocks to buy Hydrogen has long been lauded for its potential in the clean energy realm. As we wade deeper into the 21st century, green hydrogen stocks are not only sparking the interest of environmental enthusiasts but also establishing themselves as astute picks for visionary investors.Read more.
Maximising hydrogen potential vital, says DSI director-general Department of Science and Innovation (DSI) director-general Dr Phil Mjwara has highlighted the importance of maximising the potential of hydrogen technologies in the South African economy, particularly in using these technologies to boost the economy, create jobs and support the ongoing just energy transition.
“Despite commitments, companies don’t seem to believe we can meet net-zero goals” Heard during a live panel discussion last week at Columbia University’s Center of Global Energy Policy: “If inside boardrooms or inside companies, they believed with conviction that we will get anywhere close to net-zero by 2050, people would be behaving very differently than they are today.” – Professor Jason Bordoff, the centre’s founding director. Watch the full discussion here.
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Kenya signs $13mln green hydrogen pact with EU President William Ruto and European Commission President Ursula von der Leyen have inked a deal that will see the European Union (EU) provide nearly Ksh1.9 billion ($13 million) in grants for investment in Kenya’s green hydrogen industry. Speaking at the launch of the Green Hydrogen Strategy and Roadmap for Kenya, Ms Leyen said Kenya is a key ally in the fight against climate change.
Key findings of a recent Global Climate Survey among European, North American, Asian-Pacific and African investors found that 48% have made, or are in the process of making, a public commitment to the net-zero goal by 2050 while 71% say climate change is at the centre of, or is a significant factor in, their investment policies.Download the report here.
Interest in new hydrogen projects remains strong, but …
The latest, annual Global Hydrogen Review by the International Energy Agency includes a focus on demand creation for low-emission hydrogen. Global hydrogen use is increasing, but demand remains so far concentrated in traditional uses in refining and the chemical industry and mostly met by hydrogen produced from unabated fossil fuels.Read more.
AGES updates
GREEN ECONOMY EXPRESSO
Registrations are going live next week on the new Africa’s Green Economy Summit website. Click here
Do you know of an exciting project in this innovative sector? Contact us attheGreen Economy Express.
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