Hydrogen News from Africa (May 2024)

Hydrogen production and demand to grow in 2024, but only slowly

Hydrogen production and use are expected to grow in 2024, but it remains expensive to produce and transport, making progress slow. Efforts to decarbonise the global economy reached a milestone at the COP28 climate conference, where a concrete pledge was made to reduce reliance on and transition away from fossil fuels.  


Namibia to host Inaugural Global African Hydrogen Summit 2024

As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05 September 2024.


Africa’s maritime hydrogen highways could enrich the continent and save the world

Global hydrogen demand is forecast to reach 500-680 million tonnes by 2050, which will go a long way in de-carbonising the planet… At Cop28, green hydrogen has featured prominently in talks about renewable energy. As discussions veer towards embracing cleaner energy sources, the African continent is poised to become the world’s leading green hydrogen producer. Africa has the potential to generate a trillion dollars’ worth of green hydrogen by 2035. As hydrogen’s rising role in the global energy transition meets Africa’s growing supply capacity, maritime highways are being formed to transport this climate-smart energy carrier from Africa to Europe and Asia.


Green hydrogen in Africa: A continent of possibilities?

There is huge interest in the development of green hydrogen projects in Africa, building on the continent’s vast potential for renewable energy. But are these the right projects to achieve success, both for investors and for African populations? As the world continues along the path to energy transition, there is an opportunity for Africa, with its rich and largely untapped renewable energy potential, to become a key player in the growing field of green hydrogen.

  Green hydrogen for export – the current focus: Much attention is currently focused on the possibility of producing green hydrogen in Africa for export. A wide range of very large-scale projects has been announced, such as the 15 GW Aman project in Mauritania, the 3 GW Tsau Khaeb project in Namibia and the 4 GW SCZONE project in Egypt. Multiple cooperation agreements between African nations and European partners have also been signed in recent months, such as the announcements in June and July of blended financing vehicles for hydrogen investment in Namibia (SDG Namibia One, a partnership between Namibia’s Environment Investment Fund with the Dutch organizations Climate Fund Managers and Invest International, owned by the Dutch Ministry of Finance, targeting €1 billion) and South Africa (SA-H2, established by the governments of South Africa, the Netherlands and Denmark and with the support of FMO, Sanlam InfraWorks, International, the Development Bank of Southern Africa, the Industrial Development Corporation and others, targeting US$1 billion).


Egypt Explores Green Hydrogen Cooperation With Czech Republic

The Egyptian Ambassador to the Czech Republic, Mahmoud Afifi, engaged in discussions with Vaclav Bartuska, the country’s Special Envoy for Energy Security, exploring collaboration in new and renewable energy ventures, with a specific focus on green hydrogen projects.

Egypt’s parliament passes generous green hydrogen subsidy law

Companies can get 55% tax credit on H2 projects if they meet strict requirements on foreign financing and local content.