Issue 482 PDF: Ethiopia courts investment to revive economy blighted by Tigray war


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Issue 482 - 14 Apr 2023

The issue leads with a detailed examination of Ethiopia’s attempts to court investment to revive an economy blighted by the Tigray War. Deputy editor Marc Howard looks at how power sector reform may be on the cards as the vast Grand Ethiopian Renaissance Dam’s construction continues apace.

In our power section, Southern Africa editor Tonderayi Mukeredzi has the latest on developments in South Africa’s power sector, including the government’s reversal of the ‘national state of disaster’.

Also Waly Dione Faye looks at the Saint Louis gas-to-power plant award to a previously largely unknown developer and the reaction from journalists, academics and civil society figures in Senegal.

Our focus on Commercial and Industrial projects examines developments in Zimbabwe’s mining sector. Tonderayi Mukeredzi reports on demand for power being driven by a surge of critical minerals activity.

In Upstream news, hydrocarbons editor James Gavin looks at how Africa’s main crude grades are finding themselves priced out of the largest Asian markets, including China and India, by cheaper Russian crude. Nigeria’s long-delayed Dangote refinery may change the game, however.

We also look at QatarEnergy’s entry into the Mauritanian market, another sign of the ambitious Gulf player’s strategy of building up a sizeable upstream footprint around the globe.

In Transition Minerals we take a detailed look at the rapid development of five lithium projects, which bode well for Zimbabwe’s potential as an African critical minerals powerhouse. However serious governance concerns remain over artisanal mining and customs-evading exports.

For Future FuelsNorth Africa editor John Hamilton looks at how China Energy Engineering Corporation expects to start implementing its Egyptian green ammonia production facility in May. The $5.1bn facility requires more than 2.2GW of wind and solar generation capacity.

In Finance, we assess the impact of Egypt’s debt crisis on energy and power sector investors.

The View draws on analysis of African Energy Live Data’s project pipeline to 2027 to argue that despite calls for sub-Saharan Africa to use its natural gas resources and build more gas-to-power plants, it is hydroelectric power that will drive the biggest growth in electricity generation over the period.

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