Browsing: Green Hydrogen
Green hydrogen was the focus as South African President Cyril Ramaphosa delivered the keynote address at the special-edition Sustainable Infrastructure Development Symposium South Africa (SIDSSA).
Green hydrogen could create up to 3.7 million jobs, add USD 120 billion to the continent’s GDP.
International project developers and private equity firms have pledged to invest USD 32 billion in green hydrogen and ammonia projects in Egypt’s Suez Canal Economic Zone (SCZONE). This follows on from USD 10 billion pledged in May.
According to a report by Apicorp, energy investments over the next five years are set to grow by 9% to each USD 879 billion as exporters boost spending on the back of higher oil revenues.