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AfrOil                          BUSINESS NEW AFRICA PREVIEW                                            AfrOil


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       EGYPT                               year on year and that of mines by 30.6%. The  inauguration of the newly constituted Board
                                           mechanical and electrical industries’ output  of the Nigerian National Petroleum Co. Ltd
       Fertiglobe-led group to             increased by 2.8% year on year and that of the  (NNPC Ltd) scheduled for Wednesday, Novem-
                                                                                ber 24, until further notice,” announced the Sec-
                                           chemical industries by 13.8% year on year.
       acquire electrolyser from           production edged up by 0.7% year on year, fol-  Boss Mustapha.
                                              In September alone, the country’s industrial  retary to the Government of the Federation,
       Plug Power for hydrogen             lowing a 2.2% year-on-year rise in the previous   “A new date for the inauguration of the Board
                                           month.  The drop was driven by a 3.5% fall in  will be announced in due course. We deeply
       project in Ain Sokhna               energy production, after an 11.1% rise in August.  regret inconveniences caused to members by
                                           It was also driven by drops of 1.4% year on year  this suspension,” he said.
       A consortium consisting of Fertiglobe in part-  in the output of agro-food industries, 2.8% year   The suspension of the inauguration of the
       nership with Scatec and the Sovereign Fund of  on year in the chemical industries and 5.3% year  board comes two months after NNPC Ltd was
       Egypt has selected Plug Power, a leading pro-  on year in oil refining.  incorporated in line with a directive by President
       vider of turnkey hydrogen solutions for the   However, building materials, ceramics, and  Buhari in his capacity as Minister of Petroleum
       global green hydrogen economy, as the tech-  glass production rose by 0.8% y/y and that of  Resources. In September, the Nigerian head of
       nology provider for a 100-MW electrolyser to  mining by 1.1% y/y in September.  state appointed the new NNPC board members
       produce green hydrogen as feedstock for up to   bna/IntelliNews, November 29 2021  and set a two-year timeline for the incorporation
       90,000 tonnes of green ammonia production                                of NNPC Ltd.
       at Egyptian Basic Industries Company in Ain                              bna/IntelliNews, November 26 2021
       Sokhna, Egypt.                      GHANA
         Fertiglobe is a joint venture between the Abu
       Dhabi National Oil Company and Egypt’s Oras-  Ghana fuel prices now      SUDAN
       com Construction Industries.
         The 100 MW Polymer Electrolyte Membrane   among the highest in Africa Sudan’s PM Hamdok
       electrolyser will be the largest independently
       owned facility globally when it comes online  Ghana has the third-highest fuel prices in West   dismisses police chief,
       and will form the first phase in Fertiglobe’s green  Africa, after Cape Verde and Senegal, according
       ammonia strategy.                   to a report by Global Petrol Prices, an open-  deputy after crackdown
         Egypt is an ideal location to produce green  source platform.
       hydrogen, given its unique renewables profile   With the African average at $0.98 per litre,   on protesters
       (involving strong solar and wind resources) and  fuel in Ghana is currently hovering around
       its proximity to markets with a hydrogen deficit.  $1.142 per litre, according to the report.  Sudan’s newly reinstated prime minister Abdalla
         Green ammonia, produced from renewable   Of 44 African countries surveyed, Ghana  Hamdok has dismissed the chief of police and
       energy such as solar and wind instead of natural  ranked 11th overall. Zimbabwe had the highest  his deputy, according to a statement made by the
       gas, is a versatile product that is an ideal carrier  fuel prices in Africa, at $1.59 per litre.  cabinet on November 27.
       fuel to store and transport hydrogen. It can help   The ranking comes amidst reports of protests   The statement did not provide details, but
       decarbonise numerous sectors that represent  in Ghana against rising fuel prices, as transport  the dismissals followed a crackdown on several
       around 80% of current global greenhouse gas  operators threaten to strike on Monday (Novem-  protests around the country that left more than
       emissions.                          ber 29), GhanaWeb reported last week.   40 people dead. Local observers linked the deci-
       bna/IntelliNews, November 25 2021      Algeria, Nigeria, Sudan, Egypt, Ethiopia,  sion to what they called “excessive force” used by
                                           Tunisia, Madagascar, Mauritius, Zambia, and  Sudanese security officials against the protesters.
                                           Angola were said to be the countries with the   The director-general of the police, Khaled
       TUNISIA                             lowest fuel prices.                  Mahdi Ibrahim al-Emam, and his deputy,
                                           bna/IntelliNews, November 28 2021    Ali Ibrahim, were replaced by Anan Hamed
       Extractive industries                                                    Mohamed Omar and Abdelrahman Nasreddine
                                                                                Abdallah respectively.
       drive Tunisia’s industrial          NIGERIA                              every effort to form his new government within
                                                                                  Last week PM Hamdok said he would make
       production up by 3.2%               Nigeria’s president                  two weeks. Military leader Abdel Fattah al-Bur-
                                                                                han seized power and detained Hamdok on
       year on year in Q3-2021             suspends inauguration                October 25, but the PM was back in his post on
                                                                                November 21 after international and local crit-
       Higher output by the extractive industries   of NNPC Ltd board           icism of Burhan’s move. His seizure of power
       pushed Tunisia’s industrial production up by                             had raised concerns over the future of efforts to
       3.2% year on year in the third quarter of 2021,  Nigeria’s president has suspended indefinitely  end decades of internal conflict in the country,
       according to data released by the National Insti-  the inauguration of the newly constituted board  though Burhan had said that the military was
       tute of Statistics.                 of the national oil company (NOC), Vanguard  committed to transferring rule completely to
         Extractive industries surged 30% year on  reports. “President Muhammadu Buhari has  civilians in 2023, as had been scheduled earlier.
       year as the energy sector’s output rose by 29.9%  directed  the  immediate  suspension  of  the   bna/IntelliNews, November 29 2021



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