Al Mazrouei led a UAE economic delegation comprised of government and private sectors' officials in a two-day visit to Sudan where they explored paths of cementing bilateral relations in areas of trade, investment, energy, mining, electricity, infrastructure and agriculture.

"We need to replace 70-90% of carbon resources of energy by 2050 in order to avoid overheating the Earth," he said, adding that two-thirds of the world's population still relies on biomass. An alarming projection, he said, is that by 2050 African nations will be consuming as much energy per capita as they do now, but their population will have doubled to 1.4 billion. "This will have dramatic implications for healthcare, employment and migration in the future," he said. "Only nuclear power can stop this migration by helping to develop the region."

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today at the Qasr Al Bahar, participants in the Africa Investment Summit, AIS, which is being hosted by the Abu Dhabi Investment Authority, ADIA, to increase dialogue between global investors and African financial and corporate entities. They were accompanied by H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA.

Sheikh Mohamed also announced the launch of a joint investment platform worth of $20 billion (Dh73,454,000,000) for implementing vital projects.

Energy demand in Africa grows twice as fast as the global average, and Africa’s vast renewables resources and falling technology costs drive double-digit growth in deployment of utility-scale and distributed solar photovoltaics (PV), and other renewables, across the continent.

Speaking to African heads of state and representatives from Russian, African, and international business and government agencies, Rosatom Director General Alexey Likhachov yesterday emphasised the benefits of nuclear energy in job creation and regional economic development. At the Russia-Africa Summit in Sochi, Russia, Likhachov said global inequality in technological, industrial and socio-economic development was "acutely felt" in Africa.

President Vladimir Putin will host the Russia-Africa Summit in Sochi this week as Russia looks to expand its footprint in Africa.

Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are not in the Organization for Economic Cooperation and Development (OECD), and this growth is focused in regions where strong economic growth is driving demand, particularly in Asia.

Though trade between Venezuela and Cuba has not ceased amid sanctions, the flow of PDVSA’s oil has been insufficient to keep the Communist-ruled island well-supplied. Cubans have faced long lines at gas stations and for public transportation amid lack of vessels to receive imports.

Egypt’s Ministry of Planning said the total investments targeted for the electricity sector during the fiscal year 19-2020 was estimated at 111.9 billion pounds ($6.8 billion), equivalent to 9.6 percent of the total investments.

Egypt’s Ministry of Planning said the total investments targeted for the electricity sector during the fiscal year 19-2020 was estimated at 111.9 billion pounds ($6.8 billion), equivalent to 9.6 percent of the total investments.

The Bab el-Mandeb Strait is a sea route chokepoint between the Horn of Africa and the Middle East, connecting the Red Sea to the Gulf of Aden and Arabian Sea. Most exports of petroleum and natural gas from the Persian Gulf that transit the Suez Canal or the SUMED Pipeline pass through both the Bab el-Mandeb and the Strait of Hormuz.

In H1 2019, the production on the Zohr field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.

Oil, gas and petrochemical projects, valued at more than US $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of these US $283 billion are projects are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades.