Hydrogen diplomacy has intensified in recent years, and the EU is outpacing other competitors — including the US — on the green hydrogen front in Africa, which has been flagged for its potential to produce up to 50-million tonnes a year by 2050, at or below $1.09/kg.
A joint EU/AU report recently noted that Africa has “extraordinary green hydrogen potential”, and a 2022 study by the European Investment Bank concluded that Africa is worthy of a €1-trillion investment in green hydrogen, which could make the continent an international energy powerhouse. ..
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