Latest news with #Kudu
Zawya
15-05-2025
- Business
- Zawya
Invest in African Energy (IAE) 2025: Experts Call for Hybrid Energy Solutions to Power Africa's Future
At the Invest in African Energy Forum in Paris, industry leaders emphasized the urgent need for Africa to adopt a diversified and flexible energy mix – combining renewables, fossil fuels and off-grid technologies – to meet the continent's rising electricity demand and avoid deepening power crises. During the panel, titled Revolutionizing Power Generation in Africa: The Role of Energy Mix and Innovation, panelists stated that Africa's path to universal electrification hinges on embracing a hybridized, context-specific approach that can deliver both stability and sustainability. 'Energy in Africa needs to be thought of in a long-term view. Renewables are cheap, but they are intermittent and not controllable. It is compatible for fossil fuels to be the baseload [to offset] the intermittency of renewables,' said Jérôme Bertheau, Chief Technology Officer at BW Energy. Bertheau pointed to the company's gas-to-power project in Namibia as a model of scalable, market-aligned development. 'We have a project in Namibia where we will produce and transport gas from the Kudu field. The project is phased, so we are developing alongside the growth of Namibia. The first step is a 200 MW viable baseload, but we can increase it as the market grows,' he said. He added that the project is progressing rapidly toward FID: 'We have submitted our field development plan and finished our conceptual studies, and are entering a phase of appraising the reservoir more. We believe there is potentially more gas and oil. We are drilling the first well this year, and the second one next year.' The discussion centered on how to bridge the gap between ambition and practical implementation, particularly in under-electrified regions where national grids are weak and investor confidence hinges on returns and reliability. Panelists stressed that successful models already exist, and that Africa's energy transition must be guided by both technological and commercial innovation. 'The first step on the ladder is hybridization – we need to introduce more renewables. That is how we offset costs and get more sustainable,' said Christoffer Ek, Director of Decarbonization Services at Wärtsilä Energy, emphasizing that 'Hybridization is key to communities in Africa when it comes to affordable, reliable and sustainable energy.' With the continent's electricity consumption per capita hovering around 500 kWh per year – a fraction of global averages, according to Silvia Macri, Associate Director at S&P Global Commodity Insights – the stakes are high. Over-reliance on a single energy source is a major contributor to Africa's frequent power outages and unreliable supply. 'We are seeing a lot of power mixes relying on fossil fuels too heavily, or on one source of power, which is a major risk factor. We have consistent power outages and crises in a lot of markets,' she said, adding, 'The power gap is not solved by adding capacity alone.' Macri pointed to Kenya as a regional success story, where strategic investment in geothermal energy has led to a significant increase in electricity access. 'Kenya doubled its electricity access in less than a decade,' said Macri, highlighting that Africa's broad access to both renewable and fossil resources gives it a unique advantage if the right mix can be struck. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
13-05-2025
- Business
- Zawya
The Saudi Food Show 2025, the Kingdom's leading F&B event, gets underway
H.E Dr. Abdullah Abdulaziz Al-Rabeeah, Advisor to the Royal Court Supervisor General of King Salman Humanitarian Aid and Relief Centre, opens the largest arena of global food trade and innovation in the Kingdom RIYADH, SAUDI ARABIA: H.E Dr. Abdullah Abdulaziz Al-Rabeeah, Advisor to the Royal Court Supervisor General of King Salman Humanitarian Aid and Relief Centre, inaugurated the opening of the Saudi Food Show 2025 exhibition today (Monday) at the Riyadh International Convention and Exhibition Centre in Riyadh Front. He was accompanied by His Excellency Eng. Majed bin Rafid Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON), and distinguished guests as they toured the exhibition. The Saudi Food Show, organised by KAOUN International and dmg events, and held in strategic partnership with MODON, is running until Wednesday. It has attracted 1,300+ exhibitors from around the world, designed to to accelerate the growth of the F&B industry. The first day saw the signing of several food industry and logistics contracts worth of investments exceeding SAR 600 million with Kudu and Yousef Abdul Latif Jameel Group among the organisations to put pen to paper, reaffirming the strategic importance to the Kingdom's economy and boost the sector. In the Saudi Food Summit, His Excellency Eng. Majed bin Rafid Al-Argoubi took to the stage, stating the Saudi Food Show is an important platform for expanding a key sector. He said the Kingdom's efforts to localise the food industry sector and ensure food security reflect its commitment to contributing to global food security, by empowering research, development, and innovation, and strengthening supply chains - positioning Saudi Arabia as a vital partner and global role model in securing food for the world. He added the number of food manufacturing facilities within MODON's cities has surpassed 1,400 factories, covering a total area of 12 million square metres, contributing to the creation of over 90,000 job opportunities. In a special ministerial panel session, H.E. Eng. Khalid bin Mohammed Al-Salem, President of the Royal Commission for Jubail and Yanbu, H.E. Dr. Abdullah bin Abdulaziz Al Rabeeah and H.E. Dr. Hisham bin Saad Aljadhey, CEO of the Saudi Food and Drug Authority (SFDA), discussed the importance of enhancing food safety. They agree the Kingdom is quickly establishing itself as a food-producing nation with now more than 1,000 food factories being launched – varying from entrepreneurial initiatives to large-scale production with advanced technologies at the heart of food manufacturing while also attracting investment. Away from the stage, the opening day also attracted several country ambassadors from around the world including New Zealand, Malaysia, and Italy, reflecting their full support in fostering deeper trade relationships with Saudi Arabia. Charles Kingston, New Zealand's Ambassador to the Kingdom of Saudi Arabia, emphasised the importance of the Saudi Food Show for both New Zealand and Saudi Arabia, saying: 'New Zealand produces safe, high quality and sustainable food and there is absolutely a huge potential for the country to play a role in Saudi Arabia's future in food security – both through selling our products and also collaborating with the country in the market to fill that gap. The Saudi Food Show gives us an opportunity to showcase the story of our world-class quality to consumers, distributors and importers in Saudi.' Carlo Baldocci, Ambassador of Italy to the Kingdom of Saudi Arabia, stressed the Saudi Food Show is a vital opportunity to accelerate the growth of the food industry and strengthen ties with the Kingdom. He stated: 'There are many initiatives which are taking place including the Saudi Food Show, which will boost the relationships of both countries. We believe this is the beginning of a new start as the food sector is one of the crucial industries and one that will make our collaboration stronger. Italy and Saudi Arabia share many of the same values, having been cooperating for decades and have avenues ahead of them to be very successful.' Visitors also explored the six exhibition halls and hundreds of thousands of products from different exhibitor brands from around the world, interacting with companies launching new products, while showcasing their culinary expertise and engaging in commercial trade deals. The Saudi Food Show will run until Wednesday from 2pm – 10pm daily.
Saudi Gazette
19-04-2025
- Automotive
- Saudi Gazette
Kudu announces a strategic partnership with the Saudi "Mohra" team participating in the Formula 1 Academy races
Kudu Foods and Catering Company, one of the leading national companies in the food and restaurant sector and a symbol of food transformation in the Kingdom, announced the signing of a partnership agreement with the Saudi "Mohra" team. Under this partnership, Kudu will be the " Team supporter " for the Mohra team during its participation in the Formula 1 Academy races, hosted by the Jeddah Corniche Circuit as part of the supporting races for the Saudi Arabian Grand Prix STC Formula 1, from April 18 to 20, 2025. This partnership comes as part of Kudu's ongoing commitment to its social responsibility and its support for empowering women in various fields, especially in specialized sports that require passion and high skill, such as car racing. On this occasion, Mr. Rakan Al-Rashed, Chairman of Kudu, stated: "We at Kudu are proud to support the Saudi Mohra team at the Formula 1 Academy, and we believe that this partnership represents an extension of the Kingdom's vision in empowering women and showcasing their capabilities in various arenas, especially in regionally and internationally specialized sports." The Formula 1 Academy is the only global championship dedicated to women in single-seated motorsport, and it is experiencing significant international fan growth. This participation by the Mohra team is a new step towards empowering Saudi women in motorsport and enhancing the Kingdom's representation in regional and global sports arenas. It is worth mentioning that Kudu will be present at the event site with its food truck, providing its services to the event's visitors, which enhances the brand's presence among motorsport audiences and confirms the company's commitment to interacting with various segments of society at the most prominent national and international events.
Syyaha
18-04-2025
- Automotive
- Syyaha
Kudu announces a strategic partnership with the Saudi 'Mohra' team participating in the Formula 1 Academy races
Kudu Foods and Catering Company, one of the leading national companies in the food and restaurant sector and a symbol of food transformation in the Kingdom, announced the signing of a partnership agreement with the Saudi 'Mohra' team. Under this partnership, Kudu will be the ' Team supporter ' for the Mohra team during its participation in the Formula 1 Academy races, hosted by the Jeddah Corniche Circuit as part of the supporting races for the Saudi Arabian Grand Prix STC Formula 1, from April 18 to 20, 2025. This partnership comes as part of Kudu's ongoing commitment to its social responsibility and its support for empowering women in various fields, especially in specialized sports that require passion and high skill, such as car racing. On this occasion, Mr. Rakan Al-Rashed, Chairman of Kudu, stated: 'We at Kudu are proud to support the Saudi Mohra team at the Formula 1 Academy, and we believe that this partnership represents an extension of the Kingdom's vision in empowering women and showcasing their capabilities in various arenas, especially in regionally and internationally specialized sports.' The Formula 1 Academy is the only global championship dedicated to women in single-seated motorsport, and it is experiencing significant international fan growth. This participation by the Mohra team is a new step towards empowering Saudi women in motorsport and enhancing the Kingdom's representation in regional and global sports arenas. It is worth mentioning that Kudu will be present at the event site with its food truck, providing its services to the event's visitors, which enhances the brand's presence among motorsport audiences and confirms the company's commitment to interacting with various segments of society at the most prominent national and international events
