Mizuho joins the AHP

London (UK), Port Louis (Mauritius) - 5th August 2022

The African Hydrogen Partnership (AHP) is delighted to welcome Mizuho as its first member from Japan.

The Mizuho group is a global financial services leader with offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Mizuho provides expertise in retail banking, corporate finance, investment banking, asset management, capital markets, and sales and trading, to help businesses develop and find new opportunities for growth. To learn more: www.mizuho-fg.com

Junaid Belo-Osagie, Executive Director Investment Banking at Mizuho, said:

“Mizuho is proud to have joined the AHP. It is clear that the world cannot achieve net zero, or indeed energy transition, without Africa. As a global bank, headquartered in Japan, we have unique ties to Asian capital and expertise. Japan was the first country to have a formal green hydrogen strategy and holds over 30% of patents relating to this energy source. We are excited to share and gain global insight with the AHP, and to help Africa host an economic transformation that does not contribute to the climate crisis.”

Dr Innocent Uwuijaren, AHP Chairman, stated,

“The AHP is delighted to welcome the Mizuho group as a member of the AHP. The Mizuho group and the AHP share a vision of what green hydrogen can do for Africa and the world and the scale and breadth of the Mizuho group’s operations will be of immense value in helping Africa to transition and change. Hopefully, the Mizuho group’s involvement with the AHP and Africa will also encourage other Japanese companies to become involved with green hydrogen in Africa. Japan has a substantial history in relation to the development of hydrogen in Japan and Japan also has a substantial history of involvement generally in Africa, including in relation to the improvement of social and economic conditions in Africa. The AHP is honoured that the Mizuho group has joined the AHP."

Prof Bamidele Adebisi, AHP University Board Member, said,

“Japan was the first country to launch a national hydrogen strategy and is committed to clean hydrogen. It is also a major industrialised country which will have a large part to play in the coming hydrogen revolution and it also has a keen interest in Africa and in seeing Africa do well. So, the AHP is delighted that the Mizuho group has decided to join the AHP. It will add very significant weight to what the AHP is seeking to achieve in Africa.”

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About the AHP

The African Hydrogen Partnership (AHP) is the only continent-wide African umbrella association dedicated to the development of green and natural hydrogen, hydrogen-based chemicals, fuel cell technology and related business opportunities in Africa. It facilitates the collaboration between governments, industry, technology and financial institutions and large end consumers of hydrogen across regions with a focus on Africa, Europe, the Middle East, Asia and the Commonwealth. The Partnership campaigns and lobbies for green African hydrogen and makes compelling political propositions for the benefit to Africa and other continents of developing green hydrogen economies. The AHP is confident that green and natural African Hydrogen will materially assist the World to decarbonise and assist in African Hydrogen becoming a major component in the energy mix. To help form the strongest possible international alliance for utilising Africa's hydrogen potential and creating green wealth, organisations from anywhere in the world are welcome to join the AHP and become a member.

For more information about the AHP or membership, please visit www.afr-h2-p.com or contact info@afr-h2-p.com.

About Mizuho

The Mizuho group is a global financial services leader with offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Mizuho provides expertise in retail banking, corporate finance, investment banking, asset management, capital markets, and sales and trading, to help businesses develop and find new opportunities for growth.

To learn more: www.mizuho-fg.com

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