A $5.8 billion project located on South Africa's east coast in the city of Cape Town aims to leverage the country's infrastructure and cheap renewable power to produce some of the world's most inexpensive 'green ammonia.' This initiative, a joint effort between Britain's Hive Energy and South African partner BuiltAfrica, is set to cater to the increasing demand in the European Union and Asia for hydrogen and ammonia produced from renewable energy sources. The port of Coega will host the project, with plans to ship approximately one million tonnes of green ammonia annually by the end of 2029. This project is part of a broader trend in Africa, with 52 large-scale hydrogen initiatives being announced across the continent. South Africa's Department of Trade, Industry, and Competition projects that the country could achieve a cost of around $1 per kilogram of green hydrogen by 2050, further emphasizing the potential of such initiatives. Despite potential challenges from subsidy programs in other countries, Hive Energy's project is strategically positioned to potentially increase production to four million tonnes per year, aiming to establish South Africa as a competitive player in the green ammonia market. The overall sentiment of the article is positive, highlighting the project's cost competitiveness, potential for growth, and the role it can play in the global green economy.