In May 2024, American Economist Michael Spence wrote in Project Syndicate about how the power sector…
Search Results for: economic stability
World Bank Approves $300m for Climate and Economic Stability in Ghana
The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…
Zambia Extends Power Cuts to 17 Hours, Economic Outlook Dims
Zambia will extend daily power cuts to 17 hours starting in September due to a severe…
Nigeria Launches New SCADA System to Enhance Power Grid Stability
The Minister of Power, Mr Adebayo Adelabu, reaffirmed the Federal Government’s commitment to ensuring grid stability…
Nigeria Faces Electricity Challenges Amidst Economic Pressures
In recent statements, Adebayo Adelabu, Nigeria’s Minister of Power, revealed that the government is postponing plans…
NLNG Contributes to Nigeria’s Energy, Forex Stability – Ugochinyere
The Chairman of the House of Representatives Committee on Petroleum Resources, Downstream, Ikenga Ugochinyere, has said…
Tony Elumelu Urges Swift Power Industry Overhaul to Spark Economic Revival
Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
Lights, Current, Action: Electricity and Nigeria’s Economic Awakening
It is no news that energy poverty remains a critical challenge in Nigeria. The majority…
Kenya Outlines Ambitious Climate Agenda at COP29
During the global climate conference COP29 in Azerbaijan’s capital, Baku, Kenyan Environment Cabinet Secretary Aden Duale…
EBRD Considers Debt Finance for 1.1 GW Suez Wind Energy
The European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to…