The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
Author: Blessing Afolabi
Blessing Afolabi has over six years of experience in the corporate world. She is a Media and Communications Consultant at the Electricity Hub; a writer, journalist, public speaker, podcaster and sustainable energy advocate.
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Libya Discusses Gas Pipeline Proposal from Nigeria to Europe
Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Nigeria, Saudi Arabia to Develop Solid Minerals Sector
Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…
Kenya’s EPRA Hikes Electricity Price by 16.5%
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…
Ogunbiyi Presents E-mobility Plans for NorthEast
United Nations’ special representative for sustainable energy, Damilola Ogunbiyi, has highlighted plans for e-mobility deployment in…
TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt
The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…