Ghana Faces Further Woes with US$111 Million Arbitration Loss

Ghana has been ordered to pay over US$ 111 million in damages to GPGC Limited, a…

Ghana Advance on Africa’s Next Major Petroleum Hub

Ghana has officially started constructing a massive $12 billion petroleum hub, a project expected to significantly…

Vietnam to Top Global Coal Importer as Power Demand Rises

Vietnam is set to surpass Taiwan to become the fifth-biggest coal importer in the world, the International Energy Agency (IEA) said…

Nordex Group Acquires Orders of 102 MW from Akfen Renewable

The Nordex Group has acquired five orders from Akfen Renewable Energy Inc. for a total of…

Mergence Offers R160m Funding to Solarise Africa

Mergence Investment Managers has entered into a strategic funding partnership with solar energy company Solarise Africa,…

Gambia in Talks with India for Collaboration in Critical Minerals

Gambia is in talks with India to leverage the latter’s mining expertise, particularly for discovering critical…

BayWa r.e. Builds 136MW Solar Portfolio

German energy company BayWa r.e. has completed the construction of five solar farms, with a combined…

NERC Issues Electricity Generation Permits to MTN, Golden Penny Power and Others

The Nigerian Electricity Regulatory Commission (NERC) has issued permits to Golden Penny Power Limited, MTN Communications…

NNPC Makes N3.3trn Profit, N2.1trn Dividend For 2023

The Nigerian National Petroleum Company (NNPC) Limited declared a net profit of N3.297 trillion at the…

Algeria Provides Emergency Fuel Aid to Lebanon

Algeria will start supplying fuel for Lebanon’s power plants immediately, the North African country’s radio said.…