Nigeria Urges Islamic Development Bank to Increase Energy Investment

Nigeria’s Minister of Finance, Wale Edun, has called for a greater focus on energy investments at…

OPEC Giants to Gain as China and India Seek Oil Alternatives

Oil refineries in China and India, major consumers of Russian oil, are increasingly turning to oil-producing…

Italy and Saudi Arabia Sign Deal to Boost Renewable Energy and Hydrogen Trade

Italy and Saudi Arabia have signed a landmark agreement to enhance their energy cooperation, focusing on…

Major Nigerian Firms opt for Self-Generated Electricity

Major corporations in Nigeria have increasingly shifted away from the country’s power distribution system due to…

FG Proposes N8 Billion Budget to Educate Nigerians on Electricity Bill

The Federal Ministry of Power has proposed a budget of N8 billion for 2025 to educate…

UAE Firm Expands Presence in Africa with Key Role in Senegal’s Electrification Project

Ducab Group, a leading UAE-based manufacturer and end-to-end solutions provider, has enhanced its African presence by…

Nigeria’s Captive Power Generation Exceeds National Grid Capacity

Former Nigerian President Olusegun Obasanjo once described the N2 billion investment in captive power generation as…

Eskom’s Financial Turnaround Faces New Challenge

South Africa‘s Eskom Holdings has garnered praise from investors for its recent financial turnaround as it…

ACF Unveils Report on Scaling Insurance for Climate Resilience in Africa

The African Climate Foundation (ACF), in collaboration with Krutham and with input from a range of…

Rise and Fall of Nigeria’s Power Generation Capacity Between 2020 and 2024

From 2020 to 2024, Nigeria’s power generation capacity saw various changes. Despite having an installed capacity…