Nigeria to Fund Energy Transition with Revenue from Fossil Fuels

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…

AfDB Invests $302.9m in Mali-Mauritania’s Power Projects

African Development Bank (AfDB) allocates $302.9 million for power projects in Mauritania and Mali. The funding…

Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa

Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

Petrobras Shifts Focus to Local Greenfield Projects

Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…

Nigeria, Saudi Arabia to Develop Solid Minerals Sector

Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…

Ogunbiyi Presents E-mobility Plans for NorthEast

United Nations’ special representative for sustainable energy, Damilola Ogunbiyi, has highlighted plans for e-mobility deployment in…

Developing Countries May Not Get More Climate Investment –World Bank

The newly released World Bank ‘Global Economic Prospects’ report has projected that global growth will be…