The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
Category: News
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
Masdar, PwC Release Renewable Energy Report in West Africa
Masdar and PwC Middle East have released a new report showing West Africa’s renewable energy potential.…
AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…
Experts Urge Tunnelling, Underground Technology to Develop Africa’s Energy
Experts have called on Nigeria and other African nations to adopt tunnelling and underground space development to…
DBN Secures €25m for MSMEs, Renewable Sector
The Development Bank of Nigeria (DBN) Plc has secured €25million for the growth and development of…
Access Bank, Asolar to Power SMEs, Communities with Solar Gadgets
Access Bank Plc, in collaboration with Asolar, has launched a renewable energy solution to tackle power supply…
Crude Oil Production Rose to 1.6mbpd in October
Crude oil production in Nigeria, including condensate, rose year-on-year by 30 per cent to 1.6 million barrels…
Tinubu Reappoints Kyari as CEO of NNPCL
To restructure the Nigerian National Petroleum Company Limited (NNPCL), President Bola Tinubu has announced the reappointment…
AEC Predicts Decline in Oil Production in 2024
According to a report by the Africa Energy Chamber, Africa is likely to have a flat…