France’s development agency has agreed to give South African state-owned logistics group Transnet a 300 million…
Category: News
EIB to Provide Africa with Over €2bn for Renewable Energy Projects
The European Investment Bank (EIB) has announced plans to commit more than €2 billion ($2.3 billion)…
Report Flags Major Challenges Facing Morocco’s Renewable Energy Projects
The Global Landscape of Energy Transition Finance 2025 report highlighted ongoing challenges for major renewable energy…
ExxonMobil Lifts Force Majeure on Mozambique’s Rovuma LNG Project
ExxonMobil has lifted the force majeure declaration at the 18 million metric ton/year Rovuma LNG export…
Malawi Set to Begin Power Imports as Mozambique Interconnector Nears Completion
Malawi is close to starting electricity imports from Mozambique as the Mozambique–Malawi Power Interconnector Project nears…
NNPC Delivers Record N5.4tn Profit After Tax
The Nigerian National Petroleum Company Limited (NNPC Ltd) 2024 profit milestone has reshaped expectations for NNPC.…
Mozambique Grants 30-year Concession to State Firms for LNG Facilities at Beira port and Inhassoro, Pipeline to South Africa
Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession to…
Alcazar Energy Partners Signs Agreement for 500 MW Wind Project in Egypt
Alcazar Energy Partners (AEP), a leading independent infrastructure fund manager focused on utility-scale renewable energy projects…
GenCos Turn Down FG’s Plan for 50% Waiver on ₦5tn Outstanding Debt
Power generation companies, GenCos, have rejected contract offers from the Federal Government requiring them to accept…
EERC Warns MainPower over Unauthorised Creation of Unmetered Accounts
The Enugu State Electricity Regulatory Commission (EERC) has issued a strong warning to MainPower Electricity Distribution…