In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
Category: Prospects & Challenge
Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu
Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
Shell May Drop 1.5 GW Norway Offshore Wind Bid
Norway’s country manager for Shell, Marianne Olsnes said that Shell may yet pull out of an ongoing…
The Role of Information Accessibility to Energy Sector Consumers
Information accessibility refers to providing specific information that helps consumers of energy products at purchase or use. Consumers often…
Kenyan Police Arrests Prime Suspect in Nairobi Gas Explosion
On February 6, Kenyan police said they had arrested the main suspect in a deadly gas…
World Bank to Support Ethiopia’s Efforts to Ensure Energy Access
The World Bank has appreciated Ethiopia’s progress and reaffirmed the Bank’s steadfast commitment to supporting the…
Minister Adelabu Urges Action on Power Sector Challenges
Chief Adebayo Adelabu, Minister of Power, expressed concerns about Nigeria’s power sector challenges, citing issues like…
British Drax to Launch Carbon Removal Business
Drax, the British power plant operator, plans to establish an independent business focused on becoming the…
EU Agrees on 90% Carbon Emissions Cut for Heavy-duty Vehicles
The European Council has said in a statement that the EU Council and Parliament have reached…
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…