The European Commission stated on Friday, June 13, that European Union countries will need to invest…
Category: Prospects & Challenge
Nigeria’s $5 Billion Oil-Backed Loan Deal with Saudi Aramco Faces Delays
Nigeria and Saudi Aramco are facing challenges in finalising a $5 billion loan. It was reported…
UK Pledges £14.2bn to Sizewell C Nuclear Project
On Tuesday, the British government announced a £14.2 billion ($19.25 billion) investment in the Sizewell C…
Kenya’s Solar Industry Warns of Mass Job Losses Over 16% VAT Proposal
Kenya’s booming solar sector is bracing for a major contraction after the government proposed reinstating 16…
Energy Investment to Hit $3.3 Trillion by 2025 Despite Concerns
Global energy investment is set to increase in 2025 to a record $3.3 trillion. This is…
Tunisia Records Energy Deficit of Nearly 10.8 Billion Dinars in 2024
Tunisia posted an energy deficit of nearly 10.8 billion dinars in 2024 due to rising oil…
Algeria Set to Open Mining Sector to Foreign Companies for Critical Metals Exploration
Algeria is set to ease restrictions on foreign ownership in its mining sector. The gas-rich country…
New Zealand, Indonesia Sign PINZ Deal to Boost Geothermal Development
New Zealand and Indonesia have signed the Partnership Arrangement for the Indonesia-Aotearoa New Zealand Geothermal Energy…
UEDCL Commits to Improved Service Delivery
The Uganda Electricity Distribution Company Limited (UEDCL) has promised to enhance service delivery in response to…
Uganda Signs Nuclear Site Assessment Deal with South Korea’s KHNP
Korea Hydro & Nuclear Power (KHNP) is taking a significant step towards entering the Ugandan nuclear…