Barbados has secured a $293 million debt-for-climate swap to strengthen its water and food security. CIBC…
Category: Prospects & Challenge
Nationwide Power Outage Hits Cuba After Major Plant Failure
A widespread power outage left Cuba in darkness on December 4, 2024, after one of the…
Springfield Strikes Major Oil Find Offshore Ghana
Springfield, an independent oil company, has confirmed a significant hydrocarbon discovery at the Afina-1x well offshore…
TCN Restores Power to Bayelsa, Launches Initiative to Combat Vandalism
The Transmission Company of Nigeria (TCN) has successfully restored bulk power supply through the Ahoada-Yenagoa 132kV…
IBEDC Reports Over 8,000 Energy Theft Cases, Partners with SIPETO to Tackle Offenders
The Ibadan Electricity Distribution Company (IBEDC) has reported over 8,000 cases of energy theft, including meter…
Nigeria’s Power Subsidy Set to Hit N2.4 Trillion Amid Sector Struggles
Nigeria’s power subsidy is projected to reach N2.4 trillion by 2024 as the sector struggles with…
Lagos Aims to Lead Nigeria’s Shift from Heavy Reliance on Generators
Nigeria aims to achieve universal energy access by 2030 and net-zero emissions by 2060. Diesel and…
Turkey Pushes for U.S. Waiver to Secure Russian Gas Payments
Energy Minister Alparslan Bayraktar said Turkey seeks a U.S. sanctions waiver to continue paying for gas…
Nigeria Trains Stakeholders on Eco-Friendly AC Disposal to Protect Ozone Layer
The Energy Commission of Nigeria (ECN), together with the National Ozone Office (NOO) and the Ministry…
World Bank Approves $250M Program to Enhance Morocco’s Municipal Solid Waste Management System
The World Bank’s Board of Directors has approved a $250 million financing package to support Morocco’s Municipal…