AfDB Approves $500 Million Loan to Transform Nigeria’s Energy Sector

The African Development Bank Group has recently approved a substantial $500 million loan aimed at bolstering…

World Bank Restructures $350 Million Loan to Speed Completion of Power Plants

The World Bank has restructured a significant $350 million loan for Nigeria, aimed at advancing the…

FGNPC Secures $118M Power Upgrade Deal

FGN Power Company (FGNPC) has secured a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract with…

Ghana’s Ministry of Transport to Ban Petrol Diesel Vehicles

The Ministry of Transport emphasises the transformative potential of the National Transport Policy (NTP) and Electric…

Nigerian Government Takes Action on $14.2 Million Electricity Debt

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that Niger, Benin Republic, and Togo owe Nigeria…

ERERA Calls for Blended Finance to Secure West Africa’s Electricity Sector 

Regulators, operators, and government representatives at the ERERA forum recommended using blended financing modules to attract…

Seplat Energy Sees $177M H1 Profit and Dividend Boost

Seplat Energy PLC, a leading Nigerian independent energy company listed on the Nigerian Exchange and the…

TETFund and Ministry of Power Collaborate on Energy Solutions for Campuses

Nigerian Universities struggling with electricity bills.

Togo Expands Solar Street Lamp to Southern Regions

On Thursday, July 25, local authorities in the Maritime region received a briefing on a new…

Mirova Invests $20M in ManoCap Energy for West African Expansion

French asset manager Mirova has invested $20 million in ManoCap Energy, a leading West African independent…