Aker Capital AS, 100% owned by Aker ASA (together referred to as “Aker”), and The Resource…
Category: West Africa
IMF Advocates for Interest-free Loans to Achieve Energy Transition in Nigeria and Developing Countries
As countries intensify the search for massive global investments to reduce emissions and boost resilience, the…
BII and Shell to Invest $245 Million in Elean Energy in Africa
A recent agreement between the Shell Foundation and British International Investment (BII), the financial arm of…
Nigeria Kicks-off Construction of First Solar-Cell Factory in West Africa
Last week, Nigeria’s National Agency for Science and Engineering Infrastructure (NASRENI) started constructing the first solar-cell…
NSIA and Vitol to finance sustainable Development Through Carbon Credits in Nigeria
Vitol, a crude oil brokerage company, and the Nigeria Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth…
Taxes on Imported Equipment Threatens Energy Transition Agenda
The Ghana Chamber of Mines has identified taxes on equipment imported for renewable energy projects as…
Seplat Energy CEO, Charged with Breach of Immigration Law
The Nigerian federal government has filed a lawsuit against the CEO of Seplat Energy, Roger Brown,…
Equator Raises $40 million for Energy and Other Development in Africa
Start-ups in Africa south of the Sahara should be supported in their expansion through a new…
BEDC Urges Customer Support to Meet N11Bn Monthy Energy Cost
The Managing Director/Chief Executive Officer of Benin Electricity Distribution Company (BEDC), Deolu Ijose, has said the company…
Nigeria: Non-buoyancy of DisCos Pose Serious Challenge in the Implementation of Bilateral Power Contracts
The non-buoyancy of many of the Distribution Companies (DisCos) and the perceived opacity of the project…