News

Eskom’s Financial Turnaround Faces New Challenge

South Africa‘s Eskom Holdings has garnered praise from investors for its recent financial turnaround as it…

South Africa to Build Regional LNG Supply Chain

Botala Energy Ltd has announced the successful execution of a non-binding Memorandum of Understanding (MoU) to…

ACF Unveils Report on Scaling Insurance for Climate Resilience in Africa

The African Climate Foundation (ACF), in collaboration with Krutham and with input from a range of…

Rise and Fall of Nigeria’s Power Generation Capacity Between 2020 and 2024

From 2020 to 2024, Nigeria’s power generation capacity saw various changes. Despite having an installed capacity…

Nigeria’s December 2024 Oil Production Falls Short of OPEC Quota

Nigeria’s daily average oil production in December 2024 reached 1.667 million barrels per day (mbpd), marking…

Egypt to Start Gas Production from Two New Wells in February 2025

 The Egyptian Ministry of Petroleum and Mineral Resources has announced the successful completion of drilling operations…

Engie Expands Red Sea Wind Energy Farm in Egypt

Engie has announced the expansion of its flagship wind farm project in Ras Ghareb, Egypt, the…

Brent Crude Surge May Push Up Fuel Prices in Nigeria

Petrol prices in Nigeria may rise following a recent surge in Brent crude prices. On January…

Ukraine’s DTEK to Buy 200MW Energy Storage Systems to Limit Outages

 Ukraine’s largest private energy company, DTEK, will buy storage systems with a total capacity of 200…

Nigeria’s FG and Ministry of Power Accused of Withholding Metering Project Funds

Ziklagsis Network Ltd, a metering company, has filed a lawsuit against the Federal Government, the Ministry…