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…

South Africa Enacts Climate Change Bill for a Greener Future

President Cyril Ramaphosa has signed the Climate Change Bill into law, marking a significant step in…

MCWAP-2A Accelerates with R4.5 Billion Loan In South Africa

The second phase of the Mokolo Crocodile Water Augmentation Project (MCWAP-2A), which began in June 2019,…

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Masdar has stated that it has agreed with Endesa SA to become a partner for 2.5…

Masdar Raises $1Billion with Green Bond

Masdar said its second green bond issuance on the London Stock Exchange had raised $1 billion,…

Green Climate Fund Approves $1 Billion for 17 Projects in 35 Developing Countries, Accredits Development Bank of Nigeria As a DAE

At its 39th Board meeting on July 19, 2024, the Green Climate Fund (GCF), the world’s…

AfDB Grants $1 Billion Loan to Transnet

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…

South Africa to Raise $2.4 Billion from Energy Transition Pact

South Africa‘s National Treasury has noted that it expects as much as $2.4 billion to flow…

Nigeria Secures $2 Billion in Renewable Energy Investments

President Bola Tinubu revealed at the 3rd Africa Natural Resource and Energy Investment Summit (AFNIS) on…

Nigerian Universities Struggle Under Crushing Electricity Tariffs

Nigerian universities are struggling with excessive electricity tariffs imposed by electricity distribution companies (DISCOs). As highlighted…