EU Plans 90% Greenhouse Emissions Cut by 2040

The European Commission plans to recommend a 90 per cent reduction in the European Union’s greenhouse…

EU Agrees on 90% Carbon Emissions Cut for Heavy-duty Vehicles

The European Council has said in a statement that the EU Council and Parliament have reached…

Puma Energy Acquires 49% Stake in Renewable Energy Firm

Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…

IFC Invests $80m in African Renewable Energy Boost

The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…

Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria

British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…

Shell to Sell its Onshore Subsidiary in Nigeria for $2.4bn

After nearly a century of operations, Shell has agreed to sell its Nigerian onshore oil and…

Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa

Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…

Avaada Group Signs MoU with Gujarat for 6GW Hybrid Projects

Avaada Group, a leading integrated energy platform in India, has entered into a Memorandum of Understanding…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

ATIDI to Support 20MW Solar Project in Uganda

African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…