Nigeria Requires $400bn to Meet SDG7, Net-Zero Targets – FG

Nigeria needs $400bn to meet the 2030 SDG7 target. 5 African countries contribute 50% of the…

AfDB Covid-19 Off-Grid Recovery Platform Reaches Financial Close

The African Development Bank has reached a financial close on financing agreements for a $20 million…

Bringing Twitter Back: A Step in the Right Direction

The micro-blogging site Twitter has agreed to establish an office in Nigeria, thus reopening the door…

NIGERIA: DPR Anticipates $500 Million Gas Investments

DPR anticipates $500 million investments in the gas sector Investors have indicated interests in the domestic…

Wärtsilä to Supply 5.2MWh Battery for Taiwan’s Grid

Wärtsilä will supply a 5.2MWh battery system for the Beimen Energy Storage project. The system will…

RWANDA: Energiecotel Begins Trading on RSE

  Energiecotel begins trading on RSE Becomes first indigenous private energy firm to list on the…

Globeleq Closes $362m Refinancing for 3 Projects in S Africa

Globeleq has refinanced 3 power plants in South Africa. In addition, the company raised $362m in…

KENYA: High Court Bars Kenya Power from Procuring Insurance Brokerage Services

  Kenyan High Court bars Kenya Power Suspends tender process Petitioner claims Kenya Power altered the…

Hanwha Q Cells Acquires RES France 5GW Portfolio

  Hanwha has acquired RES France. The deal will double Hanhwa’s portfolio on the continent. The…

Ambri Raises $144m to Produce Long-Term Energy Storage

  Ambri has secured funding to develop production facilities. The company produces long-term energy storage systems.…