The 2023 Electricity Act has enabled states to establish small hydropower plants to increase electricity generation.…
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InfraCredit Secures $15 Million AfDB Loan
InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
World Bank Supports Guinea-Bissau’s Solar Power Expansion
The World Bank announced significant financial backing for Guinea-Bissau’s pioneering solar power initiative to reduce carbon…
APRA Secretariat Advocate Balanced Power Interconnection
Accelerated Partnership for Renewables in Africa (APRA) Secretariat Head Safiatou Alzouma said Ethiopia could balance the…
IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030
In its June 2024 report on clean energy investment for development in Africa, the International Energy…
AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan
In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…
Nigeria Set to Sell Five Essential Power Plants for $1.15 Billion
Nigeria stands on the cusp of a moment in its energy sector. Poised to sell five…
Nigeria Unveils 300MMscf/d Kwale Gas Hub to Boost Jobs and Energy Security
Nigeria’s Minister for Petroleum Resources (Gas) has commissioned the 300 million standard cubic feet per day…
Value Addition is Key in Agric, Climate Change Adaptation – Makhtar Diop, IFC MD
The International Finance Corporation (IFC) Managing Director Makhtar Diop, currently on a three-day visit to Nigeria,…
Nigeria Sets Sights on Energy Transition Plan by 2060
Nigeria is pushing forward with its Energy Transition Plan (ETP), aiming to transition to cleaner energy…