AfDB Pledges $2bn for Clean Cooking in Africa, Urges 5% Energy Investment in the Sector

The African Development Bank Group has pledged $2 billion to enhance clean cooking in Africa over…

Uganda Begins Reviewing Uranium Potential

The Government of Uganda has begun reviewing its uranium potential ahead of a plan to develop…

XECO and CS-PRO Announce First Green Security Token Offering

XECO Limited, a New Energy Vehicles (NEV) solution provider based in Hong Kong, and CSPRO Limited, a corporation…

Shettima Inaugurates Avatar New Energy Lithium Facility in Nigeria

Avatar New Energy Materials Company Limited, a Chinese mining firm, has inaugurated a lithium processing facility…

IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection

The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…

Philippines Extends Zero-Tariff Policy on Electric Vehicles

The Philippines has extended its no-tariff policy on electric vehicles and parts through 2028 to wean…

Honda Increases Electrification Investment to $65 Billion

Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…

Burkina Faso Powers Up $49M Solar Deal with China

The transitional parliament in Burkina Faso approved a $49.3 million loan from China for a new…

Adebayo Adelabu Faces Tariff Protests, Cyber Levy Suspended

Minister of Power Adebayo Adelabu urges Nigerians to support ongoing power sector reforms, which he believes…

Electric Vehicle Sales Decline in the United States

In the first quarter of 2024, electric vehicle (EV) sales including hybrid vehicles, plug-in hybrid electric…