Kenya has joined the nine African countries to form a consortium leading the world to develop…
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Consortium Seals $5bn for Hydroelectric Project in Mozambique
A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…
World Bank Approves $750m for Renewable Energy Project in Nigeria
The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…
COP28: Nigeria, Other African Countries to Join BESS Consortium
Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…
Gabon’s Kinguélé Hydroelectric Project Secures €123m Funding
Gabon’s Kinguélé Aval hydroelectric project received an initial disbursement of 81 billion CFA francs (123.4 million…
BoI Plans Financing Scheme for Clean Energy
The Bank of Industry (BoI) has disclosed plans to implement an on-lending financing scheme to support…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…
Nigeria’s National Grid Suffers Instability
In Nigeria, only the Delta Power plant was generating power at noon, producing 41MW, with Afam…
Germany, US Allocate Funding for Renewable Energy in Africa
Germany pledges €40 million to the African Development Bank's Sustainable Energy Fund to support renewable energy…
British High Commission to Partner with NDDC for Renewables
The British High Commission has disclosed plans to explore partnerships with the Niger Delta Development Commission (NDDC).…