Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…
Search Results for: energy development
IFC Invests $20m in Africa50 for Sustainable Infrastructure
The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
WAPP Proposes $156m Budget for 330kV Power Project
The West African Power Pool (WAPP) has proposed a $156 million annual budget to execute its…
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…
Egypt to Set Up Green Data Centre
Egypt is preparing to establish a green data centre project. This project would harness about 200…
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…
Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility
The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
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…