EU to Invest €60m in Uganda’s Hydropower Plant

The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…

FG Closes $463m Deal to Improve Power Distribution Lines

The Ministry of Power has closed a $463 million contract with a Chinese consortium to improve…

NESI Says Power Sector Improved Last Decade

In the last 10 years, Nigeria’s power sector has experienced markered progress. According to the Nigerian…

ACWA Power Signs $746m Agreements for Power Generation

ACWA Power has signed several agreements worth $746m on the sidelines of the Future Investment Initiative…

Enugu to Generate 690MW, 20-hour Power Supply by 2030

Enugu State government has unveiled a transition plan to generate over 690 megawatts of electricity and…

Reps Probe N7tn Power Sector Fund Since Privatisation

The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…

China to Increase Investment in Nigeria’s Power Sector

President of China, Xi Jinping, recently pledged his country to increase investments in Nigeria’s power generation…

EU to Disburse €150 Billion for Nigeria, Africa’s Infrastructure

The European Union (EU) has said it will disburse 150 billion Euros in four years by 2027 through…

U.S. Invests $3.5 Billion Grant in Power Grid

President Joe Biden’s administration announced $3.5 billion in grants for power grid projects. The grants are…

Adelabu Urges Public-private Partnerships in Power Sector

Minister of Power, Adebayo Adelabu, has stressed the need for improved partnerships between the public and…