The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
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ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Nigeria, Saudi Arabia to Develop Solid Minerals Sector
Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…
ROSHN and EVIQ Accelerates EV Adoption in Saudi Arabia
ROSHN Group, Saudi Arabia’s leading real estate developer, has signed a Memorandum of Understanding (MoU) with…
Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement
Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Kenya’s EPRA Hikes Electricity Price by 16.5%
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…
TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt
The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…