World Bank Restructures $350 Million Loan to Speed Completion of Power Plants

The World Bank has restructured a significant $350 million loan for Nigeria, aimed at advancing the…

FRV Secures AUD 1.2 Billion for Australian Solar Projects

Global renewables developer Fotowatio Renewable Ventures (FRV) has closed an AUD 1.2 billion (USD 784 million/EUR…

FGNPC Secures $118M Power Upgrade Deal

FGN Power Company (FGNPC) has secured a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract with…

BII Invests £725 Million in Africa for 2023

In a challenging year marked by global economic instability and climate crises, British International Investment (BII)…

Nigeria Launches Police Force Green Initiative

The federal government has unveiled the Nigeria Police Force Green Initiative, targeting 5,000 solar installations nationwide.…

SEC Calls for Increased Green Finance Adoption in Nigeria

Dr Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has called for stakeholders…

Experts Urge Deregulation of the Power Sector at Nextier’s Power Dialogue

The 96th Power Dialogue, convened by The Electricity Hub (TEH), a subsidiary of Nextier, marked a…

AEDC and TransAfam Power to Electrify Abuja Commercial Cluster with 50MW

The Abuja Electricity Distribution Company (AEDC) has forged a strategic partnership with TransAfam Power to bring…

Egypt and Saudi Arabia to Operate Power Linkage Project by 2025

Egypt and Saudi Arabia have agreed to take the necessary steps to begin operating the power…

AfDB Grants $1 Billion Loan to Transnet

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…