In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
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MAN Projects 3.2% Growth, Electricity Act Execution in 2024
The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…
IEA Urges Governments to Keep Geopolitics Off Climate Talks
The International Energy Agency urged governments to keep geopolitics out of climate change talks while underlining…
The Impacts of Fuel Subsidy Removal on Electricity Pricing and the Power Sector in Nigeria
Nigeria’s fuel subsidy has been a significant policy and economic issue for several decades. The country…
West African Countries to Benefit from World Bank Renewable Energy Projects
World Bank approves US$311m to increase grid-connected renewable energy capacity for West Africa. Liberia, Chad, Sierra…
Gambia Hosts 2nd ERERA Forum
The availability and access to modern energy services are vital in reducing poverty. Increasing pressure on…
Nigeria Offers Concession On $1.3 Billion Zungeru Power Plant
Nigeria plans to grant a concession on its $1.3 billion hydropower plant. The private partner will…
FG Quietly Removes Electricity Subsidy, Petrol in Phases
Minister of Finance stated that FG plans to remove subsidies on petrol in phases. FG has…
NIGERIA: Remove Fuel, Electricity Subsidies – IMF to FG
The IMF calls for the removal of fuel and electricity subsidies Asks FG to improve revenue…
ALGERIA: Algeria to Cut Electricity Subsidies in 2022
Algeria set to cut electricity subsidies Government to strengthen the economy through subsidy cuts In a…