PowerX Closes $4m Seed Round Financing

PowerX utilises Artificial Intelligence to optimise household utility usage. A pilot test of the product in…

Daystar Power Group Set to Receive $20 million Financing from the IFC

A $20 million financing proposal to off-grid power service provider Daybreak is yet to be approved…

Naija No Dey Carry Last

There’s a popular phrase among Nigerian citizens where they pride themselves for always coming first, or…

NIGERIA: World Bank Report Releases Report on Nigeria’s Power Sector

Nigeria, the country with the highest number of people without electricity in the world One in…

NIGERIA: FG Disagrees with World Bank on Power Sector Report

FG rejected findings of the report Says energy sent to DisCos has been on a steady…

MIGA Issues Investment Guarantees for Bboxx Operations in Africa

MIGA has issued guarantees worth $37.1m for the African Infrastructure Investment Fund 3 (AIIF3) and the…

EBRD Mobilizes $114m for 200 MWp Kom Ombo Solar Project in Egypt

The EBRD has announced the mobilisation of $114m to develop the Kom Ombo solar power plant.…

The Need To Make Renewables Affordable

There have been recent arguments on the necessity for a transition into renewable energy. Some say…

FG Set to Deploy Solar Mini-Grids to Unity Schools and PHCs

Nigeria’s power minister has stated the federal government’s intention to deploy solar mini-grids in all 104…

NIGERIA: Lagos State Plans to Establish Electricity Market

LASG plans to establish an electricity market To boost electricity supply in Nigeria’s commercial hub The…