The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
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BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition
Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…
Nigeria Transmits Only 8.1GW of 13GW Electricity Generated –TCN
The General Manager for the Port Harcourt Region, Transmission Company of Nigeria (TCN), Thomas Inugonum, has…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
EU Unveils Energy Overhaul Plan For Renewable Surge
European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…
Will Nigerians be Free from Energy Poverty?
Nigeria, Africa’s giant, has abundant resources with a promising potential for a thriving economy; however, it…
Energy Firms Partner to Increase Renewable Export to Africa
Desert Technologies, a renewable energy solutions provider and Elsewedy Electric LLC, an integrated energy and infrastructure…
NCDMB Invests N46.8bn in 11 Oil and Gas Firms in 2020/2021
A new report recently released by the Nigerian Extractives Industries Transparency Initiative (NEITI) has shown that the…
Climate Change Costs Nigeria $100bn Annually –Report
A new report has disclosed that as of 2020, Nigeria lost at least $100 billion annually…