Scatec Reaches Financial Close for BESS Project in South Africa

Scatec ASA, a leading renewable energy provider, has reached financial close for the Mogobe battery energy…

Tullow Ghana Commits to Harnessing Hydrocarbon Potential

Tullow Ghana Limited remains committed to har­nessing the huge potential of hydrocarbons in Ghana’s off­shore fields,…

Adani Group to Pay KES 1 Billion Success Fee in Mega Power Infrastructure Deal

India’s Adani Group will pay the Kenyan government a KES 1 billion ($8 million) success fee…

Africa Needs $21.3 Billion by 2030 for Electricity Access, Says Industry Report

Most African countries, especially Nigeria and other low-income nations, will require approximately $21.3 billion in investments…

Tanzania Seeks $1.2 Billion PPP for Power Transmission Improvement

The Tanzanian government is discussing with two foreign investor companies interested in developing power transmission projects…

Germany’s KfW Invests €20 Million in DRC Hydropower Substation Upgrade

Germany’s KfW has invested €20 million ($22.1 million) to modernise the substation at the Inga I…

ACF’s Impact: Driving Sustainable Change Across Africa

The African Climate Foundation (ACF) is leading this transformation, addressing the continent’s unique environmental challenges with…

Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

France Faces Industry Pushback Over Proposed Power Plants Tax

The French government plans to impose a new tax on electricity production plants to balance the…

Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs

The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…