British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…
Search Results for: African
AfDB Invests $302.9m in Mali-Mauritania’s Power Projects
African Development Bank (AfDB) allocates $302.9 million for power projects in Mauritania and Mali. The funding…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility
The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Libya Discusses Gas Pipeline Proposal from Nigeria to Europe
Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
Dangote Refinery to Begin Test Run this Week
A Dangote Group official who spoke to Reuters said the Dangote refinery will commence test runs this…
NERC Plans to Sell Kaduna Electric over $130m Debt
Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…