Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

KPLC Explains Why Token Prices Are High in Kenya

Kenya Power and Lighting Company (KPLC) Managing Director Joseph Siror has provided the reason why the…

Greece’s Electricity Connection to Europe May Generate €17.5bn – Report

A recent study by KPMG has shown that Greece could generate billions of euros for its…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Zimbabwe Energy Regulator Hikes Fuel Prices Effective from January 4

The Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices effective January 4, 2024, despite fuel…

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…

Portugal Generates 61% Electricity from Renewables

REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…

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…

Epra Approves Recovery of Sh6.5bn Electricity Tariff from Consumers

The Energy and Petroleum Regulatory Authority (Epra) has permitted Kenya Power to recover the Sh6.5 billion…

Kenya to Double Fuel and Electricity Levy

The Kenyan government has disclosed plans to increase fuel and electricity prices through changes in its…