NIGERIA: PMS Prices Expected to Hit ₦320/Litre as FG Moves to Remove Subsidy

PMS prices expected to reach ₦320/ltr as FG moves to remove fuel subsidies Stakeholders expect a…

Zola Electric Raises $90m to Fund Expansion Plans

Zola has raised $90m to expand its products and services. The funds comprise equal part equity…

Sun Exchange Secures $2.5m Financing from ARCH

Sun Exchange has secured a $2.5m investment from ARCH. Sun Exchange provides a crowd-based solar leasing…

Ecoligo Acquires Namene C&I Division

Ecoligo has acquired Namene’s West Africa C&I business. Namene will focus on its solar lamp business.…

Kenya: Electricity Bill Set to Rise Further – EPRA

Kenyans to pay more for electricity this month EPRA increased fuel cost charges from Sh 3.77…

FirstRand to Exit Coal Financing for Coal Power Plants Immediately

  FirstRand to end coal financing immediately. The bank will also exit financing for coal mines…

Turning a New Leaf

With each passing day, countries are taking more action towards turning a new leaf in their…

Flogas Announces Price Increases for Gas and Electricity

Customers to pay more for electricity Flogas announces price increase Customers of energy company Flogas will…

AfDB Covid-19 Off-Grid Recovery Platform Reaches Financial Close

The African Development Bank has reached a financial close on financing agreements for a $20 million…

Hanwha Q Cells Acquires RES France 5GW Portfolio

  Hanwha has acquired RES France. The deal will double Hanhwa’s portfolio on the continent. The…