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.…

Bill Gates’ backed Breakthrough Energy Raises $1bn for Clean Energy Innovation

  Breakthrough Energy has raised over $1bn for clean energy development. Breakthrough Energy was established in…

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…

76% of Proposed Coal Projects Called Off Since 2015

Over 76% of coal projects cancelled since 2015. Five countries account for 82% of the current…

Turning a New Leaf

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

NIGERIA: FG Must Address Gas Challenges – David Ige

FG must address the gas challenges in the sector Ige expects the impact on the economy…

NIGERIA: FG, IEA to Host Oil and Gas Stakeholders on Energy Transition

FG, IEA to host a workshop on energy transition The workshop will facilitate Nigeria’s energy transition…