GHANA: Exxon to Relinquish 80% Stake in Offshore Block

Exxon relinquishes its 80% stake Exxon owns an 80% stake in Cape Three Points Offshore The…

Saudi Aramco Invests in Energy Storage Firm Energy Vault

Swiss Energy Storage developer has received investment funds from Saudi Aramco. The company’s EVx platform is…

GHANA: ECG Yet to Recover ₵200m in Failed PDS Deal

ECG in the process of recovering ₵200m from PDS President Nana Akufo-Addo terminated the agreement in…

NIGERIA: Lagos Begins Retrofitting Street Lights

LASG begins retrofitting of street lights To convert existing street lights to LED The Lagos State…

NIGERIA: Increase Staff Wages, Labour to IBEDC

Labour asks IBEDC to increase staff salaries Says IBEDC has failed to increase salaries since 2013…

Pawame Secures $2.5m, Plans Launch of $5m Series A Round

Pawame has raised $1.7m in grant and $750k in equity financing. The funds will enable the…

SOUTH AFRICA: Energy Minister Denies Corruption Allegations

Energy Minister denies corruption allegation. DNG Energy filed a lawsuit to cancel Karpowership winning bid Accuses…

Seraphim and Rodina Sign Agreement for 1GW PV Module Supply

Seraphim will supply Rodina with its S4 series solar modules. This is the first cooperation agreement…

TotalEnergies and Novatek to Decarbonise LNG Production in Russia

TotalEnergies and Novatek have agreed to reduce carbon emissions in the production of LNG. Both companies…

Accelerating Off-Grid Electrification with Natural Gas

  In sub-Saharan Africa, about 600 million people lack access to electricity. For example, in Nigeria,…