The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
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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…
ROSHN and EVIQ Accelerates EV Adoption in Saudi Arabia
ROSHN Group, Saudi Arabia’s leading real estate developer, has signed a Memorandum of Understanding (MoU) with…
Developing Countries May Not Get More Climate Investment –World Bank
The newly released World Bank ‘Global Economic Prospects’ report has projected that global growth will be…
FG Inaugurates Optimera Energy’s Gas Infrastructure in Lagos
Yesterday, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo and the Special Adviser…
Masdar, Hy24 Partner to Develop Green Hydrogen Projects
Masdar, an Abu Dhabi renewable energy company and Hy24, a clean hydrogen investor, have agreed to…
Tanzania, Rwanda and Somalia Selected for World Bank’s Clean Energy Programme
Tanzania, Rwanda and Somalia are among four countries selected as pilots for a new World Bank…
KWASU Converts Petrol-powered Bus to Electric
The engineering team at the Centre for Sustainable Energy, Kwara State University (KWASU), has converted a…
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…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…