NERC Chairman Warns of N3.2 Trillion Subsidy Burden

Sanusi Garba, Chairman of NERC, revealed a potential N3.2 trillion subsidy burden if recent tariff hikes…

AEDC Fails to Refund Customers Despite NERC Order

Days have passed since the Nigerian Electricity Regulatory Commission (NERC) ordered Abuja Electricity Distribution Company (AEDC)…

African Union Seek 1.3tn to End Energy Crisis

African countries, through the African Union (AU), are on the lookout for a $1.3 trillion financing…

OPEC Woos Namibia to Join the Organisation

The OPEC+ oil producers group is proposing a possible membership to Namibia as it sets up…

Kenya May Renegotiate 25-year PPA with Ethiopia

Kenya may renegotiate its 25-year power purchase agreement (PPA) with Ethiopia if the deepening electricity crisis…

EU to Fund $20 Million Solar Power Stations in Egypt

Egypt has revealed that it plans to Construct two solar power stations worth 1 billion Egyptian…

RWE Announces its First US Green Bond

German energy group RWE has announced the issuance of its first green US dollar bond, raising…

South Africa Opens Tender for 616 MW/2,464 MWh BESS

South Africa’s Department of Mineral Resource and Energy (DMRE) this week opened a tender for 616…

Morocco Expects More EV Battery Investments

Moroccan industry and trade minister Ryad Mezzour said Morocco wants to attract more electric battery manufacturers.…

China Invites Uganda for Talks on Pipeline Financing

China has invited Uganda’s energy minister to Beijing to discuss the East African country’s $5 billion…