Nigeria’s Federal Government has committed N60 billion in 2024 to ensure that the planned cutting of…
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Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
Nigeria Can Produce 2.2mbpd of Oil – NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…
Air Liquide Signs Virtual Power Purchase Agreement with Statkraft
Air Liquide has signed a long-term Virtual Power Purchase Agreement (“VPPA”) with Statkraft, the largest producer…
Insurance Companies Opt Out of East African Crude Oil Pipeline
About 28 insurance companies have opted out of the East African Crude Oil Pipeline (EACOP) project…
AfDB Invests $289.5M in Mauritania’s Solar Projects”
The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…
FG Unveils Carbon Market Activation Plan Committee
The Vice President of Nigeria, Kashim Shettima, will inaugurate the committee to develop the National Carbon…
IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers
The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…
Solarcentury, SolNam Receives License to Build 60MWp Solar Project in Namibia
Solarcentury Africa and SolNam have announced that they have received an updated generation license from the…