Egypt’s Suez Canal Economic Zone (SCZONE) has closed a $14.75 billion (EUR 13.9bn) investment pact with…
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FG, EU Signs €900 Million Deal for Green Transition
The federal government and the European Union (EU) signed a €900 million (about N728 billion) financial…
South Africa Approves Green Hydrogen Commercialisation
South Africa has approved the implementation of its Green Hydrogen Commercialisation Strategy (GHCS). The country now…
Egypt, China Signs MoU for Green Energy Projects
Egypt’s Prime Minister Moustafa Madbouly witnessed the signing of two major agreements with Chinese companies for…
REA Says Over 100 Mini-grids Now Operating in Nigeria
The Federal Government has disclosed through the Rural Electrification Agency (REA) that over 100 electricity mini-grids…
Kia Launches Electric Vehicles in Middle East, Africa
Kia Middle East & Africa has launched its all-electric vehicles, the Kia EV9, EV6, and concept…
Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
OPEC Criticises Call to Halt New Oil Project Investments
The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…
Fouani Nigeria Unveils Huawei Power-M Inverter in Nigeria
Fouani Nigeria Ltd, a leading distributor of electronics and home appliances, has unveiled the Huawei Power-M Inverter…
Nigeria Imports 23.5 Billion Litres of PMS in 2022
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria imported 23.5 billion litres of…