Husk Power Raises $103 Million for Solar Mini-grids in Africa

Husk Power Systems has raised $103 million Series D in equity and debt to meet its…

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…

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…

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…

Ather Energy to Set Up New Manufacturing Facility

Ather Energy, an electric two-wheeler manufacturer, is gearing up to establish a new manufacturing facility to…

NERC Licenses 17 Independent Network Operators

The Nigeria Electricity Regulatory Commission (NERC) said it had licensed 17 Independent Electricity Distribution Networks (IEDN)…

Africa is Using Below 1% of Wind Energy Potential –GWEC

The Africa director of the Global Wind Energy Council (GWEC), Wangari Muchiri, said Africa is utilising less than one per cent…

South Korean Firms to Invest in UAE’s Oil and Gas

Top executives from South Korean companies have said that numerous firms are seeking to invest in…

British Investment to Fund Indian Climate Projects

British International Investment (BII), the United Kingdom government’s development finance institution, plans to invest about $1…