GCF Invests $150m in Desert-to-Power G5 Sahel Financing Facility

GCF to invest $150m in Desert-to-Power Facility, The Facility aims to Mobilise $966m over the next…

NIGERIA: PMS Prices Expected to Hit ₦320/Litre as FG Moves to Remove Subsidy

PMS prices expected to reach ₦320/ltr as FG moves to remove fuel subsidies Stakeholders expect a…

India Faces Electricity Crisis as Coal Stock Runs Low

India faces electricity crisis, as coal stocks run low Government working towards ramping up coal production…

Jordan to Supply Electricity to Lebanon by December

Jordan to supply gas to Lebanon Jordan will also supply electricity to Lebanon via the Syrian…

GHANA: Prempeh Working to Suspend Some Fuel Levies

Prempeh hints at suspending fuel levies Plans to cushion the impact of rising oil prices Ghana’s…

MIGA guarantees €4.5 million for the Nagréongo Solar Plant in Burkina Faso

The Paris (France) based Independent Power Producer (IPP) gets a guarantee from the Multilateral Investment Guarantee…

Governments Need to Increase Investments in Hydrogen to Meet Net-Zero Targets – IEA

The IEA states that governments need to raise investments in hydrogen to meet net-zero targets. Governments…

Zola Electric Raises $90m to Fund Expansion Plans

Zola has raised $90m to expand its products and services. The funds comprise equal part equity…

SOUTH AFRICA: Johannesburg Mayor Promises to Push Migration from Eskom

Johannesburg’s newly sworn-in Mayor promises to push electricity reforms Commits to migrating supply from Eskom to…

NIGERIA: FG, Siemens Differ on Conditions for PPI

FG, Siemens differ conditions for the Siemens deal Disagrees on Local content, counterpart funding, among others…