Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
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OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Nigeria, Saudi Arabia to Develop Solid Minerals Sector
Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…
Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement
Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
Tinubu Promises to Improve Electricity Supply, Tax Laws in 2024
President Bola Tinubu, in his New Year’s speech, said Nigeria will simplify its tax laws and…
Kinetic Energy to Expand Natural Gas in South Africa
The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…
Masdar, Hy24 Partner to Develop Green Hydrogen Projects
Masdar, an Abu Dhabi renewable energy company and Hy24, a clean hydrogen investor, have agreed to…
TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas
TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…
Tanzania, Rwanda and Somalia Selected for World Bank’s Clean Energy Programme
Tanzania, Rwanda and Somalia are among four countries selected as pilots for a new World Bank…