Globeleq, the leading independent power company in Africa and its project partners, Source Energia and Electricidade de Moçambique…
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EU to Invest €60m in Uganda’s Hydropower Plant
The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…
IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks
The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…
Germany to Provide Cheap Electricity to ECOWAS
The Chancellor of the Federal Republic of Germany, Olaf Scholz, has said Germany is working with…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…
India’s Electricity Demand to Rise Nine-fold
The International Energy Agency (IEA) has said that India’s demand for electricity for running household air…
Schneider Electric Pushes for Increased Expertise, Investment
Schneider Electric is pushing for stronger ties between hyperscale companies and local experts to bring about…
REA to Electrify 250,000 Homes in Nigeria
The Rural Electrification Agency (REA) has announced plans to support 250,000 households with initiatives such as…
Engie Energy to Electrify 15 Northern Communities
The Federal Government, through the Rural Electrification Agency (REA), has announced a partnership initiative with ENGIE…
Egypt Signs $14.75bn Deal with China to Boost Green Energy
Egypt’s Suez Canal Economic Zone (SCZONE) has closed a $14.75 billion (EUR 13.9bn) investment pact with…