South Africa to Raise $2.4 Billion from Energy Transition Pact

South Africa‘s National Treasury has noted that it expects as much as $2.4 billion to flow…

Nigeria Secures $2 Billion in Renewable Energy Investments

President Bola Tinubu revealed at the 3rd Africa Natural Resource and Energy Investment Summit (AFNIS) on…

Nigerian Universities Struggle Under Crushing Electricity Tariffs

Nigerian universities are struggling with excessive electricity tariffs imposed by electricity distribution companies (DISCOs). As highlighted…

USAID Launches N115 Billion ‘Empower Nigeria’ Programme With the Ministry of Power

On Wednesday, July 10, the United States Agency for International Development (USAID) announced a N115 billion…

Senate Calls for Urgent Action on Stalled Mambilla Power Project

In a significant move, the Senate passed a resolution on Thursday, July 4, advocating for immediate…

World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

World Bank Approves $1.5 Billion for India’s Energy Expansion

The World Bank approved $1.5 billion to accelerate India’s low-carbon energy expansion. This funding, part of…

Egypt’s $10 Billion Wind Power Project Delayed Until 2026

The construction of a $10-billion wind power project in Egypt, one of the world’s biggest, will…

Carbon Removal Market to Reach $100 Billion Between 2030 and 2035

A recent report by management consultancy Oliver Wyman highlights the immense potential for growth in the…

Court Stops IKEDC, NERC from Effecting New Electricity Tariff

The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc (IKEDC) and the Nigerian…