Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

Petrobras Shifts Focus to Local Greenfield Projects

Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…

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…

TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt

The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…

NERC Plans to Sell Kaduna Electric over $130m Debt

Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…

Better Energy, Andel to Build 15 Solar Energy Parks in Denmark

Better Energy, a Danish renewables company and Andel, a fibre-optic group, have teamed up on a…

Russia Lends Egypt Over $1bn to Construct Nuclear Power Plant

Egyptian government officials have disclosed that Russia has lent Egypt over $1 billion to date of…

NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

Qcells to Supply Microsoft with American-Made Solar Panels

South Korea’s Qcells said today that it will supply Microsoft with 12 gigawatts of American-made solar panels…

Burkina Faso Adds 68MW Solar Power to Grid

Burkina Faso unveiled two solar power plants in Pâ and Kodéni, adding 68 MW to its…