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…

ROSHN and EVIQ Accelerates EV Adoption in Saudi Arabia

ROSHN Group, Saudi Arabia’s leading real estate developer, has signed a Memorandum of Understanding (MoU) with…

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’s EPRA Hikes Electricity Price by 16.5%

Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…

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…

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…

Developing Countries May Not Get More Climate Investment –World Bank

The newly released World Bank ‘Global Economic Prospects’ report has projected that global growth will be…

FG Inaugurates Optimera Energy’s Gas Infrastructure in Lagos

Yesterday, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo and the Special Adviser…

China’s CLOU Secures BESS Order from Stella Energy

China’s CLOU Energy Storage has secured an order from US-based Stella Energy Solutions to supply 480-megawatt hours…