Daystar Power and RMI Unveil Solar Business Model Targeting $6.5 Billion Investments for Nigerian Businesses

In a March 12 press release, Daystar Power and Rocky Mountain Institute (RMI) released a U.S.…

Equinor, Ørsted Secure New York’s 4th Wind Tender

New York officials said it had selected the Empire Wind 1 project from Norway’s Equinor and the…

Mozambique’s Natural Gas May Generate $100bn

Mozambique’s natural gas reserves may generate $100 billion, signalling the nation’s pivotal role in the energy…

IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers

The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…

ETO, AfDB Partner to Address Power Sector Issues

The Energy Transition Office (ETO) has announced a proposed partnership with the African Development Bank (AfDB)…

Nigeria Imports 23.5 Billion Litres of PMS in 2022

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria imported 23.5 billion litres of…

Africa Must Harness Green Hydrogen for Stability –Conex MD

The Managing Director of Conex Liberia, a petroleum company, Amitabh Prasad, has said harnessing the potential…

African Refiners to Adopt Single-Grade Petrol by 2030

The African Refiners and Distributors Association (ARDA) has committed to having a single grade of Premium…

FG to Generate 20,000MW of Electricity in Three Years

Minister of Power, Adebayo Adelabu, has pledged on behalf of the federal government to generate 20,000MW…

AfDB to Disburse $250 Million for Electrification Project

The African Development Bank (AfDB) has pledged to disburse a previously approved $250 million fund for…