Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Nigeria Can Produce 2.2mbpd of Oil – NUPRC

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…

EBRD Invests €35m in Green Bond

The European Bank for Reconstruction and Development (EBRD) has invested €35 million in a green bond…

Global Carbon Markets Value Hit a Record $949b Last Year – LSEG

Analysts at London Stock Exchange Group plc has said that the value of traded global markets…

US DOE Invites Vespene Energy to Apply for Biogas Loan

The United States Department of Energy (U.S. DOE) has invited Vespene Energy to submit a Part…

The Impact of Renewable Energy in 2023.

Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…

OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

Beeah Group Clinches Sustainability Award at the 11th International Finance Awards

Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…

Circular Economy in Africa: A Paradigm Shift in Energy Consumption

Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…