Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
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Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply
On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…
South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition
South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
AU, IRENA Collaborates for Sustainable Energy in Africa
IRENA (the International Renewable Energy Agency) and AUDA-NEPAD (the African Union Development Agency) have recently collaborated…
MIGA Grants $18 Million Assurance for BTE Solar Facility
The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has given an…
ACWA Power Signs an MoU for a Wind Energy Project in Egypt
ACWA Power, the world’s largest private water desalination company and a pioneer in green hydrogen, along…
NEFCO and CCA to Finance Clean Cooking in Africa
In collaboration with the Clean Cooking Alliance (CCA), the Nordic Environment Finance Corporation (NEFCO) will implement…
Gigawatt Global Set to Increase Capacity of Solar Plant in Burundi
The Burundi government has approved the expansion of the 7.5 MWp Mubuga solar photovoltaic park, located…
OPEC Fund Wins Award for Co-financing the South Helwan Power Plant
The OPEC Fund for International Development has received the “Abdlatif Y. Al-Hamad Development Award in the…