Trexm Oil and Gas Services Nigeria Limited says it is exploring other business opportunities in the…
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Puma Energy Acquires 49% Stake in Renewable Energy Firm
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
EU Approves €140m for Green Hydrogen, Biomethane Production
In line with the Green Deal Industrial Plan, the European Commission has approved a €140 million…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…
Shell Pledges $6bn for Bonga Oil Field Project
President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…
COP28: Nigeria Signs MoU for 1GW Solar Plant
Nigeria has signed a memorandum of understanding to launch a 1GW Solar PV Manufacturing plant. This…
AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…