NIGERIA: Uncertainty on IBEDC Ownership as AMCON Allegedly Cancels Take Over

AMCON takes over core investor’s assets IEDM defaulted on the loan facility Several indications have emerged…

NIGERIA: AMCON Takes Over Assets of IBEDC Core Investor

  AMCON appoints itself receiver/manager of IBEDC assets To assume the liabilities of IBEDC IEDM defaulted…

All On and Infibranches Sign $2m Investment Deal

All On and Infibranches Sign a $2m Investment Deal to Drive Growth in the Nigerian Renewable…

AfDB Covid-19 Off-Grid Recovery Platform Reaches Financial Close

The African Development Bank has reached a financial close on financing agreements for a $20 million…

Nigeria’s Power Grid Has Collapsed 11 Times in 2024

Nigeria’s power grid suffers from frequent blackouts, poor investments, and weak infrastructure. In 2024, the national…

Kyabazinga’s 15 Demands Ahead of Nuclear Plant Construction

The Kyabazinga of Busoga, William Gabula Nadiope, has presented 15 key demands to the government of…

ONEOK Sells Pipelines to DT Midstream for $1.2B

ONEOK, Inc., a key player in North American energy infrastructure, sold three interstate natural gas pipelines…

NERC: DisCos Must Replace Faulty Meters

The Nigerian Electricity Regulatory Commission (NERC) has issued a warning to electricity consumers, advising them against…

Omale Announces New Electricity Bill in Benue State

At a recent press briefing in Makurdi, the Benue State Commissioner for Transport, Renewable Energy, and…

Hydrexia and WEDSB Join Forces for Malaysia’s Hydrogen Future

Hydrexia and WEDSB join forces to accelerate hydrogen development in Malaysia with an ambitious plan supported…