NIGERIA: FG Disagrees with World Bank on Power Sector Report

FG rejected findings of the report Says energy sent to DisCos has been on a steady…

MIGA Issues Investment Guarantees for Bboxx Operations in Africa

MIGA has issued guarantees worth $37.1m for the African Infrastructure Investment Fund 3 (AIIF3) and the…

UKEF Increases Support for Sustainable Projects to £2.4 billion in 2020

The UKEF supported sustainable projects to the tune of £2.4 billion last year. £27 million for…

BBE to Acquire Solarcentury Africa’s Assets

B.B. Energy (BBE) has announced the acquisition of Solarcentury Africa. Solarcentury currently has a total installed…

The Recent Power Outages: What you need to know

If you are connected to the Nigerian Electricity grid, it is almost certain that you have…

Game Changer – Electricity Generation

Over the years, electricity generation in Nigeria has relied on natural gas as the major source…

Drilling Set to Begin at Ethiopian Geothermal Site

Ethiopian Electric Power (EEP) has announced that drilling will commence later this month at the Aluto…

World Bank Approves $500m Loan for Electrification in Ethiopia

The World Bank has approved a $500 million loan to the government of Ethiopia. The funds…

The Electricity Ponzi Scheme

Ponzi schemes are known to take people’s investments, be it in hope or finances or, as…

Global Wind Deployments Must Triple to To Achieve Net Zero

According to the GWEC, the installation of new wind power must triple over the next ten…