IFC Invests $20m in Africa50 for Sustainable Infrastructure

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

Trexm Oil and Gas Explores Other Energy Sector Businesses

Trexm Oil and Gas Services Nigeria Limited says it is exploring other business opportunities in the…

Facts About Geothermal Energy

Geothermal energy is renewable energy produced from the earth’s core. It comes from heat generated during…

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…

NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

UNIDO, NASENI Collaborate to Boost Energy and Industry Sectors

The United Nations Industrial Development Organization (UNIDO) and the National Agency for Science and Engineering Infrastructure…

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…