South Korea Commits Billions in Aid and Investment for Africa

President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…

ADNOC L&S Sets Sail with $1.04 Billion Navig8 Deal

On Monday, June 3, 2024, Abdulkareem Al Masabi, the Chief Executive Officer of ADNOC Logistics &…

Tinubu Appoints InfraCorp to Develop Evergreen City

President Bola Tinubu has designated the Infrastructure Corporation of Nigeria (InfraCorp) to develop Evergreen City, a…

One Megawatt of Electricity Generation Capacity Costs Between $500K and $1.5 Million – Dafe Akpeneye, NERC Commissioner

Dafe Akpeneye, the Commissioner overseeing Legal, Licensing, and Compliance at the Nigerian Electricity Regulatory Commission (NERC),…

Red Rocket Secures the 275 MWp Virginia Solar Park

Red Rocket has secured the 275 MWp Virginia Solar Park, marking a significant achievement for the…

Romco Secures N1.1 Billion for Growth and Green Innovation

On Monday, April 8, 2024, metal recycling company Romco announced a significant stride in its ongoing…

UTM Offshore to Showcase Nigeria’s FLNG at IAE in Paris

UTM Offshore is set to showcase Nigeria’s Floating Liquefied Natural Gas (FLNG) at the upcoming Invest…

Shell Relaxes Carbon Emissions Target

British energy giant Shell has relaxed its target of reducing the intensity of its overall carbon…

Arnergy Secures $3m Funding to Enhance Solar in Nigeria

Arnergy, a distributed renewable energy solutions provider, has secured $3 million additional funding to enhance solar…

Kenya Power’s Debt to Ormat Hits $30.6m

The amount of cash owed by Kenya Power and Lighting Company (KPLC) to US energy firm…