Nigeria’s power sector faces numerous challenges, from inadequate generation capacity and unreliable distribution infrastructure. Despite being rich in natural…
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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…
World Bank Loans Ethiopia $1.72 Billion
The World Bank and Ethiopia have signed loan agreements totalling $1.72 billion to enhance electricity and…
Dangote Refinery Supplies Diesel, Aviation Fuel
Dangote oil refinery began supplying the Nigerian domestic market with petroleum products such as diesel and…
IKEA Foundation Donates $100 Million Grant for EV
The Drive Electric Campaign, a global initiative to accelerate electric vehicle uptake, has received a $100…
Kenya Vehicle Manufacturers Secures $3m from CFAO for EV Expansion
Kenya Vehicle Manufacturers have secured $3 million in equity funding from CFAO Group to expand the assembly…
Kenya to Permit Private Firms to Import Power
Kenya has disclosed plans to allow private firms in the electricity distribution market to import power…
Husk Power Secures $20 Million From EIB to Expand Operations in Nigeria
On Thursday, March 28, 2024, Husk Power Systems announced $20 million in debt financing from the…
India Amends Solar PV Modules Order
The Government of India has announced a pivotal amendment to the Approved Models and Manufacturers of…
NNPC to Take Investment Decision on Nigeria-Morocco Gas Pipeline in December
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele…