The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…
Search Results for: energy market
SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs
SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…
FG Permits DisCos to Purchase Electricity Directly from GenCos
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…
Heirs Energies Increases Daily Oil Production to 40,000bpd
Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…
Northvolt Plans to Source Cobalt from Congo for EV Batteries
Swedish battery maker, Northvolt, said today it is looking to source cobalt, used to make chemicals…
Eranove Secures a Two-year Contract to Manage SBEE in Benin
Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…
Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility
The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
Ogunbiyi Presents E-mobility Plans for NorthEast
United Nations’ special representative for sustainable energy, Damilola Ogunbiyi, has highlighted plans for e-mobility deployment in…
TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt
The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…