British International Investment (BII), the United Kingdom government’s development finance institution, plans to invest about $1…
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FG Pledges to Improve Power Sector for Manufacturers
The Federal Government has reiterated plans to improve the power sector. This improvement involves cutting down…
NMDPRA to Construct 500MT LPG in Abuja
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted Noretek Energy approval to construct…
Guyana Offers ExxonMobil More Investment Than Nigeria
Guyana-Suriname Basin, an Atlantic-margin basin in South America, is offering ExxonMobil Corp. better terms than Nigeria.…
FG to Generate 20,000MW of Electricity in Three Years
Minister of Power, Adebayo Adelabu, has pledged on behalf of the federal government to generate 20,000MW…
AfDB to Support Eritrea’s Blue Economy
The African Development Bank (AfDB) has pledged to support the Eritrean government in developing its blue…
OIA Invests in Electric Vehicle Battery Company
Oman Investment Authority (OIA) has invested an undisclosed amount in US-based Our Next Energy (ONE), a…
UAE to Offset Carbon Credits in Africa
The United Arab Emirates is committing hundreds of millions of dollars to offset carbon credits on…
2030: Renewables to Supply Over a third of Global Electricity
A new report by the Rocky Mountain Institute (RMI) has shown that renewables (wind and solar)…
Is Green Hydrogen the way to go?
The world is going green and leaning towards clean, renewable and sustainable energy sources to create…