Beeah Group Clinches Sustainability Award at the 11th International Finance Awards

Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…

Ørsted to Acquire 50% Share of Sunrise Wind in New York

Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 per cent share of Sunrise…

Morocco and Nigeria Plans African-Atlantic Gas Pipeline Project

Morocco and Nigeria have reopened discussions for the African-Atlantic Gas pipeline project. This is part of…

Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA

A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…

British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

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

UAE’s ADNOC to Allocate $23bn for Decarbonisation

UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…

UAE Supports AMEA Power’s Expansion into Mozambique

Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…

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…

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…