NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…

As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA

In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…

Fuel Prices Fall in Tanzania

The Energy and Water Utilities Regulatory Authorities (Ewura) have announced a decrease in the price of…

Exxon Set to Exit Equatorial Guinea

Exxon has announced that the firm is leaving Equatorial Guinea before the end of Q2/2024 after…

Kenya Electricity Bills to Drop Due to Forex Adjustment

Following Kenya‘s significant foreign currency exchange payments in January, the cost of power in the country…

NNPC Seeks Partnership with South Korea for LNG Export

The Nigerian National Petroleum Co. Ltd. (NNPC) targets a partnership with a South Korean consortium toward a…

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…

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…

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)…

Kenya Doubles Electricity Imports from Ethiopia, Uganda

Despite increased demand, Kenya has exceeded double its electricity imports from neighbouring countries. The Kenya National…