The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…
Search Results for: energy sector
Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders
Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…
Credit Agricole to Halt New Fossil Fuel Project Financing
Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
PENGASSAN Urges FG to Unbundle Electricity Grid
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…
Adelabu Advocates for Gas Pricing in Naira
The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Nigeria Signs MoU for 1GW Solar Plant
Nigeria has signed a memorandum of understanding to launch a 1GW Solar PV Manufacturing plant. This…
Electricity Act May Push Climate, Renewable Agenda –Experts
Industry leaders, executives, and stakeholders in the power sector have said that the Electricity Act 2023…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…