Candi Solar Raises $38M to Expand in India, South Africa

Candi Solar, a solar energy provider based in Zürich, has secured $38 million (EUR 35.2 million).…

Value Addition is Key in Agric, Climate Change Adaptation – Makhtar Diop, IFC MD

The International Finance Corporation (IFC) Managing Director Makhtar Diop, currently on a three-day visit to Nigeria,…

AfDB SEFA Grants Ethiopia DREAM $8m for Solar Minigrids

The African Development Bank Group (AfDB) has awarded the Ethiopia Distributed Renewable Energy and Agriculture Modalities…

The Egyptian Government Plans 25% Gas Tariff Hike in July

According to two anonymous energy sector sources, the Egyptian government plans to raise tariffs for gas…

South Korea Commits Billions in Aid and Investment for Africa

President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…

Kiambu to Cut Electricity Bills with Solar Streetlights

The Kiambu government has disclosed that it will begin the installation of solar streetlights to cut…

Gas Minister, Ekpo Commissions 5.2 mmscfd CNG Plant in Isolo, Lagos

On Thursday, May 30, Nigeria’s Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, commissioned a 5.2 million…

Major Pacts Signed at EAIF 2024

Last week, from May 21-23, the Alliance for Rural Electrification (ARE) hosted the Energy Access Investment…

IFC Launches $4 Billion Fund for Climate, Agric Businesses in Emerging Markets

The World Bank’s private finance arm, the International Finance Corporation (IFC), launched a $4 billion program…

Tony Elumelu Calls Out N2 Trillion Power Sector Debt, Demands Swift Government Action

At the 18th Annual General Meeting (AGM) of Transcorp Plc held in Abuja, the Chairman, Mr…