Temile Commissions LPG Carrier Supported by Fidelity Bank

Temile Development Company Ltd, an indigenous oil and gas player, recently commissioned a 23,000 cubic meters…

JOGMEC to Secure Critical Minerals for EV Batteries and Battery Storage in Japan

The Japan Organization for Metals and Energy Security (JOGMEC) has said it will help Japan secure…

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…

Kumasi’s 4.3MW Solar Plant Powers Green Steel in Ghana

Kumasi’s largest rooftop solar power plant, with a 4.3 MW capacity, is now operational. It supplies…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

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

Kenya Doubles Electricity Imports from Ethiopia, Uganda

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

Critical Mineral Acquires 26 Exploration Permits from Morocco

Critical Mineral Resources has acquired 26 exploration permits prospective for copper, antimony, tungsten, lead/zinc and gold in central Morocco. The company has acquired…

U.S Proposes Methane Emissions Fee for Oil and Gas Giants

The U.S. has proposed a methane emissions fee on major oil and gas producers following the…

Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of 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…