Nigeria Accounts for 60% of $30bn Funding from Afreximbank

Nigeria, one of the primary beneficiaries of the African Export-Import Bank (Afreximbank), accounts for 60 per…

House of Reps Launch Investigation Into National Grid Collapses

Nigeria’s House of Representatives has taken a decisive step to address the recurrent collapse of the…

Arnergy, MEMMCOL Launch 540KWh Lithium BESS in Abuja

Arnergy, an indigenous renewable energy firm has partnered with Momas Electricity Meters Manufacturing Company Limited (MEMMCOL),…

World Bank to Power 200,000 MSMEs in Nigeria by 2030

The World Bank has revealed plans to power over 200,000 micro, small, and medium-sized enterprises (MSMEs)…

Casa dos Ventos Plans to Invest R$12 Billion on Renewables by 2026

Casa dos Ventos, a Brazilian renewable energy developer, has made public that it will invest over…

Greece’s Electricity Connection to Europe May Generate €17.5bn – Report

A recent study by KPMG has shown that Greece could generate billions of euros for its…

Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt

Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

Dangote Refinery Plans to Export First Fuel Cargo

Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from…