FGN Power Company Signs $118M Power Distribution Deal with Power China, and Elsewedy

The FGN Power Company (FGNPC) has signed a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract…

TCN Clarifies on Benin-Egbin 330kV Line Incident

The Transmission Company of Nigeria (TCN) has moved to dispel misinformation regarding an incident involving the…

Daily-Need Group Nigeria Cuts Cost with New Gas Plant

Daily-Need Group has announced a strategic shift to gas power to address rising electricity tariffs and…

AEDC Upgrades 26 Feeders to Band A Tariff, Enhancing Electricity Services

Abuja Electricity Distribution Company (AEDC) has significantly improved electricity services in critical areas of its operation…

FRV Secures AUD 1.2 Billion for Australian Solar Projects

Global renewables developer Fotowatio Renewable Ventures (FRV) has closed an AUD 1.2 billion (USD 784 million/EUR…

BII Invests £725 Million in Africa for 2023

In a challenging year marked by global economic instability and climate crises, British International Investment (BII)…

SEC Calls for Increased Green Finance Adoption in Nigeria

Dr Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has called for stakeholders…

Egypt and Saudi Arabia to Operate Power Linkage Project by 2025

Egypt and Saudi Arabia have agreed to take the necessary steps to begin operating the power…

Egypt’s Natural Gas Production at Lowest Level in 6 Years – JODI

Data from the Joint Organizations Data Initiative (JODI) indicated that Egypt’s oil production significantly declined from…

From January to June 2024: Kaduna Electric Six-Month Turnaround

On July 12, 2024, the Nigerian Electricity Regulatory Commission (NERC) concluded its regulatory intervention in Kaduna…