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,…

Mozambique’s Natural Gas May Generate $100bn

Mozambique’s natural gas reserves may generate $100 billion, signalling the nation’s pivotal role in the energy…

Nigeria’s 2024 Electricity Act Amendment Allocates 5% of GenCos OPEX for Host Communities

President Bola Ahmed Tinubu has signed the 2024 Electricity Act (Amendment) Bill into law. The law…

Electricity Consumers Rise to 11.71m in Q3 2023 –NBS

The number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of…

Electricity Act May Push Climate, Renewable Agenda –Experts

Industry leaders, executives, and stakeholders in the power sector have said that the Electricity Act 2023…

Dutch Wind Farm Generates First Power

Swedish utility Vattenfall AB and Dutch SwifterwinT have generated the first power from a 132MW wind…

Enugu to Generate 690MW, 20-hour Power Supply by 2030

Enugu State government has unveiled a transition plan to generate over 690 megawatts of electricity and…

Nigeria Paid N135 Billion in Electricity Subsidy in Q2 2023

The Federal Government said it paid N135.2 billion for electricity subsidy in the second quarter of…

Finland Achieves Almost Net-zero in Electricity Production

According to the September monthly statistics released by the Finnish Energy Industry Association (Energiateollisuus ry), Finland’s…

Nigeria Needs Investments for 195,400MW of Electricity–Mojec Boss

The Group Managing Director, Mojec International Limited, Chantelle Abdul, said that Nigeria needs investments in the…