The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…
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World Bank Projects 216m Displacement by 2050 Due to Climate Change
The World Bank projects 216 million people, mainly in sub-Saharan Africa, will move by 2050 due…
Circular Economy in Africa: A Paradigm Shift in Energy Consumption
Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…
Nigeria to Fund Energy Transition with Revenue from Fossil Fuels
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
Developing Countries May Not Get More Climate Investment –World Bank
The newly released World Bank ‘Global Economic Prospects’ report has projected that global growth will be…
Kenya Power Grew Electricity Sales in 2023
Kenya Power and Lighting Company registered a growth in electricity sales. However, the utility firm reported…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…
Shell Pledges $6bn for Bonga Oil Field Project
President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…