CIP Delivers First Power at Zhong Neng Offshore Wind in Taiwan

Zhong Neng, a 300 MW offshore wind project off the coast of Changhua County in Taiwan,…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

Angola to Implement Electricity Project by a Chinese company

The Angolan Ministry of Energy and Water, headed by João Baptista Borges, has promised to implement…

TenneT Relaxes Sale of German Grid Operations

TenneT, a Dutch state-owned grid company, said it had ended talks to sell its German business…

CAAS EV Launches Fast DC EV Chargers in Abuja, Nigeria

CAAS EV recently set up its first fast DC electric vehicle (EV) chargers in Abuja, Nigeria.…

World Bank Supports Guinea-Bissau’s Solar Power Expansion

The World Bank announced significant financial backing for Guinea-Bissau’s pioneering solar power initiative to reduce carbon…

AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan

In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…

Value Addition is Key in Agric, Climate Change Adaptation – Makhtar Diop, IFC MD

The International Finance Corporation (IFC) Managing Director Makhtar Diop, currently on a three-day visit to Nigeria,…

South Korea Commits Billions in Aid and Investment for Africa

President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…

The NASENI CNG Conversion Center in Abuja Can Convert 2,700 Cars in One Month

On Friday, May 31, 2024, President Bola Ahmed Tinubu, represented by Senate President Chief Godswill Akpabio,…