IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

FG Inaugurates Optimera Energy’s Gas Infrastructure in Lagos

Yesterday, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo and the Special Adviser…

Ugandan Government to Stop Paying for Unused Electricity

The Ugandan government has announced it will discontinue payments for deemed power as the Achwa and…

Uganda Yet to Determine Power Tariff — KIS

Ugandan power supplier, Kalangala Infrastructure Services (KIS) has revealed that the government has not determined the…

NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

UNIDO, NASENI Collaborate to Boost Energy and Industry Sectors

The United Nations Industrial Development Organization (UNIDO) and the National Agency for Science and Engineering Infrastructure…

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…

Adani Green Energy Secures $1.36bn Loan for Renewable Energy Park

India’s Adani Green Energy Ltd (AGEL), a global leader in renewable energy, has secured a significant…