Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…
Search Results for: infrastructure development
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…
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…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
Will Nigerians be Free from Energy Poverty?
Nigeria, Africa’s giant, has abundant resources with a promising potential for a thriving economy; however, it…
NCDMB Invests N46.8bn in 11 Oil and Gas Firms in 2020/2021
A new report recently released by the Nigerian Extractives Industries Transparency Initiative (NEITI) has shown that the…
Nigeria Signs MoU with Saudi to Improve Energy Sector
Saudi Arabia has signed a Memorandum of Understanding with Nigeria on energy-related cooperation. According to Reuters, Saudi…
Indonesia’s President Inaugurates a 192MW Floating Solar Power Plant
Indonesia’s President, Joko Widodo, has inaugurated a 192-megawatt peak (MWp) floating solar power plant on a…
Masters Energy Begins $500m Gas Project
In a bid to drive Nigeria’s gas development plan, Masters Energy Oil and Gas Limited has…
Climate Change Costs Nigeria $100bn Annually –Report
A new report has disclosed that as of 2020, Nigeria lost at least $100 billion annually…