Nigeria Experiences Blackout as Power Grid Collapses

The national power grid, operated by the Transmission Company of Nigeria (TCN), collapsed again yesterday at about 11:51…

FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023

The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…

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…

PENGASSAN Urges FG to Unbundle Electricity Grid

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…

Kenya Experiences Power Blackout, Transport Minister Calls for Investigation

A power blackout hit Kenya on Sunday evening, affecting most parts of the country. The power outage, which…

Cape Town Lost R83m to Illegal Electricity Connections in 10 Months

In a recent statement released by Cape Town, ongoing illegal electricity connections and vandalism have cost…

Imo in Total Blackout Due to Industrial Action

Imo is in total blackout following the shutdown of electricity supply to the state by the…

Blackstone, Vista Equity Acquire Energy Exemplar in Transition Move

Blackstone and Vista Equity Partners have announced the purchase of Energy Exemplar, a prominent provider of…

World Bank Approves $1bn Loan to End Blackouts in South Africa

The World Bank has approved a $1 billion loan for South Africa to help address its…

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…