Eranove Secures a Two-year Contract to Manage SBEE in Benin

Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…

IFC Invests $80m in African Renewable Energy Boost

The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…

Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria

British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…

Shell to Sell its Onshore Subsidiary in Nigeria for $2.4bn

After nearly a century of operations, Shell has agreed to sell its Nigerian onshore oil and…

Egypt to Set Up Green Data Centre

Egypt is preparing to establish a green data centre project. This project would harness about 200…

Facts About Geothermal Energy

Geothermal energy is renewable energy produced from the earth’s core. It comes from heat generated during…

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…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

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…