Africa50, a pan-African infrastructure investor and asset management group, has pledged to commit $100 million to…
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Nigerian Petroleum Ministry Adopts AI in Oil and Gas Sector
The Ministry of Petroleum Resources has revealed that it is adopting Artificial Intelligence (AI) in exploration…
MIGA Secures $50.3M for Nuru’s Solar Grids in DRC
The Multilateral Investment Guarantee Agency (MIGA) issued a $50.3 million guarantee to Congo Energy Solutions (Nuru)…
World Bank Funds Liberia’s Renewable Energy Expansion
The World Bank Group approved a $45 million disbursement for Liberia’s Renewable Energy Solar Power Intervention…
Varberg Energi Partners with OX2 for Offshore Renewable Projects
Varberg Energi has entered a preliminary agreement with OX2 AB to purchase electricity from OX2’s 400-MW…
Doral Renewables Lands $400M Investment from APG
Philadelphia-based Doral Renewables LLC attracted a $400 million (EUR 372.8 million) equity investment from APG, representing…
Why Do Nigerians Experience Better Power Supply from April to October Each Year?
Like clockwork, Nigerians enjoy an improved power supply every year between April and October. This discernible…
Nigeria Allocates ₦21 Billion for Free Prepaid Meters
The Federal Government has approved ₦21 billion for electricity Distribution Companies (DisCos) to supply free prepaid…
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…
Masdar to Purchase EUR 3.2bn Greek Renewables Firm Terna
Masdar, the UAE’s clean energy leader, has announced that it has reached a definitive agreement with…