NIGERIA: NNPC, Afrexim Bank Sign $1.04 Billion Deal

NNPC clinches oil exploration deal with Afrexim Bank Afrexim Bank to provide $1.4 billion in funding…

Can Nigeria Truly Achieve Net-Zero by 2060?

Following President Muhammadu Buhari’s declaration that Nigeria will achieve a net-zero economy by 2060, there have…

ALGERIA: Algeria to Cut Electricity Subsidies in 2022

Algeria set to cut electricity subsidies Government to strengthen the economy through subsidy cuts In a…

Total Eren, Angolan Authorities to Develop Solar PV Plant in Quilemba

Total Eren and Angolan authorities have set up an SPV to build a solar PV plant…

Movis Ivory Coast Signs Partnership with Biovea Energy to Transport Biomass

Movis has signed a partnership agreement with Biovea Energy for improved electricity generation. The future power…

Lebanon’s Electricity Grid Restored Following Military Intervention

Military supplies fuel to power stations EDL expects fuel shipment this week The Lebanese electricity grid…

NIGERIA: PMS Prices Expected to Hit ₦320/Litre as FG Moves to Remove Subsidy

PMS prices expected to reach ₦320/ltr as FG moves to remove fuel subsidies Stakeholders expect a…

GHANA: Prempeh Working to Suspend Some Fuel Levies

Prempeh hints at suspending fuel levies Plans to cushion the impact of rising oil prices Ghana’s…

KENYA: Presidential Task Force Gives Recommendations on PPAs

President Kenyatta’s task force submits report Gives recommendations for Kenya Power Kenyatta gives a four-month deadline…

Lebanon Fears a Total Blackout by End of September

Lebanon expects a total blackout by the end of September Gas shortages cripple electricity generation Egypt…