Acwa Power Raises $746m Via Sukuk Bond Issuance

Acwa Power has raised $746 million through a 7-year Sukuk or Islamic bond issuance. The funds…

NIGERIA: Delay of PIB Costs $15 Billion in Investment Losses Annually

Failure to pass PIB costs $15 billion in investment losses Delay of PIB sparks uncertainty in…

Proparco and EAIF Provides €165m for 46MW Biomass Power Plant in Ivory Coast

Biovea Energie intends to develop a biomass power plant in the southeastern part of the Ivory…

NIGERIA: Nigeria Must Remain Competitive – Total Boss

Nigeria must remain competitive, says Sangster Government must work with stakeholders in the international market At…

LIBYA: ENKA Begins Structural Works on Tripoli Power Station

The Turkish energy company ENKA has announced that it has begun structural works on the Tripoli…

U.S. to Develop Offshore Wind in the Gulf of Mexico

The Department of the Interior wants to deploy offshore wind turbines in the Gulf of Mexico.…

Uzbekistan Moves to Reform Energy Sector

Representatives from the Ministry of Energy, Uzbekistan, held a round-table discussion with international development institutions such…

Solar, Wind Make Up 93.8% of New U.S. Generation Capacity for Q1 2021

Wind and solar resources provided 93.84% of new generating capacity added in the US in the…

GHANA: Exxon to Relinquish 80% Stake in Offshore Block

Exxon relinquishes its 80% stake Exxon owns an 80% stake in Cape Three Points Offshore The…

TANZANIA: Energy Minister Requests 8% Budgetary Increase

Energy Minister requests an increase in budgetary allocation Seeks an 8% increase to finance development projects…