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…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

Better Energy, Andel to Build 15 Solar Energy Parks in Denmark

Better Energy, a Danish renewables company and Andel, a fibre-optic group, have teamed up on a…

NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

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…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

All On, GEAPP Pledges $15m for Renewable Technology

During COP28, All On and the Global Energy Alliance for People and Planet pledged an additional…

Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund

During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…

Electricity Act May Push Climate, Renewable Agenda –Experts

Industry leaders, executives, and stakeholders in the power sector have said that the Electricity Act 2023…