Nigeria to Fund Energy Transition with Revenue from Fossil Fuels

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…

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…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

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…

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…

Tinubu to Attend Energy Summit Next Month

President Bola Tinubu will join other stakeholders in Abuja to discuss the new world order for…

Sterling Powers its Headquarters with Solar Energy

Yesterday, Sterling Bank announced that the iconic Sterling Towers in Lagos now operate on an advanced…

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…

All On, GEAPP Pledges $15m for Renewable Technology

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

Omatseye Questions Nigeria’s Energy Transition Excluding Communities

The Olujimi of Warri, Chief Mrs Ebiyemi Omatseye, has questioned moves for Nigeria’s energy transition excluding…