Nigeria Accounts for 60% of $30bn Funding from Afreximbank

Nigeria, one of the primary beneficiaries of the African Export-Import Bank (Afreximbank), accounts for 60 per…

House of Reps Launch Investigation Into National Grid Collapses

Nigeria’s House of Representatives has taken a decisive step to address the recurrent collapse of the…

Arnergy, MEMMCOL Launch 540KWh Lithium BESS in Abuja

Arnergy, an indigenous renewable energy firm has partnered with Momas Electricity Meters Manufacturing Company Limited (MEMMCOL),…

Developer Secures EUR 11 Million for Solar Project in Brandenburg

An undisclosed developer secures mezzanine financing from a multi-investor debt fund managed by Prime Capital AG.…

Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt

Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Mobile Power Partners with Hinckley to Tackle African E-waste

Mobile Power, a British firm specialising in African electric battery rentals, partners with Hinckley E-waste Recycling…

AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply

On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…

Impact of Climate Change on Man 

Climate change is a result of the long-term alteration of the earth’s climate system, driven by…