The African Development Bank (AfDB) has joined forces with PowerGen Renewable Energy and other international investors…
Tag: Africa
World Bank and AfDB Set Terms for $40 Billion to Tackle Africa’s Electricity Crisis
The World Bank and the African Development Bank (AfDB) have outlined the conditions African nations must…
NNPCL is the Only Nigerian Company That Publishes Annual Financial Accounts – GCEO Kyari
The Nigerian National Petroleum Company Limited (NNPCL) has declared itself as the only company in Nigeria…
Cameroon Secures $15M Deal for NJOM-3 Offshore Oil Development
Cameroon finalised a $15 million partnership to develop the NJOM-3 well, a key project in the…
NERC Completes Transfer of Electricity Regulatory Oversight to Four States
The Nigerian Electricity Regulatory Commission (NERC) has successfully transferred regulatory oversight to four states, marking a…
Power Minister: TCN needs about N2.8 Trillion to execute 149 projects
Nigeria’s Minister of Power, Chief Adebayo Adelabu, has revealed that the Transmission Company of Nigeria (TCN)…
APRA Initiative Set to Boost Africa’s Renewable Energy Investment
Abu Dhabi, Kandeh Yumkella, Chairman Presidential Initiative on Climate Change, Renewable Energy and Food Security, Sierra…
UAE Firm Expands Presence in Africa with Key Role in Senegal’s Electrification Project
Ducab Group, a leading UAE-based manufacturer and end-to-end solutions provider, has enhanced its African presence by…
ACF Unveils Report on Scaling Insurance for Climate Resilience in Africa
The African Climate Foundation (ACF), in collaboration with Krutham and with input from a range of…
Nigeria’s December 2024 Oil Production Falls Short of OPEC Quota
Nigeria’s daily average oil production in December 2024 reached 1.667 million barrels per day (mbpd), marking…