Uganda’s Parliament has approved a US$121.96 million loan from the African Development Fund to finance its…
Tag: Energy Policy
FG Tightens Rules for DisCos, Launches N4trn Power Recovery Plan
Nigeria’s power sector reform is entering a decisive phase with a new financial rule for electricity…
Nigeria to Enforce Minimum Capital Requirement for DisCos 2028 Licence Renewal
The Federal Government of Nigeria will soon enforce a Minimum Capital Requirement for DisCos as part…
FG Moves to Clear GenCos’ Debts, Strengthen Power Stability
The Federal Government has created a committee to resolve GenCos’ outstanding debts and secure long-term financial…
Renaissance Capital Backs Nigeria’s $29.3bn Gas Transition Plan
Renaissance Capital has stated that Nigeria must raise about $29.3 billion to fund its gas transition.…
Nigeria, LONGi Forge Game-Changing Solar Deal
Nigeria has sealed a major solar partnership with LONGi, the world’s largest solar panel producer. The…
NUPRC Rejects Plan for New Oilfield Decommissioning Agency
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected the proposed bill to establish the National…
India to Become World’s Second-Largest Renewables Market by 2030
India’s renewable energy growth is accelerating at an impressive rate. Consequently, the country is set to…
OPEC-Africa Roundtable to Shape Africa’s Energy Future
At African Energy Week (AEW) 2025 in Cape Town, ministers, policymakers, and industry leaders will join…
Nigerian Industries Exit Grid Amid Power Crisis
Unreliable power supply has forced over 40 per cent of Nigerian industries off the national grid.…