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Browsing: Energy
BERLIN witnessed a pivotal moment in Nigerian-German relations as both nations inked two significant agreements, signalling a $500 million commitment…
GERMAN Chancellor Olaf Scholz, speaking at a German-African investment summit in Berlin on Monday, emphasised the critical need for enhanced…
GHANA plans to introduce a more flexible oil royalties regime as soon as next year to spur investment and reduce…
NIGERIA is set to withdraw civil claims amounting to $1.1bn against Eni SpA, a notable energy producer, Bloomberg reported on…
IN a groundbreaking move towards a greener and economically efficient future, Tanzania has inaugurated its first ‘Master Gas’ Compressed Natural…
MALAWI will hike fuel and electricity prices effective Friday after the central bank devalued the local currency by about 30…
UGANDA and Tanzania have agreed to carry out a feasibility study for a pipeline linking Tanzania’s gas fields to Uganda,…
A RECENT analysis by Rystad Energy shows that Africa is poised to outstrip Europe in geothermal energy capacity by 2030,…
ITALY will host in late January the summit with African nations it recently decided to postpone in the wake of…
NIGERIA’S state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes…
IN a strategic move to bolster energy collaboration with African nations and address the issue of mass illegal migration, the…
BELGIUM is set to shut the door on rising exports of low-quality gasoline and diesel to West Africa as it…
IN a significant stride towards addressing South Africa’s energy crisis, President Cyril Ramaphosa announced a remarkable surge in the installed…
THE European Union plans to invest 60 million euros ($63 million) in upgrading one of the Uganda’s largest hydropower plants,…
ON Thursday, several areas in Ghana were plunged into darkness as power outages struck due to a decrease in electricity…
THE World Bank approved a $1bn loan for South Africa on Wednesday to help it address an energy crisis that…
IN an effort to address its severe economic crisis and support its energy transition, Ghana is actively seeking to increase…
IN a remarkable turn of events, Nigeria has successfully overturned an astounding $11bn damages bill related to a failed gas…
AFRICA is at the forefront of a global wave of new floating gas facilities as countries on the continent seek…
THE Fund for Export Development in Africa (FEDA), the impact investment subsidiary of Afreximbank, has made a significant announcement regarding…