Kenya Power and Lighting Company (KPLC) has reported a sharp 18.7 per cent decline in its net profit for the financial year ended June 2025, falling to KSh 24.47 billion …
ELECTRICITY
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Corporate EarningsEastern AfricaELECTRICITYEnergyFinanceInfrastructure
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ELECTRICITYInnovationManufacturing & Consumer GoodsSustainabilityTechnology
LG Electronics wins big at IFA 2025, bags 17 innovation awards including ‘Best of IFA’
LG Electronics has emerged as the biggest winner at the maiden edition of the IFA 2025 Innovation Awards, claiming an impressive 17 honours, including the prestigious Best of IFA title. …
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The Nigerian Electricity Management Services Agency (NEMSA) and the Nigerian Independent System Operator (NISO) have launched a joint plan to boost safety, enforce technical standards, and improve electricity metering across …
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Eastern AfricaEconomyELECTRICITYEnergyGOVERNMENT
Kenyans Pay More as IPPs Sell Costlier Electricity Than KenGen
Electricity users in Kenya are facing the burden of inflated power prices due to expensive contracts signed between Kenya Power and Independent Power Producers (IPPs), even though the private producers …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
States Move to Slash Electricity Tariffs Despite Gencos,
More Nigerian states have joined Enugu State in announcing plans to reduce electricity tariffs within their territories following the new order issued by the Enugu Electricity Regulatory Commission (EERC) that …
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ELECTRICITYEnvironmentInfrastructureNigeria
Storm Damages IBEDC Infrastructure, 40 Ibadan Communities
About 40 communities in Ibadan, Oyo State, have been thrown into darkness after a windstorm destroyed major electricity infrastructure belonging to the Ibadan Electricity Distribution Company (IBEDC). This marks the …
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The Nigerian Electricity Regulatory Commission (NERC) has said that electricity consumers across Nigeria submitted over 4,000 complaints to the Commission in the first quarter of 2025, with less than 40 …
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EconomyELECTRICITYEnergyGOVERNMENTNigeria
Silence from FG Worsens GenCos’ Frustration as N4.7tn Power Debt Remains Unpaid
Despite promises from the Ministry of Power that President Bola Ahmed Tinubu would meet with electricity generation companies over the N4.7 trillion debt owed to them, nearly two months have …
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EgyptELECTRICITYEnergySecurity
Egypt Boosts Gas Supply to Keep Electricity Flow Amid Regional Tensions
The Prime Minister of Egypt, Mostafa Madbouly, has announced that the Egyptian government is making strong efforts to make sure there is enough energy, especially natural gas, to keep power …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructureNigeriaOil & Gas
Gas Producers Urge FG to Clear N2.7tn Legacy Debt,
Gas-producing companies in Nigeria have renewed calls for the Federal Government to urgently address the N2.7 trillion legacy debt owed to them for gas supplied to electricity generation companies (GenCos). …