The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) have launched a $300 million Nigeria Distributed Renewable Energy (DRE) Fund to expand electricity access and attract …
Energy Sector
- EnergyEnergy SectorPower & Energy,Renewable Energy
- EnergyEnergy SectorPower & Energy,Renewable Energy
NSIA Launches $300 Million Renewable Energy Fund to Expand Power Access
The Nigeria Sovereign Investment Authority (NSIA) has launched a $300 million Nigeria Distributed Renewable Energy (DRE) Fund to accelerate private-sector investment in renewable energy and improve electricity access for underserved …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
UK oil giants BP tap into Africa’s next major oil hotspot with new exploration licenses
Fresh moves by global energy giants are reinforcing Southern Africa’s growing reputation as the continent’s next major oil frontier, with BP securing new exploration interests offshore Namibia. Industry sources indicate …
- AfricaAFRICA NEWSBusiness PoliciesEnergy Sector
New funding transforms lives by expanding electricity access across Africa
Long before sunrise in the tightly packed alleys of Mathare, one of Nairobi’s well-known informal settlements, a single bulb glowing from a tin-roofed home signals the beginning of Agnes Mbesa’s …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Rationing power and diluting petrol – how African countries are coping with effects of Iran war
Countries across Africa are rolling out emergency measures, from diluting petrol to rationing electricity, as the continent grapples with a deepening fuel crisis triggered by the US and Israel conflict …
- AfricaAFRICA NEWSEnergyEnergy SectorPower & Energy,
Africa is rising. Its power infrastructure must rise with it
Africa’s economic outlook is sharpening with renewed confidence, as fresh projections point to a continent firmly on the rise. Growth is expected to reach 4.3% in 2026—outpacing many advanced economies—while …
A war thousands of kilometres away is about to hit African wallets again. Within hours of US-led airstrikes on Iran on 28 February, Brent crude jumped from $67 to above …
- EnergyEnergy SectorLagos NewsNewsOil & Gas
Dangote Refinery Hits 650,000 bpd as CDU, PMS Units Reach Full Capacity
Dangote Petroleum Refinery has announced that it has reached a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit, CDU, and Motor Spirit, MS, production …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Petrobras returns to Africa with offshore oil stake in Namibia
Brazil’s state-owned oil company, Petrobras, has marked a strategic return to the African oil and gas sector with the acquisition of a 42.5 per cent stake in an offshore oil …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Shell Begins Turnaround Maintenance on Bonga FPSO, Output to Be Impacted
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a major turnaround maintenance programme on the Bonga Floating Production Storage and Offloading (FPSO) vessel, a development expected to temporarily …