A recent analysis of global electricity revealed that wind and solar showed resilient growth in 2020 despite the pandemic, forcing a record fall in global coal power. The Global Electricity …
Energy
Vertiv Liebert EXM2 delivers industry-leading performance, reliability and efficiency Vertiv a global provider of critical digital infrastructure and continuity solutions, today introduces Vertiv Liebert EXM2 a three-phase monolithic uninterruptible power …
Last week, the Central Bank of Nigeria disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria. …
- Business PoliciesEnergyWestern Africa
IFC to provide $20 million debt finance to Nigerian off-grid power firm
The International Finance Corporation (IFC) has announced its plans to provide $20 million to Nigerian off-grid power service providers. According to Daybreak Power Solutions, a subsidiary of Daystar Power Group, …
The federal government of Nigeria has refuted the recent report from the World Bank, saying that over 78% of Nigerian electricity consumers access less than 12 hours of supply as …
- Business PoliciesEnergyWestern Africa
Mauritius Commercial Bank provides USD 60m funding to fuel Senegal’s national electrification rate
The project finance will enable Karpowership, a Turkish company to provide reliable, economical and green electricity to Senegal MCB is facilitating Senegal’s endeavour to improve its national electrification rate through …
- EnergyFEATURED NEWSWestern Africa
Nigeria businesses lose $29bn annually to poor electricity – World Bank
A recent report by the World Bank stated that businesses in Nigeria lose approximately $29bn annually as a result of the country’s unreliable power supply. It was observed that lack …
- AfricaBusiness PoliciesOil & GasSouthern Africa
Africa Oil & Power rebrands into Energy Capital & Power
Africa Oil & Power (AOP) is excited to announce that it is evolving into Energy Capital & Power (ECP) to reflect the company’s growth into an integrated investment partner to …
- EnergyMooveOil & Gas
Total Nigeria Plc Partners Moove Africa to Improve Drivers’ Welfare and Productivity
Total Nigeria Plc and Moove Africa have signed a Memorandum of Understanding in a partnership collaboration that will significantly improve the productivity and welfare of drivers of Moove vehicles. The …
The City of Cape Town (CoCT) has opened its second public electric vehicle (EV) charging station and its situated in the parking area of the Somerset West Civic Centre. “E-mobility …