The Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has reported stronger-than-expected earnings for the second quarter of 2025, driven by increased trading activity during a volatile …
Energy
- EnergyFinance & ServicesInternational Trade
City Power in Johannesburg has started a serious operation to remove illegal electricity connections and disconnect people who do not pay their bills. This move, according to officials, is to …
- China-Africa RelationsDebt Management,EconomyFinance & ServicesInfrastructureOil & Gas
Angola Moves to Cut Oil-Backed Debt to China by 2025
Angola is making strong progress in reducing its oil-backed debt to China, with government officials saying the total could drop to between $7.5 billion and $8 billion by the end …
- DiplomacyEconomyEnergyGlobal NewsInternational TradePolitics
EU, US Seal $750bn Energy Deal Amid Russia-Ukraine War
The European Union (EU) has signed a major energy trade agreement with the United States, committing to buy $750 billion worth of hydrocarbons over the next three years. The agreement, …
- EnergyEnvironmentInnovationTechnologyTransportation & Logisitics
Caverton Naval Architect Wins Global Award for Electric Waterway
A young Nigerian naval architect, David Okafor, has made the country proud by winning a major international paper competition organised by the Society of Naval Architects and Marine Engineers (SNAME), …
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 …
- EconomyEnergyInfrastructureInternational DevelopmentNewsSouth Africa
AfDB, South Africa Sign $474m Energy Transition Loan Deal
The South African government has signed a fresh loan agreement worth US$474.6 million with the African Development Bank (AfDB) to support its ongoing Just Energy Transition (JET) programme. This new …
- AFRICA NEWSDevelopmentEnergyInfrastructureSmall BusinessWorld Bank Projects
Malawi’s MEAP Project Lights Up Homes, Boosts Small Businesses
The Malawi Electricity Access Project (MEAP), which is being run by the Electricity Supply Corporation of Malawi (ESCOM) with financial support from the World Bank, is bringing a major change …
- DevelopmentEastern AfricaEnergyGOVERNMENTInfrastructureKenyaMarkets
KPC Set for NSE Listing as Kenya Pushes Privatisation Agenda
The Kenya Pipeline Company (KPC) is set to list on the Nairobi Securities Exchange (NSE) in September 2025, marking a major shift in the country’s privatisation efforts and energy sector. …
- EconomyEducationEnergyGOVERNMENTInfrastructurePolicies
Nigeria Unveils National Occupational Standards for Gas and Electric Vehicles as CNG Fleet Rises
The National Automotive Design and Development Council (NADDC) has introduced the National Occupational Standards (NOS) for the conversion, calibration, and maintenance of gas-powered and electric vehicles in Nigeria. This initiative …