Many petrol marketers in Nigeria have refused to reduce their pump prices even after Dangote Petroleum Refinery cut its ex-depot price of petrol from N880 to N840 per litre. The …
Energy
- BusinessDangote IndustriesEconomyEnergyNigeriaOil & Gas
- AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …
- DevelopmentEnergyFinance & ServicesInfrastructureSouthern Africa
AfDB Grants $139m Loan to Johannesburg for Infrastructure Upgrade in Landmark
The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …
- AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyEnvironmentPoliciesUGANDA
Uganda to Begin Ethanol Fuel Blending in 2025
Uganda’s Ministry of Energy has announced a new fuel policy that will require all petrol sold in the country to be blended with locally produced ethanol starting January 2025, a …
- DevelopmentEastern AfricaEnergyEnvironmentInfrastructurePolitics
Kenya Shifts First Nuclear Power Plant Project to Siaya
Kenya’s plan to build its first nuclear power plant has taken a new direction as the government shifts focus from Kilifi County to Siaya County, following strong opposition from residents …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyEnergyInfrastructureSouth AfricaTransportation & Logisitics
SA Secures $474.6 Million Loan from African Development Bank
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
- AfricaAFRICA NEWSEconomyEnergyInfrastructureSouth Africa
Eskom Warns of 21 Days Black-Out In South Africa
South Africa could be heading into a tough winter as Eskom warns that the country may face up to 21 days of Stage 2 load shedding if the current rate …
- AfricaAFRICA NEWSBusinessBusiness and EconomyEnergyInternational RelationsNatural ResourcesNewsTrade and CommerceZAMBIA
India Sends Geologists to Zambia to Hunt for Copper
India has sent a team of its geologists to Zambia to look for copper and cobalt as part of its bigger plan to secure minerals needed for its clean energy …
- AfricaAFRICA NEWSAgricultureDevelopmentEnergyEnvironmentInnovation
Ethiopian Fisherman Turns Lake Weed Into Cooking Gas and Farm Fertiliser
In Ethiopia’s Amhara region, a quiet revolution is taking place around the once-troubled Lake Tana. What used to be a source of frustration and loss for local fishermen has now …
- EconomyEnergyGOVERNMENTInfrastructureNigeriaOil & GasPolicies
NNPC Records 14% Profit Increase in May as Oil Production Improves
The Nigerian National Petroleum Company Limited (NNPC) has announced a strong 14 percent rise in its after-tax profit for the month of May 2025, reaching ₦1.054 trillion. This marks a …