South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …
Energy
- AfricaAFRICA NEWSBusinessEnergyINVESTMENTNewsSouth AfricaSouthern Africa
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
Oil theft: Nigeria deactivates 395 illegal refineries
The Nigerian National Petroleum Company (NNPC)Limited on Tuesday said it has deactivated 395 illegal refineries in its efforts to curb oil theft in Nigeria. Mele Kyari, Group Managing Director, NNPCL, …
Morocco’s trade deficit continued to surge at the end of August 2022, reaching its highest level in over three decades at MAD 77 billion ($7 billion), due to rising energy …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaOil & GasWestern Africa
NNPC posts N674bn Profit After Tax For 2021
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …
- EnergyFinance & ServicesKenya News
Kenya Power introduces Self-Reading Of Meters to enhance satisfaction among their customers
Kenya Power is targeting to increase the number of postpaid customers reading their own meters in a bid to address billing complaints. The energy utility firm intends to increase the …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaOil & Gas
Egypt and Greece reject Turkey-Libya maritime hydrocarbons deal
Egypt and Greece on Monday rejected the signing of the unity government in Libya, based on two memoranda of understanding formulated by Turkey in the field of hydrocarbon resources to …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaWestern Africa
Geregu Power to list 2.5bn shares on Nigerian Exchange
Geregu Power, an electricity generation company has announced that it will be listing 2.5 billion ordinary shares of 50 kobo each at a share price of N100 per share on the Nigerian Exchange. Geregu …
Lenium, a Spanish renewable energy company, is partnering with a consortium of four Moroccan institutes to develop a solution for the production of water by capturing moisture from the air. …
The Organisation of Petroleum Exporting Countries(OPEC)+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets tomorrow for the first time in …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaWestern Africa
REA launches Africa Mini-grids Programme to expand energy access across Nigeria
The Rural Electrification Agency (REA) has officially launched the Africa Mini-grids Programme(AMP) as part of efforts to expand energy access across Nigeria. AMP, a four-year project funded by the Global …