South Africa is facing a risk of an unprecedented level of load shedding this week after units at two of its coal-fired power plants broke down. Eskom earlier on Sunday …
Energy
- AfricaAFRICA NEWSEnergyNewsSouth AfricaSouthern Africa
South Africa’s Eskom targets 32% power tariff increase for next year
South Africa’s struggling utility Eskom is seeking an average power tariff increase of just over 32% for the financial year that starts on April 1 2023, much higher than originally …
- EconomyEntrepreneurshipMoroccoOil & Gas
NNPC Seals Gas Pipeline project Agreement with Morocco and ECOWAS
Morocco’s National Agency for Mines and Hydrocarbons (ONHYM), Nigeria’s National Petroleum Company Limited (NNPC), and the Economic Community of Western African States (ECOWAS) signed a Memorandum of Understanding (MoU) for …
Morocco’s Research Institute for Solar Energy and New Energies (IRESEN) announced on Wednesday that it “successfully completed” the installation of its first micro-pilot green hydrogen production system. The pilot project …
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …
- AfricaAFRICA NEWSEconomyEnergyNewsSouth AfricaSouthern Africa
South African government turns to wind amid energy crisis
The South African government has increased the wind energy allocation for Renewable Energy Independent Power Producer Procurement Programme bid window six to 3.2GW due to the urgent need for increased capacity …
- Eastern AfricaEconomyOil & Gas
Fuel shortage hits ahead of price as investors sanguine in market stocks
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes in anticipation of higher prices from Wednesday …
United Arab Emirates(UAE) has leapfrogged India to become Kenya’s second largest source market after China on the back of soaring oil prices, official statistics show. Provisional trade data on Friday …
- AfricaAFRICA NEWSBusinessCentral AfricaEconomyNewsNigeriaOil & GasWestern Africa
Angola overtakes Nigeria as Africa’s largest oil producer in August
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …
- AfricaAFRICA NEWSEconomyGhanaNewsNigeriaOil & GasWestern Africa
Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …