Shoprite Holdings, Africa’s largest food retail group has secured R3.5 billion from the country’s largest banks to further invest in various environmental and renewable-energy linked projects. The JSE-listed group on …
Energy
- BusinessEnergySouthern Africa
Kenya has spent Sh71.17 billion to subsidize diesel, super and kerosene in the six months to June, highlighting the burden of the fuel stabilization scheme on the national budget. Consumption …
- Central AfricaEnergyRwanda DailySouthern AfricaSpotlight
GCF raises $100m funding towards green development in Rwanda
GCF, Green Climate Fund, has so far given $100 million funding to Rwanda for urgently needed climate action, according to Yannick Glemarec, the fund’s Executive Director. GCF is the world’s …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaWestern Africa
FG calls on Nigerians to embrace clean energy innovations
The federal government of Nigeria has called on all Nigerians to embrace and support deployment of clean energy innovations and solutions across various sectors of Nigerian economy, even as the …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
Kerosene price increased by 98.76% in July, says NBS
The National Bureau of Statistics (NBS) Nigeria, says on a year-on-year basis, the average retail price per litre of Household Kerosene (HHK) increased by 98.76 percent in July 2022. This …
Eskom has warned that a cold front passing over the country and the shutdown of Koeberg Unit 2 could worsen its generating capacity constraints and require load-shedding to be implemented …
South Africa expects Total Energies to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the …
The construction of a multi-million plant to produce compressed natural gas for cooking, vehicles and industries from Lake Kivu methane gas is expected to be complete within two years in …
Exxaro Resources has declared an interim dividend of R15.93 per share as earnings grew 75% for the six months to end June. The company, a major supplier of coal to …
- AfricaAFRICA NEWSEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
SCZONE, Toyota Tsusho signs MoU for renewable energy projects in Egypt
Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) signed a memorandum of understanding (MoU) with Toyota Tsusho Corporation, a member of the Japanese manufacturer Toyota Group, …