The Association of Local Distributors of Gas (ALDG) is set to hold the maiden edition of its 2025 Business Forum on Tuesday, June 3, at the Petroleum Technology Development Fund …
ENERGY TRANSITION
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BusinessEnergyInfrastructureINVESTMENTPolicies
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BusinessEconomyEnergyEnvironmentGOVERNMENTSouthern Africa
South Africa to Launch National Petroleum Company as Energy Sector Eyes Sustainable Future
Stakeholders in the oil and gas industry are preparing to gather for the official launch of the South African National Petroleum Company (SANPC) — a major milestone in the country’s …
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BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyEnergyEnvironmentGOVERNMENTPoliciesTransportation & Logisitics
Govt delists CNG conversion centre over sharp practices
The Presidential Initiative on Compressed Natural Gas (PCNGI) has removed one of its key conversion partners, Charles Goriola Yakub of C & L Smart Energy Limited, over what it described …
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EconomyEnergyEnvironmentInfrastructureNatural ResourcesNigeriaOil & GasPolicies
Nigeria Faces Big Energy Challenges but Sees Hope in Gas, Solar, and Power Reforms
Nigeria, one of Africa’s biggest economies, is currently facing serious power problems, even though it has huge energy resources. With a population of over 200 million people and rich oil …
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AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …
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Business InsightsBusiness PoliciesEnergyEnvironment
Oil Majors Reinvest in Fossil Fuels Amidst Energy Transition Challenges
Global oil giants are recalibrating their strategies, channeling investments back into fossil fuels despite earlier commitments to transition toward cleaner energy sources. This shift is driven by financial imperatives and …
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AfricaAFRICA NEWSEconomyEnergyEnvironmentNigeriaWestern Africa
Nigeria Firms Launch $500m Fund to Boost Renewable Energy Projects
In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …
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BusinessINVESTMENTMoroccoNorth Africa
Morocco’s Investments in Mining Sector increases to $1.14 Billion in 2021
The volume of Morocco’s investments in the mining sector exceeded MAD 13 billion, or $1.14 billion in 2021, recent data shows. Morocco’s Minister of Energy Transition and Sustainable Development Leila …
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BusinessEconomyEnergyNigeriaSpotlightUncategorized
Nigeria pushes for $400bn energy transition plan funding
The Federal Government is pushing for funding to the tune of $400bn to help implement Nigeria’s Energy Transition Plan. The Minister of Environment, Mohammed Abdullahi, said the push was being …
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The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and …