ENERGY TRANSITION

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 …

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 …

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 …

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 …

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 …

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 …

The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan.  The international organisations made the commitment …

The federal government of Nigeria has launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060. Vice-President Yemi Osinbajo, …

As announced last year at COP26, COP president Alok Sharma will travel to South Africa from 19 to 21 June to support the implementation of the South Africa Just Energy …

South Africa needs to spend $250 billion (about R4-trillion) over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study. …