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 …
ENERGY TRANSITION
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BusinessINVESTMENTMoroccoNorth Africa
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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 …
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AfricaAFRICA NEWSBusinessEconomyEnergyNewsNigeriaWestern Africa
World Bank, US commit $3bn to Nigeria’s energy transition plan
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 …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEnergyNewsNigeriaWestern Africa
Nigeria launches energy transition plan
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, …
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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 …
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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. …