The IEA projects Africa’s energy investment at $110 billion in 2026, just 3.3% of the global total, with Nigeria, Algeria, Angola, Egypt and Libya taking about 70%.
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IEA
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IEA hails Nigeria’s upstream reforms as NUPRC says PIA boosts transparency
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
- BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
Naira strengthens at official market as FX inflows fall 33%
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
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Experts Call for Bold Energy Decisions to Unlock Africa’s Gas and Renewable Potential
Energy leaders and policymakers at a recent high-level forum have called on African governments to make urgent and strategic decisions that can unlock the continent’s huge natural gas and renewable …