French energy giant, TotalEnergies, has announced a new plan to begin the large-scale production of biofuels using used cooking oil, as part of its broader strategy to promote clean and …
RENEWABLE ENERGY
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BusinessEnergyEnvironmentTransportation & Logisitics
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DevelopmentEconomyEgyptEnergyFinance & Services
Egypt Raises $15.6 Billion in Development Financing for Private Sector
Egypt has gotten a total of $15.6 billion in development financing from over 30 international organizations and donors to help grow its private sector. This financing covers a period from …
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EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
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BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
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EconomyEnvironmentInfrastructureNigeriaTrade and Commerce
UNCTAD Raises Alarm Over Threats to $2.2 Trillion Global Ocean Economy
The United Nations Conference on Trade and Development (UNCTAD) has raised concerns over the growing threats facing the global ocean economy, warning that rising climate impacts, unstable trade policies, and …
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DevelopmentEnergyEnvironmentNigeriaTechnology
FG Launches Solar Power Project to Light Up Ibeju-Lekki Communities
The Federal Government has launched a solar electricity project aimed at bringing clean and steady power to homes and small businesses in Ibeju-Lekki, Lagos State. The project, tagged ‘Light-Up Ibeju-Lekki’, …
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BusinessEnergyEnvironmentGOVERNMENTInnovationTechnology
NADDC Commends SAGLEV for Pioneering Electric Vehicle Assembly in Nigeria
The National Automotive Design and Development Council (NADDC) has commended SAGLEV Electromobility Nigeria Limited for pioneering electric vehicle (EV) manufacturing in Nigeria, describing the company’s facility as the first fully …
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AfricaBusinessEconomyEnergyFinance & ServicesNigeriaTechnologyWestern Africa
Baobab Group Sells Majority Stake in Baobab+ to US-Based BioLite
Baobab Group has completed the sale of its majority stake in Baobab+ to BioLite, a renewable energy social enterprise based in the United States. The move marks a significant shift …
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BusinessBusiness InsightsEnergyMarketsNigeriaTechnologyWestern Africa
Itel Solar Energy Opens First Nigerian Hub at Alaba Market, Targets Affordable Power for Homes, Businesses
Itel Solar Energy has launched its first official sales and service hub in Nigeria, setting up shop at the popular Alaba International Market in Lagos. The company said the move …
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Banking, Finance & InvestmentEconomyEnergyGOVERNMENTInfrastructureNigeria
Kebbi Govt, First Bank Partner on Industrialisation, Mining and Infrastructure
The Kebbi State Government has entered into a strategic partnership with First Bank Nigeria Plc. to boost industrialisation, mining, and infrastructure development in the state as part of its broader …