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 …
RENEWABLE ENERGY
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AfricaBusinessEconomyEnergyFinance & ServicesNigeriaTechnologyWestern Africa
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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 …
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BusinessBusiness InsightsBusiness PoliciesEnergyEnvironmentFinance & ServicesInfrastructurePolicies
Nigeria Leads Africa’s Renewable Energy Push, Says House Speaker Abbas
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said that Nigeria is playing a major role in the effort to provide electricity to 300 million Africans by …
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The Federal Government is set to launch a Green Mortgage Scheme in collaboration with the German Development Cooperation (GIZ) to promote energy-efficient and climate-smart housing in Nigeria. This initiative was …
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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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BusinessBusiness InsightsDevelopmentEconomyEnergyEntrepreneurshipFinance & ServicesNigeria
ROGEAP, Ecobank to Train 50 SMEs in Solar Energy Business
The Regional Off-Grid Electricity Access Project (ROGEAP), in collaboration with Ecobank Nigeria, has announced plans to train 50 small and medium enterprises (SMEs) in the solar energy sector through a …
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BusinessEnergyEnvironmentInternational RelationsINVESTMENT
UAE’s Africa push prompts cautious optimism
The United Arab Emirates (UAE) has now become the biggest foreign investor in Africa’s new business projects, with a total commitment of $110 billion between 2019 and 2023. Out of …
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BusinessEnergyEnvironmentInternational RelationsLeadership
The South African green investor who took on Trump – and won
South African businesswoman, Linda Mabhena-Olagunju, is fast becoming a big name in the renewable energy world, both in Africa and around the globe. Born and raised in a small village …
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EnergyGOVERNMENTInfrastructureNigeria
Hamzat Laments ‘Crazy Billing’ as Electricity Bill Jumps from N2.7m to N29m, Despite Prepaid Meter Purchase
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has expressed outrage over what he described as “crazy electricity billing” after his residence received a staggering N29 million power bill …