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 …
Renewable Energy
- BusinessBusiness InsightsDevelopmentEconomyEnergyEntrepreneurshipFinance & ServicesNigeria
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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 …
- 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 …
- 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 …
- Eastern AfricaEconomyEnergyEnvironmentINVESTMENTKenyaTechnology
Kenya’s Green Energy Boom: EVs, Hydrogen and Autogas Drive Investment Surge
Kenya is fast becoming one of Africa’s most attractive destinations for clean energy investment, with new figures from the Energy and Petroleum Regulatory Authority (EPRA) showing rapid growth in electric …
- EconomyEnvironmentPoliticsTrade and Commerce
South Africa: The EU announces a €4.7 billion investment plan
The European Union has announced a major investment of €4.7 billion in South Africa. This money will be used to support the country’s transition to green energy and boost vaccine …
- BusinessDevelopmentEnergyINVESTMENT
African energy: Opportunities and challenges presented by Russia’s investments
Africa’s energy sector is drawing attention from powerful global players, with Russia positioning itself as a key partner. The continent, rich in oil, gas, and other natural resources, stands at …
- AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
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 …
- BusinessEnergyGOVERNMENTSouth AfricaSouthern Africa
South Africans Grapple with Escalating Electricity Tariffs Amid Economic Strain
In a move that has intensified the financial strain on many households, South Africa is set to implement a 12.7% increase in electricity tariffs effective April 1, 2025—a date dubbed …
- Business InsightsBusiness PoliciesEnergyEnvironment
Oil Majors Reinvest in Fossil Fuels Amidst Energy Transition Challenges
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 …