As Nigeria navigates the complex transition towards a more decentralized electricity market, a fresh storm is brewing in the nation’s power sector. The Association of Power Generation Companies (APGC) has raised alarm over a recent tariff reduction announced by the…
Sahara Energy Resources Closes USD 225 Million Facility to Drive Global Expansion, Sustainability
Sahara Energy Resource Limited (Isle of Man) (“Sahara”) is pleased to announce the successful closing of a USD 225 million unsecured, committed Revolving Credit Facility (RCF). The facility was significantly oversubscribed, underscoring the confidence of the international financial community in…
Experts Declare Gas as Game-Changer for Africa’s Energy Development at Asharami Square 2.0
L-R: Ijeoma Isichei, Head of Gas Business Development, Sahara Group; Olurotimi Famoroti, CEO of First Independent Power Limited (FIPL); Mariah Lucciano-Gabriel, Head of Integrated Gas Ventures, Asharami Energy; Mr Abel Nsa, Senior Technical Adviser to the Nigerian Minister of State…
Major New Study Debunks ‘Clothes Dumping in Africa’ Myth
A major new study conducted by the IVL Swedish Environmental Research Institute, commissioned by Humana Lithuania, challenges the widespread myth that second-hand clothing exports to Africa constitute waste dumping. The research traces the journey of used textiles from collection and…
10 Weeks To Go: Gastech 2025 Set to Elevate Global Energy Dialogue in Milan
With over 50,000 industry leaders, policymakers, innovators, and investors from around the world expected, the upcoming Gastech 2025 conference promises to be a pivotal event in shaping the future of global energy. Scheduled to take place at Fiera Milano from…
Study: Making German Housing Climate Friendly to Cost €1.4 Trillion
Making Germany’s residential housing stock climate friendly by 2050 will cost €1.4 trillion ($1.64 billion), according to a study released on Tuesday. In the four largest European economies – Germany, France, Italy and Spain – investments totalling around €3 trillion…
German Lawmakers Query Covid-19 Mask Procurement
Margaretha Sudhof, special investigator into the procurement of coronavirus masks, arrives at the Budget Committee in the German Bundestag. Credit: Michael Kappeler/dpa German lawmakers have “more open than answered questions” over the former health minister’s procurement of expensive coronavirus masks,…