ExxonMobil is set to invest $1.5 billion in its deepwater operations in Nigeria between the second quarter of 2025 and 2027. The investment will primarily focus on revitalizing production at the Usan deepwater oilfield, located offshore in the eastern Niger…
124 Mini-Grids, 25,000 Solar Homes: Nigeria’s Lawmakers Push Clean Energy Legislation to Scale Impact
In a powerful display of legislative resolve and forward-thinking leadership, Nigeria’s House of Representatives has placed renewable energy squarely at the center of national development efforts—backed by action, not just rhetoric. At the opening of the First Legislative Conference and…
$122BN Power Boost: Tinubu Approves National Integrated Electricity Policy
President Bola Tinubu has given the green light to a comprehensive plan aimed at transforming Nigeria’s power sector. The National Integrated Electricity Policy, approved at the Federal Executive Council meeting on Monday, is designed to attract $122.2 billion in investments…
Industry Leaders Call for Stronger Local Business Integration at the Namibia International Energy Conference (NIEC) 2025
At the Namibia International Energy Conference, industry leaders spotlighted urgent efforts to strengthen local business capacity and ensure Namibian enterprises benefit from the country’s growing energy sector As Namibia’s energy sector gains momentum, attention is increasingly turning toward ensuring…
Seplat Energy Reports Strong Q1 2025 Results with N1.228 Trillion Record Revenues
Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its audited financial results for the first quarter ended 31 March 2025. The company posted exceptional performance, driven…
African Development Bank signs $3.2 billion Exposure Exchange with Inter-American Development Bank
Since 2015, the African Development Bank has used these agreements to diversify lending within its sovereign portfolio and deploy capital effectively while preserving a resilient financial base The African Development Bank Group has signed a $3.2 billion Exposure Exchange Agreement…
UN Warns of $4 trillion Shortfall Threatening Global Development Goals
© UNICEF/Vlad Sokhin: None of the targets under SDG 6 on water and sanitation are on track to be met. Globally, over two billion people lack access to safe drinking water, and more than three billion lack access to safe…
AFDB Approves $19.85M Grant for Crisis Response in Sudan
African Development Bank approves $19.85 million grant for crisis response to the most vulnerable in Sudan’s conflict areas. The project will benefit 1.5 million Sudanese, or 265,000 households, of which a majority are led by women The Board of Directors…
India Accelerates Energy Push into Africa as Global Markets Shift
Amid declining Russian oil imports and rising energy demand, India is ramping up investments across Africa’s oil, gas and renewables sectors — with African Energy Week 2025: Invest in African Energies set to deepen Africa’s partnership with this key G20…
SDGs Office Partners Africa HCD+ To Empower 1,200 Women In Underserved Communities With Financial Literacy
In a renewed push for gender equality and inclusive economic development, the Lagos State Office of Sustainable Development Goals (SDGs) has empowered 1,200 women across hard-to-reach communities in the state with financial literacy training and access to digital financial services.…
