Africa Climate Week 2022 Builds Important Regional Momentum for Climate Action ahead of COP27

This year’s Africa Climate Week (ACW 2022) in Libreville, Gabon, wrapped up today, having helped build important regional momentum in the fight against climate change ahead of the UN Climate Change Conference COP27 in Egypt in November. The event brought…

NBET signs MoU to boost investments in Nigeria’s power sector

The Nigerian Bulk Electricity Trading Plc (NBET) and Energy Exchange Istanbul (EXIST) have signed a Memorandum of Understanding (MoU) to boost commercial transactions and investments in Nigeria’s power sector. The partnership will help Nigeria improve commercial transactions and revenue collections…

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina

Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8).…

Water Minister Tasks State Governments to invest more in Water Supply and Sanitation

The Hon. Minister of Water Resources, Engr. Suleiman H. Adamu FNSE, FAEng has called on the various State Governments to invest more in Water Supply and Sanitation. Engr. Suleiman while briefing journalists at a Lunchtime Forum held in Abuja on…

Osinbajo Launches Energy Transition Plan; Says Nigeria needs $10 Billion a year to attain development ambitions

* $410 Billion to deliver Energy Transtion by 2060 * Complementary Launch of Universal Energy Grant Facility * Solar Companies urged to participate   Nigeria’s Vice President, His Excellency, Prof Yemi Osinbajo is leading efforts towards an energy and development…

Vice President, Yemi Osinbajo to launch Nigeria’s Energy Transition Plan

The Energy Energy Transition Plan is set to be launched. With support from United Nations and other Development Partners, this bold plan will present an opportunity for the private sector to step up and make a difference and be pioneers in creating new markets; as well as provide an opportunity for the government to announce new opportunities to attract results based financing

Africa Energy Week 2022 gets Rystad Energy as Official Intelligence Partner

The African Energy Chamber (AEC) has announced a partnership with multinational energy market research firm, Rystad Energy, as the official Intelligence Partner of African Energy Week (AEW) 2022 – Africa’s premier event for the oil and gas sector, which will…

PEPSICO ISSUES NEW $1.25 BILLION 10-YEAR GREEN BOND AS COMPANY ACCELERATES PEP+ TRANSFORMATION

PepsiCo announced the closing of a new $1.25 billion 10-year Green Bond.  The Company will use an amount equivalent to the net proceeds from the offering to fund Eligible Green Projects which will focus on its pep+ (PepsiCo Positive) agenda – the Company’s strategic, end-to-end transformation…

LAC Climate Week 2022 Opens with Strong Calls for Action

The public-facing segment of this year’s Latin America and Caribbean Climate Week (LACCW 2022) opened in Santo Domingo today with strong calls for regional action to drive global action to tackle climate change and urgent warnings of growing regional climate…

Lekela Power sold in “Africa’s biggest renewable energy deal”

Actis and Mainstream Renewable Power have sold Lekela Power to the Infinity Group of Egypt and the Africa Finance Corporation (AFC). With an installed wind power capacity of 1 GW, Lekela Power is Africa’s largest pure-play renewable energy independent power…

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