Nigeria has been granted the hosting right for the African Energy Bank (AEB), after beating Ghana, Benin Republic, Algeria, South Africa and Cote D’Ivoire in a keenly contested bidding. Sen. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil), told…
Deep water project: TotalEnergies advocates good fiscal incentives, competition to reduce costs
……As deep water segment in Nigeria stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu…
President Tinubu unfolds strategies for economic rejuvenation
President Tinubu inaugurated Presidential Economy Coordination Council; unveil measures for economic rejuvenation
African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda
The two-day event brought together key stakeholders to ensure that the shift towards a clean economy doesn’t leave vulnerable communities behind The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops…
Azudialu-Obiejesi, Awolowo, call for enactment of enforceable local content laws to build capacity, provide AFCTA local guidance
The Chairman of Nestoil Limited, Dr Ernest Azudialu-Obiejesi, has called for the enactment of Local Content Laws that are enforceable to build and protect local capacity. Azudialu-Obiejesi made the call on Monday at a panel session on “Exportation of Local…
REA MD, Aliyu To Deliver Pivotal Energy Transition Initiative At Oriental News Summit
The Ag. Managing Director and Chief Executive Officer, MD/CEO of the Rural Electrification Agency, REA, Abba Abubakar Aliyu, will be addressing key energy professionals and other government officials on the Agency’s current drive towards delivering clean and reliable electricity across…
African Energy Chamber (AEC) Drives Intra-African Energy Investment in Lagos
Nigerian entrepreneurs accessed investment opportunities in Africa’s leading energy markets at the Invest in African Energies roadshow in Lagos on Tuesday The Invest in African Energies roadshow in Lagos – organized by the African Energy Chamber (AEC) on June…
Afreximbank signs two deals totaling US$80 million for Zimbabwe’s CBZ Bank
The line of credit facility will strengthen financial intermediaries’ capacity to support SMEs through financing product and capacity building. In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank is providing a US$60 million…
Africa50 Joins IRENA’s ETAF Platform to Accelerate Renewable Energy Deployment in Africa
Africa50 pledges USD 100 million to accelerate renewable energy projects and infrastructure through IRENA’s ETAF Platform. The International Renewable Energy Agency (IRENA) has entered into a landmark collaborative partnership with Africa50, the pan-African infrastructure investor and asset management…
NEF2024 to focus on Energizing Sustainable Industrialization; mobilize investments for energy transition
Organizers of the 9th Nigeria Energy Forum (NEF2024) have disclosed that preparations are quite done to host the forum within the first week of July 2024. It also emerged that the Conference and Exhibition will focus on energizing sustainable industrialization…
