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…
A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo
The Chinese oil and gas company is developing a multi-faceted oil and gas project in the Republic of the Congo – a model which can be replicated in other resource-rich nations across the region The Republic of the Congo…
NNPC, TotalEnergies JV Announce $550 Million FID on Ubeta Field Dev’t Project
…………As Kyari Lauds FG’s Presidential Executive Order for Fostering Growth in Nigeria’s Oil, Gas Sector In a major step towards boosting Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has officially announced a 550 million USD Final Investment Decision…
AfDB and Red Cross stress co-creation to build resilience in Africa
African Development Bank and the International Committee of the Red Cross (ICRC) stress co-creation to build resilience in Africa The exchange highlighted the importance of strategic partnerships to reduce humanitarian funding gaps in the medium to long-term by pursuing a…
