Adesina spoke about the Bank’s significant investments, including spending $44 billion in regional and national infrastructure projects over the past seven years African Development Bank Group President Dr Akinwumi Adesina on Sunday, outlined the Bank’s significant achievements and commitments…
Sahara Group invests $142m in New LPG Vessels
Sahara Group, the energy conglomerate controlled by Nigerian tycoon Tope Shonubi, has recently completed a deal to acquire two liquefied petroleum gas (LPG) vessels. The two LPG carriers, valued at $71 million each, will bolster Sahara Group’s strategic investments to…
African Economic Outlook 2023: Opportunities abound for Asian investors in Africa, experts
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin Urama, Chief Economist and vice president of the African Development Bank Group, has affirmed. Urama made the call during a webinar to…
Global Conference on Anti-corruption Sets Agenda for Tinubu
The Human and Environmental Development Agenda (HEDA Resource Center) and its international partners have set an agenda for President Bola Tinubu on anti-corruption in the country. HEDA and partners urged Tinubu to decisively fight corruption to halt the country’s possible…
COP28 President-Designate advances innovative climate finance in meetings with King Charles III and President Biden
COP28 President-Designate advances innovative climate finance, leveraging public, business and philanthropic capital during meetings with UK Government, King Charles III and President Biden Dr. Sultan Al Jaber, COP28 President-Designate has participated in high-level discussions on climate finance with US President Joe Biden and H.M King…
Invisible Women in Energy: Millions of Household Biomass Producers
By Alexandra Peek and Philippe Benoit An estimated 2.4 billion people currently lack access to clean cooking fuels, with the majority relying on biomass (firewood, charcoal, dung) to meet household cooking needs. This is only a slight decrease from 2017, when 2.5 billion people lacked access…
HOPE GREEN REVOLUTION TAKES OFF IN NIGERIA
GREENING IMO STATE IS NOW AND URGENT BECAUSE CLIMATE CHANGE IS NOT WAITING FOR ANYONE” — Imo State Governor, Senator Hope Uzodimma The Imo State Hope Green Revolution has taken off with the GREENING OF THE HOSPITALITY INDUSTRY in Owerri, the…
NNPC Dismisses Accusatons of Blocking Assets Divestment by IOCs, Plans Offloading Some of Its Own
The Group Chief Executive Officer (GCEO) Nigeria National Petroleum Company Limited (NNPCL) Malam Mele Kyari has dismissed some alleged accusations and impression being created across the oil and gas industry stakeholders that the NNPC is blocking the move by local…
Climate Activism is Driven More by Concern Over Energy Security than Environment – APPO Boss
The Secretary General, African Petroleum Producers’ Organisation (APPO), Dr Omar-Farouk Ibrahim, has said that today’s climate activism is driven more by the quest for energy security by the developed countries than by their concerns over environment. He pointed out that…
Global Biorefinery Market Forecasted to Surpass $1.4 Trillion by 2030: Growing Focus on Climate Change Mitigation Fuels Promising Growth Prospects
The global market for Biorefinery estimated at US$647.2 Billion in the year 2022, is projected to reach a revised size of US$1.4 Trillion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. Industrial Biotechnology, one of the…
