By Christopher Burke Africa holds immense potential to contribute to global efforts mitigating carbon emissions based on the continent’s vast natural resources, biodiversity and rapidly growing economies. Unlocking this potential requires innovative approaches that leverage cutting-edge technologies such as…
Technology & System
Germany’s parliament passes reform of climate emissions law
By Andreas Hoenig, dpa The lower house of Germany’s parliament, the Bundestag, has passed a controversial reform of the country’s Climate Protection Act, which will significantly overhaul how targets for reducing greenhouse gas emissions are implemented. The proposed changes…
Trident Energy’s Republic of Congo Oil Field Acquisition Lauded as Significant Step Forward
The African Energy Chamber applauds Trident Energy’s recent agreements with Chevron and TotalEnergies, which are poised to mark a significant advancement for the Republic of Congo in the development of its oil resources Oil and Gas company, Trident Energy, has…
Kenyan Farmers Get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee
The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales. In a significant step to advance food security in Kenya, the…
German, France sign deal on developing future weapons system
By Carsten Hoffmann, dpa The French and German defence ministers signed an agreement in Paris on Friday for a joint Franco-German led armaments project worth billions of euros, which includes the development of a next-generation main battle tank. German…
ABCON Mulls Harmonized Retail End Forex Market to Tackle Volatility, Boost Regulatory Compliance
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector. ABCON President, Alhaji (Dr.) Aminu…
Nigeria to lose 0.94% of GDP, 3.8% of health budgets to lack of WASH facilities
WaterAid says that Nigeria will lose 0.94 per cent of its GDP each year and 3.8 per cent of its health budgets to infections caused by the lack of handwashing facilities, clean water and decent toilets. This is contained in…
Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant
Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, have announced that it has taken a Final Investment Decision (FID) for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This…
We ‘ll demystify cost of oil and gas production In Nigeria – Petan Chairman
Presents NNPCL GCEO With PETAN’s Excellence Award for the Frontier Basin Exploration Initiative The Petroleum Technology Association of Nigeria (PETAN), Chairman, Engr. Wole Ogunsanya has assured that the group will demystify the cost of oil and gas production in…
Forex rate affecting startup’s investment – Digital Investment Expert
Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) says Foreign Exchange (FX) rate is affecting startups’ from getting investment for their business. Alogwu said this in Lagos, during “The Catalyst”, a startup programme,…
