The 2026-2027 El Niño is expected to be among the strongest since 1950, putting power supplies at risk across hydro-dependent Latin America, the IEA said.

Asia provides Russia with opportunities to remain economically engaged even if the terms increasingly depend on what Asian partners themselves require.

Dangote is taking his Lagos refinery’s fuel inland: a $660mn Djibouti-Ethiopia pipeline, a Walvis Bay terminal and a 2,650km Southern Africa network budgeted at more than $3.5bn.

Ignitis Renewables invested €60.3mn between 2023 and 2025, but the project has yet to secure long-term electricity purchase agreements with major consumers.