Latest Stories

Nigeria needs $100bn to meet power needs – think tank

17 March 2022

Nigeria will need $100bn over the next 20 years in order to solve its electricity supply problems and meet rising demand, a new report by Nigerian think tank Financial Derivatives Company (FDC) said.

World Bank approves $750mn to support Kenya's economy recover from pandemic

17 March 2022

The World Bank has approved $750mn to boost the economic transformation of Kenya, steeling reeling from the impact of COVID-19

Petrofac wins new energies project in Egypt

17 March 2022

Service provider Petrofac is to carry out a feasibility study for a green hydrogen to ammonia facility in Egypt being developed by Mediterranean Energy Partners (MEP).

Green Exchange launches green bonds in Ghana at 4-6%

17 March 2022

The Green Exchange plans to drive up Africa’s share by encouraging the continent’s companies to issue green bonds.

AfricaGoGreen Fund’s capital reaches $30mn

17 March 2022

The AfricaGoGreen Fund has received $20mn to promote private investments in energy-efficient technologies in Africa in a bid to decarbonise the continent’s economy and push forward the energy transition.

Namibia's DBN approves solar park funding

17 March 2022

The Development Bank of Namibia (DBN) has approved funding for the construction of the Rosh Pinah Solar Park (RPSP) in the country’s southern region of Karas.

ExxonMobil reportedly considering Bakken sale

16 March 2022

ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.