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Nigeria needs $100bn to meet power needs – think tank
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.
KNPC opens new LNG line at Al-Ahmadi
World Bank approves $750mn to support Kenya's economy recover from pandemic
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
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%
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
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
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.
ADNOC lifts Petrofac ban
ExxonMobil reportedly considering Bakken sale
ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.
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