Aliko Dangote has secured a $600 million loan from the Africa Finance Corporation to expand fertiliser production and generate $4 billion in annual export earnings.
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In the News
Chevron Says Cyprus Is Central to East Mediterranean Energy and the Aphrodite Field Is Moving Fast
Chevron says Cyprus is a natural fit for the East Mediterranean’s energy future as the Aphrodite gas field moves closer to a final investment decision.
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In the News
MTN Nigeria Signs a 34MW Solar Deal to Cut Diesel Costs Across Its Critical Network Sites
KEY POINTS Nigeria’s telecom operators spend hundreds of billions of naira every year keeping their networks alive on diesel. MTN Nigeria has decided it is done subsidizing that problem. The …
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ECOWAS Parliament has opened a five-day meeting in Dakar to develop strategies for expanding renewable energy and rural electrification across West Africa.
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TotalEnergies has resumed its $20 billion Mozambique gas project after a five-year suspension, reigniting both hopes for prosperity and frustration over unfulfilled community promises.
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President Tinubu praised the REA as Nigeria inaugurated its largest solar hybrid mini-grid projects in North-Central, providing clean power to over 5,000 households.
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Tanzania has scrapped taxes on electric vehicles, compressed natural gas and charging equipment in its 2026/27 budget to accelerate its clean energy transition.
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Nigeria’s TCN has told lawmakers the national grid can handle more power than it has ever received and needs stronger legal protection against vandalism.
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Nigeria’s oil minister says crude oil production has risen from 1 million to 1.8 million barrels per day and the next target is 2.5 million.
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Nigeria and Alberta have agreed to deepen cooperation on gas development, methane reduction and carbon capture after bilateral talks held in Calgary, Canada.