Africa is facing a critical challenge of urbanisation, as its population is expected to nearly triple in the next 25 years, reaching 1.5 billion inhabitants by 2050. This rapid growth …
Energy Transition
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Oil prices fell sharply on Wednesday as the latest data showed a huge increase in U.S. crude inventories and record production levels, adding to the concerns about weakening demand in …
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Heirs Insurance offers N100,000 fuel vouchers in new promotion.
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Africa’s burgeoning geothermal sector will attract a remarkable $35 billion in investments by 2050. Rystad Energy’s recent report highlights this significant growth trajectory, emphasizing the focus on Kenya and Ethiopia …
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Orange and Koolboks partner to bring sustainable solar refrigeration to SMEs across Africa, enhancing growth and energy access.
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Nigeria’s electricity capacity has dipped by 37 percent over the past seven years, despite a N3 trillion federal investment, reports the Nigerian Electricity Regulatory Commission (NERC). The agency’s “2022 Market …
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Oil prices dropped on Tuesday as investors weighed the uncertain outlook for global oil demand and the Fed’s stance on inflation. The decline came despite the announcement by Saudi Arabia …
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Energy Transition
Nigeria’s $5 Billion LNG Project Nears Completion Despite Gas Supply Challenges.
Nigeria Liquefied Natural Gas (NLNG) Limited has announced that its Train-7 project, a major expansion of its gas liquefaction plant, has reached 52% completion. The project, expected to boost Nigeria’s …
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In a significant move towards enhancing Angola’s energy sector sustainability, Chevron’s subsidiary, Cabinda Gulf Oil Company Limited (CABGOC), has forged a partnership with the nation, underpinning a commitment to identify …
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Nigeria faces a major challenge of providing reliable and sustainable electricity to its growing population of over 200 million. According to the World Bank, only about 60% of Nigerians have …