KEY POINTS Nigeria’s push to expand grid-connected electricity projects is running into an old and persistent obstacle as lenders and sector executives warn that the deep debts carried by Distribution …
Energy Transition
-
-
KEY POINTS South Africa’s municipalities are warning that the country’s electricity system is drifting towards an unsustainable breaking point unless sweeping reforms are introduced at Eskom and the National Energy …
-
KEY POINTS Eskom has raised fresh alarm over the rapid growth of municipal debt, saying the rising arrears remain the single biggest obstacle to lifting the utility’s credit ratings and …
-
Energy TransitionIn the News
CrossBoundary Energy Secures 200 Million Dollars to Scale Renewable Projects Across Africa
KEY POINTS CrossBoundary Energy has raised 200 million dollars in additional senior debt to accelerate the roll-out of its renewable energy portfolio across Africa, marking one of the largest financing …
-
Energy TransitionIn the News
Ikeja Electric Cuts Off Lagos Residents in Dispute Over N2.1 Million Legacy Debt
KEY POINTS Residents of a modest apartment block in Odukoya Estate, Lagos, have accused Ikeja Electric of plunging them into a week-long blackout after officials disconnected their supply over an …
-
Energy TransitionIn the News
Former Eskom Chief Says Utility’s Troubles Began Before Democracy, Not With the ANC
KEY POINTS Jacob Maroga, who once sat at the helm of Eskom during the early years of rolling blackouts, has argued that South Africa’s enduring power crisis took root long …
-
Energy TransitionIn the NewsOil & Gas
TGS and Chevron Seal Three-Year Deal to Boost Deepwater Seismic Capacity
KEY POINTS TGS and Chevron have entered a three-year seismic capacity agreement that is set to reshape how both companies approach deepwater exploration and reservoir monitoring, particularly as the global …
-
Energy TransitionIn the News
FCTA Rolls Out Free Cooking Gas Scheme for 5,000 Homes in Push for Cleaner Air
KEY POINTS No fewer than 5,000 low-income households across the Federal Capital Territory are set to receive free gas cylinders and a six-month supply of cooking gas under a new …
-
Energy TransitionIn the News
Eskom Blames Relentless Gauteng Rains for Delays as Kempton Park Faces Fresh Outage
KEY POINTS Heavy rainfall across Gauteng has slowed down repair efforts at Eskom, with the utility warning that widespread flooding is forcing technicians to halt or restart work repeatedly as …
-
Energy TransitionIn the News
FG Partners with Quaint Energy for 8MW Hydropower Projects in Oyo and Kogi
KEY POINTS The Federal Government has entered a concession agreement with Quaint Energy to develop two hydropower plants totalling 8 megawatts, aimed at improving electricity access in Oyo and Kogi …