KEY POINTS Africa’s biggest refinery, the Dangote Petroleum Refinery, is embarking on an ambitious expansion plan that will more than double its current output. The Lagos-based plant, which only began …
Energy Transition
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KEY POINTS When we talk about a single forex trade in Africa, we typically imagine someone hitting “buy” or “sell” on a laptop or mobile phone. What we don’t usually …
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Energy TransitionIn the News
Namibian Billionaire Sven Thieme’s O&L Sells Clean Energy Stake to Belgium’s CMB.TECH
KEY POINTS Namibia’s biggest privately owned conglomerate, Ohlthaver & List (O&L) Group, led by billionaire executive chairman Sven Thieme, has sold its stake in Cleanergy Solutions Namibia to H2Infra NV, …
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Energy TransitionIn the News
Eskom Eases Solar Rules to Cut Costs and Encourage Clean Energy Adoption
KEY POINTS South Africa’s state power utility, Eskom, has announced new measures to simplify and reduce the cost of connecting household and small business solar systems to the national grid, …
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KEY POINTS Governor Umar Namadi of Jigawa State has joined other Northwest leaders at a high-level electricity symposium in Morocco, a move aimed at deepening regional energy cooperation and accelerating …
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Energy TransitionIn the News
South Africa Elevates Clean Cooking to G20 Spotlight in Push for Africa’s Energy Justice
KEY POINTS South Africa has placed clean cooking squarely on the global energy agenda during its G20 Presidency, marking what officials describe as a significant step towards improving the lives …
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Energy TransitionIn the News
Nigeria Approves N28 Billion Meter Fund to Tackle Electricity Billing Crisis
KEY POINTS Nigeria’s Federal Government has approved the release of N28 billion for electricity distribution companies (DisCos) to procure and install prepaid meters across the country, in a renewed effort …
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KEY POINTS South Africa’s Cabinet has approved a new board for Eskom Holdings, the state-owned power utility at the heart of the country’s energy recovery plan, while retaining Mteto Nyati …
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Energy TransitionIn the News
Nigeria Strikes ₦4 Trillion Deal to Settle Power Sector Debts and Reignite Investor Confidence
KEY POINTS Nigeria’s Federal Government has sealed a landmark agreement with power generation companies, GenCos, and gas suppliers to clear outstanding debts worth about ₦4 trillion, marking one of the …
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KEY POINTS South Africa’s state-owned power utility, Eskom, is planning to cut electricity tariffs after returning to profitability for the first time in eight years, a turnaround that its chairman, …