In the News

Quantum Capital Group to buy U.S. power producer Cogentrix Energy for $3 billion, highlighting growing investor interest in the energy sector amid rising power demands.

Huawei’s PV and ESS solutions bring reliable energy to African businesses, enhancing productivity and growth.

South Africa faces significant financial challenges in its energy transition, with the minister urging international support to achieve sustainability goals.

Libya’s government accuses rivals of political blackmail after a significant cut in oil production at the Sharara field.

Nigeria’s new CNG initiative, led by President Tinubu, aims to save up to N2 trillion monthly on fuel costs, transitioning to cleaner and cheaper energy sources.

Venture Global LNG has filed a lawsuit against Kiewit, alleging the unauthorized disclosure of confidential documents to Shell, intensifying the legal disputes over the Calcasieu Pass LNG plant.

Citgo auction heats up as Carl Icahn-backed CVR Energy and creditor groups compete for control, amid unresolved Venezuela debt claims.

The JSE fines Eskom R3-million for failing to comply with debt listing requirements, emphasizing transparency and governance.

The African Development Bank has approved a $500 million loan to boost electricity access in Nigeria, focusing on infrastructure upgrades and renewable energy projects to address chronic power shortages.

New funding will help ESCOM construct a 132kV transmission line in Malawi, improving power supply and infrastructure.