In the News

TotalEnergies posted $5.4 billion in first-quarter adjusted net income, beating expectations by nearly $400 million as the Iran war drove oil prices and trading gains.

Tanzania and Iran have held talks in Dar es Salaam to strengthen cooperation across irrigation, food security, energy, infrastructure and pharmaceuticals.

JinkoSolar has agreed to supply 500MW of solar modules to Nigeria’s Fouani Group, targeting commercial, industrial and residential rooftop solar adoption across the country.

Eskom and South32 have formed a joint team to develop a renewable electricity solution for the Hillside aluminium smelter ahead of its 2031 contract expiry.

Rwanda’s utilities regulator has sanctioned CanalBox operator GVA Rwanda, ordering compensation for customers hit by a week of internet disruptions and daily fines until compliance is restored.

Geometric Power chair Barth Nnaji says Nigeria has not financed a single major power plant in 11 years after a critical investor guarantee instrument was discarded.

KEY POINTS Five Kenyan clean cooking companies are in the market for a combined Sh5.6 billion from international investors, a push that reflects both growing consumer demand and the deepening …

KEY POINTS The Lagos State Government has signed fresh power purchase agreements with three energy companies as part of efforts to improve electricity supply across critical public infrastructure in the …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has recorded its strongest crude oil trading performance in five years, reaching about 1.171 million barrels per day (mbpd) under the …

KEY POINTS Former President Olusegun Obasanjo has again declared that Nigeria’s state-owned refineries operated by the Nigerian National Petroleum Company Limited will never function effectively again, despite ongoing efforts by …