In the News

KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …

Nigeria’s non-oil exporters grew sales by 93 percent in five years but a logistics crisis scored just 12.8 out of 100 is trapping the sector’s best performers.

Kenya Power’s EV charging revenue has hit Sh382 million after electricity sales to the e-mobility sector grew 113-fold in under three years, signaling a mainstream shift.

KEY POINTS The NNPC Limited has called for the creation of African-led capital and financing frameworks to address long-standing challenges hindering the development of the continent’s vast natural gas resources. …

KEY POINTS Chevron Corporation has unveiled a next-generation version of its Techron fuel additive, designed to improve engine performance and reduce damage caused by low-quality gasoline. The announcement was made …

ZESA Enterprises workers have accused their MD of chanting party slogans to intimidate staff, corporate fraud and reducing the parastatal to a one-man operation.

Former MP Paul Twum Barimah says Ghana urgently needs a National Gas Act to resolve growing institutional confusion between GNPC and Ghana Gas Company.

Eskom has given Johannesburg until July 8 to pay R5.2 billion or face power cuts across Sandton, Soweto, Fourways and other major city areas.

KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …

KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …