KEY POINTS The Federal Capital Territory High Court in Abuja has dismissed a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, by Alternate Dimensions Ventures …
In the News
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KEY POINTS Shareholders of ExxonMobil have approved the company’s proposal to shift its legal incorporation to Texas, marking a significant corporate decision for one of the world’s largest energy companies. …
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KEY POINTS Eskom has commenced construction of a new R1.2 billion 75-megawatt solar power plant at the Lethabo Power Station in the Free State province, marking a major milestone in …
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In the NewsOil & Gas
African Billionaires Secure Historic Windfall as Shipping Crisis Redraws Global Oil Map
KEY POINTS The prolonged blockade of the Strait of Hormuz has completely reshuffled the global oil order. Satellite imagery analyzed by German business publication WirtschaftsWoche and earth observation firm LiveEO …
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Ghana’s renewable energy capacity stands at 280MW and just 5 percent of its energy mix. Public and private solar investment is now pushing hard toward a 2027 target.
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The World Bank has committed $50 million to expand electricity access to nearly 147,000 people in Lesotho through grid expansion and off-grid solar solutions.
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Angola plans to grow electricity production from 6,400 to 9,000 megawatts by 2027, driven by the completion of the massive Caculo Cabaça hydroelectric plant.
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Carbon pricing generated a record $107 billion in public revenues in 2025, with nearly 30 percent of global emissions now covered, the World Bank’s annual report confirms.
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Ghana’s ECG has invested over GH¢3 million to fix power reliability across 40 communities in Accra West, targeting transformer overloading, vandalism and illegal connections.
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Sudan’s electricity grid has suffered up to $3 billion in war damage since 2023, forcing millions to rely on solar power as diesel prices soar and fuel disappears.