KEY POINTS Africa’s largest financial institution, Standard Bank Group, has pledged its support for the planned Initial Public Offering, IPO, of the Dangote Petroleum Refinery, signalling strong investor confidence in …
In the News
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Ikogosi Warm Springs Resort has saved N513 million in energy costs after a $200,000 solar investment cut the facility’s diesel dependence significantly.
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Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.
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Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.
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Gambia’s main opposition party has declared the country’s electricity crisis a national emergency, saying millions of dalasis are being lost daily as outages worsen.
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced plans to expand gas distribution infrastructure along the Ajaokuta–Kaduna–Kano (AKK) pipeline corridor as part of efforts to …
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KEY POINTS Nigeria’s petrol importation has risen sharply, reaching its highest level in four months in May, as temporary maintenance at the Dangote Refinery in Lekki reduced local fuel output …
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KEY POINTS South Africa’s energy regulator, the National Energy Regulator of South Africa, NERSA, has proposed a cap on gas price increases in a bid to curb concerns over the …
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KEY POINTS South Africa’s power utility, Eskom, has signed a heads of agreement with Zululand Energy Terminal (ZET) to establish a long-term strategic partnership aimed at supporting the country’s gas-to-power …
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In the News
Daystar Power and Sterling Bank Launch Solar Finance Plan to End Nigeria’s Diesel Dependence
Daystar Power and Sterling Bank have launched a financing model that lets Nigerian businesses switch to solar energy without heavy upfront costs.