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In the News

  • In the News

    Energy Poverty in Africa: A Barrier to Progress and Development

    by Adenike Adeodun September 27, 2024
    by Adenike Adeodun September 27, 2024

    Energy poverty affects over 600 million Africans, leaving families without electricity and limiting opportunities for education, healthcare, and economic growth. Renewable energy offers hope.

  • In the NewsMarkets

    Saudi Aramco Secures $3 Billion in Latest Bond Sale

    by Ikeoluwa Juliana Ogungbangbe September 27, 2024
    by Ikeoluwa Juliana Ogungbangbe September 27, 2024

    Saudi Aramco raises $3 billion in its latest bond sale to support higher dividend payments and capital investments amid lower oil revenues

  • Energy TransitionIn the News

    Mini-Budget to Reveal Key Details on Power Transmission Project

    by Motoni Olodun September 27, 2024
    by Motoni Olodun September 27, 2024

    South Africa’s mini-budget will unveil details about a pilot project for independent power transmission, marking a key step toward energy reform and stability.

  • In the News

    Eni Considers Selling Second Biofuel Stake Amid KKR Deal Talks

    by Victor Adetimilehin September 27, 2024
    by Victor Adetimilehin September 27, 2024

    Eni is in final negotiations with KKR to sell a 20% stake in its biofuel unit, Enilive, while other investors like Stonepeak have expressed interest in acquiring a second stake …

  • In the News

    Eskom Reduces Household Emissions with Clean Energy in Mpumalanga

    by Adenike Adeodun September 26, 2024
    by Adenike Adeodun September 26, 2024

    Eskom’s project in Mpumalanga reduces household emissions by replacing coal stoves with electric and gas alternatives, improving air quality and upgrading homes.

  • In the News

    South Africa Faces Gas Crisis as LNG Talks Intensify

    by Motoni Olodun September 26, 2024
    by Motoni Olodun September 26, 2024

    As LNG talks between Eskom and Sasol intensify, experts stress the need for a national gas strategy to prevent South Africa from facing a severe gas shortage.

  • In the News

    Sam Altman’s Oklo Advances Nuclear Reactor Plans With DOE Deal

    by Victor Adetimilehin September 26, 2024
    by Victor Adetimilehin September 26, 2024

    Sam Altman-backed Oklo has secured a site inspection deal with the DOE for its proposed nuclear reactor in Idaho, a key step in its plans to build the facility by …

  • AnalysisIn the News

    IEA Says Massive Investment Needed to Hit Global Renewable Energy Targets

    by Ikeoluwa Juliana Ogungbangbe September 25, 2024
    by Ikeoluwa Juliana Ogungbangbe September 25, 2024

    KEY POINTS The global goal to triple renewable energy capacity by the end of the decade is still attainable, but substantial investments in power grids and energy storage are required, …

  • In the News

    IEA: Upcoming NDCs Will Be Crucial for Achieving Renewables Tripling Target

    by Motoni Olodun September 25, 2024
    by Motoni Olodun September 25, 2024

    The IEA highlights the importance of the next round of NDCs in reaching the goal of tripling global renewable energy capacity by 2030 and urges bold policy action.

  • In the News

    OPEC Raises Long-Term Oil Demand Outlook on Developing Growth

    by Victor Adetimilehin September 25, 2024
    by Victor Adetimilehin September 25, 2024

    OPEC has raised its long-term oil demand forecast, predicting that global demand will reach 120.1 million barrels per day by 2050, driven by growth in developing economies.

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