Absa’s Purchasing Managers’ Index (PMI) closes 2023 on a stronger note, fueled by increased business activity, though challenges linger.
In the News
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South Africa’s draft Integrated Resource Plan (IRP) 2023 has been met with mixed reactions from various stakeholders, who question its credibility, feasibility, and alignment with the country’s long-term goals. The…
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Dr. Unar Abubakar Hashidu becomes Kaduna Electric’s new MD, succeeding Engr. Yusuf Usman Yahaya, amidst crucial corporate transitions.
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South Africa’s ambitious plan to boost its electricity supply and reduce its dependence on coal has suffered a major setback as the state-owned power utility Eskom announced that it will…
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KPMG report reveals Africa’s need for $277 billion in annual green energy investment, highlighting European investor opportunities in renewable resources.
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Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower…
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South Africa confronts a dire energy challenge, requiring an extensive power plant construction initiative to guarantee stable electricity supply through 2050.
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Ogoni Day marked by calls for halting oil exploration and transitioning to renewable energy to address environmental damage in Niger Delta.
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In a recent revelation, the Nigerian government has acknowledged a significant capital deficit in the nation’s electricity companies, amounting to approximately N2 trillion or $2.5 billion. This shortfall is hindering…
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In a bold move that has sparked widespread debate, TotalEnergies has initiated a comprehensive land assessment for its ambitious $10 billion projects in Uganda and Tanzania. The French energy conglomerate’s…