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  • In the News

    Nigeria: DisCos Mandated to Set Up Online Portals Amidst Tariff Increase

    by Ikeoluwa Juliana Ogungbangbe April 9, 2024
    by Ikeoluwa Juliana Ogungbangbe April 9, 2024

    DisCos in Nigeria ordered to establish online platforms for verifying electricity status after tariff hike announcement, ensuring transparency amid rate revisions.

  • In the News

    Cameroon’s Power Crisis: Actis to Exit, Eneo in Debt

    by Victor Adetimilehin February 16, 2024
    by Victor Adetimilehin February 16, 2024

    Cameroon’s electricity sector is facing a major challenge as its main power distributor, Eneo, struggles with debts and liquidity problems, while its majority shareholder, Actis, plans to sell its stake …

  • In the News

    South Africa’s Power Crisis: How Eskom’s Load Shedding Affects Millions

    by Motoni Olodun February 12, 2024
    by Motoni Olodun February 12, 2024

    South Africa’s state-owned power utility, Eskom, has announced that it will reduce the intensity of load shedding from stage 6 to stage 5 on Sunday from noon. This comes after …

  • In the News

    Bezeq’s Bold Move: Israel’s Telecom Giant Enters Electricity Market

    by Victor Adetimilehin January 29, 2024
    by Victor Adetimilehin January 29, 2024

    Israel’s largest telecom group, Bezeq, has announced a deal with Generation Capital to form a joint company that will supply electricity to households and businesses across the country. The move …

  • In the NewsMarkets

    Nigeria to Sell Five Power Plants for $1 Billion Amid Energy Crisis

    by Motoni Olodun January 25, 2024
    by Motoni Olodun January 25, 2024

    Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …

  • Energy Transition

    Nigeria’s Solar Power Breakthrough: How a New Project Could Light Up the Country

    by Motoni Olodun January 17, 2024
    by Motoni Olodun January 17, 2024

    Nigeria, Africa’s most populous nation and largest economy has long struggled with chronic power shortages that hamper its development and frustrate its citizens. But a new pilot project in Niger …

  • In the News

    Kenya’s Power Imports Soar as Energy Sector Struggles to Keep Up

    by Motoni Olodun January 16, 2024
    by Motoni Olodun January 16, 2024

    Kenya has seen a sharp rise in its electricity imports from neighboring countries in the past year, as the power demand outstrips the supply from its generation sources. According to …

  • In the News

    West Africa’s Ambitious Power Project Faces Security Challenges

    by Motoni Olodun January 15, 2024
    by Motoni Olodun January 15, 2024

    The West African Power Pool (WAPPO) has announced a $156 million annual budget for its 330kV North Core power transmission project, which aims to connect Nigeria with four other West …

  • In the News

    Mozambique’s Power Grid Under Attack: How Vandals Are Sabotaging the Country’s Energy Supply

    by Motoni Olodun January 2, 2024
    by Motoni Olodun January 2, 2024

    Mozambique is facing a serious threat to its electricity supply as criminals target its power infrastructure, causing millions of dollars in losses and leaving thousands of people in the dark. …

  • In the News

    South Africa’s Power Crisis Deepens as Eskom Faces Record Losses

    by Motoni Olodun December 14, 2023
    by Motoni Olodun December 14, 2023

    South Africa’s state-owned electricity provider Eskom is heading for its seventh consecutive full-year loss as the country grapples with frequent power cuts and rising debt. The utility posted a 1.62 …

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Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
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