Investment

KEY POINTS Despite attracting over $2 billion in private-sector funding within two years, Nigeria’s Federal Government is struggling to meet its 2025 nationwide Compressed Natural Gas, CNG, infrastructure goals. Findings …

The recent electricity market deregulation in South Africa and Zambia is expected to attract significant private investment, fostering economic growth and boosting energy security. By dismantling monopolistic structures and introducing …

Africa’s renewable energy sector, valued at $193 billion, presents vast opportunities in solar, wind, and hydro power, driving sustainable growth and energy access.

In a significant development for Nigeria’s energy sector, the state-owned Nigerian National Petroleum Corporation (NNPC) announced a planned investment of $550 million with French energy giant TotalEnergies to develop a …

Canadian pipeline company Pembina Pipeline Corp (Pembina) is throwing cold water on the idea of investing in the newly expanded Trans Mountain pipeline (TMX). The company’s chief financial officer, Cameron …

Rising concerns about growth prospects and policy uncertainty, particularly in the US, are causing investors to pull back from renewable energy funds, threatening the green energy transition.

A newly established Africa Energy Bank has announced plans to invest a substantial $5 billion in various oil and gas projects across the continent. The bank’s ambitious investment strategy aims …

NNPC Ltd is looking to attract foreign direct investment from South Korea for its gas projects, as part of its efforts to boost the country’s gas sector and reduce its …

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

Nigeria, Africa’s largest oil producer, has secured a major investment deal with French energy giant TotalEnergies. The company’s CEO, Patrick Pouyanne, met with Nigeria’s President Bola Tinubu in Abuja on …