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Tag: ENERGY TRANSITION

An oil exploration scene showcasing offshore drilling rigs in African deep waters with a sunset backdrop.
Companies / Technology

Petrobras to Focus on Africa for Exploration Beyond Brazil

June 7, 2025June 7, 2025 - by Carmen Mendez - Leave a Comment

Petrobras CEO Magda Chambriard announced the company’s plan to focus on Africa for exploration beyond Brazil. Countries like the Ivory Coast, Nigeria, and Namibia are key targets for collaboration. Recent …

Petrobras to Focus on Africa for Exploration Beyond Brazil Read More
Technology

Impending Ban on Solar Imports in Nigeria: Risks and Concerns

April 2, 2025April 2, 2025 - by Liam Nguyen - Leave a Comment

Chidi Okonkwo, a Nigerian businessman, warns that the government’s plan to ban solar imports may escalate energy costs in a country reliant on solar due to erratic national grid supply. …

Impending Ban on Solar Imports in Nigeria: Risks and Concerns Read More
Companies

Glencore Appoints Martín Pérez de Solay as New CEO in Argentina

April 1, 2025April 1, 2025 - by Allegra Nguyen - Leave a Comment

Glencore has appointed Martín Pérez de Solay as CEO in Argentina to lead key copper projects, El Pachón and MARA. He brings extensive experience in mining, energy, and finance and …

Glencore Appoints Martín Pérez de Solay as New CEO in Argentina Read More
Companies / economics

World Bank Set to Approve $632 Million Loan Package for Nigeria

March 31, 2025March 31, 2025 - by Carmen Mendez - Leave a Comment

The World Bank is set to approve a total of $632 million in loans for Nigeria, focusing on nutrition and basic education. This comes amidst concerns regarding Nigeria’s rising debt, …

World Bank Set to Approve $632 Million Loan Package for Nigeria Read More
Companies

Ghana Engages US and China for Nuclear Power Development

March 28, 2025March 28, 2025 - by Marcus Chen - Leave a Comment

Ghana has selected the U.S. and China as vendors for its first nuclear power plants. NuScale Power and Regnum Technology Group will build Small Modular Reactors (SMRs), while China National …

Ghana Engages US and China for Nuclear Power Development Read More
Companies

Central Bank of Nigeria Establishes Open Banking Guidelines to Enhance Financial Services

March 27, 2025March 27, 2025 - by Marcus Chen - Leave a Comment

The Central Bank of Nigeria has released open banking guidelines, the first of their kind in Africa, designed to regulate data sharing among financial institutions. This initiative aims to enhance …

Central Bank of Nigeria Establishes Open Banking Guidelines to Enhance Financial Services Read More
Companies

World Bank Raises Concerns Over Nigeria’s Statistical Quality and Investment Needs

March 27, 2025March 27, 2025 - by Carmen Mendez - Leave a Comment

The World Bank has highlighted Nigeria’s inadequate statistical performance compared to peers like Mexico and South Africa. A World Bank delegation, led by Country Director Ndiame Diop, suggested an annual …

World Bank Raises Concerns Over Nigeria’s Statistical Quality and Investment Needs Read More
Companies

IAEA Mission Assesses Bolivia’s First Nuclear Research Reactor

March 24, 2025March 24, 2025 - by Carmen Mendez - Leave a Comment

The IAEA recently assessed Bolivia’s RB-01 nuclear research reactor to ensure safety standards during construction. Scheduled to operate by 2025, it will be the world’s highest research reactor. The mission …

IAEA Mission Assesses Bolivia’s First Nuclear Research Reactor Read More
Climate change / Technology

Ecuador’s Energy Minister Calls New Fuel Leak in Amazon an ‘Attack’

March 23, 2025March 23, 2025 - by Allegra Nguyen - Leave a Comment

Ecuador’s energy ministry reported a new fuel leak in the Amazon, describing it as an “attack” following a previous significant spill. This situation has raised concerns about water safety and …

Ecuador’s Energy Minister Calls New Fuel Leak in Amazon an ‘Attack’ Read More
Companies

KoBold Proposes Development of Major Lithium Deposit in Congo

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

KoBold Metals, funded by Bill Gates and Jeff Bezos, proposed to develop a major lithium deposit in the Democratic Republic of Congo, potentially marking the first significant U.S. mining investment …

KoBold Proposes Development of Major Lithium Deposit in Congo Read More

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