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Brazil’s Ministry of Mines and Energy is set to hold its first battery storage auction in the second half of 2025, delayed from June due to its unprecedented nature. Secretary …
Brazil to Hold Inaugural Battery Storage Auction in 2025 Read More
South Africa has allocated R1 billion to enhance local production of electric vehicles and batteries, aiming to transition its automotive industry by 2035. This initiative is a part of a …
South Africa Allocates R1 Billion for Local Electric Vehicle Production Read More
Japan’s MUFG Bank is lending €400 million to Côte d’Ivoire to support infrastructure and economic development, reflecting its commitment to enhancing financial cooperation in Africa. Japan’s MUFG Bank is extending …
MUFG Bank’s €400 Million Loan to Côte d’Ivoire: A Strategic Investment Read More
Nigerian authorities are taking cautious steps to regulate the largest cryptocurrency market in Africa. This move aims to bring legal clarity to a sector known for fraud and volatility, reflecting …
Nigerian Authorities Cautiously Regulate Africa’s Largest Cryptocurrency Market Read More
Wärtsilä’s report outlines a roadmap for Nigeria to become 100% renewable by 2060, emphasizing the need for a data-driven energy strategy. Key elements include 1,200 GW of renewable capacity, 283 …
Wärtsilä Report Advocates for Nigeria’s 100% Renewable Energy Future by 2060 Read More
The EFCC reports that over ₦50 billion recovered from fraudsters in 2024 is being allocated to the Nigerian Education Loan Fund. Established in 2024, NELFUND aims to remove financial barriers …
EFCC Allocates ₦50 Billion Recovery to Nigeria’s Education Loan Fund Read More
Nigeria has expressed its intention to host the COP32 climate summit in Lagos in 2027, claiming it has the capacity to successfully manage the event. With support from government officials, …
Nigeria Proposes Lagos as Host for COP32 Climate Summit in 2027 Read More
Civil works for Gabon’s 125MW Owendo gas-to-power plant will begin in June, developed by the Gabon Power Company and Wärtsilä in a BOOT IPP framework. The Owendo gas-to-power plant in …
Gabon to Initiate Work on Owendo Gas-to-Power Plant in June Read More
Nigeria aims to host the COP32 climate summit in Lagos in 2027, highlighted by government officials during a visit from UN climate chief Simon Stiell. Nkiruka Maduekwe and Tokunbo Wahab …
Nigeria Pursues COP32 Climate Summit Hosting Rights in Lagos Read More
Nigeria joins the EBRD as its 77th shareholder, aiming to boost economic growth. The membership, approved by the EBRD’s Board of Governors, underscores Nigeria’s potential for development, with plans to …
Nigeria Joins EBRD to Enhance Economic Growth and Development Read More