Manufacturing and Energy

Ghana is developing West Africa’s first integrated petroleum hub, with the aim of enhancing regional fuel security and reducing petroleum costs. The hub is being developed in three phases between 2024 and 2036. The first phase, which broke ground in 2024, includes a 300,000-barrel-per-day (bpd) refinery, a 90,000-bpd petrochemical plant, storage tanks and marine port infrastructure.

Vestergaard Sàrl (https://Vestergaard.com/) has today declared that the Government of the Federal Republic of Nigeria, through the Presidential Initiative for

Afreximbank has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by

In April 2024, Nigeria witnessed a notable increase in oil production, with a rise of 51,000 barrels per day (tb/d)

The electricity production in Nigeria hit 5,000MW in May, marking the first time in three years that this milestone has

Africa possesses an impressive 60% share of the world’s finest solar resources, making it an attractive destination for investors seeking

In March 2024, the global market witnessed a significant rise in the price of crude oil, as stated in OPEC’s

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will present its 2024 oil licensing round during a dedicated session called “Invest

The CEO of the Clean Cooking Alliance, Dymphna van der Lans, has issued a statement in response to the recent

In a significant step towards environmental sustainability and public health, Nigeria unveiled its highly anticipated National Clean Cooking Policy (NCCP)

The recent electricity report from the National Bureau of Statistics (NBS) highlighted an increase in electricity demand in Nigeria during

The Purchasing Managers’ Index (PMI) for Stanbic IBTC Bank Nigeria stood at 51.0 in March 2024, showing no change from

The Nigeria Electricity Report for the fourth quarter of 2023 reveals that the DISCOs collected N294.95 billion in revenue during

The Enugu State electricity market has officially been placed under the regulatory oversight of the Enugu State Electricity Regulatory Commission

TelCables West Africa, a division of the global network Angola Cables, recently unveiled the innovative Partner Program during an event

Band A electricity consumers are those that receive a average daily electricity supply of 20 hours, though many included in the

During a press briefing held in Abuja on Wednesday, Musliu Oseni, the Vice Chairman of the Nigerian Electricity Regulatory Commission

Dangote Refinery has recently started supplying petroleum products to the local market, marking a significant achievement in Nigeria’s journey towards

The Federal Government is reportedly planning to significantly increase electricity tariff ((electricity bill) prices in the coming weeks, by as

The partnership agreement signed on Monday 18th March 2024 between Ikeja Electric and USAID marks a significant milestone in the

We wish to notify all stakeholders in the Nigerian Electricity Supply Industry (NESI) and the general public that NERC has

The African Development Bank (www.AfDB.org) has recently finalized a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals

According to the March 2024 report from the Organization of Petroleum Exporting Countries (OPEC), Nigeria’s oil production decreased to 1.32

Nigerian Exchange Limited has approved the inclusion of 7.5 billion shares of Transcorp Power Plc on its Main Board at

In the past few weeks, the Transmission Company of Nigeria (TCN) has successfully put into operation four power transformers for

This surplus of unsold goods has further exacerbated the financial difficulties faced by manufacturers, as they struggle to generate revenue

GE Vernova, a company dedicated to driving electrification and decarbonization, is committed to accelerating Nigeria’s sustainable energy transition. Through its

Nigeria is strategically positioned with an estimated 203 trillion cubic feet of natural gas, aiming to capitalize on its gas

The commencement of production from the Akpo West field on the PML2 license in Nigeria has been announced by TotalEnergies

The Oil market report for the fourth quarter of 2023, as stated by the International Energy Agency, predicts a slowdown

The 2024 Electricity report by the International Energy Agency (IEA) has highlighted the recurring issues faced by Nigeria’s national power

Dangote Cement, one of Nigeria’s leading cement manufacturers, has experienced significant growth in its market capitalization and share price on

Unilever Nigeria Plc, a leading consumer goods company, has recently made a significant decision to discontinue the production and sale

Shell has agreed to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance,

Dangote Petroleum Refinery (http://www.Dangote.com) has officially commenced the production of diesel and aviation fuel. Alhaji Aliko Dangote, the President of

Afreximbank has just made an exciting announcement – they have disbursed an initial amount of US$2.25 billion as part of

President Bola Tinubu recently had a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister

The latest Monthly Oil Market Report from the Organisation of Petroleum Exporting Countries (OPEC) has revealed a significant drop in

The Dangote Refinery is making significant progress towards starting the production of refined petroleum products. Recently, they received the sixth

The Nigerian National Petroleum Company (NNPC) has assured Nigerians that there will be no hike in the prices of Premium

UTM Offshore and the Nigerian National Petroleum Corporation (NNPC) have joined forces with the Delta State Government to develop Nigeria’s

IFC has taken a significant step towards enhancing access to clean and reliable energy in Africa. They have recently signed

According to data from the National Oil Spill Detection and Response Agency (NOSDRA), there were 399 oil spill occurrences between

In October 2023, there was a widespread increase in the average retail prices per liter of petroleum products, including household

A $20 million Trade Finance Facility Agreement has been signed between the African Development Bank (www.AfDB.org/en) and FSDH Merchant Bank

The Dangote Petroleum Refinery and Petrochemicals plant has acquired 1 million barrels of Agbami crude grade from Shell International Trading

In the effort to lower methane emissions in Nigeria from oil and gas activities, NNPC Ltd. has reaffirmed its commitment

President Bola Tinubu emphasizes that risk management is essential for Africa’s full and quick transition to cleaner energy, stressing that

Ninety percent of Nigerian businesses were negatively impacted by the elimination of fuel subsidies, which began in June 2023. This

The sale of Equinor Nigeria Energy Company (ENEC), which owns a 53.85% ownership in oil and gas lease OML 128

The Rural Electrification Agency of Nigeria, under the direction of the Federal Ministry of Power, is expected to be a

Nigerian Breweries and Daystar Power, a top African supplier of hybrid solar power solutions for companies and industrial manufacturers, inked

According to the National Bureau of Statistics (NBS), the average retail price that consumers paid for automobile gas oil (diesel)

The Fiat Strada, which dominated the Brazilian car market in terms of sales in 2023, is making a foray into

The average petrol price that customers paid in September 2023 was N626.21 per liter, according to data from the National

The best option for a hybrid workflow is the RF 24-105mm F2.8L IS USM Z; for smooth, expert control over

Fanta® is thrilled to present the latest addition to its “What The Fanta” (WTF) lineup: a dessert-themed flavor that, for

Kenya has finally opened its first domestic smartphone assembly plant, a major step toward democratizing smartphone access. President William Ruto

A collaboration agreement was struck by Anglo American Platinum, BMW Group South Africa, and Sasol South Africa Limited to deliver

On the sidelines of the Nigerian Mining Week in Abuja, the Solid Minerals Development Fund of Nigeria (SMDF), a Nigerian

This week, prior to the Strategic Program, the Nigerian Content Development and Monitoring Board (NCDMB) organized a local content and

The 4 (four) 175 MW Francis hydropower turbines and generators at the Zungeru project in Nigeria have been finished and

At a Global Africa Business Initiative event in New York yesterday, His Excellency, Nana Akufo-Addo, President of the Republic of

According to information from OPEC’s September 2023 report, Nigeria’s oil production increased by 9.3% from 1.08 million barrels per day

Meet the Google Pixel 8 and Pixel 8 Pro, designed with AI at the core for a more useful and

According to the National Oil Spill Detection and Response Agency (NOSDRA), 399 incidents of oil spillages occurred in Nigeria between

The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU)/Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPC Ltd) and five foreign oil-producing companies with the aim of swiftly increasing Nigeria’s flagging crude oil production, ensuring adherence to the Nigerian Content Act’s requirements, and expediting document approvals. The NCDMB came up with the idea for the SLA, which is meant to speed up the development of new oil and gas projects, enhance the contracting cycle in the oil and gas industry, and increase oil output. In addition to Mr. Oritsemeyiwa A. Eyesan, the new Executive Vice President Upstream of the NNPC Ltd., Mr. Simbi Kesiye Wabote, also signed the agreement on behalf of the national oil firm. Mr. Osagie Okunbor, Managing Director of Shell Petroleum Development Company (SPDC) and Country Chair of Shell Companies in Nigeria (SCiN), and Mr. Shane Harris, Chairman and Managing Director of ExxonMobil’s affiliates in Nigeria, were among the other prominent business leaders who signed the pact. Others present included Mr. Iwueze Cosmas, Director of Joint Ventures for Chevron Nigeria; Mr. Fabrizio Bloomfied, Managing Director of Nigerian Agip Oil Company Ltd.; and Mr. Obi Imemba, Executive Director of Joint Ventures for Total Exploration and Production Nigeria. The Executive Secretary reaffirmed his view that the objective is attainable with all important parties now on board with the implementation of the SLA by stating that the overarching goal is to complete the tendering to contract award procedures in the oil and gas industry within six months. Being the senior partner in the joint ventures and concessionaire of the production sharing contracts (PSC) agreements that control how the industry operates, he expressed his happiness that NNPC Limited signed the MoU. Wabote noted that the NCDMB originally announced the 15-day Rule to the industry in 2017 when it pledged to react to any formal requests for approvals in connection with the execution of oil industry projects within 15 working days. He mentioned how Nigeria LNG Ltd. pioneered the procedure and set approval records for the LNG Train 7 project before the norm was later formalised with a SLA in May 2017. He continued, “The industry found the outcome impressive leading to Independent Petroleum Producers Group (IPPG) signing the SLA in 2018 and Oil Producers Trade Section (OPTS) thereafter.” Wabote confirmed NCDMB’s status as a business-enabling regulatory body, teasing that “this is attested to by our being recognised and awarded as the most efficient among the MDAs in 2022 by the Presidential Enabling Business Environment Council (PEBEC)”. The NCDMB CEO gave the industry his word that the SLA wouldn’t be an exception and promised that the Board will fulfil its own commitment to the agreement. The first SLA of its sort to be entered into between a regulator and another organisation in the oil and gas industry was the one that was signed with the Nigeria LNG in 2017. The template was approved for use in managing contracts, paperwork, and applications for expatriate quotas between the Board and foreign and domestic operating enterprises. The agreement required NCDMB to receive

According to the company, d.light’s revenues increased by 41% in the first half of 2023. d.light offers low-income people innovative

Enzi Ijayo, a continental green energy think tank, has committed to fill the hole by introducing the initiative at the

Dangote Refinery in Nigeria, the world’s largest oil refinery project, has recently completed construction and commenced production. Over the past

In its monthly oil market report for August 2023, the Organization of Petroleum Exporting Countries (OPEC) announced that Nigeria’s oil

Nigeria’s oil output fell month on month (MoM) to 1.249 million barrels per day (mb/d) in June 2023, according to

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited are to launch the Oil and Gas E–Market

The power bill, which was adopted by the previous administration’s national assembly in July 2022, has been signed into law

With effect from January 2024, the Organisation of Petroleum Exporting Countries (OPEC) has decreased Nigeria’s oil production quota to 1.38

Bboxx has announced the release of a new line of four Solar Home Systems intended to take use of recent

The Energy Transition & Access Facility for Africa (ETAFA) is a new local currency subordinated debt vehicle that was launched

According to Manuel Murrenhoff, Managing Director of Bühler Nigeria, the SnackFix small-scale cereal bar production system from Swiss technology company

Over 400 million tons of plastic are generated globally each year, with an estimated 19-23 million tons ending up in

The Organization of Petroleum Exporting Countries (OPEC) and its partners, known as OPEC+, agreed on Sunday to reduce overall output

Shortlist (http://www.Shortlist.net/) and the African Management Institute (AMI) (https://www.AfricanManagers.org/) have announced the launch of the Energy Access Talent Initiative (EATI),

Petrol, kerosene, cooking gas, and diesel are the major energy goods whose prices have climbed the most between March 2022

Nigeria and Bühler are working together to increase rice production throughout the nation. The initiative, which involves both the state

As producers from OPEC+ suddenly stated that they will limit output, oil prices rose on Monday. The price of WTI,

As a “precautionary measure” to maintain market stability, Saudi Arabia and other OPEC+ oil producers have announced voluntary curbs to

The training and empowerment of 100 youngsters in solar power installation and maintenance has been completed by the Nigerian Content

Scientists estimate that there are currently more than 171 trillion bits of plastic floating around in the oceans. Plastic harms

Net-Zero Villages (NZVs) are communities that are planned with a whole system thinking approach to offset more greenhouse gases (GHG) than they produce, according to PAM Africa, a Nigerian renewable energy business. NZVs, the first of their kind from an African solar company, enhance community residents’ quality of life while also expanding access to energy. Many cutting-edge energy access technologies, including Solar Mesh-Grids, Mini-Grids, Battery Hubs, So-Cool Systems, and E-mobility options, may be found within each NZV. These characteristics make NZVs particularly appealing because they will benefit Africa. In order to deliver clean, dependable, and economical energy, NZVs will be able to address the issue

Renewable energy enterprises that apply to have their projects financed as part of the facility’s Stand-alone Solar for Productive Use

Content Development and Monitoring Board (NCDMB) and Senegal’s Technical Secretary of the National Content Monitoring Committee of Senegal (ST-CNSCL) will

The Solid Minerals Development Fund (SMDF) and Africa Finance Corporation (AFC), the continent’s top provider of infrastructure solutions, are collaborating

More than 3 billion people still live in rural South Asia and Sub-Saharan Africa without access to reliable electricity, and

Amnesty International’s Head of Business and Human Rights Mark Dummett responded to the news that two Nigerian towns that have

The Executive Secretary of the NCDMB, Engr. Simbo Kesiye Wabote, recently commissioned a block of Quality Control and Assurance Laboratories

According to a recent estimate by the International Renewable Energy Agency, Nigeria’s energy demand in 2050 may be supplied by

Blackford Dolphin signed a Letter of Award (LOA) for additional work in Nigeria as a direct continuation of the previously

The recently announced Nigeria 2022 Mini Bid Round will be supported by PGS, a global geophysical company that collects offshore

Husk Power Systems has obtained money from Germany’s DEG, a development finance organization, to support the expansion of the company’s

In order to electrify underserved or unserved communities, Okra Solar, which was founded in 2016, develops mesh-grid technology, which is

The Fund for Export Development in Africa (FEDA) has stated that, subject to adequate due diligence and documentation, it has

Plastic pollution is one of the defining legacies of our modern way of life, but it is now so widespread

In order to make up for the harm that four Nigerian farmers and their communities claim was brought on by

On the sidelines of the 2nd International Conference on Public Health in Africa (CPHIA 2022), which is taking place in

Uncover, a skincare company based in Kenya, has reported that it has secured USD $1 million in seed funding, which

One of the biggest international conferences to confront the situation that even the heads of the plastics industry call a

On November 22, U.S. Consul General Will Stevens and the Lagos State Governor Babajide Sanwo-Olu held a handover ceremony to

CarbonAi Inc., CarbonAi, has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to identify

Finland is set to be one of the first countries to develop a fully circular plastics economy by 2030. Led

The Board of Directors of the African Development Bank Group has approved an equity investment of $20 million in Evolution

In continuation of its operations improvement and power plant modernization plan, Indorama Eleme Petrochemicals Limited (IEPL) and  GE Gas Power

UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG)

Plastic recycling has turned out to be a “failed concept” used by global corporations as a “smokescreen,” Greenpeace USA has

In September 2022, Nigeria’s daily crude oil production, as shown in the monthly oil market report (MOMR) of the Organization of the

Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company and the African Export–Import

The first cargo of vegetable oil for biorefining produced by Eni in Kenya has left the port of Mombasa, on

Kowry Energy, a sustainability-driven energy service provider focused on power provision across Sub-Saharan Africa, announced the successful commissioning of four

Amazon has announced that it is expanding its renewable energy portfolio globally, with an additional 2.7 gigawatts (GW) of clean

The pharmaceutical firm, Sterling Biopharma Limited, has introduced a new product called Fejeron Blood Tonic into the Nigerian market to

A Memorandum of Understanding was signed on Thursday 15 September in Rabat, Morocco between ECOWAS, the Federal Republic of Nigeria

Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter in Africa, announced that the

The African Energy Chamber (AEC) is proud to announce that the Nigerian Association of Petroleum Explorationists (NAPE) has become an

Beacon Power Services (BPS), an energy tech company providing data and grid management solutions to help Africa’s power sector distribute

Americans throw away an estimated 2.5m plastic water bottles an hour. We need international cooperation to protect our planet and

Nigerian independent oil and gas company, Seplat Energy, has announced the commencement of commercial injection of crude oil through the 67km

India is the world’s second-largest manufacturer of plywood. According to industry data, the domestic market reached a value of Rs 243.9 billion

POWERSTOVE Ltd is a manufacturer of clean cook stove in Nigeria.  In this interview, the Chief Executive Officer, Okey Esse shares

Decklar Resources (Decklar), announced the resumption of production from the Oza-1 well at the Oza Oil Field in Nigeria. Decklar

So much plastic pours into the sea every year that species are now endemic to it. A new Guardian series

Renewable energy company EPRO Advance Technology (EAT) has announced a crucial breakthrough process in green hydrogen energy that generates large

Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian

The Regional Off Grid Electricity Access Project (ROGEAP) formally kicked off activities in Nigeria on Tuesday 19 July 2022, in

Nigeria represents one of the continent’s most mature oil and gas markets as well as the second largest oil producer

West African oil and gas service company, Coleman Technical Industries Limited (CTIL) has opened its multi-billion-dollar fibre optic cable manufacturing

The African Energy Chamber (AEC) wholeheartedly supports and congratulates the inauguration of the Nigerian National Petroleum Company (NNPC) Limited and

A powerful and smart SUV from GAC MOTOR, ALL NEW GS4, has been added to the brand’s vehicle lineup in Nigeria on July

CrossBoundary Energy (www.CrossBoundary.com/energy/)is currently delivering over US$188M in projects, serving 30 corporate customers across 14 countries in Africa; US$40M of

A new analysis by Verify Markets shows the African Power Rental Market was valued at $1,065.2 million in 2021 and is expected

African Export-Import Bank (Afreximbank) is pleased to announce its execution of a project preparation facility financing head of terms with

The International Gas Union (IGU) is today releasing its 13th annual World LNG Report, the world’s most comprehensive public source of information on

Bboxx has partnered with Solar Sister, a clean energy and women’s empowerment network operating in several African markets, to implement

Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter in Africa, announced that Accugas,

Carlsberg is to conduct its biggest trial of recyclable fibre beer bottles across Europe. The bottles are made of a

The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guideline which

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to set a minimum percentage of females that must

The Federal Executive Council (FEC) has given the Nigerian National Petroleum Corporation (NNPC) approval to sign an agreement with the

Nigeria’s largest brewing company, Nigerian Breweries, has signed a power purchase agreement (PPA) with sustainable energy company, Konexa, for the

Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African

Decklar Resources announced the commencement of the shipment of crude oil via trucks from the Oza Oil Field to the UPIL

The Federal Government through acting through its Nigerian Electricity Regulatory Commission has approved electricity tariff increase for six Distribution Companies

Nigeria and Morocco are still securing funding for a huge pipeline project that aims to carry Nigeria’s gas to North Africa and onto European

Worley has been awarded a contract to provide main front-end engineering design (FEED Phase II) services for the Nigeria-Morocco Gas Pipeline

Africa is well positioned to utilize its domestic gas resources to address energy poverty, spurring socioeconomic growth and industrialization in

OP Finnfund Global Impact Fund I’s equity funding will enable d.light to provide energy access to millions of people living

The importance of a vibrant manufacturing sector in emerging economies cannot be over emphasized. A functional manufacturing base attracts increased research,

The Nigerian Nuclear Regulatory Agency has opened bidding for the construction of a 4GW nuclear plant, which will provide close

The Nigerian Content Development and Monitoring Board (NCDMB) and the authorities of the Senegalese Petroleum Industry have agreed sign a

Moderna, Inc.,  a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, has announced that with the assistance of the

Kimberly-Clark Nigeria, makers of trusted diaper Huggies® and female sanitary products, Kotex®, is preparing to inaugurate a new manufacturing facility

Energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners – Nigerian National Petroleum

Last week, the OPEC+ group concluded its monthly ministerial meeting and decided to maintain status quo on its pre-approved production

The west African oil rich nation of Nigeria signed a Memorandum of Understanding (MoU) with Equatorial Guinea at the fifth Nigeria

Zenith Energy announced it has elected to not renew the Option Agreement (the Option) with Noble Hill-Network (NHNL), for the purchase of a

Shelf Drilling announced it has secured a new contract award for the Shelf Drilling Mentor jack-up rig for operations offshore Nigeria.

The U.K. plans to expand low-carbon energy projects throughout Nigeria via a £10 million investment, which will be mobilized through

H. E Mohamed Bazoum, President of the Republic of Niger, and his Ghanian counterpart, H.E. Nana Addo Dankwa Akufo-Addo, Chair

Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter in Africa, announced that its

The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing

Although it undershot the 1.701 million bpd Organisation of Petroleum Exporting Countries (OPEC) output cut in January 2022, Nigeria was

Local authorities have started a crackdown to try put a stop to illegal refining of stolen crude, a process known

Fund for Export Development in Africa (FEDA), a development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has announced that it has invested

Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday inaugurated the ultra-modern 420 metric tons per day

Social impact investor Oikocredit is providing a loan of €5 million to Ecoligo, a provider of “solar-as-a-service” solutions for commercial

Nigerian businessman Aliko Dangote and Akinwumi Adesina, the chief of the African Development Bank, both toured the Nigerian greenfield crude

Nigeria’s Ministry of Petroleum Resources has fully endorsed African Energy Week (AEW) 2022, partnering with the AEC (www.EnergyChamber.org) for the

The AfricaGoGreen Fund (AGG), signed its second transaction, a $5.5 million medium-term senior secured loan with Bboxx, to expand access to

The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) today announced the launch of Etihad 7 at Abu Dhabi

The U.S. Trade and Development Agency (USTDA) has awarded a grant to Nigeria’s Daybreak Power Solutions, a subsidiary of African

PGS has added 10 700 sq. km of 3D MultiClient data to its data library coverage of the Niger Delta,

The Nigerian Upstream Petroleum Regulatory Commission has announced plans to complete the 2020 marginal field bid round program in compliance

To support Africa’s goal of strengthening its production of medicines and reducing its rneliance on imports, IFC and Nigeria’s Fidson

Oil prices slumped 3 per cent on Monday as surging cases of the Omicron coronavirus variant in Europe and the

Contipharma, a pharmaceutical company specializing in the development and marketing of targeted medical solutions, today announces that it is making

African Export-Import Bank (Afreximbank) has signed a $50 million Term Loan facility with Geometric Power Limited in connection with the

The African Export-Import Bank (Afreximbank) and African Risk Capacity (ARC) Group have signed a Memorandum of Understanding (MoU) to jointly

Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to

Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger,

Bboxx, a next generation utility tackling the global energy poverty crisis, has officially launched in Nigeria, Africa’s most populous nation

President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo (DRC) will, from 24 to 25 November 2021, host

Decklar Resources announced the commencement of completion operations for the Oza-1 well re-entry in Nigeria. The Oza-1 well re-entry has

d.light, a innovator of solar, lighting and sustainable products, has announced that it had raised $15 million of equity financing

The State of the Climate in Africa 2020 report highlights the continent’s disproportionate vulnerability but also reveals how investing in

Morocco is currently Africa’s first passenger car manufacturer. Morocco has surpassed South Africa as the biggest exporter of passenger cars on the

EcoFlow, a portable power and renewable energy solutions company, today launches the EcoFlow RIVER mini Portable Power Station in APAC,

A new analysis shows that the global pipeline for new coal power projects is rapidly shrinking as momentum builds for

The African Energy Chamber has entered into agreements with the Nigerian government in order to attract new investment into the

Shell-funded impact investment company All On announced a $2 million investment in fintech company, Infibranches Technologies, to help bridge the

The Department of Petroleum Resources ( DPR) says it is collaborating with the Standards Organisation of Nigeria (SON) to curb

China will roll out a pilot scheme for green power trading in order to guide the society to actively consume

E10 is here to lower CO2 While it hasn’t quite made headlines like the latest couple switch on that televised

Air Products, liquefied natural gas (LNG) technology and equipment provider, signed an agreement with SCD JV S.c.a.r.l, a joint venture

Having operated and maintained assets, deployed and trained workforces in remote locations around the world, and building on years of

Sirius Petroleum, the Africa focused oil & gas production and development company announced it signed a Memorandum of Understanding (MoU)

Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous

Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent

Daystar Power, a provider of hybrid solar power solutions to businesses in West Africa, announced the closing of a $20

Eni announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana. The Eban –

The Board of the Green Climate Fund (GCF) (www.GreenClimate.Fund) has approved $170.9 million in financing for the African Development Bank’s

The Africa Renewable Energy Fund II has achieved its first close at €130 million, following a joint investment of €17.5

SAP SE (NYSE: SAP) today announced that Bboxx, a next generation clean energy and utility provider, has selected the Grow by SAP cloud offering

Saudi Arabian oil group Aramco has lined up banks to help it arrange a sale of US dollar-denominated bonds, three

Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field

During the Ordinary and Extraordinary Shareholders’ Meeting, Total shareholders approved, almost unanimously, the resolution to change the company’s name from Total

Decklar Resources announced that the company continues to make considerable progress on Nigeria’s Oza-1 well re-entry with the camp and

The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently

Starsight Energy, the leading African Commercial and Industrial solar power provider, is delighted to announce the completion of a 950kW

Global science, technology and engineering solutions company KBR, Inc. has announced it will be supporting the development of Nigeria’s first

A company that lost out on a contract to build a multibillion-dollar hydropower plant has filed a $400 million arbitration

The Department of Petroleum Resources (DPR) has said it will continue to guarantee investments, enable participation and authorise activities in

China will raise the retail prices of gasoline and diesel from Thursday, the country’s top economic planner said Wednesday. Based

The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses

With a national annual import of over $337million, the management of Dangote Sugar Refinery Plc has declared its irrevocable commitment

ADM Energy PLC, a natural resources investing company, has entered into a non-binding collaboration agreement with OES Energy Services Limited,

The Department of Petroleum Resources (DPR) has concluded plans to inaugurate the Advisory Council and Body of Neutrals of the

The technology group Wärtsilä has signed a long-term Optimised Maintenance agreement covering power plants in three locations owned by Paras

The African Enterprise Challenge Fund (AECF) launched a $1.2 million Innovation Fund to unlock the potential of renewable energy to create

Newly inaugurated President of the Nigeria Gas Association (NGA), Ed Ubong, has said there are abundant gas resources in Nigeria

The Shell Petroleum Development Company of Nigeria (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of

The Department of Petroleum Resources DPR has inaugurated an initiative aimed at tackling accidents associated with oil and gas operations

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announced that Mayfair

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS) is providing a $965,000 grant to Morocco’s Société d’Ingénierie

The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering have signed the

The World Bank approved $500 million to support the government of Nigeria in improving its electricity distribution sector. The project

ADM Energy PLC, a natural resources investing company, has announced that is has extended for a further 12 months its

International technology group ANDRITZ has received an order from Mainstream Energy Solutions for the modernization of one generation unit at

The Shell Petroleum Development Company of Nigeria (SPDC), completed the sale of its 30% interest in Oil Mining Lease (OML)

Globeleq, an independent power generation company in Africa, has confirmed it will take a 74% majority equity stake in an existing

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the

The European Investment Bank has launched the first ever scheme to strengthen local production of Active Pharmaceutical Ingredients in Africa

The Department of Petroleum Resources (DPR) has shut down a filling station for dispensing adulterated products and seven unlicensed Liquefied

Further to its previous announcements regarding its proposed investment in Decklar Petroleum (Decklar) and the Oza Field in Nigeria, San

The International Renewable Energy Agency (IRENA) and the African Development Bank have agreed to jointly support investment in low carbon

In order to respond to the current global crisis, manage through the uncertainties and seize the identified opportunities, the Managing

Nigeria’s Imo State Governor, Senator Hope Uzodinma led by a team of Seplat executives recently went on a tour of

The Nigerian government has signed a Memorandum of Understanding (MoU) with the Republic of Niger for the transportation and storage

Nigeria’s power sector has recorded its highest national peak of 5,459.50MW power generation, the Transmission Company of Nigeria (TCN) has

Shell Nigeria Gas (SNG) is to facilitate domestic gas infrastructure development in Oyo State following the signing of a Memorandum

Sterling Exploration and Energy Production Company (SEEPCO) and the Nigerian National Petroleum Corporation (NNPC) and have signed an agreement for

GE (www.GE.com) safely completed service interventions on three GE 9E gas turbines at the Niger Delta Power Holding Company (NDPHC)

The absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector,

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil

BUA Group, Africa’s Foods, Mining, & Infrastructure Conglomerates signed an agreement with Axens of France for the supply of process

Akselos has announced the successful deployment of a structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of

IFC announced a financing package to help Engee Manufacturing, a leading Nigeria manufacturer of PET resin used in packaging for

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil

The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of

Rainoil has launched its Liquified Petroleum Gas (LPG) facility and business at its multi-product facility in Ijegun, Lagos, Nigeria. The

In attempt to significantly improve power supply to Igarra town and other communities in Akoko Edo LGA of Edo State,

Nigerian Breweries has announced a Revenue of ₦152 billion for the period under review and Profit After Tax (PAT) of ₦5.7

Lumos, Africa’s solar home system provider, has received new funding from Dutch entrepreneurial development bank, FMO, to expand its existing

The U.S. Trade and Development Agency (USTDA) has awarded a grant to Nigerian natural gas supply company Green Liquified Natural

LEKOIL, oil and gas exploration and production company with a focus on Nigeria and West Africa announced that the Otakikpo

With the final 1,240 tonnes propylene mounded bullet installed at Dangote Petroleum Refinery and Petrochemical complex in Nigeria, Mammoet is

Nigerian electricity distribution company Ikeja Electric has metered over one hundred and twenty thousand households between 2018 and June 2020, in

Application Deadline:8 July 2020.The International Renewable Energy Agency (IRENA) is pleased to announce the launch of a youth video contest

The World Bank approved the Power Sector Recovery Operation (PSRO) of $750 million in International Development Association (IDA) credit to

The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down cost of crude oil production to $10 per

Renewvia Energy Corporation, a global solar developer, and All On, a Nigerian off-grid impact investor announced a partnership to electrify

The Nigerian Content Development and Monitoring Board (NCDMB) has launched BrentPlus, a series of initiatives under its Nigerian Oil and

Nigeria’s Ikeja Electric has added to its scorecard by becoming the first and only company in the sector to earn the

With two of the continent’s most ambitious industrial projects underway, Nigeria’s Dangote Group has achieved the seemingly-impossible with an SAP-led

The Flour Mills of Nigeria Plc (FMN), Nigeria’s food and Agro-allied group, owners of the iconic Golden Penny Foods brand

GP Global, a global energy-to-agriculture conglomerate, says it has made a strategic acquisition of the lubricants assets of Grand Petroleum,

In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia

The great oil crash of 2020 ain’t over yet.US crude plunged nearly 7% and finished at an 18-year low of

Nigeria opened a new front in the oil price war between some of the world’s largest OPEC+ countries, offering to

Shelf Drilling has announced an early termination of a drilling contract for a jack-up rig operating offshore Nigeria.  Shelf Drilling

The Nigerian Postal Services (NIPOST) has joined forces with Dubai based Ukpa Hansa Energy to disseminate solar systems in the rural areas

The African Development Bank (www.AfDB.org) and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical

The Transmission Company of Nigeria (TCN) signed a Memorandum of Understanding (MoU) with the Government of Ekiti State on the

Keppel Offshore & Marine (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard, has delivered the world’s fastest brownfield Floating Production

Dangote Group (www.Dangote.com) has in the last five years invested over N63bn in the South East with the purchase of

VentureBuilder and the United States African Development Foundation (USADF) have partnered to support indigenous African off-grid solar enterprises to sustainably

ENGIE Africa (http://www.ENGIE-Africa.com) is pleased to announce that it has successfully accelerated the Access to Energy (A2E) strategy that it

The U.S. Trade and Development Agency (USTDA) awarded a grant to NNPC Gas and Power Investment Company to provide the

The West African Clean Energy and Environment Conference and Exhibition (WACEE) is the subregion’s leading exhibition and conference for the

Application Deadline:February 29, 2020 USADF and All On are excited to request proposals for the USADF-all On Off-Grid Energy Challenge.

The workplace is changing rapidly. Thanks to mobile and remote working, employees can work wherever and whenever they want. So

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African

Africa Oil Corp announces the closing of the acquisition of a 50% ownership interest in Petrobras Oil and Gas B.V.

The Board of Directors of the African Development Bank (AfDB) has approved a $20 million investment in the Metier Sustainable

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is now providing funds from the AfricaConnect program to help set up a chocolate

The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos

Rensource, a company that provides energy and tech-enabled value services has announced the completion of a $20 million equity financing

Oando, through its upstream subsidiary, Oando Energy Resources, has announced the successful signing of two Gas Supply Agreements (GSA) with

The African Development Bank (AfDB.org) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for

PetroNor announces that it has finalised and entered into separate investment and shareholders agreement with the OML 113 operator, Yinka

Advisory and fund management group, MafAfrique and Unet Energia Italiana, a Company in the free market of energy combined with