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energy

Mozambique, Zimbabwe and Equatorial Guinea to strengthen cooperation in energy and mineral resources sector

September 10, 2022 Steven Addamah 0

Up until September 9th, Zimbabwe’s Minister of Energy and Power Development is in Mozambique for a number of meetings and site visits. Carlos Zacarias, the […]

Mozambique’s President Nyusi to Address Delegates at African Energy Week 2022

August 30, 2022 Steven Addamah 0

Mozambique’s President Filipe Nyusi to Address Delegates at African Energy Week 2022 If Africa is to make energy poverty history in Africa by 2030, the […]

EIB invests €495 million in transport, energy, internet across Africa

December 27, 2018 Geraldine Boechat 0

The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and […]

Morocco, Russia willing to set up tripartite partnership with Africa

October 8, 2018 Khalid Al Mouahidi 0

Morocco and Russia have voiced willingness to set up a tripartite strategic partnership with Africa that would involve both the public and private sectors. Such […]

BRICS bank Okays $600 mln loans for South Africa, China

July 24, 2018 Geraldine Boechat 0

The BRICS Development Bank has approved loans of $300 million for energy projects in South Africa and $300 million for a transportation project in China. […]

Africa: Swedfund Commits $14.7 million to Evolution II Energy Fund

April 26, 2018 Steven Addamah 0

Swedfund, Sweden’s development finance institution that supports companies in Africa, Asia, Latin America and Eastern Europe, has invested SEK 126m in the Evolution II Fund, […]

Shell to invest $1bln a year in renewables energy as of 2020

July 11, 2017 Khalid Al Mouahidi 0

The world’s second largest publicly-traded oil company, Royal Dutch Shell Plc, plans to increase its investment in renewable energy to $1 billion a year by […]

AU secures $150 mln to boost Africa’s geothermal energy

July 4, 2017 Geraldine Boechat 0

The African Union has mobilized about $150 million in geothermal energy development in East Africa, Chinese News Agency Xinhua reported. According to Rashid Ali Abdallah, […]

Benin secures WB loan to ease power crisis

June 29, 2017 Geraldine Boechat 0

The World Bank has granted a loan of $ 60 million (34.6 billion CFA francs) to Benin to improve the energy performance in the west-African […]

Nigeria: Exxon Mobil Closes Doors in Lagos over Workers’ Protest

December 16, 2016 Pawla Nibramich 0

U.S. oil giant Exxon Mobil’s headquarters in Lagos has been shut down, after protesters besieged the company’s offices, protesting the sacking of 150 Nigerian workers. […]

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