Most Recent World News

Egypt’s Infinity to become Africa’s largest renewable energy company

Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Power in an undisclosed deal that is expected to close this.

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AU Launches Largest Continent-Wide Energy Trading Programme

The African Union (AU) has launched the African Single Electricity Market (AfSEM) which will one day become the world’s largest continent-wide energy trading programme. The initiative is meant to interconnect.

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Tanzania Signs Natural Gas Deal With Equinor and Shell

Tanzania has signed a framework agreement with Equinor of Norway and Shell of the United Kingdom, bringing them one step closer to starting construction on a $30 billion project to.

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EU Seeks Partnership With UAE On Africa Energy Transition And Infrastructure Projects

The European Union, EU,  is looking to partner with the UAE to help accelerate the energy transition and infrastructure development in Africa as part of the 27-member bloc’s €300 billion.

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Algeria Signs New Energy Deal With Italy

President Abdelmadjid Tebboune and his host Sergio Mattarella met at the Quirinale Palace in Rome before a meeting with Prime Minister Mario Draghi to sign a new energy deal. Last.

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Morocco Partners Saudi-Arabia to Intensify Renewable Energy Cooperation

Morocco’s government has signed a memorandum of understanding with Saudi-Arabia on the peaceful use of nuclear power. Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, and Saudi-Arabia’s Minister.

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Morocco Launches First Phase of Noor II Solar Megaproject

Morocco has awarded the tender for 13 projects and launched the construction of seven out of the 14 total projects comprising the solar development plan in the first phase of.

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Nigeria Required $410b in Energy Investment – VP Osinbajo

If Nigerians are to enjoy the recommended 1000 kilowatts hours per year, the country must attract at least 400 billion dollars by 2025. This is according to Vice President, Yemi.

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AfDB Approves $5.5bn Fund for Desert to Power Energy Project

Development finance institution the African Development Bank’s (AfDB) concessional African Development Fund (ADF) has approved a $5.5-million technical assistance grant to kickstart the roll-out of the flagship Desert to Power.

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El-Sisi reviews electricity projects across Egypt

Egypt’s President, Abdel Fattah El-Sisi, met Sunday with Prime Minister, Mostafa Madbouly, and Minister of Electricity and Renewable Energy, Mohamed Shaker. The meeting followed up on electricity projects nationwide. During.

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