Senegal is on the verge of committing $2.7 billion to its international programme aimed at reducing emissions and cutting reliance on fossil fuels, contingent on the ruling party’s success in this weekend’s parliamentary elections. “If Prime Minister Sonko’s party wins a majority, an announcement could come quickly after the election,” said Remy Rioux, CEO of […]Read More
In a time when leadership often feels distant, disconnected, and weighed down by broken promises, Governor Ademola Adeleke of Osun State stands out as a beacon of hope and renewal. His journey from an outsider in politics to a transformational leader is nothing short of remarkable. With his hands-on approach, clear vision, and dedication to […]Read More
Nigeria and some other African countries are set to be beneficiaries of $90 billion in electricity funds backed by the World Bank and the African Development Bank. The fund is part of the global financial institution’s plan to provide electricity to the 300 million African population by 2023, a Bloomberg report revealed. On Friday, leading […]Read More
The Nigerian government has begun distributing 10,000 compressed natural gas (CNG) conversion kits across the country, as part of the Presidential Compressed Natural Gas Initiative (PCNGi). This is the first step towards a larger target of distributing one million kits by 2027. President Bola Tinubu had earlier mandated the provision of one million free CNG […]Read More
President Bola Tinubu has approved N108 billion for the 36 states of the federation to tackle flooding, erosion and other natural disaster. This was made known on Wednesday by Vice President Kashim Shettima at the State House in Abuja, the nation’s capital. Receiving the Speaker of the House of Representatives Speaker Abbas Tajudeen, the Vice […]Read More
Africa50, a leading pan-African infrastructure investment group, has pledged $100 million to accelerate renewable energy projects and infrastructure across Africa. This $100 million investment stems from a collaboration agreement between Africa50 and the International Renewable Energy Agency (IRENA). The funds will be managed through IRENA’s Energy Transition Accelerator Financing (ETAF) platform. IRENA revealed that the […]Read More
Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to Joseph McMonigle, the Secretary General of the International Energy Forum. Copper is the most essential mineral for societal development, but growing electrification needs globally cannot be met if limited supplies of copper are taken […]Read More
The US and China have pledged to further cooperate on methane reduction, among other things, following a first meeting between the countries’ new climate envoys on May 8-9, in Washington. The meeting follows video conferencing between the two sides in January under their “working group on enhancing climate action in the 2020s” initiative. China and […]Read More
Egypt has inked seven memoranda of understanding (MoUs) with international developers in the green hydrogen and renewable energy domains. These agreements, poised to attract investments totaling approximately $40 billion over the next decade, mark a pivotal step in Egypt’s ambitious green energy agenda. According to Planning Minister Hala al-Said, the investment landscape is set to […]Read More
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