Global law firm Hogan Lovells, on Wednesday published a new report, “Africa and Renewables: Wholesale Change or Short term surge?” The report was launched in Mauritius at the on-going 2018 African Energy Forum, an event that brings together senior decision-makers active in Africa’s energy sector to form partnerships, identify opportunities and collectively move the industry […]
Read More
Africa’s richest man, Aliko Dangote, plans to invest $50bn in the United States and Europe by 2025, in renewable energy and petrochemicals. This is coming after completing almost $5bn of agricultural projects and an $11bn oil refinery in Nigeria. He confirmed the planned investment in an interview with Bloomberg Markets Magazine. “Beginning in 2020, 60 […]
Read More
The International Renewable Energy Agency (IRENA) has said no fewer than 15,000 people were employed in the renewable energy sub-sector of the power industry in Nigeria, Ghana, Zimbabwe, Namibia and other countries in West Africa and Southern Africa (excluding South Africa) in 2016. The Agency, a renewable energy research group, in an online report on […]
Read More
Vice President Yemi Osinbajo on Monday stated that opportunities in the petroleum industry were narrowing and might be over sooner than expected as a result of the increasing breakthroughs in renewable energy use as well as the expansion in the patronage of electric vehicles globally. According to him, although Nigeria needs oil as it works […]
Read More
Today, Power Africa announced a new partnership arrangement with the Government of Japan focused on reducing energy poverty and increasing access to sustainable energy in sub-Saharan Africa. The Memorandum of Cooperation (MOC) between the United States and Japan — signed by the United States Agency for International Development (USAID) and the Ministry of Foreign Affairs […]
Read More
The Federal Government has set a target to expand reliance on renewable energy to 50% of its power output by 2020, according to Vice President Yemi Osinbajo (SAN). Speaking on Thursday at the Presidential Villa while receiving a delegation led by the Indian High Commissioner in Nigeria, Mr. B. Nagabhushana Reddy, Professor Osinbajo explained that […]
Read More
