Nigeria’s Federal Government has raised ₦728.9 billion through a new power-sector bond as it steps up efforts to clear long-standing debts owed to electricity Generation Companies (GenCos) and improve liquidity across the electricity market. The Series 2 bond is part of the Federal Government’s Presidential Power Sector Debt Reduction Programme, which was created to address […]

Businesses in Victoria Island, Lagos, could soon have a cheaper alternative to relying heavily on diesel generators, as Elektron Energy prepares to launch its 40MW embedded power project in the area. The Victoria Island Power (VIPL) project is designed to provide dedicated electricity to businesses through a gas-fired power plant and a 12.6-kilometre underground distribution […]

Aliko Dangote has credited some of the Federal Government’s major economic reforms with helping create the conditions for the growth of his company’s oil refinery and broader industrial investments. Speaking in Lagos on Monday during the formal launch of the Dangote Petroleum Refinery and Petrochemicals’ initial public offering on the Nigerian Exchange, Dangote thanked President […]

Nigeria’s renewable energy ambitions are entering a new phase. The challenge is no longer just deploying solar panels and mini-grids, but finding the financing, partnerships and systems needed to make those projects sustainable and scale them across the country. That focus was evident in a series of engagements by the Rural Electrification Agency (REA) during […]

Liberia is giving its renewable energy sector another boost by renewing the suspension of import tariffs on qualifying off-grid solar and renewable energy products for one year. President Joseph Nyuma Boakai signed Executive Order No. 168 on August 27, 2026, extending the tariff suspension as part of efforts to expand access to reliable and affordable […]

Nigeria’s renewable energy boom is creating a new challenge: what happens to solar panels, batteries, inverters and other equipment when they reach the end of their useful lives? The United Nations Industrial Development Organization (UNIDO), the E-waste Producers Responsibility Organisation Nigeria (EPRON), and E-Terra Technologies are now exploring ways to tackle that problem through better […]

Africa’s renewable energy sector is expected to expand rapidly over the next five years, with renewable energy capacity projected to grow at a compound annual growth rate of 15.62% between 2026 and 2031. According to a market analysis by Mordor Intelligence, Africa’s renewable energy installed capacity is expected to rise from about 86.95 GW in […]

Nigeria is taking another step toward building more of its own technology, with the National Agency for Science and Engineering Infrastructure (NASENI) unveiling more than 40 products across energy, transportation, healthcare, agriculture and technology. Among the products are electric vehicles and tricycles, CNG conversion solutions, solar irrigation pumps, solar home systems, solar streetlights, portable solar […]