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The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion… +

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Beyond residential connections, many businesses are benefiting from the switch to natural gas — with positive impacts on performance, production costs, and environmental sustainability In the industrial zones of northwestern Tunisia, a quiet revolution is transforming how businesses operate and communities live. Where heavy fuel oil once dominated the energy… +

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Strategic Memoranda of Understanding (MOUs) Signed with Key Partners to Boost Sustainable Energy and Economic Growth The Rural Electrification Agency (REA) has signed multiple Memoranda of Understanding (MOUs) with leading institutions and private sector partners to unlock over N500 billion in investments for renewable energy projects in Nigeria’s underserved rural… +

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The African Energy Chamber and S&P Global Commodity Insights will host a critical workshop at African Energy Week 2025: Invest in African Energies examining how the Dangote Refinery is reshaping West Africa’s refining landscape, regional supply dynamics and crude demand The historic commencement of operations at the 650,000 barrels-per-day Dangote… +

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In: Cover, Electricity, Fossil energies, News, Renewable energies

In 2024, solar photovoltaics were, on average, 41% cheaper than the lowest-cost fossil fuel alternatives Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms. The report confirms that renewables maintained their price advantage over fossil fuels, with cost declines… +

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They will produce 3.5 mln tonnes Algeria has launched a project to build two new low-carbon green cement plants with a combined capacity of 3.5 million tonnes per year as part of a drive to expand eco-friendly industries in construction and other sectors. The North African OPEC producer is also… +