On:
In: Cover, Gas, Nigeria

Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding… +

On:
In: Cover, Economy & Investment, Fossil energies, News, Nigeria, Oil

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… +

On:
In: Cover, Economy & Investment, Electricity, Environment, News

This program makes clean cooking appliances more affordable and accessible by prefinancing induction cookers and recovering costs through carbon credit sales in the voluntary market The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) (www.AfDB.org), is tackling charcoal dependence in Kenya, Uganda, and Zambia with… +

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

Ministers praised the significant progress of the Initiative, including the implementation of more than fifteen projects, several of which are already operational. On June 30, 2025, in Ouagadougou, representatives from six member countries of the Desert to Power Initiative approved key strategic documents to boost independent power production in the… +

On:
In: Cover, Economy & Investment, Electricity, Environment, Job, News

The AfDB-funded Post-Cyclone Idai Emergency Recovery Project restored electricity access, revitalizing businesses across communities in Zimbabwe In March 2019, Cyclone Idai tore through Zimbabwe’s eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity,… +

On:
In: Cover, Economy & Investment, Electricity, Gas, Job, News, Nigeria, Oil

Olu Verheijen, Nigerian President Bola Tinubu’s Special Advisor on Energy, will participate as a speaker at AEW: Invest in African Energies as the country undergoes major sector reforms and developments Nigeria’s Special Advisor to President Bola Tinubu on Energy, Olu Verheijen, has joined the 2025 edition of African Energy Week… +