The European Union is strengthening its push for clean energy imports by investing in renewable energy projects across North Africa and the Middle East, aiming to enhance energy security while supporting its long-term decarbonisation goals. This week, the European Commission announced a $5.8 billion funding package for renewable energy infrastructure in the region. Brussels expects…
Nigerian entrepreneur Tobechukwu Arize is positioning PowerLabs at the forefront of industrial energy management, developing technology solutions designed to help businesses gain greater visibility over energy consumption and improve operational efficiency. Headquartered in San Francisco, PowerLabs was established in 2023 with a mission to address one of the most pressing challenges facing commercial and industrial…
Reliable electricity remains a major challenge for many rural communities across Nigeria, limiting business growth and economic development. However, the expansion of renewable energy infrastructure is beginning to transform local economies while creating new opportunities for women-led enterprises. In Namu, a farming community in Plateau State, rice mill owner Victoria Ali has experienced first-hand the…
Senegal is moving ahead with plans to establish a nationwide gas transportation network, with state-owned Réseau Gazier du Sénégal (RGS SA) advancing a series of pipeline projects designed to underpin the country’s emerging gas economy. The initiative comes as RGS Chief Executive Officer Pape Momar Lô prepares to participate in the 2026 OTC World Series…
Ghana is taking a significant step towards strengthening its downstream energy sector by resuming the domestic refining of crude oil produced from its offshore fields. The move forms part of a broader strategy to retain more value from the country’s hydrocarbon resources and reduce dependence on imported petroleum products. President John Dramani Mahama announced that…
The global artificial intelligence boom is driving unprecedented demand for electricity, creating new opportunities for gas-producing countries such as Nigeria. As technology companies expand AI infrastructure, securing reliable power has become a strategic priority, placing energy supply at the centre of the digital economy. Across North America and Europe, major technology firms are increasingly partnering…
Nigeria’s downstream petroleum market shifted again over the weekend after the Dangote Petroleum Refinery announced fresh cuts to ex-depot fuel prices, reinforcing its growing influence over the country’s refining and fuel supply landscape. The refinery reduced petrol prices to about US$0.73 per litre from US$0.74, while diesel fell more sharply to approximately US$0.99 per litre…
British development finance institution British International Investment (BII) has committed US$20 million to Anzana Electric Group in a move aimed at accelerating distributed renewable power deployment across Africa, with an initial focus on run-of-river hydropower. The financing package is intended to unlock a segment of the African power market that has historically struggled to attract…
African heads of state used the opening of the 2026 Annual Meetings of the African Development Bank Group in Brazzaville to sharpen calls for accelerated investment in energy infrastructure, industrial expansion and climate-linked projects, with leaders emphasising the need to unlock greater private capital to support Africa’s long-term growth. The presidential dialogue, held on Tuesday…
The rapid expansion of artificial intelligence is reshaping electricity markets, with hyperscale technology firms increasingly securing long-term clean power to support energy-intensive data centre operations. A new agreement between Meta Platforms and Enbridge reflects this shift. The companies plan to develop a US$1.2 billion hybrid solar and battery storage project in Wyoming to support Meta’s…
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