Category: Business News
Business News
Why we located Geometric Power in Aba —Bart Nnaji
The second reason is the request from the then Nigerian Minister of Finance, Dr Ngozi Okonjo-Iweala, now the World Trade Organisation (WTO), and the then World Bank President, Dr James Wolfohnson, to build a power 50MW plant in Aba to assist both big and small manufacturers.
AFRICA: OceanHub Africa awards six start-ups for sustainable solutions
Among the winners is SeaH4. The South African-based start-up offers a green energy service to the maritime sector in order to limit their dependence on fossil fuels near the sea.
Why Nigerian Govt should get out from oil and gas sector —El-Rufai
El-Rufai said whatever the government manages turns out bad, and the sectors that are doing well, like entertainment, telecoms, fintech and others, have no government involvement.
Africa should target symbiotic investors with upstream-focused business model to revive Industry —Ogbue
According to her, industry advocacy groups like Oil Producers Trade Section (OPTS) in Nigeria were a useful tool to help push a clear and harmonised set of standards for implementing ESG goals in African countries and working in tandem with the energy ministries.
Solar mini-grids could electrify a billion people by 2030 —World Bank
The World Bank has been scaling up its support to mini-grids as part of helping countries develop comprehensive electrification programs.
Fourth annual Locations Africa Conference holds October 5
The various panels during the conference includes speaker from our partners South African Tourism, the Gauteng Film Commission, KwaZulu-Natal Film Commission, African Film Commissions Network, and WESGRO, Mpumlanga Tourism and Parks Agency, the private sector, film practitioners among others from the continent and the rest of the world.
Over 2,500 construction professionals to be CPD certified at The Big 5 Construct Nigeria
The Big 5 Construct Nigeria offers an opportunity for event attendees to gain new insights, learn from top industry players as well as connect to a wide range of construction stakeholders
Africa Finance Corporation secures US$100m loans to promote investments in renewable power
The loan will be used to facilitate investments in renewable power, energy-efficient projects, and climate-resilient infrastructure.
Nissan to acquire shares in Vehicle Energy Japan Inc
Nissan will acquire the shares after the completion of regulatory procedures, including necessary approvals and permissions.
Ikeja Electric urges customers to disregard report on the blackout in Lagos
Ofulue explained that the company was embarking on replacement of obsolete panels at the Igando Injection Substation, which is aimed at improving power supply availability to that area. He also pointed out that the exercise will last for 10 days and that only Feeders under Igando, Obadore, Akesan and Egan will be impacted, and not Alimosho or Lagos as erroneously reported.