Category: Business News
Business News
Tariffs must be addressed to activate the $3.4 trillion AfCFTA offers
“Ideally, AfCFTA should be fantastic for us as a country. For cable industry, we are seen as one of the industries in Nigeria that is already set up fantastically well. If you ask anyone, they will tell you that made-in-Nigeria cables are fantastic. But then, it will make sense that we are able to transcend beyond Nigeria. It will make sense that our members (Cable Manufacturers Association of Nigeria) are able to go into Ghana; are able to go into Ivory Coast; they are able to go into Senegal,” Adubi said.
Schneider Electric commemorates 1,189 days without LTI
Companies track LTI’s to provide their safety departments and management objective information about their internal safety programs
AFC expands Asian capital market footprint with US$160 million Kimchi loan facility led by Mizuho and Shinhan Bank
The successful closure of the 3-year Kimchi loan facility is a positive indication of Korea’s and more broadly Asia’s growing interest in infrastructure investment opportunities in Africa.
African nations need to promote homemade solutions to be energy sufficient -CEO Munyax Eco Rwanda, Francine Munyaneza
We need to invest in research and the development for renewable energies on the continent. African Governments need to set own strategic framework that promote renewable energies. This should have a clear mechanism and regulations that support Renewable energy operators and reinforce their follow-up. Because some governments would establish strict regulations, and even track their implementations. However, on the other side to approve the tariff they are skeptical and want the tariff to be as low as possible which does not reflect the quality and compliance regulations for project execution. We need to promote homemade solutions; I mean African solutions.
The role of data in Africa’s energy transition –White paper
Organisations across Africa are looking to development banks, governments, NGOs and private sector investors to secure financing at scale to support their energy transition objectives.
Africa Energy Indaba: Accelerating energy infrastructure development in Africa
The upcoming Africa Energy Indaba is set to empower attendees with insights to leverage significant opportunities that will ultimately accelerate Africa’s energy infrastructure, subsequently transforming the continent into a competitive, industrialised global player.
New oil field rekindles urgency of restructuring
The inauguration of drilling operations at the Kolmani River Oil Field that straddles Gombe and Bauchi states and with estimated reserves of over one billion barrels of crude potentially diversifies oil production from the Niger-Delta and brings the country closer to its ambition of growing crude oil reserves to 40 billion barrels.
China Renewable Energy Engineering Institute team visits Nigerian Power Minister
The minister reiterated Nigeria’s commitment to renewable energy and seeks partnerships for its energy transition plan.
Ikeja Electric bags Best Performing Disco, Most Gender Diverse Utility Company in 2022
The Chief Executive Officer, Ikeja Electric, Folake Soetan who received the prestigious awards attributed the achievements to the collective efforts of the management and staff of Ikeja Electric, saying “It is our collaborative efforts and teamwork that earned us these worthy awards. As the largest electricity distribution company in Nigeria, we will continue to set the pace in the industry. We are committed to bringing energy to life responsibly to ensure a better life for our customers as they depend largely on electricity to carry out their entrepreneurship”.
Damage to electricity infrastructure: Ikeja Electric cautions against reckless driving
The Head of Quality, Health and Safety Environment, Ikeja Electric, Engr. Jamiu Badmos, made the statement as a result of the incessant collision of vehicles with electricity poles and other electrical facilities in Ikeja Electric’s network.