Category: Editorial
Progressing sustainability
By Thomas Samuel The synergy between solar, energy storage, and digital technologies is a tangible convergence we can see happening today and represents a major opportunity for sustainable cities and economies. Specifically, this revolution will fuel a huge growth in a number of self-powered and connected objects. For solar street lighting, this exponential growth has…
Brazil’s energy reform at stake in election showdown
Brazil’s energy sector will see a reform agenda gain momentum from a Bolsonaro win, but a change in direction if Haddad can pull off an unlikely comeback. In this piece, Rodrigo Lucchesi examines the strength and weakness of both camps. Brazil’s impending presidential election run-off offers the country’s energy industry two very clear alternatives. The…
Tackling unemployment with alternative energy
A deep research into the unemployment rate in Nigeria which has reached a sky-high level reveals that incessant power failure was one of the major problems confronting the nation’s economy. This drift has led to the gradual collapse of manufacturing industries in Nigeria. It is worrisome that Nigeria has not had it so good in…
Nigeria’s power sector failure, whose fault?
Posers would continue to be raised on what Nigeria has benefitted from privatisation of its power sector. Recall the purpose of privatisation was aimed at confronting various problems obstructing the sector’s development. These include limited access to power, poor generation and usage of power capacity, contradictory roles and responsibilities between government and holding companies, among…
Trump warns China Nuclear Tech exports will fail
By Irina Slav President Trump has warned China that Washington is taking measures to curb the exporting of nuclear technology to China, adding that Americans were not “stupid”, AFP reports as the Department of Energy released yesterday a set of measures “to prevent China’s illegal diversion of U.S. civil nuclear technology for military or other…
Ikeja Electric launches mobile app for customer safety
By Damilola Shittu IKEJA Electric has developed a new mobile app that will help the prevention of customers and employees against electrical hazard. The app named ‘i-Safe’ was unveiled by the management of the firm. The application, developed in Nigeria by Ikeja Electric, is designed to guarantee customer and employee safety with real-time report on…
YAHSAT completes Thuraya acquisition, appoints new CEO
Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya. Ali Al Hashemi, who has led Yahsat Government Solutions, Yahsat’s specialised unit fulfilling defense and governmental client requirements, for…
AIIM announces investment into airport holding company, SEGAP
Africa’s largest and most experienced infrastructure-focused private equity fund manager and a member of Old Mutual Alternative Investments, African Infrastructure Investment Managers (AIIM), has announced its acquisition, through African Infrastructure Investment Fund 3 (AIIF3), of a 50% stake in Société d’Exploitation et de Gestion Aéroportuaires (SEGAP), a holding company with an established portfolio of airport…
Sahara Group co-founder, Tonye Cole to attend BCA annual debate
Sahara Group Co-founder, Tonye Cole, will join high-level African policy-makers, industry leaders and global businesses operating on the continent at the Business Council for Africa (BCA) Annual Debate on April 24. According to a statement by the organisers of the event, Cole, will contribute to a discussion on the prospects for the industrialisation of Africa….
ExxonMobil considers polypropylene production expansion along U.S. Gulf Coast
ExxonMobil has disclosed that it has started detailed engineering work on a potential U.S. Gulf Coast project to expand polypropylene manufacturing capacity by up to 450,000 tons a year to meet growing demand for high-performance, lightweight durable plastics. A final decision on the investment, anticipated to be several hundred million dollars, is expected later this…