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Posted By Admin on 17th Aug 2018   

The Landlords and Tenants Association of Nigeria, on Tuesday protested against electricity Distribution Companies (DisCos). The protesters demanded a reasonable billing system and pre-paid meters. The demonstration started on Gasikya Road, Ijora, the group’s headquarters. Over 5,000 men and women,…

Posted By Admin on 14th Aug 2018   

Odyssey Energy Solutions, a Colorado-based renewable energy investment platform, is seeking $500 million for a pipeline of 550 mini-grids across Africa, Asia and Latin America. If funded, the projects could add up to 150 megawatts of solar capacity and 275,000…

Posted By Admin on 14th Aug 2018   

In East Africa, Eritrea plans to launch two solar hybrid power systems that will provide grid quality electricity to 40,000 people and businesses in the towns of Areza and Maidma. In an effort to aid the country in bringing power…

Posted By Admin on 14th Aug 2018   

US-based investment managers Federated Investors and Saudi-based International Islamic Trade Finance Corporation (ITFC) yesterday announced an agreement to launch a sovereign energy trade finance portfolio. Federated Investors and ITFC have worked together on a broad array of Islamic trade finance…

Posted By Admin on 9th Aug 2018   

As Nigeria Electricity Regulatory Commission (NERC) continues to come up with different strategies to revamp the Nigeria power sector, investors and consumers will be hoping the amended Multi Year Tariff Order (MYTO) 2015 will provide lasting solution to the many…

Posted By Admin on 9th Aug 2018   

Nigerian Rensource has successfully raised USD 579 K that will go into combating the electricity problem in Nigeria, in a move to help Small and Medium-Scale Enterprises replace the heavy use of fossil fuel-powered generators with solar systems. Securing the loan from…

Posted By Admin on 7th Aug 2018   

President of Ghana, Nana Addo Dankwa Akufo-Addo on Monday evening relieved a key cabinet minister of his duties, the presidency said in a statement. The August 6, 2018 statement said the president had: “relieved the Minister of Energy, Mr. Boakye…