Billions approved by African Development Bank for renewable energy projects in Africa

African Development Bank has approved over R4.4 billion to support Morocco and Côte d’Ivoire’s renewable energy projects. These projects are expected to boost power supply and contribute towards the economic growth of their countries. In a statement by AfDB, more than 600 million people in the African continent do not have access to electricity which has […]

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Algeria’s Shale Gas Plans

Algeria, a North African country, needs to exploit its shale gas resources to balance a rise in local energy consumption that is affecting vital exports, but time and far-reaching reforms at the state energy firm will be required to develop the industry. The North African country is a key gas supplier to Europe, but exports […]

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Ethiopian Stops Negotiations to Manage Arik Air

Ethiopian’s chief executive has disclosed that Ethiopian airlines has ended negotiations with the Nigerian government to manage the biggest private Nigerian airline, Arik Air. Through the Asset Management Corporation of Nigeria (AMCON), the government of Nigeria has taken control of Arik Air after the airline failed to pay its employees and creditors for months and […]

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China powers Africa to limit energy deficit

The narrowing of Africa’s power deficit has been contributed to by China. The deficit is a perennial problem that still leaves two thirds of the population in sub-Saharan Africa without access to reliable electricity supply. Chinese firms have successfully built or are in the process of building many hydro-power plants across the continent in 2017. […]

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