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Dangote’s East Africa Refinery, 20,000MW power plans signal continental expansion

Ziggy Ojiegbe Plans by Nigerian industrialist Aliko Dangote to replicate his $20 billion Lagos refinery complex in East Africa emerged as one of the defining announcements at the just concluded Africa Forward Summit hosted by the governments of Kenya and…

Electric power Environment Industry & Commerce Innovation

Dismantling limits: Cherry unveils e-SUV that sails across rivers like boat

Frank Okon Chery has pushed the boundaries of electric off-road technology with the unveiling of the Jetour G700, a plug-in hybrid SUV capable of floating across rivers and functioning like a boat in emergency situations. The development highlights the increasingly…

Business Commerce and Industry Economy Electric power Energy Money Market

Nigeria firms get $83m IFC-Norfund funding for off-grid power development

500,000 households to be connected, 2.9m people to be served Ziggy Ojiegbe A new financing push led by the International Finance Corporation and Norway’s Norfund is set to expand electricity access to millions of Nigerians living beyond the reach of…

Flight without fuel: Electric air taxis signal a clean break for aviation

Frank Okon Aviation took a visible step toward a cleaner future this week as Joby Aviation completed the first point-to-point electric air taxi flights in the history of New York City, signaling that urban air mobility is moving from concept…

Business Electric power Energy Environment

Global solar power generation jumps 636TWh to record 2,778 TWh in 2025

Frank Okon Global solar power generation surged to an unprecedented level in 2025, rising by 636 terawatt-hours (TWh)—a 33% increase over 2024—to reach a record 2,778 TWh, according to the Ember Global Electricity Review 2026. The increase marks the largest…

China’s solar power export to Africa hit 19GW in 2025, toppling Nigeria’s total generating capacity

Frank Okon Chinese firms shipped a significant 19,000 megawatts of solar generating capacity to Africa in 2025, marking a 48% increase on 2024. The scale is striking when set against countries like Nigeria, where total available grid power has at…

UN says renewables guarantee security amid global energy shocks

Ziggy Ojiegbe The conflict in the Middle East is driving up global oil and gas prices, underscoring the strategic value of renewable energy, the UN’s top climate change official warned on Monday. Speaking at the 2026 Green Growth Summit in…

SEFA targets $10 Bn for Africa’s clean energy projects

Sopuruchi Onwuka The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank Group, plans to mobilize more than $10 billion in commercial capital by 2030 to finance clean energy projects across the continent as momentum builds behind…

FG unveils GAMCO to unlock 1,600MW of stranded power

Sopuruchi Onwuka The Niger Delta Power Holding Company (NDPHC) Plc and other players in the Nigerian upstream power sector will soon find enhanced access to the high demand domestic electricity supply market following moves to establish a special purpose entity…

Asia’s EV Revolution Accelerates on Iran War Oil Shock

Ziggy Ojiegbe  The shift from internal combustion engine vehicles to electric vehicles (EVs) across Asia is gaining fresh momentum as fuel prices surge following the war in Iran, which has rattled global oil markets. Southeast Asia, where the transition to…