30 results
- 2 Jul 2012
CIBN Plans Framework for Energy Infrastructure Financing
The Chartered Institute of Bankers Nigeria (CIBN) has concluded plans to create a framework for financing energy infrastructure in the country. Speaking at a press conference in Lagos as a prelude to…
- 6 Aug 2014
GE Plans $2Bn Investment in African Energy Infrastructure
General Electric (GE) has pledged to invest $2 billion in Africa by 2018 to boost infrastructure, worker skills and access to energy, an announcement timed to coincide with a U.S. summit meeting of…
- 27 Feb 2024
WATISE 2024: Experts Set to Tackle Infrastructure Funding Challenges for Rural Telephony & Green Energy
After successfully hosting the first Edition of the West Africa Telecoms Summit and Exhibition (WATISE), a regional gathering of telecoms players and stakeholders in the industry, all is now set for…
- 14 May 2026
FCMB, REA Others Launch $188M Fund to Finance 191mw Solar Capacity
The Green Finance Investment Facility (GFiF), a blended finance platform to mobilise large-scale private and institutional investment into distributed renewable energy infrastructure across Nigeria,…
- 30 Oct 2014
IFC partners FCMB Bank to Develop Smaller Businesses in Nigeria
IFC, a member of the World Bank Group, has announced an $87.5 million loan to Nigerian bank FCMB that will help fund infrastructure, green energy projects, and strengthen smaller businesses in the…
- 6 Jul 2025
Galaxy Backbone, Rural Electrification Agency Commit to Deepening Digital and Energy Access Across Nigeria
In a major step towards deepening Nigeria’s digital and energy infrastructure, Galaxy Backbone Limited (GBB) and the Rural Electrification Agency (REA) have signed a strategic Memorandum of…
- 2 Mar 2023
Middle East Energy Returns to Guide Energy Conversations Across MEA Region
Middle East Energy, the leading energy industry event in the Middle East and Africa (MEA) region, will be making a highly-anticipated return to the Dubai World Trade Centre from 7 – 9 March 2023.…
- 17 Jul 2026
Nigeria Must Build, Not Just Buy, Clean Energy Technologies – NASENI EVC
Mr. Khalil Suleiman Halilu, executive vice chairman of the National Agency for Science and Engineering Infrastructure (NASENI), has called for a fundamental shift in Nigeria's clean energy strategy,…
- 3 Jan 2025
Navigating the Path to Sustainable Telecom Services for Subscribers
By Dinesh Balshingh As Nigeria continues its journey towards becoming a digitally driven economy, reliable telecommunications services remain the backbone of our collective progress. At Airtel…
- 12 Jul 2017
IAEA Rates Nigerian Nuclear Infrastructure High
International Atomic Energy Agency (IAEA) on Wednesday gave the Nigerian Nuclear Regulatory Authority (NNRA) a clean bill of health, describing it as a committed regulatory body that works for the…
- 23 Apr 2019
ROSATOM Dismisses Nigeria’s Nuclear Power Ambition
Jose Bastos, head, Technical and Infrastructure Department, Rosatom State Atomiс Energy Corporation (ROSATOM) has said that Nigeria is yet to record a remarkable success in nuclear energy production…
- 10 Mar 2023
PPC Highlights Role of Renewable Sources in Nigeria’s Energy Mix
PPC Limited, Nigeria's leading engineering and infrastructure development company, has highlighted the key role renewable energy sources play in Nigeria’s energy transition plan and the country’s…
- 3 Jan 2024
Bank Asks Court to Wind Up Oil Firm over N1.6Bn Debt
Nova Merchant Bank Limited, has urged the Federal High Court in Lagos to wind up Midwestern Oil and Gas Company Limited, for allegedly refusing to pay a N1.6 billion debt it owed. The bank made this…
- 20 Jun 2018
AfDB Joins Global Infrastructure Facility as Technical Partner
Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that…
- 5 Dec 2024
AfDB, Italian Insurance Group Sign $6bn Deal to Foster Investment in Africa
In a bid to provide credit protection to foster investment in Africa under the “Mattei Plan”, SACE, an Italian insurance-financial group and the African Development Bank Group (AfDB) have signed a…
- 26 Jul 2026
NCC, REA Partner to Cut Telecom Costs with Renewable Energy
Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have entered into a partnership to deploy renewable energy solutions for telecommunications infrastructure in rural…
- 24 Aug 2020
Ericsson Joins Pathways Coalition for Fossil-free Commercial Heavy Transport
Ericsson has joined The Pathways Coalition, a group of innovative companies representing the infrastructure, utilities, transportation and retail sectors, with the ambition to accelerate…
- 12 Dec 2023
UNIDO Seeks NASENI Collaboration on Renewable Energy Solutions & Industrial Development of Nigeria
United Nations Industrial Development Organization (UNIDO) is seeking the collaboration of National Agency for Science and Engineering Infrastructure (NASENI) to reduce energy poverty in the country…
- 2 Jun 2026
African Electric Vehicle Platform Raises $215m to Scale Electric Mobility in Nigeria, Others
African electric vehicle (EV) platform Spiro has raised $215 million in equity to scale electric mobility and energy infrastructure across the continent. The funding is backed by institutional…
- 7 Sept 2016
Smart Building Market Worth $24.73Bn by 2021-Report
A market research report "Smart Building Market by Building Automation Software (Intelligent Security Systems, Energy Management, Infrastructure Management), Building Type (Commercial, Residential,…
- 2 Jul 2025
NCC, REA Move to Power Telecoms with Renewable Energy
Nigerian Communications Commission (NCC) and Rural Electrification Agency (REA) have teamed up to develop an initiative that will reduce the $350 million annual spending on diesel by telecom…
- 3 Nov 2020
FG Waxes Worriedly over Rising Cyber-Terrorism
Cyber-terrorism- the use of computer network tools to shut down critical national infrastructures (such as energy, transportation, government operations) or to coerce or intimidate a government or…
- 1 Apr 2026
NASENI Renewable Energy Industrial Park Underway as Construction Gains Momentum
The on-going construction works at the National Agency for Science and Engineering Infrastructure, NASENI's Renewable Energy Industrial Park, Gora, Nasarawa State is gathering momentum as the project…
- News24 Aug 2026
Expert Makes Case for ‘Digital Twin’ Technology in Nigeria as Market is Projected @ $21.14b
Elijah Daniel, the Country Sales Director, Process Automation, Sub-Saharan Africa, Schneider Electric, has stated that industrial organizations that prioritize digital twins technology in their operations are likely to realize sustainable returns from their investments.
- 9 May 2018
Expert Urges Govt. to Improve Nation’s Industrial Base
Mr. Collins Agu, an Information Technology expert has urged the Federal Government to address the trend by improving the country’s industrial base. Agu, who is the founder, Technology Development for…
- 12 May 2016
IHS Urges Africa to Replicate Telecoms Revolution on Renewable Energy
Africa must deliver a renewable power revolution, as happened with telecommunications, to reach its ambitious targets, according to a new report commissioned by IHS Towers, the largest mobile…
- 28 Mar 2013
GSMA Launches Mobile Enabled Community Services Programme
GSMA has launched Mobile Enabled Community Services (MECS) programme, which leverages mobile technology and infrastructure to help improve access to basic energy and water services in underserved…
- 2 Dec 2014
IFC to Provide $80M Debt Financing to Azura-Edo Investment
IFC, a member of the World Bank Group, signed agreements to provide $80 million of debt financing to Azura Power West Africa Limited, a 450 MW gas-fired independent power project in Nigeria (the…
- 18 May 2023
AfDB Approves $15m to Close Infrastructure Gap in Nigeria
The board of African Development Bank (AfDB) has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit) to strengthen its capital base and help…
- 10 Oct 2016
Actis $300m Investment Boosts Amaya Capital Azura Power Generation Platform
Amaya Capital, the African-focused principal investment firm is has announced over $300m of equity commitments in its power generation platform. The new investment follows the acquisition by growth…