Dangote Industries to build new oil refinery in Nigeria to process oil for local and export markets

Dangote Industries to build new oil refinery in Nigeria to process oil for local and export markets

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NIGERIA – Dangote Industries, one of the largest indigenous conglomerates in sub-saharan Africa is in the process of building a refinery with a capacity of 650,000 barrels of oil per day (bpd). According to Dangote Industries, the refinery, described as the world’s…

UK, France, Netherlands commit US$350m in support of Africa’s solar energy

UK, France, Netherlands commit US$350m in support of Africa’s solar energy

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AFRICA – France, The Netherlands and the United Kingdom have committed to invest US$350 million in solar energy and electricity storage in Africa, Afrik21 reported in September this year. The strategic investment comes at a time when Africa is relying on renewable…

Ghana to launch wholesale electricity market to lower power costs

Ghana to launch wholesale electricity market to lower power costs

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GHANA – Ghana Grid Company Limited (GRDCo), has announced that it will be launching the first ever wholesale electricity market in Africa next year. While delivering the news, GRDCo’s chief executive officer, Mr Jonathan Amoako-Baah, said that the move will allow for…

UNDP partners with Sahara Group to boost access to sustainable energy in Africa

UNDP partners with Sahara Group to boost access to sustainable energy in Africa

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AFRICA – The United Nations Development Programme (UNDP) and the Sahara Group have unveiled the Africa Renewable Energy Forum. The goal of the forum is to boost access to sustainable energy for 10 million households in Africa through alternative energy initiatives and…

Petrocam launches 11th solar-powered station, plans to have 50 fuel stations by 2024

Petrocam launches 11th solar-powered station, plans to have 50 fuel stations by 2024

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NIGERIA – Petrocam Trading Nigeria Limited, an operator in the nation’s downstream oil sector, has announced its aim to increase the number of its fuel stations across the country to 50 in the next five years. The Managing Director, Petrocam Trading Nigeria…

Abuja Electricity Distribution Company secures US$1.06m for solar energy development

Abuja Electricity Distribution Company secures US$1.06m for solar energy development

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NIGERIA – The Abuja Electricity Distribution Company (AEDC) has secured a grant of US$1.06m from the United States Government through its US Trade and Development Agency (USTDA) for solar energy development. The money will be used to fund the installation of 1,370…