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In most African countries, electricity is still being viewed from a political and moral standpoint, and not an economic one. The business of utility providers are often been muddled with political control.
A decade ago, many low-income households depended on small “I better pass my neighbour” generators to keep the lights on. Today, the trend is rooftop solar. Still, the deeper electricity crisis remains unresolved.
Nigeria’s newest and largest oil and gas free trade zone, the Liberty Free Trade Zone (LFTZ), is increasingly drawing energy developers and industrial investors, with billions of dollars in commitments.
Nigeria’s oil and gas sector holds vast opportunities for investors seeking where to channel their capital. But the landscape is complex and requires careful understanding. This article breaks it down in detail.
The contrast between the renewable boom in Nigeria and the high electricity tariffs has further deepened the line between the rich and the poor. Those who can’t afford mounting expensive solar have no other choice but to pay high electricity bills.
South Africa is stepping up its shift to renewable energy with a new policy aimed at liberalising the market and expanding access. But the question remains: can this be enough to end the cycle of seasonal load shedding?
Nigeria’s oil and gas sector offers immense opportunities for investors. However, unlocking these opportunities requires a clear understanding of the contracts that govern the industry, particularly under the newly revised laws.
Namibia is now at the centre of a reawakening of continental energy. The turning point came in 2022, when two significant offshore oil discoveries by Shell and TotalEnergies in the Orange Basin revealed multi-billion-barrel reserves, sparking global interest.
Backed by decades of experience and billions of dollars in investments, companies like Shell, TotalEnergies, and ExxonMobil are steadily increasing their stakes in the nation’s offshore domain.
Her company, she explained, helps solar firms reduce costs by eliminating the need to keep technicians on payroll indefinitely — especially when there’s no work to be done.