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Solar & Storage
Cornex New Energy Co., Ltd., a subsidiary of China’s GCL Group, has announced major investments in Egypt’s renewable energy manufacturing sector. Together with Egypt-based Kemet Industries Group, the companies plan to invest a total of USD 700…
Transmission Line
South Africa is taking a major step toward changing its power sector as the government has prequalified seven international-led consortia to bid for the country’s first-ever independent transmission project. This move marks a historic shift for a…
Renewable Energy
Ethiopia reinforced its role as a global leader in the energy transition during the 16th Assembly of the International Renewable Energy Agency (IRENA) in the United Arab Emirates. Ambassador Jemal Beker stated that the country, as a founding member…
Renewable Energy
Prime Minister Moustafa Madbouli asserted the Egyptian government’s commitment to supporting the Green Hydrogen Production Project, which is being implemented by Norway’s Scatec in partnership with the Sovereign Fund of Egypt, Orascom Construction…
Renewable Energy
The African Development Bank has underscored the circular economy as both an environmental necessity and a major industrial opportunity at the seventh session of the United Nations Environment Assembly (UNEA-7), held under the theme "Advancing…
Transmission Line
Eswatini is taking major steps to secure its energy future by reducing its dependence on electricity imports and developing its own power projects. For many years, the country has relied on South Africa’s Eskom for more than 80 percent of its…
Solar PV
The European Investment Bank (EIB), through its development arm EIB Global, announced $150 million in financing for the Obelisk solar photovoltaic project in Egypt, marking the inauguration of the first phase of the plant in Qena Governorate.  The…
Renewable Energy
The World Bank approved a $13.30 million concessional financing through the International Development Association (IDA) for Cabo Verde’s renewable Energy and Improved Utility Performance Project (REIUP). The operation is co-financed by a $1.2…
Oil & Gas
Nigeria’s oil and gas performance in 2025 delivered mixed outcomes across the upstream, midstream, and downstream segments. While several activity indicators improved, production targets remained unmet and structural challenges persisted. Therefore…