Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets, expertise and experience to create a new energy entity combining both renewable and non-renewable power generating assets in Africa.
The Bank of Industry (BoI) has commissioned a 24KW micro-grid solar system in Charwa/Chakun, an off-grid community in Markafi local government area of Kaduna State.
United Capital Plc, in partnership with United Bank for Africa (UBA) Plc, has assigned bank guarantees valued at N50.59 billion to the Generation Companies (GenCos) on behalf of the Nigerian Bulk Electricity Trading (NBET) Plc.
Zenith Bank Plc of Nigeria and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, have signed a US$100 Million power sector credit facility.
Huawei has launched its mid-range phone the G-Power into the Nigerian market in partnership with Jumia, having stunning displays in select high traffic location within Lagos State.
The Japanese government as part of its support for Nigeria’s power sector has offered $800 million credit line to Nigeria that will be used to rehabilitate and extend the lifespan of the Jebba power plant.
For the past couple of weeks, the Nigerian public has been speculating and trying to guess what #ThePowerOfSharing! Nigerians can heave a sigh of relief as Huawei is launching the Huawei G-Power #ThePowerOfSharing exclusively on Jumia in Nigeria.
The Energy Commission of Nigeria (ECN) has said that an energy demand study, which it conducted in 2010, had projected that by 2020, Nigeria would be generating 1,500 megawatts (MW) of electricity from nuclear sources.
Dangote Group has concluded preliminary arrangements to build a multi-million naira 500mw electricity plant for the benefit of the people of Kano and its environs.
Shiroro Hydroelectric Power Station has unveiled plans to construct a 300megawatts (Mw) photo voltaic solar power plant on the existing plant premises which was conceded to the North-South Power Company (NSP) Limited on November 1, 2013.