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The Bank of Industry (BOI) has announced that small and large enterprises in Nigeria are experiencing reduced production costs and enhanced operational efficiency due to access to an N825 million clean energy financing. This initiative is part of a broader environmental sustainability effort.
President Bola Tinubu has announced the extension of the Presidential Initiative on Compressed Natural Gas to include electric vehicles, aiming to enhance clean transport, reduce expenses, and improve access to energy across the country.
The Rockefeller Foundation and the Global Energy Alliance for People and Planet have collectively committed more than $100 million to support Mission 300, a World Bank and African Development Bank initiative aiming to provide electricity access to 300 million people across Africa by 2030.
US Secretary of Energy, Charles Wright, emphasizes that energy is essential to the progress of Africa's economy and criticizes Western governments for their paternalistic approach to Africa's energy challenges.
Terracota Energy Group has inaugurated a new Auto Compressed Natural Gas (CNG) facility in Ogere, Ogun State, as part of a broader strategy to enhance cleaner energy access across Africa. This facility aims to support the transportation and industrial sectors with affordable, eco-friendly fuel options.
JMG Limited has unveiled a lease-to-own solar power program aimed at promoting clean energy adoption in Nigeria, especially among businesses and institutions facing high initial costs. The announcement was made during an event in Lagos to celebrate the International Day of Clean Energy.
