Otedola Reveals Shift in Bank Relations During Business Crisis
KEY POINTS Femi Otedola recounts the devastating financial collapse of his businesses after the 2008 oil price crash and naira devaluation in his new bo| Energy News Africa Plus
KEY POINTS Femi Otedola recounts the devastating financial collapse of his businesses after the 2008 oil price crash and naira devaluation in his new bo| Energy News Africa Plus
KEY POINTS South Africans in low-income areas like Thembisa are protesting rising electricity costs, which are unaffordable for many families. “Ene| Energy News Africa Plus
KEY POINTS Nigerian crude prices have held steady at $73 per barrel amid global volatility and U.S. sanctions targeting India’s Russian oil imports.| Energy News Africa Plus
KEY POINTS BP announces its largest oil and gas discovery in 25 years off Brazil's east coast, with plans to build a production hub. The find comes a| Energy News Africa Plus
KEY POINTS Libya’s National Oil Corporation (NOC) has signed an MoU with ExxonMobil to restart offshore exploration after a 10-year break. The part| Energy News Africa Plus
KEY POINTS The World Bank has approved a $200 million grant to Zambia to expand energy access, particularly for underserved communities. The funding| Energy News Africa Plus
KEY POINTS Eskom's 2025 tariff overhaul has led to an 88% increase in fixed charges, impacting solar power users and raising their electricity bills sub| Energy News Africa Plus
KEY POINTS Eskom’s coal fleet performance has improved, with over half of stations operating above 70% efficiency and some over 90%. Unplanned outa| Energy News Africa Plus
KEY POINTS Libya’s Sharara oil field hits 310,970 barrels per day, the highest level since 2018, signaling a recovery in output. Akakus Oil Operati| Energy News Africa Plus
KEY POINTS Crude oil earned Nigeria $45.6 billion in 2023, making up the bulk of its $63.1 billion in exports. Over 80% of Nigeria’s export revenue| Energy News Africa Plus
