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The project, developed under a 25-year BOO model, will expand renewable energy capacity and strengthen Egypt’s power infrastructure.

Nigeria’s upstream regulator has signed a new exploration licence to support offshore data acquisition and attract investment into the oil and gas sector.

The African Development Bank, with Nordic Development Fund, launches a first-of-its-kind P-REC facility to provide upfront capital to mini-grid developers, bringing electricity to 856,000 people in 14 fragile African countries.