PricewaterhouseCoopers (PwC) highlights Africa’s positive strides in the clean energy transition, citing various countries harnessing the continent’s vast renewable energy potential. The firm underscores the need to balance these efforts with developing fossil fuel resources to expedite the transition and maximize benefits. Andries Rossouw, PwC Africa energy leader, emphasizes the pivotal role of lower carbon…

Nigeria, Africa’s most populous nation, has long stood as an economic powerhouse propelled by the dominance of fossil fuels, particularly oil, in its energy landscape. This historical reliance, while instrumental in fostering economic growth, has also been a double-edged sword, subjecting the country to environmental degradation and vulnerability to global oil price fluctuations. The urgent

Nigeria, Sub-Saharan Africa’s largest economy, faces energy challenges as its fossil fuel dependency, accounting for 90% of energy consumption, contributes to limited electricity access, unreliable power, and high energy costs (World Bank, 2021). This reliance hampers economic growth, affecting businesses and lowering living standards, while also causing environmental issues like air pollution and greenhouse gas

In a momentous effort to enhance economic collaboration, Nigerian and German companies finalized two groundbreaking agreements in Berlin, valued at a significant $500 million. The Presidential spokesperson, Ajuri Ngelale, emphasized the historic nature of these accords, which involve a renewable energy pact and a gas export deal. Union Bank of Nigeria and Germany’s DWS Group

Former Polish President Bronisław Komorowski is set to spearhead efforts towards sustainable and renewable energy in Nigeria and Africa at the African Industrial and Development Conference (AIDCA) 2023. The conference, as conveyed by Adedotun Olaoluwa, President of Dotmount Communications, will not only host a prominent Polish business delegation but also serve as a platform to