Lagos – Africa Finance Corporation (‘AFC’) is acting as lead arranger for an up to US$425 million senior mezzanine facility for New Age (African Global…
Nigeria Oil Workers Strike Brings Nation to a Screeching Halt
Total blackout (below 1,600 Megawatts), Fuel Stations Shut causing Long fuel lines, unavailable public transportation and untold hardship are being experienced in Nigeria as Nigerian…
Akon to provide electricity to a million African households
The five-time Grammy nominated artist has initiated a partnership to bring electricity to one million households in Africa by the end of 2014. With two-thirds…
Power Investors Summit: Nigeria
LAGOS, Nigeria – On October 2nd 2013 investors in Nigeria’s power sector gathered to showcase the opportunities arising out of Africa’s most dynamic and exciting economy…
Nigeria set for first private power plant
The first privately owned power plant in Nigeria, Geometric Power Ltd will commence operations in March, Managing Director of the company, Agartha Nnaji has said. She spoke when the National Good…