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June 30, 2016 - Africa, Business, Oil and Gas

Africa Finance Corporation brokers US$425M for Oil and Gas

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…

March 10, 2016 - News, Nigeria

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…

February 22, 2014 - News

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…

October 23, 2013 - Oil and Gas

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…

January 24, 2013 - News

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…

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