·Commission contracts KPMG as partner for award implementation process Forty-two indigenous oil and gas companies have emerged winners of 49 flare sites in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) bid process, the first of such in the history of hydrocarbon exploration and production in the country. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced […]
Tag: Energy
Blockchain technology could offer best opportunity to attain optimal prices in carbon market. As Rwanda is set to launch a carbon market framework at the 28th UN Climate Conference (COP28) in December this year, players in the carbon market believe that the country could have “high-quality carbon credits” that could attract better prices. Carbon credits […]
For well over a decade Ghana was exalted as one of the most promising and fastest growing economies on the continent. But recent reports of the country’s steep economic dip, high inflation and rolling blackouts, popularly referred to as “dumsor”, suggest the era of inconsistent electricity between 2012 and 2016 is back. The west African […]
There are good reasons to be sceptical Eskom’s financial reports from December 2022, read by candlelight as they may have been, paint a picture that may surprise. The embattled utility has been able to bring its debt burden down to about R400-billion, from a peak well over R500-billion in 2020. It has trimmed its other […]
In January this year, the Bulletin of the Atomic Scientists moved its Doomsday Clock to 90 seconds to midnight, an indication that humanity is closer than ever to destroying itself. The existential threats it identifies also impact the people of Africa. The Bulletin, founded by a group of scientists including Albert Einstein, introduced the Doomsday […]