Ethiopian PM Says #GERD Holds Multiple Benefits for Downstream Countries, East African Region

Prime Minister Abiy Ahmed said the Grand Ethiopian Renaissance Dam (GERD) holds multiple benefits for the two downstream countries of Sudan and Egypt, as well as the East African region at large. In his statement released today, the premier described the renaissance dam as a good example that is demonstrative of the principle of cooperation….

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All On And USADF Announce 13 Winners Of The $100k 2021 Nigeria Off-Grid Energy Challenge

Today, the U.S. African Development Foundation (USADF) and All On announced that 13 wholly Nigerian-owned enterprises have emerged as winners of the 2021 Nigeria Off-Grid Energy Challenge. The annual Challenge is a multi-year partnership between USADF and All On to identify and scale innovative off-grid solutions to “power up” unserved and underserved areas in Nigeria….

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BREAKING: AMCON Takes Over IBEDC

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company(IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development, The Nation gathered. Ayodele, in the January 20 memo, said the company fell under receivership…

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FCCPC, Shippers’ Council Sign Agreement For Fair Competition

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a Memorandum of Understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure fair competition among operators in the industry. FCCPC’s Chief Executive Officer, Mr Babatunde Irukera, said at the ceremony on Thursday, in Abuja that the move would remove bottlenecks and increase effective commerce…

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