Eandel Magazine

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African Development Bank (AfDB) has invested US$1 billion to upgrade 12 hydropower plants. The latest report by the International Hydropower Association(IHA), shows …

About half a dozen of key African countries have opposed Nigeria’s bid to host the African Energy Bank. The countries include Ghana, …

The African Development Bank’s Macroeconomic Performance and Outlook (MEO) report, released on Friday, predicts that African countries will have the world’s fastest-growing …

Seaports in Africa are the lifelines of global trade on the continent. They are hubs that connect producers, suppliers and consumers on …

Africa is home to some of the world’s most substantial gold reserves, with several countries holding over 100 metric tons of this …

Top 15 Highest Bridge in West Africa: From towering cable-stayed bridges spanning expansive rivers to sleek flyover bridges easing inner-city traffic, the …

Royal Dutch Shell has launched a major divestment of its Nigerian assets, especially those in the shallow water and onshore, several sources …

The Federal Government, on Monday, urged the United Arab Emirates to invest in the renewal and reconstruction of the more than 50-year-old …

Ghana’s crude oil production has declined for the fourth consecutive year, according to the 2023 Annual Report by the Public Interest and …

Nigeria regained its position as the largest producer of crude oil in Africa in April. The Organisation of Petroleum Exporting Countries, OPEC, …

The Federal Government has assured that it would avoid the non-inclusion of Innoson Vehicle Manufacturing Company Ltd (IVM) in the award of …

Nigerians struggling with unreliable electricity may soon find relief, and the country could see a significant economic boost, according to a new …

A newly published report ‘Africa Pulse’ by the World Bank said the trend since 2019, has been downwards recording a significant decline …

Amidst the ongoing economic turbulence in Nigeria, the depreciation of the Naira has inflicted a significant blow to businesses and importers. The …

Nigerian Breweries has vowed to remain consumer focused despite the economic headwinds which saw the brewery giant recording some upsets in its …

The Secretary to the Government of the Federation, Boss Mustapha, on Tuesday said the power project through the German company, Siemens, would …

Construction has kicked off on a factory that will be able to produce 10,000 Tesla Megapack battery storage units a year. The …

The initiative is aimed at creating job opportunities and stimulating economic growth in the country. According PUNCH News, Speaking on why the …

This development has come as a relief to many, especially after the Naira’s value plummeted to an all-time low of nearly N2,000 …

Transmission Company of Nigeria (TCN) has said that grid disturbances/system collapses have declined by 76 per cent, 47 per cent. It also …

In the world today, the topic of the relevance of electricity to development has progressed; especially in the last decade, to a …

Electricity blackouts have been reported in some parts of Nigeria following the shutdown of Egbin Power Station by the Transmission Company of …

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