Africa recorded its fastest solar growth on record in 2025, driven by a surge in utility-scale projects, and could add more than six times last year’s annual capacity by 2029, according to a new industry report.
Africa recorded its fastest solar growth on record in 2025, driven by a surge in utility-scale projects, and could add more than six times last year’s annual capacity by 2029, according to a new industry report.
Photovoltaic solar panels cover car parking spaces at a Makro wholesale store, operated by Masstores (Pty) Ltd., in Johannesburg, South Africa, on Friday, Aug. 18, 2023.
High-ranking officials disgruntled over stalled promotions led an alleged conspiracy to overthrow Nigeria’s president late last year, according to an investigation into a plot previously denied by the authorities.
High-ranking officials disgruntled over stalled promotions led an alleged conspiracy to overthrow Nigeria’s president late last year, according to an investigation into a plot previously denied by the authorities.
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in the West African nation.
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in the West African nation.
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in the West African nation.
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in the West African nation.
Nigeria has set up a joint committee with Turkey to more than double bilateral trade to $5 billion, as the West African nation turns to the Middle East to diversify its economy and attract investment.
Nigeria has set up a joint committee with Turkey to more than double bilateral trade to $5 billion, as the West African nation turns to the Middle East to diversify its economy and attract investment.
Turkish President Recep Tayyip Erdogan and Nigerian President Bola Ahmed Tinubu in Ankara, Turkiye on Jan. 27.
Nigeria’s finance minister said he expects the central bank to cut interest rates soon if inflation continues to cool, easing pressure on government finances strained by volatile oil prices.
Nigeria’s finance minister said he expects the central bank to cut interest rates soon if inflation continues to cool, easing pressure on government finances strained by volatile oil prices.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
The Oban Biosphere Reserve, in Calabar, Cross River, Nigeria.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
The Oban Biosphere Reserve, in Calabar, Cross River, Nigeria.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria is targeting as much as $3 billion a year in carbon-market revenue after approving a framework that opens one of Africa’s largest economies to large-scale trading of emission allowances.
Nigeria is targeting as much as $3 billion a year in carbon-market revenue after approving a framework that opens one of Africa’s largest economies to large-scale trading of emission allowances.
Flames from a flare stack. Photographer: Luke Sharrett/Bloomberg
Nigeria is set to pass a law that would place it among the first African countries to regulate artificial intelligence, tightening oversight of one of the continent’s fastest-growing digital markets after years of largely unchecked expansion by global technology firms.
Nigeria is set to pass a law that would place it among the first African countries to regulate artificial intelligence, tightening oversight of one of the continent’s fastest-growing digital markets after years of largely unchecked expansion by global technology firms.
Customers at a telecoms store in Nigeria. Photographer: Jean Chung/Bloomberg
Nigeria’s state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said.
Nigeria’s state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said.
A customer waits for a container to be filled with fuel at a Nigerian National Petroleum Company Ltd. (NNPC) gas station in Lagos, Nigeria, on Wednesday, Aug. 23, 2023. Gasoline prices have more than tripled since the subsidies were abolished on May 29, exacerbating a cost-of-living crisis in Africa’s biggest economy.
After the US warned that more strikes may follow its surprise Christmas Day attack on suspected terrorist targets in Nigeria, officials in the West African nation suggested they’d be open to continued intervention.
After the US warned that more strikes may follow its surprise Christmas Day attack on suspected terrorist targets in Nigeria, officials in the West African nation suggested they’d be open to continued intervention.
Nigeria secured about $1.2 billion in funding from the United Arab Emirates to help build part of a new freeway, the West African nation’s presidency announced Friday.
Nigeria secured about $1.2 billion in funding from the United Arab Emirates to help build part of a new freeway, the West African nation’s presidency announced Friday.
Suspected Boko Haram insurgents detonated an explosive device at a mosque in Maiduguri, the capital of Nigeria’s northeastern Borno state, killing at least five people, police said.
Suspected Boko Haram insurgents detonated an explosive device at a mosque in Maiduguri, the capital of Nigeria’s northeastern Borno state, killing at least five people, police said.
People inspect the scene of a deadly bomb explosion at a mosque in Maiduguri, Nigeria, Thursday, Dec. 25, 2025. (AP Photo/Jossy Ola)
Nigeria is in advanced talks with Alphabet Inc.’s Google for a new undersea cable to strengthen the West African nation’s digital resilience, a senior government official said.
Nigeria is in advanced talks with Alphabet Inc.’s Google for a new undersea cable to strengthen the West African nation’s digital resilience, a senior government official said.
Nigerian inflation eased more than expected in November and — aside from an anticipated blip next month — is likely to continue slowing next year, strengthening the case for policymakers to resume interest-rate cuts when they meet in February.
Nigerian inflation eased more than expected in November and — aside from an anticipated blip next month — is likely to continue slowing next year, strengthening the case for policymakers to resume interest-rate cuts when they meet in February.
A money trader at a market in Abuja. Photographer: Etinosa Yvonne/Bloomberg
Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as the West African nation seeks to cut emissions and earn revenue from a resource otherwise going to waste.
Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as the West African nation seeks to cut emissions and earn revenue from a resource otherwise going to waste.
A liquefied natural gas (LNG) carrier, operated by Nigeria LNG Ltd, arrives in the port of Sines, Portugal, on Monday, Jan. 13, 2025. The world is bracing for a fight for natural gas supplies this year, prolonging the pain of higher bills for consumers and factories in energy-hungry Europe.
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