Tuesday , 20 January 2026

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Lagos seeks $10 billion power funding by 2032

BLOOMBERG Nigeria’s biggest city and commercial hub of Lagos plans to raise as much as $10 billion in private investment to boost electricity supply to nearly five million households by 2032, state governor Babajide Sanwo-Olu said. Lagos, home to about 25 million people, receives about 25% of 5,000 megawatts of national grid-connected electricity, prompting the city to depend on fragmented …

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S Africa’s $8.5b climate plan sees delays

BLOOMBERG South Africa’s government will need another two to three months to complete an energy transition implementation plan, further delaying the flow of funds from an $8.5 billion climate finance agreement with some of the world’s richest countries. More work needs to be done on how to re-skill workers from coal-dependent communities as coal-fired plants gradually close down, said Joanne …

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Equinor gets Norway nod to electrify Western Europe’s biggest LNG plant

BLOOMBERG The Norwegian government has given Equinor ASA the green light to electrify its liquefied natural gas facility in northern Norway, a project forecast to lower emissions and lock in gas deliveries beyond 2030. “We are putting in place the policies so Hammerfest LNG can continue operating to 2040,” Prime Minister Jonas Gahr Store said at a press conference in …

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