Africa business news

The scheme involves a total private sector commitment of $7.9bn, making it the biggest investment in Ghanaian history. It will supply gas to 1,100 MW of new gas-fired generating capacity …

Oil supermajor Shell is looking to integrate renewables into its operations across sub-Saharan Africa, a senior company official said. Shell’s new business development manager for the region, Tayo Ariyo, urged …

WORLDWIDE: Vestas reported a net profit of €965 million for 2016, up from €685 million in the previous year. The Danish company said its turbine order intake stood at 10,494MW …

The Federal Government has set a target of attracting more than $10 billion of fresh investments in the oil and gas industry in the next five years, Minister of State …