Day: June 22, 2024

SPP, DCC Unveil Initiative To Rate, Rank Nigerian States’ Climate Governance Performance

Mr Mohammed

The Society for Planet and Prosperity (SPP), in close collaboration with the Department of Climate Change (DCC) of the Federal Ministry of Environment in Abuja, has announced plans to officially launch the rating and ranking of the climate governance performance of Nigeria’s 36 states in July 2024. The statement was made on Thursday, June 13, 2024, at the inaugural coordination meeting of climate change desk officers from Nigerian states, which was convened by the DCC. SPP President, Prof Chukwumerije Okereke, while presenting the state of play of the rating and…

A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo

Mr Mohammed

JOHANNESBURG, South Africa, June 21, 2024/ — The Republic of the Congo has a goal of increasing hydrocarbon production to 500,000 barrels per day (bpd) and projects such as Wing Wah Oil Company’s Bango Kayo development will serve as catalysts for meeting this objective. The project is a strong example for how integration and scalability can be utilized to not only monetize resources but maximize production beyond the lifecycle of initially-tied in blocks. The African Energy Chamber (AEC) – the voice of the African energy sector – conducted a tour…

Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders

Mr Mohammed

TOKYO, Japan, June 22, 2024/ — Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank’s strong support to manage risks, African Development Bank Group (www.AfDB.org) leaders stressed at the Japan-Africa Business Forum in Tokyo. “Africa has huge private sector opportunities. The continent offers some of the highest returns globally,” said Prof. Kevin Chika Urama, Bank Group Chief Economist and Vice President, in a presentation highlighting Africa’s abundant renewable energy potential, and the need for strategic investments in green minerals and value…