Category : Search result: fossil fuel transition


Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Dangote Refinery Saves Nigeria N10bn Yearly

Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

UK Allows New Oil and Gas Drilling in North Sea

Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.

Zegna CEO Steps Down After Two Decades

Italian fashion giant Ermenegildo Zegna announces leadership transition as Gildo Zegna hands CEO role to finance director. Stock falls amid changes.

COP30 Ends with Watered-Down Climate Deal

UN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.

Niger Delta Demands Urgent Oil Spill Remediation

Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.

EU Bans 'Sustainable' Label for Fossil Fuels

The EU moves to stop fossil fuel investments from being labelled 'sustainable'. Learn how this new three-tier system aims to combat greenwashing and protect investors.

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