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Zuva Invests in Clean Energy

By Tinashe Nekati THE country’s leading energy company, Zuva Petroleum, yesterday launched its first Green Terminal in the capital, aimed at complementing the government’s efforts of creating a clean and sustainable power sector. The solar-powered terminal was launched in Harare yesterday. “We are pleased to announce yet another first, the first Green Terminal in Zimbabwe’s energy

Rwanda Calls for Third Tender for Off-grid Photovoltaic.

By Anita Anyango The Development Bank of Rwanda (BRD) has issued a call for tenders for the construction of photovoltaic and mini-hydro grids ranging in size from 10 kW to 1 MW. The bank is seeking consultants to prepare the third tender of the $48.9 million Renewable Energy Fund (REF). The initiative aims to deploy photovoltaic and mini-hydro grids

Rwanda Secures Rwf20 Billion to Upgrade Nyacyonga-Mukoto Road

By Bertrand Byishimo The subsidiary of the Organisation of Petroleum Exporting Countries (OPEC) has approved a loan of Rwf20 million for Rwanda to upgrade the road from Nyacyonga to Mukoto between Gasabo and Rulindo districts. This loan, which was approved during the organisation’s 178th session of the governing board held virtually last week, will be funded

Outages in Nigeria, Others Push Oil Price to $80pb

Production hitches in Nigeria, Libya and Ecuador pushed oil price to $80 per barrel amid rapid spread of the Omicron coronavirus variant, it was learnt last night. Brent crude rose by 0.8 per cent to $79.20 a barrel. United States (U.S.) West Texas Intermediate (WTI) crude rose 0.8per cent, to $76.14. Both contracts traded at

Climate Crisis Puts Oil In The Crosshairs, But Dependence Persists

A call for the end of oil has been thrust into the spotlight this year. Fossil fuels – which still represent 80 percent of energy consumed – have been explicitly blamed for driving climate change. The International Energy Agency believes that oil demand is still set to rise. The climate crisis has put the end