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World leaders to meet on curbing emissions, solving energy poverty

Antonio Guterres

Faced with the rapidly accelerating impacts of climate change and urgent need to reduce carbon emissions from the energy sector – while ensuring that all people have access to electricity and clean energy – the UN is bringing together Heads of State and Government as well as leaders from business, foundations and other organisations on September 24, 2021, to mobilise ...

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AfDB declares war on continent’s energy poverty

Akinwumi Adesina

The African Development Bank (AfDB) has declared its resolve to eliminate energy poverty in the continent of Africa. Addressing a high-level panel comprising African ministers of the environment and heads of country delegations at the ongoing 6th Special Session of the African Ministerial Conference on the Environment (AMCEN) in Cairo, the AfDB President, Dr. Akinwumi Adesina, revealed that over 645 ...

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Tony Elumelu: Heirs Holdings will generate a quarter of Nigeria’s power needs

Global business leader and chairman of Heirs Holdings, Tony Elumelu, has said that the group “has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years.” Heirs Holdings’ interests in the power sector include Transcorp Ughelli Power, a gas-fired, thermal power generating plant which was acquired under the privatisation of Nigeria’s power ...

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Why more Nigerians are climbing down the energy ladder

Despite Nigeria’s large oil reserves, energy poverty appears to be one of the most striking characteristics of the citizenry, with the formal power sector consistently failing to deliver. With per capita electricity consumption falling below 150kwh, the situation looks dire. Rural communities, however, seem to suffer the most deprivation – even as a national programme to expand power to the ...

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Rio+20: OPEC’s $1b lifeline to combat energy poverty

Succour may just be around the corner for developing nations facing critical energy challenges – especially those in sub-Sahara Africa – if a landmark pronouncement made in Rio de Janeiro, Brazil, venue of the United Nations Conference on Sustainable Development (Rio+20), is anything to go by. In the quest to meet the ever-increasing energy needs of industries in the developed ...

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