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IFC to provide $20 million debt finance to Nigerian off-grid power firm


“What would you do if someone dumped nine Olympic swimming pools of oil into your community?”
This is the question that is splayed across Amnesty International’s webpage on the Niger Delta oil spills. As it turns out, since 2011, Shell alone has reported 1,010 spills, with 110,535 barrels or 17.5 million litres dumped into water bodies in the Niger Delta a conservative number, as the Nigerian government and other experts have estimated it to be even more. As this data is from 2018, the numbers do not consider the spills that have occurred since then or before then, including the infamous Ogoniland spills.
Ironically, on Earth Day this year, April 22, the tabloids carried stories of the finalisation of the Joint Investigative report of the Shell-owned Okordia-Rumuekpe 14-inch trunk line which had spilled 213 barrels- over 33, 000 liters- of crude oil on April 7 into the Ikarama community. According to the report, the spill had polluted 1.34 hectares of land, at least ....

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Frank Annoh-Dompreh: Establishing Renewable Energy Authority To Expedite Exploitation To Aid Economic Recovery Post-Covid-19


 
Mr. Speaker, the transition to renewable energy in Africa has accelerated impressively over the last decade with countries like Kenya, Nigeria and South Africa working to increase renewable energy capacity in recent years.
Ghana with its significant renewable resources and robust policy framework cannot afford to be left behind.
A well-resourced and properly constituted renewable resource authority is needed to drive Ghana’s renewable agenda and support post-pandemic recovery through targeted and deliberate action. The time is now!
Mr. Speaker, a report by International Renewable Agency in 2019: ‘Scaling up Renewable Energy Deployment in Africa’, noted that the continent is endowed with substantial renewable energy resources, and it positioned to adopt innovative sustainable technologies and play a leading role in global action to shape the future of sustainable energy. ....

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