Nigeria’s Path to Economic Growth Through Electric Vehicles
A recent report by Sustainable Energy for All’s Nigeria Energy Transition Office (ETO) and RMI (formerly Rocky Mountain Institute) highlights Nigeria’s immense potential to drive economic growth through the production and adoption of electric vehicles (EVs). With supportive policies, investment in domestic EV assembly and manufacturing, and the development of a robust charging infrastructure powered […]
Nigeria at a Crossroads: The Path to Economic Transformation
For decades, Nigeria, Africa’s largest economy, has faced one economic challenge after another. From the oil price collapse of the 1980s to the persistent crises that followed, many have doubted the country’s ability to turn its fortunes around. Yet, Nigeria now stands at a crucial turning point, fueled by bold reforms that, if sustained, could […]
Asian Copper Week 2024: A Platform for Global Collaboration and African Mineral Expansion
The vibrant city of Shanghai once again played host to Asian Copper Week 2024, a globally recognized event that draws industry leaders, experts, and stakeholders from the copper and mineral sector. Held annually, this event serves as a crucial meeting point for discussing market trends, technological advancements, and fostering international collaborations. This year’s theme, “Sustainability […]
BYD’s Electric Dreams: Pioneering Sustainable Mobility Across Africa
BYD, a leading Chinese electric vehicle (EV) manufacturer, is actively expanding into Africa, recognizing the continent’s potential for sustainable mobility solutions. BYD has become a household name in the automotive world, a remarkable transformation for a company that once produced basic, gas-powered imitations of Japanese sedans. Over the past 15 years, BYD has pivoted to […]
Nigeria’s Economic Reforms Are Critical for Success
Since the collapse of oil prices in the 1980s, Nigeria has faced recurring economic challenges. However, the nation, recognized as sub-Saharan Africa’s largest economy, is now at a transformative juncture. Recent politically challenging reforms implemented by the government signal a renewed commitment to economic recovery and structural change. While no reform is perfect, the stakes […]
Nigeria turns to CNG as petrol prices hike
Compressed Natural Gas (CNG) vehicles are gaining traction in Nigeria as the government and private sector push for cleaner and more affordable fuel alternatives. Under the Presidential Compressed Natural Gas Initiative (PCNGI), over 100,000 vehicles have been converted to CNG, with a goal to convert one million vehicles within three years. The program has increased […]
Lithium: Nigeria’s Role in Shaping the Future of the Global Market
Lithium, often called “white gold,” has emerged as one of the most critical minerals in the global push for renewable energy and advanced technology. This lightweight metal is indispensable in the production of rechargeable batteries, electric vehicles (EVs), and other technologies driving the global energy transition. With its vast untapped mineral resources, Nigeria is poised […]