Africa Matters

Global Energy as a Service (EaaS) Market to Reach $72.62 Billion by 2023, Fueled by Increasing Renewable Energy Adoption

The global energy as a service (EaaS) market is poised for remarkable growth, with a projected valuation of US$72.62 billion by 2023, representing a robust compound annual growth rate (CAGR) of 8.95% during the forecast period. Energy as a service (EaaS) is a transformative solution that promotes the adoption of advanced, low-carbon technologies. Under this business model, customers can…

Read More

Aliko Dangote’s Refinery Finally Opens as He Pens 74-Word Message to Nigerians in Rare Social Media Post

Aliko Dangote’s highly anticipated $19 billion refinery will finally begin operation today, Monday, May 22, 2023. The Dangote Refinery, located in the Lekki Free Trade Zone of Lagos, is set to be Africa’s largest oil refinery, with a capacity to process 650,000 barrels of crude oil daily. Punch reports that the refinery has been designed to process crude oil…

Read More