Africa Needs $600bn Annually for Energy growthNUPRC
8 Articles
8 Articles
NUPRC boss, Komolafe Woos Global Investors to Unlock Africa’s Energy Future
By Joycelyn Ellakeche Adah The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has issued a compelling invitation to global investors to partner with Nigeria in unlocking Africa’s vast energy potential. Speaking at the close of the 2025 Africa Energies Summit in London, Komolafe declared Nigeria as a premier destination for energy investment, citing significant reforms and the country’s st…
Africa requires $600bn annually for energy growth – NUPRC - Business Hallmark
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has revealed that Africa will need more than $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands. He stated that Nigeria is well-placed and fully prepared to draw a substantial share of the capital inflow required […] The post Africa requires $600bn annually for energy growth – NUPRC first a…
NUPRC boss, Komolafe, beckons global partners to unlock Africa’s energy future
Nigeria, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), is inviting global investors to join in unlocking the country’s vast potential and shaping the future of energy in Africa and beyond. This was a clarion call made by the Commission’s Chief Executive, Engr. Gbenga Komolafe, at the 2025 Africa Energies Summit, rounding up in London, […] The post NUPRC boss, Komolafe, beckons global partners to unlock Africa’s energy fu…
Africa must raise energy tariffs to attract investment
Africa holds immense energy potential, with more than 125 billion barrels of proven oil reserves, 620 trillion cubic feet of natural gas and 60% of the world’s best solar resources. However, the continent continues to struggle to attract the capital needed to leverage these resources for transformative development. This was the paradox discussed at the Invest in African Energy
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