News
Europe Rallies Behind Africa with €15.5bn Push for Clean Energy Future
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2025/03/European-Union-EU.jpg&description=Europe Rallies Behind Africa with €15.5bn Push for Clean Energy Future', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2025/03/European-Union-EU.jpg&description=Europe Rallies Behind Africa with €15.5bn Push for Clean Energy Future', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
…say 600m people still lacking electricity, with Africa’s population projected to double by 2050
By Gloria Ikibah
Europe has thrown its weight behind Africa’s clean-energy transition, with a year-long global campaign spearheaded by European Commission President, Ursula von der Leyen and South African President, Cyril Ramaphosa, securing €15.5 billion in new investments for renewable power across the continent.
In a statement issued by the Commision, the effort which run in partnership with Global Citizen and backed by the International Energy Agency, was designed to unlock public and private financing for Africa’s shift away from fossil fuels, expand electricity access for millions, and support a new era of sustainable, low-carbon industrial growth.
The European Union led the pledging drive, contributing more than €15.1 billion. This includes over €10 billion pledged by President von der Leyen on behalf of Team Europe, alongside substantial bilateral commitments from European governments, development banks, and private investors.
President von der Leyen said: “Today, the world has stepped up for Africa. With €15.5 billion, we are turbocharging Africa’s clean-energy transition. Millions more people could gain access to electricity; real, life-changing power for families, for businesses, for entire communities. This investment is a surge of opportunity: thriving markets, new jobs, and reliable, clean energy that meets the needs of partners across the globe. President Ramaphosa and I both look forward to a clean-energy future for the continent. A future led by Africa, with strong support from its friend and partner, Europe.”
The Team Europe package includes new Global Gateway projects co-financed by Germany, France, Denmark, Italy, the Netherlands and Spain, as well as major injections from the European Investment Bank (€2.1 billion) and the European Bank for Reconstruction and Development (€740 million). Additional bilateral commitments topped €5 billion, with Italy (€2.4 billion), Germany (over €2 billion), the Netherlands including FMO (€250 million), Portugal (€113 million), Denmark (€81 million), Sweden (€44 million), Austria (€5 million) and Ireland (€5 million) all adding substantial funds. The EBRD also announced a separate €600 million investment.
Beyond European support, the African Development Bank has also pledged to allocate at least 20% of its 17th African Development Fund replenishment to renewable energy, while Norway committed about €53 million through its African Development Fund contribution covering 2026–2028.
The campaign also delivered significant technical commitments: 26.8 GW of new renewable-energy generation and electricity access for 17.5 million households currently living without reliable power.
Of the €10 billion pledged earlier by President von der Leyen, €3.1 billion had already been announced at high-level engagements including the EU–South Africa summit, the Mattei Plan event, the Africa Climate Summit, the UN General Assembly, and the Global Gateway Forum. A further €7 billion was unveiled during the final pledging event in Johannesburg on 21 November.
Since launching in Rio de Janeiro in November 2024, the “Scaling up Renewables in Africa” campaign has aimed to galvanise global ambition toward COP28 goals — including tripling renewable-energy capacity and doubling energy efficiency worldwide.
With 600 million people still lacking electricity and Africa’s population projected to double by 2050, clean and affordable power is seen as essential not only for the continent’s development but for global climate efforts.
Despite holding 60% of the world’s best solar resources, Africa attracts just 2% of global energy investment, constrained by high capital costs, weak investment flows and infrastructure gaps.
Through the Global Gateway strategy and the Africa-Europe Green Energy Initiative, EU disclosed that it is working closely with African governments to unlock this potential, strengthen regional power systems, and build long-term partnerships for a sustainable energy future.
News
FG ready to review N70k Minimum Wage-Gbajabiamila reveals
The presidency has officially confirmed that plans are underway to alter the current national minimum wage configuration because the current economic situation has made the baseline salary unsustainable.
Chief of Staff to the President, Femi Gbajabiamila, made this disclosure while speaking in Abuja on Thursday during an event organized by a group called Working People United.
According to the former Speaker of the House of Representatives, the present N70,000 threshold established under President Bola Tinubu’s administration in 2024 is no longer capable of meeting the practical economic demands faced by citizens across the nation.
Addressing the gathering, the president’s representative pointed out that the current fiscal environment necessitates a thorough re-evaluation of what constitutes a living baseline for Nigerian workers.
He noted that the “N70,000 wage, which was a milestone in 2024 must be honestly reassessed against today’s realities,” signaling a strong commitment from the executive arm to reopen discussions surrounding statutory labor compensation.
Gbajabiamila assured organized labor groups that the administration does not view workers as adversaries but rather as key contributors to the progress of the country.
He emphasized that the government plans to approach the upcoming negotiations with a high level of empathy and cooperation.
“I can confirm to you that when the time comes to begin the process of reviewing the national minimum wage, this administration will approach that endeavor not as an adversary of Labour, but as a partner,” he said.
He further re-iterated the commitment of the president to human capital development and fair treatment of the workforce.
“President Tinubu has said time and again that the custodians of the nation’s machinery deserve a fair and commensurate wage, and as you all well know by now, this is the president who means precisely what he says and does exactly what he means,” Gbajabiamila stated, defending the president’s record on labor issues.
While urging trade unions and workers to maintain a peaceful posture, the Chief of Staff maintained that sustainable national growth requires an ongoing collaboration rather than perpetual conflict.
He mentioned that “It must be said that good governance is not a performance stage by government for the benefit of a passive audience, it’s a partnership between those who govern and those who are governed.”
He also emphasized that the relationship between the ruling political class and the working population remains the most crucial foundation for industrial harmony.
“No where is that partnership more vital than the relationship between government and the working people of Nigeria,” he added.
Concluding his address, the former lawmaker appealed directly to union leaders to choose the path of dialogue over strikes and industrial actions, which often cripple the national economy.
“It is with this understanding in mind that I ask the leaders of organized labour and the members of working people united to remain what you have so often been at your finest, partners in progress rather than antagonist in perpetuity, let us choose to dialog over disruption, because as we have proved again and again, we achieve far more when we visit together than when we retreat, retreat to our separate corners,” Gbajabiamila remarked.
News
We’re rebuilding Abuja, building trust, restoring hope in governance – Tinubu (Photos)
President Bola Tinubu has reiterated that his administration was rebuilding the Federal Capital Territory (FCT) to build trust and restore citizens hope and confidence in government.
Tinubu made the remarks in Abuja on Thursday, while inaugurating the newly constructed Interchange at the intersection between Arterial Road N16 with the Ring Road II, linking Jahi District to Gwarinpa District.
Represented by the Senate President, Senator Godswill Akpabio, the President noted that “Abuja is changing.”
He said: “One interchange at a time, one road at a time, we are rebuilding trust and restoring hope. Together, we will build a country where every citizen can move freely, live safely, and prosper.
“This intersection used to choke Abuja. Gridlock stretched from Maitama to Gishiri, from Jahi to Gwarimpa. Hours were lost, fuel was wasted and businesses were delayed.
“Today, that story ends. This interchange opens up critical districts of the FCT and connects them smoothly to the rest of the territory.”
Tinubu described infrastructure as the foundation of prosperity and roads as the arteries of a nation saying, “when we connect districts, we connect destinies.
“That is the logic of the Renewed Hope Agenda: build the roads, unlock the economy, and let Nigerians thrive. The Jahi/Gwarimpa Interchange is proof that Nigeria is not beyond redemption”.
The President commended FCT Minister, Nyesom Wike, for making Abuja work again, pointing out that from roads to bridges, from city centre to satellite towns, the minister is domesticating renewed hope across the FCT.
“Nigerians can see it, critics can see it and residents feel it in their daily lives. Well done,” he said.
In his remarks, Wike said that the project was awarded, a few days before Tinubu was sworn into office, with no mobilisation. But to show leadership, you made funds available to continue the project awarded by your predecessors.

“Mr President, you have shown that government is continuum. It doesn’t matter who awarded the project. What is important is to complete the project for the betterment and the development of society.
“This is what differentiated the current government and the previous administrations.
“Thank you Mr President for giving us the opportunity to be part of history in changing the narrative as far as the development of Abuja is concerned.”
Reacting to the claim by the African Democratic Congress, alleging that Tinubu government is building only roads while Nigerians are hungry, the minister described the assertion as misleading.
He recalled that just two days ago, Mr President inaugurated the Karu Water Supply Network, adding that another water network would be inaugurated in Bwari in July.
“Let me say that it is not correct that we are only doing roads. It is not correct,” he said.

He, nonetheless, thanked the ADC for acknowledging the road infrastructural stride in the FCT and other parts of the country.
On her part, FCT Minister of State, Dr Mariya Mahmoud said that beyond traffic management, the interchange serves as a critical link connecting communities, businesses, and opportunities across Abuja.
Mahmoud said that the completed interchange would significantly reduce travel time, improve access to commercial centres, facilitate the movement of people and goods, and support the growing demands of the FCT’s expanding population.

Earlier, Mr Richard Dauda, acting Executive Secretary, Federal Capital Development Authority, said that the project was awarded in May 2023 for the full-scope development of Arterial Road N16 from Ring Road II to Ring Road III with two interchanges.
Dauda said that one of the Interchanges was at the intersection between Arterial Road N16 and Ring Road II, which was being inaugurated.
“The Arterial Road N16 is being developed in stages, with the Phase I section completed, that is the Maitama section. The Katampe section, which is the Phase II section, was also completed up to Wole Soyinka Way (Arterial N20) and inaugurated.
“The Jahi District section is still under construction, while the Phase III section, which is the project we are in now, has attained significant progress with the completion of this interchange,” he said.
He said that the rest of the project up to Ring Road III, a total length of 7.25 kilometres in length, would be completed in due course.
News
Middle East: Iran warns against Hormuz passage without authorisation
Iran’s Revolutionary Guards on Thursday warned against any crossings of the Strait of Hormuz without authorisation, saying vessels not complying “will be dealt with”.
The future of the strait, a vital route for energy shipments that was blockaded by Iran during the war, is a key sticking point in negotiations between Tehran and Washington.
Tehran has said it plans to impose what it calls maritime service fees, as opposed to tolls, while the United States argues it is an international waterway and therefore should not be charged.
“The only authorised route for passage through the Strait of Hormuz is the route announced by the Islamic Republic of Iran,” said the Revolutionary Guards, the ideological arm of Iran’s military.
Any crossing without authorisation is “unacceptable and extremely dangerous”, they warned in a statement.
They also denounced what they said was a new route through the waterway announced by “certain authorities”.
The statement did not elaborate but it appeared to be a response to an announcement overnight of a temporary corridor by Oman, which also borders the strait.
Omani authorities released a map of a route running close to the Omani coast that they said was coordinated with the International Maritime Organisation, a UN agency responsible for marine safety.
The only route currently authorised by Iran runs through a corridor that follows the Iranian coast.
Hormuz is a narrow stretch of water between Iran and the Gulf countries through which roughly 20 percent of the world’s crude oil and liquified natural gas normally transits.
At its narrowest it is only about 30 kilometres (18 miles) wide.
A memorandum of understanding signed last week by Tehran and Washington to end their war stipulated that commercial ships may transit the strait free of charge for the next 60 days.
With Iran and the US in negotiations, it is unclear what arrangements will be in place after that period.
Iran and Oman announced on Tuesday that they would study the “costs” to be charged for services related to administration of the strait.
But US Secretary of State Marco Rubio, visiting neighbouring Gulf countries this week, said Washington would not accept any tolls or fees.
AFP
-
News13 hours ago2027: Be Prepared to struggle for power, Wike tells PDP candidates
-
News5 hours agoXenophobic attacks: FG evacuates another 66 citizens from South Africa
-
News6 hours agoViral ‘Sign-Out’ Video: Ondo Govt Withholds WAEC Results of 17 Students
-
News2 hours agoDAY 12 of Projects Commissioning in the FCT: Watch Arterial Road N16 – Ring Road Il Intersection linking Jahi to Gwarimpa District
-
Metro14 hours agoArmed Men Are Vigilantes And Hunters – Police Dismiss Viral Katsina Video
-
News21 hours agoSokoto High Court slams death sentence on 3 men, including foreign national for terrorism , arms trafficking
-
News14 hours agoSenate passes bill to double police trust fund allocation to 1%
-
News14 hours agoI Begged Kwankwaso To Be Peter Obi’s Running Mate – Aisha Yesufu
