Archive Stories

2 stories
Oando Records ₦210 Billion Profit in Nine Months — Up 164% as Production Surges and NAOC Assets Deliver Growth

Oando PLC posts ₦210 billion profit for the first nine months of 2025—a 164% increase year-on-year—driven by NAOC asset gains, higher production, and strategic financing moves, reaffirming its position as Nigeria’s leading indigenous energy group.

Towncrier Africa
AFC-Backed Infinity Power Reaches Financial Close on 200MW Ras Ghareb Wind Farm in Egypt

Africa Finance Corporation’s portfolio company Infinity Power has achieved financial close on the 200MW Ras Ghareb Wind Farm in Egypt, securing $153 million in financing from EBRD, Proparco, and JICA. Once complete, the project will power 300,000 homes and cut 390,000 tonnes of CO₂ annually.

Towncrier Africa
📰

Stay Informed with African Insights

Join thousands of readers who trust Town Crier Africa for authentic, timely, and impactful stories from across the continent.

[sibwp_form id=4]

No spam, ever. Unsubscribe anytime. Read our Privacy Policy.