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Kafafi maintained her role after GENCO was acquired by Citadel Group ... Japan, Middle East & Africa at IFS since 2023. She has 28 years of industry experience and previously held regional and ...
They, therefore, demanded an immediate implementation of payment plans to settle all outstanding GenCo invoices, reprioritization of payments under the waterfall arrangement to give full priority ...
Moreso, they said the 2024 payment collection rate dropped below 30 percent, and “2025 is not any better, severely affecting GenCo’s ability ... World Bank and the African Development Bank ...
During the discussion, the minister expressed confidence that Egbin Power has the right environment to host the Data Park, enabling GenCo to play ... the need for Africa to catch up with this ...
Despite deepening liquidity woes andelectricity grid constraints, Nigeria’s Generation Companies (GenCos) are doubling down ...
FG is set to pay N4trn in debts owed to power generation companies, following negotiations to prevent power sector collapse ...
African Crowned Crane (Balearica regulorum) at Ol Pajeta Conservancy, Kenya. © Harish Segar / WWF. Commercial banks in Africa and Latin America trail Asian ...
Nigerian President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies as part of an ...
Genco Shipping & Trading Limited (NYSE:GNK) shareholders might be concerned after seeing the share price drop 12% in the last quarter. On the other hand the returns over the last half decade have ...
It is a tough time to operate in the Nigerian business environment. With different companies grappling with multiple ...
The minister of Power, Adebayo Adelabu has proposed a meeting between President Bola Ahmed Tinubu and owners of electricity Generating Companies (GenCos) on ways to resolve the N4tr debt the ...