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Shell Buys Nigeria's Daystar Power As a First Push Into African Renewable Energy

28 Sep 2022 | Abstracted from Yahoo News

"...company needed to raise more money to meet growing demand but opted to sell to Shell due to the latter's strong balance sheet and "long history in Africa."

"Shell's Africa history includes being the first company to begin oil exploration in Nigeria more than half a century ago...unresolved trails of oil spills in the Niger Delta have also wrecked livelihoods... Shell paid a community $111 million to settle a spill from the 1970s.."



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