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In a bid to foster competition, transparency, and efficiency within the Nigerian Electricity Supply Industry ("NESI"), the Electricity Power Sector Reform Act 2005 ("EPSRA") was passed into law.

Nigeria and South Africa remain two of Africa’s most significant energy markets, with substantial natural resources, sophisticated financial ecosystems, and growing ambitions to lead the continent’s evolving energy economy. However, despite their strategic importance, the full potential for cross-border energy investment and collaboration between both jurisdictions remains largely untapped.