AfrElec - Africa Power Monitor

SAPVIA raises concerns over planned unbundling of South Africa’s national power utility

The South African Photovoltaic Industry Association (SAPVIA) has expressed concerns about the revised unbundling strategy for the state-run power utility Eskom.

Neo Energy secures $10.1mn funding to advance South Africa uranium project

Neo Energy Metals has secured up to $10.1mn in strategic funding from a UK investor to advance its Beatrix uranium and gold project in South Africa, as rising nuclear demand revives interest in previously mothballed mining assets.

Nigeria power sector debt hits $7.2bn with GenCos paying just 36% on invoices, threatening bond plan

Nigeria’s power sector debt has climbed to $7.2bn after generation companies received barely 36% of invoiced payments in 2025, raising doubts over the effectiveness of the government’s new bond programme aimed at easing liquidity pressures.

India’s IREDA lends $22.5mn for 100MW solar project in Zambia via subsidiary

India’s state-owned renewable energy lender IREDA, through its offshore arm IGGEFIL, has approved a $22.5mn green loan to Swarna Solar to develop a 100MW solar power project in Zambia, marking the group’s first international lending deal.

Nigeria's Geregu Power declares $15.8mn dividend on 2025 results

Geregu Power Plc has declared a cash dividend of NGN9 ($0.0063) per share for the 2025 financial year, amounting to NGN22.5bn ($15.8mn)

Sudan’s Giad Group to launch first EV production in Q1 2026

Sudan backs Trump-led mediation initiative on Nile water dispute

Canadian group ReeXploration secures funding for uranium exploration at Eureka Project in Namibia

Canadian company ReeXploration (TSXV: REE, FSE: K2I0) has announced that its 2026 uranium exploration campaign at its Eureka Project in Namibia is now fully funded.

Africa’s green hydrogen projects stall as offtake gaps persist, warns EIC

Africa’s green hydrogen ambitions are slowing as most projects lack binding offtake agreements and critical infrastructure. The EIC finds only two small plants operating despite $194bn in planned investments.

Tanzania seeks international investment to expand geothermal power sector

Tanzania is intensifying efforts to attract foreign investors to its geothermal energy sector as it advances plans to exploit its vast resources to provide affordable and reliable electricity

Zambian utility Zesco signs 20-year PPA with Canadian firm Stardust for a proposed 30MW solar project

Stardust Solar Energy Inc.has secured a 20-year power purchase agreement (PPA) in Zambia to support a planned 30-MW) solar project, which is set to reach commercial operation later this year.

South Africa leads continent’s renewable energy transition, says Forvis Mazars

South Africa offers major investment opportunities across wind, solar, biofuels and green hydrogen, according to Forvis Mazars, supported by strong policy frameworks, private-sector participation and rising clean-power generation.

Nigerian DisCos lose $31.17mn to inefficiencies in October 2025

Nigeria’s electricity distribution companies lost NGN44.27bn ($31.17mn) in October 2025 due to billing and revenue collection inefficiencies, according to data published by the Nigerian Electricity Regulatory Commission