AfrElec - Africa Power Monitor

Egypt implements new electricity price increases as part of subsidy reform

Ethiopia secures $13.1bn in deals led by $10bn Ming Yang investment into green ammonia project

Ethiopia has signed investment agreements and MoUs worth $13.1bn, including a $10bn planned investment by a Chinese company in green ammonia production and electrical equipment manufacturing projects.

South Africa’s Mulilo to invest $885mn in 716MW solar and storage projects

Mulilo plans to invest ZAR15bn ($885mn) to build 716MW of solar and battery storage capacity in South Africa, targeting grid supply constraints and supporting the country’s shift towards private-sector renewable energy as power shortages persist.

Nigeria’s gas dilemma: abundant reserves, limited domestic delivery

Despite its vast proven natural gas reserves of almost 210 trillion cubic feet, Nigeria has been unable to harness sufficient gas for its domestic economy or export market.

DZGM Energy Resources secures power purchase agreement for 100MW hybrid power plant in Zambia

Zambia’s state-owned power utility, Zesco, has signed a power purchase agreement with DZGM Energy Resources (DZGM) for a 100-megawatt (MW) solar-wind hybrid project in the country.

Nigeria’s solar imports jump to 2.9mn panels as power crisis deepens

Persistent electricity shortages are driving Nigeria to import 2.9mn solar panels worth NGN435.5bn ($314.4mn), signalling a rapid shift towards off-grid energy solutions

Atomic Eagle says Zambia key for stable global uranium supply

Atomic Eagle (ASX:AEU; FRA:6QZ0), a uranium-focused exploration and development company, said Zambia is well positioned to help meet rising global demand for the nuclear fuel, citing its stable operating environment and resource base.

Ivory Coast secures funding for 52MWp Sokhoro solar plant

Ivory Coast has reached financial close on the 52MWp Sokhoro solar project, enabling construction of one of the country’s largest solar power plants as it seeks to expand renewable energy capacity.

Nigeria power dispute exposes deeper grid failures

A deepening dispute between Nigeria’s electricity generation and distribution companies is exposing structural weaknesses behind the country’s persistent blackouts.

Green Climate Fund allocates $440mn seven African projects supporting low-carbon development

The Green Climate Fund approved $440mn in financing for seven African projects, aiming to mobilise $1.1bn in co-financing as the continent faces a widening climate investment gap.