AfrElec - Africa Power Monitor

28 April 2026

Zambia inches towards 10,000MW installed capacity goal with 50-MW solar photovoltaic power plant launch

27 April 2026

Zambia has commissioned a 50-megawatt (MW) solar power plant, a notable contribution to the southern African nation’s target to have 10,000MW of installed generation capacity by 2030.

EFG Finance signs Egypt’s first specialised EV charging leasing deal

27 April 2026

EFG Finance, a parent of EFG Holding (EGX:HRHD) has signed Egypt’s first specialised financial leasing agreement for electric vehicle (EV) charging infrastructure with Infinity, a renewable energy company and provider of EV charging solutions.

Zodiac Energy receives LOI for $3.29mn solar-plus-storage project in Zambia

27 April 2026

Zodiac Energy (NSE:ZODIAC) has secured a $3.29mn LOI for a 5 MW solar and 1 MWh storage project in Lusaka, highlighting growing demand for small-scale solar solutions in Zambia’s hydro-dependent power system.

Nigeria’s Transcorp Power Q1 profit falls on gas and grid constraints

27 April 2026

Transcorp Power Plc’s (NGX: TRANSPOWER) 1Q26 profit fell as gas supply constraints and transmission vandalism weighed on generation, despite stronger liquidity and balance sheet growth

Nigeria power shortage intensifies as experts caution against abrupt solar import ban

27 April 2026

Nigeria’s already strained electricity supply could deteriorate further if authorities move too quickly to restrict solar panel imports

AfDB approves €7.33mn for Uganda rural electrification project, launches new phase

27 April 2026

The African Development Bank Group (AfDB) has approved €7.33mn in additional financing for Uganda to close a funding gap under the Uganda Rural Electricity Access Project (UREAP) Phase I, allowing compensation payments to affected communities

Adelabu resigns as Nigeria’s power minister to pursue Oyo governorship bid

24 April 2026

Nigeria’s Minister of Power, Adebayo Adelabu, has resigned from the Federal Executive Council to focus on his bid to become governor of Oyo State

Australia's Deep Yellow concludes reverse circulation drilling at Namibian uranium project Tinkas

23 April 2026

Australian uranium project developer Deep Yellow (ASX/NSX: DYL) has completed a 133-hole reverse circulation (RC) drilling programme at its Namibian project, Tinkas

Nigeria doubles solar manufacturing capacity to 300MW over two years, REA targets 3.7GW pipeline

23 April 2026

Nigeria has increased its domestic solar panel manufacturing capacity to 300MW from 120MW two years ago, as the Rural Electrification Agency (REA) accelerates renewable energy deployment and seeks to position the country as a regional supply hub

South Africa set to add 17GW wind projects within 5 years as project pipeline tops 60GW, says GWEC

23 April 2026

GWEC said South Africa remains one of the continent’s most attractive renewable energy markets, with about 17GW of advanced wind projects that could move into construction within five years, despite persistent grid constraints.

Ghana risks $2bn annual losses as power outages deepen, energy think tank warns

22 April 2026

Ghana could lose up to $2bn annually if persistent power outages continue, the Africa Sustainable Energy Centre has warned, citing mounting strain on businesses and critical services.

Ghana weighs Karpowership contract extension as power security concerns persist

22 April 2026

Turkey's Karpowership is in discussions with Ghanaian authorities to extend its power supply agreement beyond its 10-year contract, which it says is critical to sustaining reliable electricity delivery.

Egypt to connect 500MW solar project to national grid in May

21 April 2026

Egyptian Minister of Electricity and Renewable Energy, Mahmoud Essmat, announced that the second phase of the Obelisk solar power project in Nagaa Hammadi

Nigeria launches programme to boost local renewable energy manufacturing

21 April 2026

Nigeria is seeking to turn rising renewable energy demand into domestic industrial growth through a new five-year programme aimed at expanding local manufacturing, attracting investment and creating skilled jobs

Atomic Eagle reports 28.0mn lb uranium oxide reserve at Zambia project, bolsters board

21 April 2026

Atomic Eagle Ltd (ASX:AEU) has reported a 28.0mn pound uranium oxide (U₃O₈) reserve at its Muntanga project in Zambia and reshaped its board, positioning the company to benefit from tightening global uranium supply and rising nuclear demand.