AfrElec - Africa Power Monitor

Malawi gets $350mn World Bank backing for 358MW Mpatamanga Hydropower Storage Project

The World Bank has approved a $350mn grant to support Malawi's $1.5bn, 358-MW Mpatamanga Hydropower Storage Project (MHSP).

German engineering firm urges African gas producers to eliminate flaring at IAE2025 forum

At the Invest in African Energy (IAE2025) forum in Paris, engineering firm Neuman & Esser urged gas-producing countries in Africa to adopt mid-scale gas commercialisation strategies, highlighting the ongoing issue of flaring valuable gas flaring.

Discovery Green, Sasol to offer wheeled green electricity to South African SMEs

Energy trader Discovery Green and fuels and chemical group Sasol to supply wheeled renewable electricity to South African SMEs eager to reduce their carbon footprints that would otherwise not be able to sign multidecade PPAs.

Nigerian government approves revival of Ikere Gorge hydropower plant and new electricity substation

The Nigerian government has approved the revival of the Ikere Gorge Hydropower Plant in Oyo State and the construction of a new high-capacity electricity substation, aiming to expand electricity access and stabilise the national grid.

Sun King secures $80mn loan to power 4mn Nigerian homes

Solar energy company Sun King has secured an $80mn local-currency loan to expand off-grid electricity access to 4mn households in Nigeria, with financial backing from the International Finance Corporation (IFC) and Stanbic IBTC Bank.

Focus on strategic gas monetisation at Invest in African Energy 2025 forum

At the start of the Invest in African Energy (IAE) forum in Paris, African energy leaders called for stronger regional cooperation, smarter use of gas resources, and better local development policies.

Namibia expects FID by TotalEnergies on Venus discovery by late 2026, says petroleum commissioner

Namibia is expecting a final investment decision (FID) by French energy supermajor TotalEnergies on its Venus discovery in the Orange Basin by late 2026, according to Maggy Shino, petroleum commissioner at Namibia's Ministry of Mines and Energy.

Ghana aims to slash $2.5bn energy debt by year-end, President Mahama says

Ghana expects to significantly reduce its $2.5bn debt owed to independent power producers and gas suppliers by the end of this year, President John Mahama has said.

Ghana’s power crisis deepens as fuel supplies dwindle to just 2.6 days, minister warns

Ghana’s Energy Minister has sounded the alarm over a looming electricity crisis, revealing that the country has only 2.6 days’ worth of fuel reserves left to power its national grid.

South African solar energy firm Grid Africa partners China's Shenzhen CEGN to invest in Zambia

South Africa must develop its gas industry or face economic regression, says energy minister

South Africa expects a sharp decrease in natural gas supplies to industries in Gauteng and KwaZulu-Natal provinces as imported gas from Pande and Temane fields in Mozambique runs low.

Ghana eyes private sector for electricity metering overhaul, Mahama tells Africa CEOs

Ghana is considering three models for private sector involvement in the metering and billing operations of its electricity utility as part of reforms to improve efficiency and revenue collection, President John Mahama has announced.

European IPP Greencoat Renewables plans South African listing in June 2025

London- and Dublin-quoted Greencoat Renewables (Greencoat) has announced a plan to secondarily list on South Africa’s Johannesburg Stock Exchange (JSE),

South African independent power producer NOA Group launches construction of a 94.5MW wind farm

South African renewable independent power producer NOA Group (NOA) has officially launched the construction of a 94.5 megawatt (MW) wind energy plant in the country.

AfDB commits $29.4mn to 62 MW solar power project in Togo

The African Development Bank (AfDB) has committed €26.5mn in financing for a 62 MW solar power plant in Togo, to be developed by French state-owned utility Électricité de France.

African energy ministers convene to explore financing strategies at Invest in African Energy 2025 forum

African energy ministers are meeting at the Invest in African Energy (IAE) 2025 conference focused on unlocking finance for energy projects across the continent.

EBRD extends $30mn equity bridge loan for Egypt’s first large-scale solar-storage hybrid

The EBRD has granted a $30mn equity bridge loan to Obelisk Solar Power, owned by renewable energy developer Scatec ASA, to support the development of a 1 GWac photovoltaic solar plant with 200 MWh of battery energy storage in Nagaa Hammadi, Egypt.

Invest in African Energy 2025 forum in Paris connects African energy markets with global investors

The Invest in African Energy (IAE) 2025 conference, focused on unlocking finance for energy projects across the continent, is taking place in Paris on May 13-14, 2025.