AfrElec - Africa Power Monitor
Ludoil Energy’s ISAB refinery deal strengthens Africa-Europe energy links
Italy-based private energy company Ludoil Energy has agreed to acquire a controlling stake in ISAB, owner of the Priolo Gargallo refinery in Sicily, Italy’s largest refinery and a key fuel supply hub in the Mediterranean.
Ghana plans private sector role in electricity company under IMF-backed energy reforms
Ghana’s government expects private sector participation in the state-run Electricity Company of Ghana (ECG) to begin in early 2027 under IMF-backed reforms aimed at reducing losses and improving electricity distribution, says senior adviser.
LOTUS Bank backs Nigeria CNG, EV expansion drive with financing partnership
LOTUS Bank partners with Nigeria’s Presidential Initiative on CNG & EV to finance compressed natural gas and EV infrastructure as Abuja accelerates efforts to reduce fuel costs, expand cleaner transport alternatives.
Historic 2024-2025 drought slashed Mozambique's Q1 2026 energy sector contribution to fiscus by 75%
Mozambique’s oil and energy projects contributed MZN10.9bn (about $171mn) to the fiscus in Q1 2026, a 21.2% drop compared to the relative period in 2025.
Nigeria’s GFiF launches $188mn blended finance platform to fund 191MW of distributed solar projects
The facility is led by Barton Heyman Limited in partnership with the Rural Electrification Agency (REA), UK PACT, First City Monument Bank (FCMB) and ARM Harith Infrastructure Investment Limited (ARMHIIL)
Nigeria ex-power minister Saleh Mamman jailed for 75 years over $24.7mn laundering
Former Nigerian power minister Saleh Mamman has been sentenced to 75 years in prison after being convicted of laundering NGN33.8bn ($24.7mn) through private companies linked to government-funded power projects
France backs Ethiopia green energy and digitalisation plan with $63.9mn loan
France and Ethiopia have signed a loan agreement to support Ethiopia’s green energy and digitalisation programme under the wider RISED initiative, deepening French engagement in the Horn of Africa.
Egypt projects 7% surge in summer electricity demand
Mahmoud Esmat has instructed electricity sector companies across Egypt to raise their readiness levels ahead of an expected 7% year-on-year (y/y) hike in electricity demand during the summer of 2026.
Nigeria’s NISO targets 180 MW power theft on Lagos-Ogun corridor
The Nigerian Independent System Operator (NISO) has launched a crackdown on electricity theft along the Ikorodu-Sagamu transmission corridor after uncovering losses estimated at about 180 MW
Kenya opens electricity distribution market to private investors in reforms targeting KPLC, KETRACO
Kenya’s energy regulator has drafted regulations that would open electricity generation, transmission, distribution and retail supply to private investors, ending the long-standing single-buyer structure dominated by KPLC
Redefine targets wheeling deals in South Africa after approaching full rooftop solar capacity
Redefine Properties Ltd (JSE:RDF) says it is nearing the limit of rooftop solar deployment across its South African property portfolio and is now exploring electricity wheeling, battery storage and solar carports.
South African energy minister outlines planned power market reforms
The government is preparing a phased roadmap to rollout the South African Wholesale Electricity Market (SAWEM) with the aim of transitioning towards a competitive power sector while maintaining State oversight of grid stability and pricing.
Energy Vault, South African utility Eskom partner on gravity-based LDES projects
Energy Vault Holdings Inc (NYSE:NRGV) and Eskom Holdings SOC Limited have signed a strategic agreement to deploy gravity-based long-duration energy storage systems in South Africa and beyond.
British university sets up "world-first" battery electrolyser system at Malawian hospital
IFC and EDF sign $40mn deal to expand solar power projects across Africa
The World Bank’s IFC and French utility EDF have signed a $40mn financing agreement to expand distributed solar projects across Africa, targeting commercial and industrial users seeking alternatives to unreliable grids and expensive diesel power.
Kenya land dispute delays tea-sector hydropower investment in Bomet
Kenya’s Senate Majority Leader Aaron Cheruiyot has called on Bomet Governor Hillary Barchok and Senator Hillary Sigei to resolve their political differences and unlock stalled land negotiations holding back the Kipsonoi hydropower project
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