AfrElec - Africa Power Monitor
Bamburi signs agreement with MOMNAI Energy to move to green energy
Bamburi Cement has signed a power purchase agreement for solar power plants to be installed adjacent to two cement processing units of the firm in Kenya
AfrElec: AfDB provides $27.39mn grant to support Ghana’s development of mini-grid network, solar PV net metering
BNEF: global investment in energy transition reached $755bn
Morocco bids for two small dams in Zagora and Errachidia
AG Energy to build 200-MW solar park in north-west Libya
TotalEnergies CEO hopes to resume work on $20bn Mozambique LNG project this year
Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.
TotalEnergies signs MoU with Rwanda to develop energy sector
TotalEnergies of France has signed with Rwanda Development Board (RDB) memorandum of understanding (MoU) to develop collaboration on energy-related projects
Oikocredit lends €5mn to Ecoligo, a ‘solar-as-a-service’ provider active in Ghana, Kenya
Social impact investor Oikocredit is giving €5mn ($5.5mn) loan to Ecoligo to support solar energy solutions provision to commercial and industrial businesses in Africa.
South Africans should brace for more planned outages, state power utility Eskom warns
Egypt keen to resume GERD talks
Egypt is keen to resume talks with Ethiopia and Sudan over the 6,500-MW Grand Ethiopian Renaissance Dam “as soon as possible," and has called for a legal agreement that would achieve the three countries’ interests and maintain regional stability.
Africa loses out over access to climate funding
Many African states are struggling to access money earmarked by global institutional investors to prepare them to combat climate change.
Meeting 1.5 °C could cost $75 trillion by 2050
Limiting global warming to 1.5 °C could cost reduce global GDP by 2%, or $75 trillion, by 2050 as spending must increase to accelerate the energy transition.
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