AfrElec - Africa Power Monitor
Poorer countries risk being left behind over power access as pandemic bites
The COVID-19 pandemic is holding back the global movement towards universal energy access, with 733mn people still without access to power at home in 2022.
G7 sets decarbonisation goal for 2035
The G7 has agreed to “predominantly decarbonise electricity sectors by 2035,” and to end government financing for international coal-fired power generation and speed up the phase-out of unabated coal plants by the same year.
Uganda's Nyamwamba ll hydroelectric power plant secures $10.6mn financing from EAIF
Emerging Africa Infrastructure Fund (EAIF), is providing $10.6 mn loan to developer of 7.8 megawatts Nyamwamba ll 7 hydroelectricity plant in Kasese district of western Uganda.
Renewables, not gas, key to Africa’s power future
Renewable energy is the key to driving economic development in Africa, rather than natural gas, offering lower costs, more employment, a more sustainable future and better economic diversification.
Ghana’s GCB Bank, French development agency AFD sign credit agreements to promote renewable energy projects
Zambia unit of UK renewable energies developer Sunbird Bioenergy in ethanol production trial
Savannah Energy to build 500 MW of solar and storage in Chad
The UK’s Savannah Energy has signed an agreement with the government of Chad to develop up to 500 MW of utility-scale renewables in the energy-hungry country.
Edenville Energy takes full control of Rukwa Coal Project in Tanzania
London-based company Edenville Energy has released that it has terminated an operation contract with Nextgen Coalmine Ltd and since taken over full control of the operation of its Rukwa Coal Project in Tanzania.
Sahel countries to receive dedicated solar energy training programme
Five African countries in the continent’s Sahel region are to become the targets of a dedicated solar energy training programme.
Is coal killing us all?
Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.
Seriti bid to control new Largo Coal approved by competition tribunal
South Africa’s competition tribunal has approved Seriti Resources Holdings’ offer to purchase the remaining 22.5% of New Largo Coal, currently owned by the Industrial Development Corporation (IDC).
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