AfrElec - Africa Power Monitor
Renewable energy investments at record low in Africa despite positive global trend, BNEF report shows
Investment in renewable energy in Africa plummeted to the lowest level recorded in the last decade, despite a global upward trend and the continent's abundant natural potential, according to a report released by the research group BloombergNEF.
Botswana: lithium batteries thefts rise amid growing demand for alternative power sources in Southern Africa
Liberia’s electricity corporation losing $48mn to power theft annually, acting head says
Egypt signs nine renewable energy agreements worth $83bn at COP27
South African equity investor Coronation cashes in on Europe's energy crisis with 20% ROI since early 2022
India’s ReNew Power signs framework agreement with Egypt to set up $8bn green hydrogen plant
Nigeria approves framework for $3bn hydropower plant in Makurdi
ASX-listed Tlou Energy raises $2mn to further develop Lesedi power project in Botswana
IAEA report at COP27 reveals how nuclear can mitigate climate change in Africa
The International Atomic Energy Agency has released a new report on Nuclear Technologies and Climate Adaptation in Africa during the last COP27, demonstrating how these technologies are already widely used to build agricultural resilience.
TotalEnergies, ConocoPhillips complete joint acquisition of Hess’ share in Waha concessions in Libya
TotalEnergies (France) and ConocoPhillips (US) have completed the joint acquisition of an 8.16% equity stake in the Waha concessions in Libya from the US independent company Hess.
TransCentury set to raise $17mn from new rights issue for debt repayment, audits, publishing back statements
Benin to get large-scale, off-grid power project with Millennium Challenge Corporation backing
ASX-listed Invictus Energy reaches total depth at Zimbabwean exploration well, more zones with elevated gas
Major Zimbabwean gold mine Blanket switches on 12MW solar power facility
Caledonia Mining Corporation (Caledonia) has switched on a 12.2MW solar power plant at its 64% owned gold mine Blanket in southwestern Zimbabwe, it has announced.
Zambia's Copperbelt Energy sues ex-ZESCO board member for defamation over allegations in 'Corporate capture' book
The number of people without access to electricity is rising for the first time in decades, mostly in Africa
The number of people without access to electricity is rising for the first time in decades, says IEA, thanks to the energy crisis.
South Africa’s electricity supply woes will take years to fix, top renewable power company says
Ghana’s Tropical Cable, California-based CTC Global partner to manufacture ACCC conductors
Belgium funds solar energy facility in Morocco’s Noor Ouarzazate
Africa could produce 10% of green hydrogen market by 2050 - report
Africa has the potential to satisfy up to 10% of the global green hydrogen market by 2050, according to a new report jointly published by renewable energy company Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the CO
Uberwealthy are the worst climate criminals
The investments of the world’s 125 wealthiest people produce the same amount of CO2 as the whole of France, while each of them emits a million times more greenhouse gases than the average person.
South Africa: new Eskom director Tryphosa Ramano exposed as source of PPC market-sensitive information leak
Gas has potential to derail COP27’s green ambitions
Emissions from future LNG projects and could use up 10% of the remaining global carbon budget for 1.5˚C warming by 2050.
Follow us online