AfrElec - Africa Power Monitor
Ugandan lawmakers approve cabinet request to borrow up to $331mn for nationwide electricity access drive
Nigerian governors take government to court over power plant sales
Russia’s Rosatom plans to perform construction work on El Dabaa NPP four units concurrently
COP27: “Loss and damage” fund to be created, but no phase-out of fossil fuels
In a historic step at COP27, negotiators from nearly 200 countries at the UN summit in Egypt agreed to establish a “loss and damage” fund to help developing countries cope with climate mitigation.
AIM-listed Kibo Energy renews MoU with Tanzania utility to develop Mbeya power project
AIM-listed transitional energy investor Chariot forges partnership to trade electricity in South Africa
Botswana: India’s Jindal Steel & Power wins tender to build 300MW coal-fired power plant
South Africa: Reserve Bank, JSE ponder alleged regulations breach by Eskom’s newly appointed director, Tryphosa Ramano
Lekela Power to invest $2bn in Egyptian renewable power generation
South Africa government urgently seeks funds to replenish utility Eskom’s depleted diesel reserves
Zimbabwe drafts electric vehicle adoption policy, sets goal of 33% penetration rate by 2030
Zimbabwe allegedly grants 25-year coal exploration, mining licence to local firm for mere $100,000
Climate paralysis at COP27 as no progress made on 1.5 degrees
COP finished two days late on November 20 without any new agreements on climate change targets or emissions reductions, although a deal was hammered out to set up an as yet uncosted loss and damage fund.
COP27: Coal proves a stubborn foe in fight to save climate
Reducing coal consumption is the central challenge to achieving the world’s climate targets, Fatih Birol, executive director of the International Energy Agency, told COP27.
COP27: Africa lobbies to retain gas use despite pollution dangers
African nations are lobbying to be allowed to use their natural gas reserves to lift up to 600mn people out of energy poverty and to connect them to modern electricity supplies.
COP27 warns business cannot be trusted to police greenwashing
The UN has identified greenwashing by business and finance as the biggest danger facing the race to net zero, urging them to avoid a toxic cover-up and to ensure that any climate pledges they keep are in line with the 1.5-degree targets.
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