AfrElec - Africa Power Monitor

Middle Eastern investors pour into Africa

Middle Eastern investment into Africa is becoming one of the most important sources of new capital, with projects valued at more than $53bn announced in 2023.

Russia in talks to build oil refinery in Uganda

Uganda is in talks with Russia on the construction of an oil refinery and the advancement of its nuclear power industry.

Ethiopia diversifying green energy sources amidst GERD dam controversy

AfrElec: South Africa’s power utility Eskom announces return to higher stages of power outages

Manager at South Africa’s power utility Eskom arrested on fraud charges

Virtual power wheeling seen as South Africa’s solution to grid instability

62% of Zimbabwe's population have access to electricity, top official says

First Quantum Minerals stresses importance of reliable electricity supply for Zambia's mining sector

IMF urges Nigeria to phase out subsidies on fuel and electricity

The International Monetary Fund (IMF) has urged the Nigerian federal government to completely remove subsidies for fuel and electricity, noting that such policies were expensive and ineffective at helping the country’s population.

Power aggregators to accelerate clean energy transition in South Africa’s mining sector

Nigeria to battle power crisis through paying off huge $2.16bn debt

South Africa's lack of reliable electricity supply poses heaviest drag on economic growth, Allianz warns

Engie-led South Africa’s Oya Energy Hybrid Project secures financial close

Kenyan renewables company Serengeti Energy begins building a 5-MW hydropower project in Lesotho

A Kenya-headquartered company Serengeti Energy (Serengeti) has said its 5-MW hydropower project in Lesotho has reached financial close, paving the way for construction to begin.

Zimbabwean firm Optate Africa unveils plan to build 200MW wind farm

IMF calls on Nigeria to continue reducing subsidies despite hardship of citizens

German Fund utilises €270mn grant for hydrogen facilities in Morocco, Egypt