AfrElec - Africa Power Monitor

Ghana secures $13.44mn Japanese grant to boost power supply in Tamale

Ghana and Japan have signed a $13.44mn grant agreement to enhance power supply stability in Tamale, the largest city in northern Ghana, as part of ongoing efforts to strengthen bilateral cooperation.

US to lend $4.7bn to TotalEnergies for stalled Mozambique LNG project

TotalEnergies’ long-delayed Mozambique LNG project appears back on track after the US Export-Import Bank greenlighted a $4.7bn loan.

Egypt plans to build four renewable energy projects under NWFE programme

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, said that four renewable energy projects under the Nexus of Water, Food and Energy programme will be connected to the national grid by summer 2025.

Egypt Aluminium signs agreement with Scatec to establish $650mn solar project

Kenya’s SunCulture secures $4mn from BII to expand solar irrigation

Red Rocket reaches financial close for 242-MW phase of Overberg Wind Farm in South Africa

South African renewable energy independent power producer (IPP) Red Rocket has achieved financial close on the first 242-MW phase of the Overberg Wind Farm in South Africa.

Nigeria launches $500mn renewable energy fund to expand access

Global Solar Council forecasts Africa solar capacity to double in four years

The Global Solar Council (GSC) has released its Africa Market Outlook for Solar PV 2025-2028 with an in-depth analysis of the continent’s solar photovoltaic (PV) growth in the next four years.

ASX-listed Lotus Resources upbeat over Botswana uranium project Letlhakane's prospects

Lotus Resources (Lotus), an Australian mining company, has said an updated scoping study for its uranium project in Botswana shows the asset has potential to support 3mn pounds per year of uranium oxide (U3O8) production over 10 years.

Nigeria's Geregu Power raises final dividend for 2024

Geregu Power has declared a final dividend of NGN8.50 ($0.0055) per share for the 2024 financial year, an increase from the NGN8.00 ($0.0051) per share distributed in the previous year.

Nigeria partners with Oando Clean Energy for 1.2-GW solar module plant

Nigeria’s Rural Electrification Agency has partnered with Oando Clean Energy to develop a 1.2-GW solar module assembly plant, aiming to enhance the country’s renewable energy sector,

Norwegian renewable energy provider Scatec ASA switches on 60MW solar project in Botswana

Kenya reviews Ethiopia-Tanzania power transit deal

Equator secures $55mn to back African climate tech startups

Ghana faces gas supply crunch as WAPCo cuts deliveries over $20mn debt

Nigeria signs $200mn deal with WeLight to expand rural electricity access

POWERX, Yellow Door Energy sign 25MW power purchase deal for output from South African solar farm

GECF bullish on natural gas as "integral" to energy mix for decades to come

“We are convinced now more than ever that natural gas is not just a bridge to the future. It is an integral part of the future,” GECF Secretary General Mohamed Hamel said.

Kenyan energy officials on trial over alleged inflated geothermal tender

Tanzania defends Ethiopia power deal as cost-cutting measure

Ghana’s state firms face financial crisis as government pushes reforms

Renergy Egypt, Alvarez & Marsal to engage in $17bn green hydrogen plant in Sinai

Renergy Egypt for Renewable Energy and Alvarez & Marsal Consultancy announced plans to participate in the major $17bn green hydrogen plant in Sinai