AfrElec - Africa Power Monitor
Russia to capitalise on Africa’s growing energy demand
Russia has been intensifying its efforts to strengthen energy partnerships with African countries, indicating a broader strategy to enhance its geopolitical influence across the continent.
TotalEnergies expands renewables footprint with key acquisitions across Europe, Africa, and North America
TotalEnergies has finalised its acquisitions of VSB Group, a European wind and solar developer, and SN Power, a hydropower firm with operations in Uganda.
Coal-based electricity generation down to 74% in South Africa in January as renewables sector grows
South Africa's government has commended a decrease in coal-based electricity production and improved renewables contribution in January, saying that, if sustained, the trend could reduce the nation's carbon emissions.
Africa Energy Bank receives capital contributions from Angola, Ghana and Nigeria
Three members of the African Petroleum Producers Organisation, Nigeria, Angola and Ghana, have fulfilled their capital commitments towards establishing the Africa Energy Bank.
Nigeria to ban solar panel imports amid push for local manufacturing
Nigeria has announced plans to ban the importation of solar panels in a move aimed at strengthening domestic manufacturing and advancing the country’s clean energy transition.
Botswana seeking to secure 200-MW from South Africa amid deepening power supply crisis
Botswana’s government officials have scheduled a meeting with South Africa’s Ministry of Electricity and Energy on April 3 to address the escalating electricity import costs and seek a new power supply agreement.
Uganda's opposition leader calls for in-depth scrutiny of electricity distributor Umeme buyout deal
Solar power mini-grids could electrify Africa
In Africa mini-grids are emerging as a viable solution to power remote communities, thanks to falling solar panel prices, more favourable regulations and rising international investment.
Inspired Evolution raises $239mn for investment in Africa's renewable energy sector
South African private equity firm Inspired Evolution, focussed on clean energy, has achieved financial close of its Evolution III Fund, raising $238mn for investment on the continent.
High solar registration fees in South Africa may force more customers to leave state power utility Eskom
South Africa’s state-owned power utility Eskom is planning to introduce registration fees for customers who now have other electricity supply options from renewable energy sources.
ADNOC subsidiary XRG completes acquisition of Galp’s stake in Mozambique’s Rovuma Basin LNG projects
XRG, a wholly owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has completed its acquisition of Portuguese oil and gas company Galp Energia’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin.
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