AfrElec - Africa Power Monitor

19 August 2025

South Africa's power utility Eskom launches 291-MW solar tender amid accelerated renewables rollout

18 August 2025

South Africa’s state-owned power utility Eskom has launched a tender for 291 MW of solar photovoltaic capacity under long-term power purchase agreements with independent power producers.

South Africa’s minister provides update on grid performance, status of electricity sector reform process

15 August 2025

South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has assured the nation that ongoing reforms in the electricity sector are “irreversible.”

Nigeria approves $8.5mn compensation and $34mn transformer plan to boost electricity grid

14 August 2025

The Nigerian government has approved NGN13bn ($8.5mn) in compensation and a $34mn transformer procurement initiative as part of ongoing efforts to modernise the national electricity grid and improve power stability

Egyptian energy firm TAQA Arabia posts 66% y/y jump in net profit to $7.24mn in H1 2025

14 August 2025

TAQA Arabia, the largest private-sector energy distribution company in Egypt, posted a consolidated net profit in H1 2025 of EGP 350mn ($7.24mn), a 66% year-on-year (y/y) jump, the company said in a bourse filing.

Egypt and Greece to accelerate sub-sea power interconnection project

14 August 2025

Egypt and Greece have agreed to accelerate the 3GW Egypt–Europe electricity interconnection project via Cyprus, which aims to export renewable energy from Egypt via the development of multiple solar and wind power projects.

Morocco launches international tender for $6.2mn hybrid solar-diesel power plant in El Guerguarat

13 August 2025

Morocco’s National Office of Electricity and Drinking Water (ONEE) launched an international tender for the construction of $6.18mn hybrid solar-diesel power plant with battery storage in El Guerguarat.

Uganda approves 100 MW solar plant with US firm Energy America to expand clean energy capacity

12 August 2025

Uganda’s government has authorised the development of a 100 megawatt-peak (MWp) solar photovoltaic (PV) power plant integrated with 250 megawatt-hours (MWh) of battery energy storage (BESS) in Kapeeka Sub‑County, Nakaseke District.

ASP Isotopes set for Johannesburg listing, will acquire Renergen, advance uranium enrichment plans with NECSA

12 August 2025

Nasdaq-listed ASP Isotopes plans to list on the JSE and acquire 100% of South Africa’s only onshore helium and LNG producer while advancing uranium enrichment plans with NECSA.

Nigeria’s Elektron Finance launches $130mn bond programme for Lagos power project

12 August 2025

Elektron Finance SPV has launched a NGN200bn ($130mn) bond issuance programme, marking its debut in the country’s debt capital market with strong institutional investor participation.