AfrElec - Africa Power Monitor
Husk secures $3.2mn local-currency debt to scale Nigeria minigrid pipeline
Husk Power Systems has secured an NGN 5bn ($3.2mn) revolving loan from United Capital Infrastructure Fund (UCIF) to grow its solar minigrid programme in Nigeria.
Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)
President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.
Malawi’s ESCOM launches major projects with aim to boost electricity access to 30% by 2030
ESCOM says the government’s priority is to deliver flagship projects such as the Mozambique–Malawi 400kV Interconnection Project (MOMA) on schedule, to build a reliable and "resilient grid that supports national development".
Leo Lithium to return $171mn from sale of 40% stake in Mali’s Goulamina project to China’s Ganfeng
GoviEx, Niger extend arbitration pause on Madaouela uranium project valued at $376mn
Madaouela is among the world’s largest uranium resources, with measured and indicated resources of 100mn pounds of U₃O₈ and a post-tax net present value of $376mn at a uranium price of $80 per pound.
Scatec launches industrial electric vehicle (EV) pilot in South Africa's Northern Cape
Aminex reaches major milestone in Tanzania’s largest onshore gas development - Interview
Aminex has entered the construction phase of the Ntorya Project, Tanzania’s largest onshore gas development, marking a key milestone for the company and the East African country’s energy strategy.
Kenya open to buying power from Ethiopia’s $4bn mega-dam, ready to mediate in Nile row with Egypt
Kenya is open to purchasing electricity generated by Ethiopia’s newly launched Grand Ethiopian Renaissance Dam (GERD) and ready to mediate disputes with downstream Nile Basin countries over water usage.
Japan to extend up to $170mn in financing to Kenya
Kenya intends to channel the funds into strengthening its vehicle assembly and component manufacturing base, while also tackling chronic inefficiencies in the electricity grid.
Kenya, France's AFD agree to cooperate in geothermal segment to boost uptake in East Africa
Kenya and France have signed a cooperation agreement to accelerate geothermal energy development in East Africa, focusing on Kenya, Tanzania, and Uganda, according to the French Development Agency (AFD)
ASX-listed Gladiator Resources in talks to sell Tanzanian uranium assets, eyes US rare-earth projects
ASX-listed Gladiator Resources Ltd (GLA) announced it is in discussions with multiple groups for the purchase of its Tanzanian uranium prospects located within the Mkuju region in the south-west of the country.
Ghana’s power grid seeks 130% tariff hike to sustain operations
Ghana’s state power transmission firm has applied to more than double its tariffs from 2025, warning that current charges are inadequate to maintain the grid and fund investment.
African leaders, lenders at summit in Ethiopia seek to mobilise $100bn climate investment ahead of COP30
African leaders at the Addis Ababa climate summit pledged to mobilise up to $100bn working with banks and development lenders, shifting from aid to investment ahead of COP30, targeting green industry and renewables.
Mozambique's $6bn Mphanda Nkuwa Hydropower Project to advance national development
The $6bn Mphanda Nkuwa Project (Mphanda Nkuwa) will be built across the Zambezi River, which ranks among the continent’s largest water courses.
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