AfrElec - Africa Power Monitor
US consultancy Synergy secures contract as lead financial advisor for $4.5bn dam project for Zimbabwe, Zambia
Zimbabwe and Zambia have selected US group Synergy Consulting Ltd (Synergy) as the lead financial advisor for their planned $4.5bn hydropower project on a river that forms part of their common border.
Nigerian states prepare to sign direct power contracts to unlock 9,000-MW capacity
Nigeria’s 36 states are preparing to sign direct power purchase contracts (PPCs) with generation companies (GenCos) to utilise about 9,000 MW of currently stranded generation capacity and improve electricity supply at the state level.
Sawa Energy secures €2.5mn EU investment to expand solar and battery projects in Uganda
Uganda-based renewables company Sawa Energy has received a €2.5mn ($2.88mn) equity investment from ElectriFI, the EU-funded impact investment facility managed by EDFI Management Company.
Kenya’s KenGen declares record dividend after 54% profit rise
Kenya Electricity Generating Company (KenGen) has declared a final dividend of KES 0.90 ($0.0069) per share, a total payout of KES 5.93bn ($45.79mn), payable on 12 February 2026 to shareholders on the register as of November 27, 2025.
Nigeria’s power generators report $1.5bn in losses from stranded electricity capacity
Nigeria’s power generation companies estimate $1.5bn in stranded electricity capacity since 2013 due to transmission constraints and grid instability, highlighting ongoing structural weaknesses in generation, transmission and distribution.
South Africa’s maxwell+spark raises $15mn Series B to scale industrial logistics electrification
South African-founded maxwell+spark, which develops lithium-ion systems to electrify forklifts and refrigerated transport, raised $15mn in a Series B round led by Klima, Alantra’s energy transition fund.
Genesis Energy and Nigeria’s NNPCL agree deal to channel surplus refinery power to national grid
Genesis Energy has entered a strategic collaboration with the Nigerian National Petroleum Company Limited (NNPCL) to supply surplus electricity from the Port Harcourt Refining Company into Nigeria’s national grid
Nigeria's Heirs Energies' CFO on powering growth via sustainable, indigenous-led development
NewsBase speaks exclusively to Samuel O. Nwanze, Executive Director and Chief Financial Officer of Nigerian indigenous integrated oil and gas company Heirs Energies.
China’s Kaishan to build $800mn geothermal-powered green ammonia plant in Kenya
Chinese engineering firm Kaishan Group Co. Ltd (SZSE: 300257) has signed a steam-supply agreement with Kenya Electricity Generating Company (NSE: KGN) to build a 165 MW geothermal-powered green ammonia plant in the East African country.
South African independent power producer SOLA Group's Springbok project begins commercial operations
The $175mn 195-MW Springbok solar power project in central South Africa, owned by local renewable energy firm SOLA Group, has started commercial operations.
Solar projects dominate new South African energy projects under development, survey reveals
About 220 gigawatts (GW) of renewables capacity is at various stages of development in South Africa, with 72 GW being at an advanced stage, Engineering News reported on October 27.
Moody's sceptical of South African power utility Eskom's fundraising capacity
Moody's has expressed doubt that South Africa's state-owned power utility, Eskom, will succeed in its bid to raise the funding it needs to invest in infrastructure upgrades.
Sun King opens Kenyan solar assembly plant to serve off-grid households, plans Nigerian unit
Off-grid solar company Sun King has opened its first large-scale assembly plant in Nairobi for solar-powered televisions and smartphones using its off-grid systems. It also plans to open a second plant in Nigeria to strengthen its supply chain.
Nigeria seals pact with China's Longi to build up to 1 GW solar panel plant
Nigeria has signed a strategic partnership with Chinese solar manufacturer Longi to establish a domestic solar module factory with a capacity of between 500 MW and 1 GW
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