AfrElec - Africa Power Monitor
South Africa: G20 African Energy Investment Forum to drive energy sector innovation
The G20 African Energy Investment Forum, organised by the African Energy Chamber (AEC), is taking place on November 21 in Johannesburg, South Africa.
South Africa utility Eskom outlines $24.2bn transmission expansion as updated nuclear roadmap advances
South Africa plans a major expansion of its transmission network and has extended Koeberg’s operating licence as part of its updated nuclear and grid strategy.
Zimbabwe’s Zesa proposes conceptual Hwange Units 9–12 in long-term energy plan
Zesa Holdings has outlined early-stage, conceptual plans for developing four additional thermal units as part of Zimbabwe’s long-term energy strategy.
Singapore’s Destiny Energy explores $210mn green ammonia and hydrogen proposal in Egypt’s SCZone
South Africa lifts PBMR nuclear project out of care and maintenance
Deutsche Bahn, El Sewedy sign 15-year contract to operate Egypt’s high-speed rail network
Libya installs first hospital solar systems capable of feeding power back into national grid
Libya’s Renewable Energy Authority has installed two hospital hybrid solar systems capable of exporting surplus electricity to the national grid and switching to independent operation during outages.
AfDB approves $100mn loan to boost renewable energy and transport infrastructure across Africa
South Africa's power utility Eskom sees decline in borrowing costs amid signs of turnaround
A measure of South African firm Eskom's credit risk has declined to its lowest point in a year as investor confidence grows that the state-owned power utility is returning to stability after years of underperformance.
Mauritius Commercial Bank leads $400mn loan for Karpowership’s African operations
Mauritius Commercial Bank Ltd. led the arrangement of a $400mn syndicated loan for Karpowership’s African unit, Sea World Energy Holdings Ltd., expanding its regional energy-financing portfolio amid rising electricity demand across the continent.
Axian Energy signs deal to develop 100-MWp solar-plus-storage plant in Chad
Axian Energy has signed a memorandum of understanding with Chad’s Ministry of Energy and Water to develop and operate a 100-MWp solar-plus-storage facility in N’Djamena, paired with a 50-MWh battery energy storage system
Norfund invests $75mn in South Africa’s Mulilo Renewable Energy to support coal transition
Norway’s Norfund (via its Climate Investment Fund) will invest $75mn in South Africa’s Mulilo Renewable Energy Ltd. to scale solar and wind projects under the REIPPPP programme.
Schneider Electric targets 85% local component in Egypt’s Badr facility
Schneider Electric unveiled plans to raise the local component ratio of its Badr City factory in Egypt from 81% in 2024 to 85% in the coming period
AEC to host G20 African Energy Investment Forum ahead of G20 Summit in Johannesburg
The African Energy Chamber (AEC) will host the G20 African Energy Investment Forum ahead of the G20 Summit in South Africa.
Tunisia, World Bank sign $430mn results-based energy transition deal to mobilise $2.8bn in renewables
Tunisia has signed a $430mn results-based financing deal with the World Bank to modernise its energy sector. The initiative aims to mobilise $2.8bn in private investment, add 2.8GW of renewable capacity by 2028, and cut electricity-supply costs 23%.
Nigeria restructures Siemens-backed power initiative into phased implementation plan
Nigeria has restructured its Presidential Power Initiative with Siemens Energy into a three-phase implementation plan, focusing first on stabilising the existing grid before expanding transmission and distribution capacity.
South Africa: Industry condemns government silence over looming gas crisis as Sasol offers interim fix
The Industrial Gas Users Association of South Africa (IGUA-SA) has once again voiced its concerns about the impending “gas cliff” and the government’s inaction in addressing the supply shortage.
Nigeria’s electricity distributors collect record $1bn in first eight months of 2025
Nigeria’s electricity distribution companies collected NGN1.51trillion between January and August 2025, the highest revenue recorded over a comparable period, according to NERC data.
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