AfrElec - Africa Power Monitor

AEC calls for balance in developing Africa’s gas for domestic growth and global supply

The AEC’s State of African Energy 2026 Outlook report explores how Africa can realise value from its underdeveloped gas resources by striking a balance between LNG exports and domestic demand for power generation and industrial use.

South Africa’s Revego Energy Fund raises $62mn to scale renewables

South Africa-focused Revego has raised $62mn, lifting its portfolio to ZAR3bn as it expands solar and wind investments amid strong private-sector demand for clean power and positions itself for a potential listing once assets approach $1bn.

Nigeria’s national grid collapses in first outage of 2026

Nigeria’s national electricity grid collapsed last week for the first time in 2026 following multiple high-voltage transmission line failures and the disconnection of key generation units.

Kenya targets major hydropower expansion with 700MW High Grand Falls project

Kenya’s state-owned power producer has taken a formal step towards developing a major new hydropower facility after senior government and company officials toured the proposed site, underscoring renewed momentum behind the long-delayed project

AfDB approves $16.5mn loan for OrPower Menengai geothermal plant in Kenya

The African Development Bank Group (AfDB) has approved a $16.5mn loan to support construction of the 35-MW OrPower Twenty-Two geothermal power plant in Kenya.

TAQA Morocco, JBIC sign MoU to finance energy and infrastructure projects through 2030

Algeria targets bringing 1.48GW of new solar capacity online in 2026

Algeria aims to commission nine solar power plants with a combined capacity of 1.48GW in 2026, led by state utility Sonelgaz, a move that would more than triple domestic installed solar capacity and reduce reliance on gas-fired power generation.

Masdar and Octopus Energy sign MOUs for UK and Africa renewables push

Abu Dhabi-based Masdar and UK power group Octopus Energy have signed two MOUs to jointly develop renewable energy projects in the UK and across Africa, targeting solar, wind and battery storage as part of their global decarbonisation strategies.

Africa solar capacity tops 63GW as Chinese imports reveal hidden growth

Africa’s installed solar capacity may already exceed 63GW, nearly three times official estimates, after AFSIA analysed Chinese module export data. The findings suggest the continent was the world’s fastest-growing solar market in 2025.

Egyptian El Nasr Automotive explores EV battery production with China’s Shandong Heavy Industry

Nigerian GenCos lose $1.6bn in capacity payments over a decade as power remains stranded

Nigeria’s power generation companies lost an estimated NGN2.28 trillion ($1.6bn) in capacity payments between 2015 and 2025 as large volumes of electricity failed to reach consumers

Chinese firm Bluesun wins contract to build 26MW solar project in Zambia

Kiyona Energy (Kiyona) of Zambia has selected Bluesun Solar Zambia (Bluesun) to build a 26-megawatt (MW) solar farm in the southern African country.

South Africans to learn new Eskom electricity tariffs on April 1

South African households will learn their new electricity tariffs on April 1 after NERSA closed public consultations, as consumers brace for potential bill increases following earlier double-digit hikes approved for Eskom.

UK and AfDB extend $1bn climate guarantee for South Africa

The UK government and the African Development Bank (AfDB) have extended a climate-linked $1bn debt guarantee to South Africa, preserving a $400mn municipal funding programme that risked lapsing if the facility had expired.

Malawi's cost of living crisis set to worsen as regulator hikes electricity tariff by 12%

Malawi’s energy regulator announced a 12% electricity tariff increase on January 20, a day after it hiked the fuel pump price by 40%.

NORAD grants Africa-focused renewable energy developer Axian $1mn for investment in African projects

Africa-focused renewables developer Axian Energy (Axian) has received a $1mn grant from the Norwegian Agency for Development Cooperation (NORAD) to finance early-stage activities at projects in four African countries.

Zambian college signs MoU with Vision Hitech of China to build 20MW solar farm

Zambia’s Kafue Gorge Training Centre (KGTC) has started building the first phase of a 20-MW solar project, which is expected to be completed by December this year.

Kenya Power sees record electricity demand amid growing economy

Kenya’s national electricity demand hit a record 2,439 megawatts (MW) on December 3, 2025, the highest in the country’s history.

South Africa may turn to banks or bonds to help achieve Eskom decarbonisation, says energy minister

South Africa is struggling to access more than $13bn pledged by Western partners to support Eskom’s decarbonisation, as the financing terms are too costly, Energy Minister Kgosientsho Ramokgopa says.