AfrElec - Africa Power Monitor
Iran war drives Egypt’s energy bill higher amid surging import costs
Egypt faces mounting pressure from an annual energy bill approaching $20bn, as global geopolitical tensions driven by the US-Israeli strikes on Iran and domestic production challenges complicate efforts to secure sustainable energy supplies
Nigeria Labour Congress rejects $4.40bn bailout for power generation companies
Nigeria’s main labour union has opposed a proposed $4.40bn bailout for power generation companies, warning that the intervention would fail to address structural weaknesses in the electricity sector.
Solad completes first I-REC sale in Nigeria through subsidiary
Solad Power Group has completed its first International Renewable Energy Certificate (I-REC) sale through its subsidiary, marking a step in Nigeria’s transition towards market-based climate solutions
South Africa study backs 5–10GWh battery gigafactory amid rising BESS demand
A feasibility study by South Africa’s Localisation Support Fund finds strong demand for battery storage could support a 5–10GWh gigafactory, with locally produced lithium iron phosphate cells potentially competitive against imports.
Tunisia secures Japan-backed financing for 130MW solar project
Japan will finance a 130MW solar project in Tunisia under its Joint Crediting Mechanism, supporting renewable capacity expansion while generating carbon credits, with participation from Marubeni and Voltalia.
World Bank debars PwC units in Kenya, Rwanda and Mauritius over Ethiopia power project
The World Bank Group has imposed a 21-month debarment with conditional release on three PricewaterhouseCoopers entities in Africa over collusive and fraudulent practices linked to an electricity integration project between Ethiopia and Kenya
Nigeria’s power grid leaves 68% capacity idle despite strong demand
Only 4,384MW of Nigeria’s 13,625MW installed grid capacity was available for dispatch in February 2026, leaving about 68% idle despite clear signs of strong electricity demand
Kenya’s KenGen expands geothermal expertise to Bhutan and other countries
Kenya Electricity Generating Company (KenGen) (NSE:KEGN) is extending its geothermal power expertise to the Kingdom of Bhutan, joining five other countries where the firm is supporting clean energy development
South32 shuts down Mozambican aluminium smelter Mozal over high electricity cost
South32 Limited (ASX/JSE:S32) has placed its aluminium smelter in Mozambique on care and maintenance after it failed to secure an affordable electricity tariff
Mauritius picks French renewables firm Seaturns to build 10MW farm
French wave energy developer Seaturns has won a tender to launch a pre-commercial offshore energy farm in Mauritius, Modern Power Systems writes.
Nigeria taps Transcorp Energy to expand renewable power, via linking mini-grids
Transnational Corporation Plc's (NGX:TRANSCORP) energy unit plans to deploy mini-grid projects to deliver reliable electricity to underserved communities across Abuja.
Ghana sets first EV charging tariff as utility prices fall in broader energy reset
Ghana has introduced its first regulated tariff for commercial electric vehicle (EV) charging while cutting electricity and water prices, in a move aimed at easing costs and supporting energy transition efforts.
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