AfrElec - Africa Power Monitor

1 September 2026

South Africa’s Eskom more than doubles annual profit to $1.9bn as power sales fall

31 August 2026

Eskom more than doubled annual profit after tax to ZAR30.3bn in the year to March 31, marking a second consecutive year of profitability as improved plant performance and higher tariffs outweighed a sharp decline in electricity sales.

Lesotho launches $5mn Semonkong hybrid power project

31 August 2026

Lesotho has launched a LSL78mn ($5mn) World Bank-backed hybrid power project at Semonkong that will rehabilitate the mountain town’s ageing mini-hydropower station and add solar generation, battery storage and diesel backup.

JCM Power selected for 30MW Mozambique solar project

31 August 2026

Canadian independent power producer JCM Power has been selected to develop a 30MW solar photovoltaic power plant in Tete, marking its entry into Mozambique as the country seeks to attract private investment into renewable energy.

MSGBC gas projects shift focus to infrastructure and investment

31 August 2026

The MSGBC Basin is moving from major discoveries towards project development, with Senegal and Mauritania seeking to build gas and LNG industries that can support exports and domestic energy needs.

Nigeria’s TCN deploys 89 transformers in $1.4bn-plus grid expansion

31 August 2026

Nigeria's state-owned Transmission Company of Nigeria (TCN) said more than $1.4bn in development financing had been mobilised for projects to rehabilitate and expand the country's electricity transmission network

Nigeria’s NERC says Benin, Niger and Togo in arrears for power purchased in 2025

31 August 2026

International electricity customers in Benin, Niger and Togo left $11.16mn of Nigerian Market Operator bills unpaid in 2025, although their overall payment performance improved from a year earlier, according to the regulator.

Sahara Power starts construction of $12mn gas-fired power plant in Lagos

31 August 2026

Nigeria's Sahara Power Enterprise Group (SPEG) has started construction of a $12mn, 12MW gas-fired independent power plant (IPP) in Lagos, targeting completion in the first quarter of 2027.

Nigeria's Edo State issues transmission, distribution licences for 100MW power project

31 August 2026

Nigeria's Edo State has issued transmission and distribution licences to CCETC Ogua Energy Limited for a 100MW power project in Ikpoba-Okha, clearing another regulatory step towards commissioning targeted by the end of 2026.

Ghana grid operator profit jumps 89% as power flows hit record

31 August 2026

Ghana Grid Company Ltd. increased profit after tax 89% in 2025 as electricity transmitted across the country’s power network reached a record.

Nigeria declares force majeure on Niger power link after tower collapse

31 August 2026

Nigeria’s Transmission Company of Nigeria (TCN) on August 28 declared force majeure on a cross-border electricity line supplying Niamey after three transmission towers collapsed in Kebbi State, interrupting bulk power exports.

Ghana reopens probe into $1mn bribery case involving ex-Goldman Sachs banker after US conviction

28 August 2026

Ghana’s Office of the Special Prosecutor has opened an investigation into the local dimension of a $1mn bribery case involving former Goldman Sachs banker Asante Kwaku Berko and a Tema power project.

Solarcentury Africa, Dallaglio advance 7 MW solar project at Zimbabwe’s Eureka gold mine

27 August 2026

Solarcentury Africa has signed an agreement with Dallaglio Investments to develop a 7 MWp solar power plant at the Eureka Gold Mine in Zimbabwe, as mining companies seek to reduce energy costs and improve power supply reliability.

AEC warns Wild Coast ruling could deter investment in African oil and gas

27 August 2026

The African Energy Chamber criticised the Wild Coast ruling, saying it could weaken South Africa’s energy security and discourage investment in African oil and gas projects.

Greenpeace welcomes Wild Coast ruling as boost for South Africa's communities and renewable energy

27 August 2026

Advocacy group Greenpeace International has welcomed South Africa’s Constitutional Court ruling against Shell’s Wild Coast exploration, saying it strengthens the rights of coastal communities and supports a shift towards renewable energy.

Ghana plans 1,200MW state-owned thermal power expansion by 2029

27 August 2026

Ghana plans to procure 1,200 megawatts of combined-cycle thermal generation capacity by 2029, a major expansion aimed at lowering electricity costs and strengthening energy security as the country seeks to make its power sector more competitive.

South African miners scale up renewable power to cut Eskom reliance

27 August 2026

South Africa’s largest mining groups are rapidly expanding private renewable-power portfolios to cut electricity costs, improve energy security and reduce dependence on state-owned utility Eskom.

Ghana Gas shifts profits into infrastructure as expansion drive accelerates

27 August 2026

Ghana Gas Company plans to reinvest earnings in infrastructure and expansion after improving profitability, as the state-owned gas company seeks to strengthen the reliability of fuel supplies to power plants and industry.

Namibia’s Langer Heinrich completes ramp-up as uranium output rises 60%

27 August 2026

Paladin Energy (ASX: PDN; TSX: PDN) produced 4.82mn lb of uranium oxide (U3O8) at its Langer Heinrich mine in Namibia in the financial year ended June 30, up about 60% y/y.

Andrada hits 24 metres at 2% lithium oxide at Namibia’s Lithium Ridge

26 August 2026

Andrada Mining (AIM: ATM, OTCQB: ATMTF) has reported further lithium mineralisation at its Lithium Ridge Project in Namibia, including an intersection of 24.08 metres grading 2% lithium oxide (Li₂O)

China’s Sinomine secures 300,000-tonne Zimbabwe lithium export quota before 2027 ban

26 August 2026

Zimbabwe has granted China’s Sinomine Resource Group an additional 300,000-tonne lithium concentrate export quota ahead of a January 2027 export ban.

ExxonMobil earmarks $4bn for local content under Mozambique LNG project

26 August 2026

ExxonMobil (NYSE: XOM) has earmarked about $4bn for local content under its Rovuma LNG project in northern Mozambique, raising expectations among domestic businesses as the US energy major moves closer to implementing the long-delayed gas project.

Stardust’s 30 MW Zambia solar project clears government hurdle, awaits financing

26 August 2026

Stardust Solar Energy (TSXV: SUN) said Zambia’s Ministry of Energy has approved and executed an implementation agreement for its planned 30 MW solar project in the Copperbelt.

Botswana grants France's Orano three more uranium exploration licences

25 August 2026

Botswana has granted three new uranium prospecting licences to French state-owned Orano Mining, taking the company’s total holdings in the country to 18 as the diamond-dependent economy seeks to diversify.

Mozambique’s gas sector development shifts from potential to project delivery, says AEC

25 August 2026

Mozambique’s gas sector is entering a new phase as major LNG projects restart or move towards investment decisions, while the government seeks to use domestic gas supplies to expand electricity access and support industrial development.