AfrElec - Africa Power Monitor

Mulilo reaches financial close on 150MW solar project in South Africa

Mulilo has reached financial close on a 150MW solar project in South Africa, underscoring growing momentum in private PPAs and the country’s liberalising power market.

EIB Global invests $3.35bn in Africa in 2025 to back climate action, infrastructure projects

Egypt mulls backing 2,400MW Zimbabwe and Zambia's $5bn Batoka hydroelectric power plant project

Egypt has expressed interest in participating in the construction of a 2,400-megawatt (MW) hydropower plant that Zimbabwe and Zambia plan to build at a point along a river which forms part of their border.

Nigeria’s REA and Lotus Bank sign $74.18mn renewable energy credit deal

The Rural Electrification Agency (REA) and Lotus Bank have announced a NGN100bn ($74.18mn) revolving credit facility to expand renewable energy access in Nigeria’s underserved rural communities.

South Africa’s Koruson 1 wind project adds 420MW to national grid

French renewable energy developer EDF power solutions has commissioned the 420MW Koruson 1 wind cluster in South Africa, marking one of the largest recent additions to the country’s renewable energy capacity.

Spiro raises $50mn to expand battery swapping network across Africa

FTC Solar secures supply deal with South Africa-based Lubanzi Inala

Africa–Venezuela energy cooperation strengthened through high-level AEC visit

A delegation from the African Energy Chamber (AEC) has visited Venezuela to advance a structured cooperation programme in the hydrocarbon sector and establish technical training partnerships.

Indian firms INOX Clean Energy and RJ Corp to build 500MW solar project in Zimbabwe

Casava and Rivy launch Nigeria’s first green insurance for SME solar investments

Casava has partnered with clean-tech financier Rivy to introduce Nigeria’s first dedicated green insurance products for small and medium-sized enterprises investing in solar energy

Egypt accelerates upstream, LNG and renewables drive under 2026 energy strategy

Following recent gas supply shortages, Egypt is accelerating exploration, expanding LNG capacity, upgrading infrastructure and increasing renewable energy to rebuild surplus production and strengthen its role as a regional energy hub.

Nigerian GenCos warn power market near collapse over $4.61bn debt and 7,000MW stranded capacity

Nigeria’s power generation companies warn the electricity market is on the brink of collapse, citing more than $4.61bn in unpaid invoices and the non-recognition of capacity payments that they say has left 7,000MW of installed capacity stranded.

Burundi expands solar-powered healthcare with UNDP-backed hybrid systems

Burundi has deployed hybrid solar systems at health facilities under a UNDP programme, aiming to improve energy reliability in hospitals and expand access to uninterrupted healthcare services.

EU commits $32.7mn to overhaul Uganda’s Nalubaale-Kiira hydropower complex

The European Union has committed €30mn ($32.7mn) to rehabilitate Uganda’s Nalubaale-Kiira hydropower complex, aiming to improve output and system stability at one of the country’s oldest electricity generating facilities

Egypt-Saudi power interconnection to launch within weeks, electricity minister says

Namibia to present integrated energy strategy at NIEC 2026 in April

Namibia is gearing up to host its annual Namibia International Energy Conference (NIEC 2026) on April 14 – 16 in Windhoek. The event is being organised in partnership with the Ministry of Industries, Mines and Energy and the African Energy Chamber.

Nairobi-listed KenGen and Kenya Power post strong profits on renewable energy growth

Kenya Electricity Generating Company (KenGen), the country’s leading electricity producer, reported a 54% increase in profit after tax to KES 10.48bn ($81.15mn) for the year ending June 2025

Diamond decline seen pushing Botswana to pivot to critical minerals, power export projects

Mauritius secures $151mn financing for Qair Stor’Sun solar storage project

Mauritius has secured MUR7bn in financing for Qair’s Stor’Sun solar-plus-storage project, a flagship initiative aimed at boosting renewable capacity, improving grid stability and reducing reliance on imported fuels.

Nigeria and IEA sign pact to cut methane emissions, expand clean cooking access

Nigeria has signed a Memorandum of Understanding with the International Energy Agency (IEA) to reduce methane emissions, expand gas infrastructure and support clean cooking access for five million households by 2030

South African miner Sibanye-Stillwater secures 401GWh renewable supply in deal with NOA Group

Sibanye-Stillwater has secured a 401GWh-per-year renewable energy supply agreement with NOA Group, expanding its clean energy portfolio and accelerating a broader shift in South Africa’s mining sector toward private power procurement.

Eni announces significant hydrocarbon discovery offshore Côte d'Ivoire

Italian integrated energy company Eni on February 16 announced a significant gas and condensate discovery in Côte d'Ivoire.

Eco Wave targets 8.3MW wave energy project at South Africa’s Ngqura port

Eco Wave Power (NASDAQ:WAVE) has identified potential for an 8.3MW wave energy project at South Africa’s Port of Ngqura, marking a possible entry into the African market as the country seeks to diversify beyond wind and solar.

Sasol-backed 300MW solar and battery project reaches financial close in South Africa

A 300MW solar and battery project backed by a 25-year private power purchase agreement (PPA) with Sasol Ltd (JSE:SOL) and Air Liquide (EPA:AI) has reached financial close in South Africa, with commercial operations targeted for 2028.

Mauritania to expand power capacity through gas, renewables and grid upgrades

Mauritania is targeting new thermal, gas-to-power, solar and wind projects to satisfy rising urban power demand.