AfrElec - Africa Power Monitor

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Power

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Overview

AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.

Timely, accurate, on-the-ground news and analysis is vital to investors, developers, engineers and businesses, both regionally and internationally.

AfrElec will analyse key project, policy and investment issues and offers insight into what will come next in the power sector. It offers the latest commentary on the geopolitical framework, energy policy, tendering and investment – and assesses the risks inherent in working in the African business environment.

AfrElec is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Egypt to connect 500MW solar project to national grid in May

21 April 2026

Egyptian Minister of Electricity and Renewable Energy, Mahmoud Essmat, announced that the second phase of the Obelisk solar power project in Nagaa Hammadi

Nigeria launches programme to boost local renewable energy manufacturing

21 April 2026

Nigeria is seeking to turn rising renewable energy demand into domestic industrial growth through a new five-year programme aimed at expanding local manufacturing, attracting investment and creating skilled jobs

Atomic Eagle reports 28.0mn lb uranium oxide reserve at Zambia project, bolsters board

21 April 2026

Atomic Eagle Ltd (ASX:AEU) has reported a 28.0mn pound uranium oxide (U₃O₈) reserve at its Muntanga project in Zambia and reshaped its board, positioning the company to benefit from tightening global uranium supply and rising nuclear demand.

Nigeria secures $83mn IFC financing for distributed energy scale-up

20 April 2026

Off-grid renewable energy developers in Nigeria have secured $83mn in financing backed by the International Finance Corporation (IFC), signalling a shift towards larger-scale deployment of decentralised energy systems,

Chariot Resources secures six lithium licences in Nigeria

20 April 2026

Chariot Resources Limited (ASX: CC9) has announced that it has secured regulatory approval for six lithium licences in Nigeria.

Nigeria raises mini-grid capacity limits to accelerate renewable rollout

20 April 2026

Nigeria has revised its mini-grid regulations to accelerate investment and expand electricity access, removing administrative barriers that have slowed deployment in underserved areas

Kodal Minerals’ Bougouni ramp-up signals stronger Mali lithium exports

20 April 2026

Kodal Minerals (AIM:KOD) has reported its strongest monthly output at the Bougouni Lithium Project in Mali, with March production exceeding 10,900 tonnes of spodumene concentrate, signalling improving operational stability.

South Africa’s Mulilo reaches financial close on 240MW Middlepunt solar project

20 April 2026

Mulilo has reached financial close on the 240MW Middlepunt solar project in South Africa’s Free State, marking the first project under the latest REIPPPP round.

Ghana gas plant shutdown tests power stability amid critical system repairs

20 April 2026

Ghana’s energy authorities have announced a brief shutdown of the Atuabo Gas Processing Plant to carry out urgent repairs to a key safety system, raising concerns over potential power supply disruptions.

Nigeria leaves majority of power capacity unused despite slight output rise

17 April 2026

Nigeria is leaving nearly 70% of its installed electricity capacity unused, with available supply at 4,089MW in March despite a modest rise in generation in early April

Ghana gas plant failure triggers power disruptions

17 April 2026

A major technical fault at Ghana’s main gas processing plant has forced an emergency shutdown, disrupting fuel supply to thermal power producers and triggering outages in parts of the country.

Nigeria states take control of local power regulation

17 April 2026

Fifteen Nigerian states have assumed control of their local electricity markets under the Electricity Act 2023, shifting licensing, tariff setting and consumer protection to state authorities

Botswana, Omani group Naqaa Sustainable Energy LLC launch construction of 500MW solar power project

16 April 2026

Botswana’s government launched the construction of a 500-megawatt (MW) solar photovoltaic power plant and 500MWh battery storage system on April 16, three days after signing the contract in Oman.

Envusa Energy commissions 140MW wind farm to power Anglo American’s South African PGM mines

16 April 2026

Envusa Energy has commissioned a 140MW wind farm in South Africa’s Northern Cape to supply renewable power to Anglo American’s PGM mining operations

Tanzania secures IFC backing for energy and rail projects under Vision 2050

16 April 2026

The International Finance Corporation (IFC) has pledged support for Tanzania’s Vision 2050 development framework, with a focus on electricity, ports and rail infrastructure.

Poro Power reaches financial close on Korhogo solar project in Ivory Coast

16 April 2026

Poro Power 1 has secured an initial €43mn ($50.7mn) from a €65mn ($76.7mn) green bond, reaching financial close for its 66MW Korhogo solar project in northern Ivory Coast.

Africa needs stronger legal voice as climate-related litigation reshapes energy policy, says AEC

15 April 2026

With climate-related litigation cases increasing globally, the AEC maintains that African institutions must play a stronger role to ensure fair and practical outcomes that fully reflect the continent’s development and energy needs.

Namibia, Angola to enhance energy co-operation with plan to build $58mn cross-border interconnector

15 April 2026

Namibia and Angola have signed an agreement for the development of a joint power interconnector valued at about $58mn.

Perth-based Elevate Uranium grows resource base in Namibia to 106mn pounds

15 April 2026

Elevate Uranium (ASX: EL8, OTC: ELVUF), a Perth-based explorer and developer, has expanded the mineral resource base at its Koppies Uranium Project in Namibia to 76mn pounds (Mlb) of triuranium octoxide (U3O8).

Istanbul-listed Aksa Enerji obtains $300mn six-year loan from Africa Finance Corporation

14 April 2026

Funding will finance power plant investments across African continent.

Côte d’Ivoire secures $70mn green bond for Korhogo solar project

14 April 2026

Africa Finance Corporation has closed a €65mn ($70mn) green bond to fund a 66MW solar plant in Côte d’Ivoire, marking the first project finance green bond in WAEMU and signalling a shift toward African-led infrastructure financing.

Nigeria’s NERC orders TCN to cut grid losses to 6.5% by end-2026

14 April 2026

Nigeria’s electricity regulator has directed the Transmission Company of Nigeria (TCN) to reduce nationwide transmission losses to 6.5% by December 2026, tightening oversight to improve the efficiency and reliability of the national grid

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