AfrElec - Africa Power Monitor

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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.

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Renewable energy developer Grid Africa raises $14mn to deploy solar-storage projects

16 October 2025

Grid Africa has raised $14mn from the Energy Entrepreneurs Growth Fund (EEGF), managed by Triple Jump BV and Persistent Energy Capital, to deploy 20 MW of hybrid solar-and-battery projects in Kenya, Ghana, and Nigeria.

Zimbabwe restores Hwange Unit 6, adding 120 MW to grid as Kariba output improves

16 October 2025

Zimbabwe has restored Unit 6 at Hwange Thermal Power Station. The upgrade, along with higher generation at Kariba South Hydroelectric Power Station and the upcoming return of Unit 3, marks the country’s most reliable electricity outlook in years.

Nigeria signs deals to increase renewable energy development

16 October 2025

Nigeria’s government and the Rural Electrification Agency (REA) have signed renewable energy agreements worth $435mn as part of efforts to establish the country as a hub for green energy and manufacturing.

Ghana’s F&B Bio Recyclage advances waste-to-energy project to produce sustainable aviation fuel

16 October 2025

Ghanaian recycling start-up F&B Bio Recyclage Ltd has completed the first phase of development for a major waste-to-energy project designed to convert municipal solid waste into sustainable aviation fuel (SAF) and biodiesel.

DRC signs $1.5bn power-line deal with Symbion unit Hydro-Link to link Angola hydropower

15 October 2025

The Democratic Republic of Congo signed a $1.5bn preliminary deal with US-based Symbion Power’s Hydro-Link to build a 700-km transmission line connecting Angola’s Lauca hydropower complex to the DRC’s copper- and cobalt-rich south.

Tanzania set to host state-of-the-art oil export terminal as EACOP nears completion

15 October 2025

The East African Crude Oil Pipeline (EACOP) project has reached 70% completion, according to Ombeni Sefue, board chairman of the Tanzania Petroleum Development Corporation.

Qatar’s Global Carbon Council partners with Mali, Mauritania, and Niger on Article 6 carbon markets

15 October 2025

Qatar’s Global Carbon Council signed MoUs with Mali, Mauritania, and Niger to develop digital carbon market systems under the Paris Agreement’s Article 6.

South African coal miner Seriti’s renewables unit starts construction on third 155MW phase of Mpumalanga wind project

15 October 2025

Seriti Green has reached financial close and begun construction on the third 155MW phase of its Ummbila Emoyeni Wind Farm in South Africa’s coal-dominated Mpumalanga province.

Norfund invests $15mn in Ghanaian steelmaker B5 Plus to drive green industrial growth

15 October 2025

Norwegian development financier Norfund has invested $15mn in B5 Plus Limited, one of Ghana’s largest steel manufacturers, to modernise its operations, boost renewable energy use, and promote sustainable industrial growth in West Africa.

Nigeria finalises $2.6bn bond plan to clear power-sector arrears

15 October 2025

Nigeria finalised the government-backed bond to clear verified arrears owed to power generation companies and gas suppliers. It forms part of the Power Sector Recovery Plan and aims to restore liquidity and investor confidence in the sector.

Chariot confirms lithium finds at Nigerian exploration sites

15 October 2025

Chariot Corporation has confirmed the presence of extensive lithium-caesium-tantalum (LCT) mineral deposits at its Fonlo and Iganna sites in southwest Nigeria

Zimbabwe’s ZERA to launch competitive bidding system for power projects

14 October 2025

The Zimbabwe Energy Regulatory Authority (ZERA) plans to introduce a competitive bidding system for electricity procurement, replacing the previous direct-negotiation approach for independent power producers (IPPs).

Westbrooke, CVE acquire solar and battery assets at Shell stations across South Africa

14 October 2025

Westbrooke Alternative Asset Management and France’s CVE Group have jointly acquired a portfolio of rooftop solar and battery-storage systems at Shell (LON:SHEL) service stations across South Africa from Thebe Solar Energy.

Zimbabwe to add 20MW of new hydropower capacity on Mutirikwi River

14 October 2025

Zimbabwe plans to add 20MW of new hydropower capacity on the Mutirikwi River through two mini-hydro plants.

Global renewables to double by 2030, but IEA warns momentum must accelerate

14 October 2025

Global renewable energy capacity is on course to double by 2030, reaching 4,600 GW—comparable to the current combined total of China, the European Union and Japan—according to the International Energy Agency’s Renewables 2025 report.

Nigeria’s Geregu Power posts $15.7mn profit in 9M 2025, eyes capacity expansion

14 October 2025

Geregu Power Plc (NGX:GEREGU) is investing $34.3mn in turbine overhauls as it seeks to boost reliability and long-term capacity despite mounting receivables risks.

Nigeria's Transcorp Power Q3 profit rises 7.6% on higher energy deliveries

14 October 2025

Transcorp Power Plc reported a third-quarter pre-tax profit of NGN32.4bn ($22.1mn), up 7.6% year on year, as stronger energy deliveries lifted nine-month revenue to NGN308.5bn ($210.9mn)

EU pledges €11.5bn to support South Africa’s clean-energy, infrastructure transition

13 October 2025

The package—building on an earlier €4.7bn commitment—forms part of the Just Energy Transition Partnership, signalling deeper EU engagement in Africa’s clean-energy transformation.

Nigeria’s unpaid power subsidies to GenCos hit $690mn in H1 2025 — NERC

13 October 2025

The $690mn shortfall—equivalent to 0.4% of GDP and nearly 8% of the 2025 budget—highlights the scale of fiscal stress stress facing Africa’s largest power market.

Algeria to inaugurate 400MW solar facilities before end-2025

10 October 2025

The Algerian government is currently finalising two flagship solar energy projects with a combined capacity of 400 MW to be opened before the end of 2025

DR Congo’s $300mn Mwinda Fund to begin off-grid power financing in early 2026

10 October 2025

The $300mn blended-finance vehicle aims to accelerate rural electrification by supporting solar mini-grids, home systems, and productive-use energy projects in areas not served by the DRC's national utility SNEL.

Kenya Power profit drops 19% y/y to $188mn on higher finance costs

9 October 2025

Nairobi-listed utility Kenya Power’s FY2025 profit fell 19% to KES24.5bn ($188mn) as forex-related finance costs surged, despite higher electricity sales and efficiency gains.

Benin and Togo owe Nigeria $8.5mn for power exported in Q2 — NERC report

9 October 2025

The Nigerian Electricity Regulatory Commission (NERC) warns non-payment by Benin’s SBEE and Togo’s CEET threatens liquidity for Nigerian generators and highlights payment risks within the West African Power Pool.

Nigeria’s DisCos improve revenue collection to 76% in Q2 2025 — CSL Research

9 October 2025

Nigeria’s electricity distributors improved their collection efficiency to 76.07% in Q2 2025, up from 74.39% in Q1. Gains stemmed from prepaid metering and stronger billing discipline, though sector losses remain well above tariff benchmarks.

Mainstream Energy and Granville sign deal for 100MW floating solar project in Nigeria

8 October 2025

Mainstream Energy Solutions and Granville Energy have signed an agreement to design, build, finance, and operate a 100MW floating solar power plant at Nigeria’s Kainji hydropower station, with plans to scale up to 1GW

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