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 approves Russian-financed nuclear power project

4 February 2025

Egypt's parliament has approved amendments to a government financing agreement with Russia, paving the way for the $30bn El-Dabaa nuclear power plant project.

TotalEnergies and Mozambique hold talks on stalled LNG project

3 February 2025

TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.

Tanzania urges Turkey to join Africa's power expansion project

3 February 2025

Tanzanian Foreign Minister Mahmoud Thabit Kombo called on Türkiye to contribute to a groundbreaking project aimed at providing electricity to 300mn people across Africa by 2030

“Important lessons” learnt as PwC agrees to pay $2.3mn to South Africa’s utility Eskom

3 February 2025

Multinational accounting giant PwC has agreed to repay ZAR43mn ($2.3mn) to South Africa’s state-owned power utility, Eskom, for work done under a controversial “capital scrubbing” contract.

South Africa: NERSA approves 12.74% electricity tariff hike as Eskom reports interim profits surge

3 February 2025

The National Energy Regulator of South Africa has approved a 12.74% electricity tariff increase in 2025/2026 for the state-run power utility Eskom, effective April 1, 2025.

South Africa’s utility Eskom suspends load shedding following recovery of emergency reserves

3 February 2025

South Africa’s power utility Eskom suspended power outages, or load shedding, on February 2 owing to the recovery of sufficient emergency reserves after a temporary setback that necessitated the implementation of load shedding during the week.

Kenya Power profit rises despite revenue decline

31 January 2025

Kenya Power and Lighting Company (KPLC), a state-owned electricity distributor, saw its net profit soar to KES 9.9bn ($76.54mn) for the six months ending December 2024, up from KES 319mn (2.47mn) in the same period of 2023

South Africa’s power utility Eskom issues alert of high risk of load shedding at short notice

31 January 2025

South Africa’s state-owned power utility Eskom on January 31 issued a media statement alerting the public of a high risk of power outages at short notice after almost a year of uninterrupted power supply.

Mission 300 electrification initiative for Africa by World Bank, AfDB secures $8bn in new funding commitments

31 January 2025

The Mission 300 initiative, launched by the World Bank and the African Development Bank (AfDB) to connect 300 million Africans to electricity, has secured over $8bn in new funding commitments.

Uganda, South Sudan secure $142.5mn for cross-border power line

31 January 2025

Uganda and South Sudan have secured $142.5mn from the African Development Fund to construct a high-voltage transmission line connecting Uganda’s Karuma hydropower plant to South Sudan's capital Juba.

Uganda to build nine mini hydropower stations to address energy surplus

30 January 2025

Uganda is moving forward with plans to establish nine mini hydropower stations aimed at utilising the country’s current energy surplus

World Bank’s Mission300 electrification programme endorsed by 27 African countries

30 January 2025

Leaders from 27 African countries have endorsed Mission 300, a multi-billion dollar initiative backed by the World Bank Group and the African Development Bank (AfDB) Group to expand electricity access across Sub-Saharan Africa.

Tanzania seeks $13bn for energy reforms, targets private investment

30 January 2025

Tanzania has announced a $13bn funding requirement to accelerate energy reforms focused on expanding electricity supply, improving rural connectivity, and promoting clean cooking solutions

Nigeria to construct five mini-LNG plants

29 January 2025

The Nigerian National Petroleum Co. Ltd (NNPCL) has approved plans to construct five mini-liquefied natural gas plants in Ajaokuta, Kogi State, with a groundbreaking ceremony set to take place on February 6.

Kenya secures €60mn debt-for-climate swap agreement with Germany

29 January 2025

Kenya has secured a significant €60mn (KES 8bn) debt-for-climate swap with Germany

Kenya secures $387mn to expand electricity access to 1mn people

29 January 2025

Kenya’s Ministry of Energy has secured nearly KES 50bn ($387.04mn) to connect one million new customers to electricity by 2026

JUWI to build 340 MW of solar for energy-intensive sectors in South Africa in 2025

29 January 2025

JUWI, a global developer and operator of renewable energy projects, has announced its plans to build three solar PV projects with a combined capacity of 340 MW for mining, energy and data centre companies in South Africa in 2025.

World Bank president applauds Tanzania’s energy achievements at Africa summit

28 January 2025

World Bank President Ajay Banga praised Tanzania’s rapid progress in expanding electricity access at the Africa Energy Summit in Dar es Salaam on January 27, 2025

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