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Kenya secures $100mn AfDB credit line for green projects via KCB
The African Development Bank Group has agreed a $100mn line of credit with KCB Bank to expand climate-smart and green financing in Kenya, strengthening sustainable investment and trade-finance capacity across the private sector.
ENGIE to start building 240MW solar farm in South Africa in late 2026
ENGIE (EPA:ENGI) plans to start constructing a 240-MW solar photovoltaic plant in central South Africa in the December 2026 quarter.
India-based renewables company KPI Green Energy's shares jump on news of Botswana MoU
KPI's promoter signed a non-binding MoU with Botswana to explore renewable power, storage and transmission projects, a potential step toward international expansion.
Econet InfraCo plans 300-hectare industrial park near Zimbabwe capital's airport
Econet InfraCo, the infrastructure arm being spun out of Econet Wireless Zimbabwe, plans to develop a 300-hectare industrial park near the Harare airport, anchored by a 100MW solar power plant and a large-scale data centre.
UAE’s Amea Power commissions Tunisia’s largest solar plant
Dubai-headquartered renewable energy developer Amea Power has commissioned a 120 MW solar power plant in Tunisia, marking the largest solar project ever brought online in the country and a key milestone in its energy transition
Uganda utility UEDCL secures $50mn Absa loan to upgrade power grid
Uganda Electricity Distribution Company Limited has secured a $50mn, five-year facility from Absa Bank Uganda to fund grid upgrades, substations and smart-grid investments.
ACWA Power, AfDB target $5bn Africa energy and water projects by 2030
ACWA and the AfDB have signed a cooperation framework to accelerate financing of up to $5bn in sustainable energy and water projects across Africa between 2025 and 2030, targeting renewables, green hydrogen and desalination projects.
Deep Yellow moves Namibia’s Tumas uranium project closer to FID with NamPower deal
Deep Yellow (ASX:DYL) has advanced its Namibia-based Tumas uranium project by signing a conditional transmission power supply agreement with state-owned utility NamPower,
EBRD lends €200mn to Egypt to strengthen power grid and green energy shift
The European Bank for Reconstruction and Development (EBRD) has approved €200mn in financing for the Egyptian Electricity Transmission Company (EETC) to support Egypt’s transition toward renewable energy and enhance stability of its power grid.
EU to install 300 kilowatts solar grids for 10 Nigerian clinics and SMEs
The European Union has announced plans to install solar microgrids totalling more than 300 kilowatts to supply electricity to at least 10 primary health centres in Nigeria’s Gombe State.
South Africa's government picks four bidders to build solar power facilities to produce 890 MW
South Africa has announced four new preferred bidders to invest about $955mn in four solar photovoltaic (PV) projects to generate a cumulative 890 MW.
Tanzania targets 8,000 MW electricity capacity and clean cooking adoption by 2030
Tanzania is stepping up efforts to expand its electricity generation to 8,000 MW by 2030, emphasising the need to deliver affordable, reliable power.
Natural gas to play a key role in Africa’s economic transformation, says AEC
Africa holds vast natural gas resources but has yet to turn them into broad economic gains.
Kenya signs $311mn deal with Africa50 and PowerGrid for electricity transmission lines
Kenya has signed an agreement to invest $311mn in the construction of two high-voltage electricity transmission lines with Africa50, a pan-African infrastructure investment platform backed by African states, and Power Grid Corporation of India Ltd
Ghana utilities need $320mn investment to curb losses after tariff hike, regulator tells MPs
Ghana’s utility service providers will need about $320mn in capital investment to cut distribution and commercial losses, the country’s regulator said, defending recent hikes in electricity and water tariffs.
Saudi Arabia deepens Mauritania ties with $160mn water and electricity project financing
The Saudi Fund for Development has committed $160mn in concessional loans to water and electricity projects in Mauritania, including a Senegal River–sourced drinking water scheme for Kiffa and a cross-border power interconnection with Mali.
South African energy trader Etana agrees 20-year offtake for Acciona Energía wind farms
South African energy trader Etana Energy has signed a 20-year corporate offtake to buy all output from two new wind farms developed by Acciona Energía (BME:ANE), supplying major corporate customers
Mauritius opens 2MW hybrid rooftop solar tender with optional battery storage
Mauritius’s Central Electricity Board has launched a tender for 2MW of aggregated rooftop solar capacity, with an optional battery storage component, as the island seeks to cut fuel imports and strengthen grid resilience.
Nigeria approves $4.29bn PPP projects to boost infrastructure investment
Nigeria’s Federal Executive Council has approved public-private partnership projects valued at NGN6.43 trillion ($4.29bn), including two deep seaports and a hydropower plant.
Sun King raises $40mn equity round to expand solar kit rollout across sub-Saharan Africa
Sun King has closed a $40mn equity funding round to accelerate the deployment of off-grid solar kits across sub-Saharan Africa, with the capital aimed at scaling distribution and customer financing.
Africa requires $375bn to develop its natural gas resources, says SPE
Africa will need an estimated investment of $375bn over the next decade to fully fund its natural gas development in order to meet its growing domestic and export demand, according to the Society of Petroleum Engineers.
EDF starts producing electricity from 140-MW San Kraal Wind Farm in South Africa
San Kraal, which is part of the larger 420MW Koruson 1 Cluster, is the first of three 140MW wind farms to reach commercial operation date.
South African utility Eskom board approves updated unbundling strategy
Eskom has approved an updated unbundling strategy, reaffirming the separation of its generation, transmission and distribution operations as part of South Africa’s long-running electricity market reform, while preserving state ownership.
Oslo-listed Scatec's Mmadinare Solar Cluster in Botswana starts generating 60MW more power
The Mmadinare Solar Cluster is Scatec’s first project portfolio in the southern African nation, where the first phase has been operational since March.
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