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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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EU approves €9.56mn grant for Egypt–Greece GREGY power link studies
The European Commission has approved a €9.56mn ($10.4mn) grant to finance the next phase of technical, environmental and financial studies for the project.
Ghana urged to overhaul subsidised power tariffs to better protect the poor
Ghana should redesign its lifeline electricity tariff into a hybrid, better-targeted system to ensure subsidies reach the poorest households, a new research report has recommended.
Nigeria’s $361mn bond revives investor confidence in power sector, says Proton Energy CEO
Nigeria’s full subscription of a NGN501bn ($361mn) bond issued to settle legacy electricity debts is reviving investor confidence and reshaping the country’s power sector, according to Proton Energy CEO Oti Ikon.
Nigeria’s $359mn power sector bond sees full subscription
Nigeria has secured full investor subscription for its NGN501bn ($359mn) inaugural power sector bond, a move aimed at resolving long-standing debt in the electricity market
Empower New Energy launches solar-battery plant to power Nigerian rice mill
Empower New Energy has inaugurated a hybrid solar and battery storage facility at the UMZA Rice and Oil Mill in Kano
Africa REN launches West Africa’s first large-scale solar-battery facility in Senegal
Independent power producer Africa REN has launched what it says is West Africa’s first utility-scale solar-plus-battery energy storage facility in Senegal, combining a 16-MWp solar park with a 10-MW/20-MWh battery system
Zimbabwean power company Zesa Holdings signs 25-year PPA with IPP Vungu Solar
Zimbabwe’s state-owned power utility has signed a 25-year power purchase agreement (PPA) with Vungu Solar (Pvt) Ltd for a 30-megawatt (MW) power plant to be built in central Zimbabwe.
South Africa’s IDC seeks buyers for 10.2% stake in Namibia’s Rössing Uranium
South Africa’s Industrial Development Corporation has invited expressions of interest to acquire its 10.2% stake in Namibia’s Rössing Uranium mine, one of the world’s longest-running uranium operations.
Egypt’s SCZone signs $63.9mn deal with Jade Automotive Technology for EVs and battery manufacturing project
Nigeria launches $313mn power bond to cut legacy electricity debt
Nigeria has issued a $313mn power sector bond to begin clearing long-standing payment arrears owed to electricity generation companies, marking a key step in broader market reforms aimed at restoring liquidity and investor confidence.
Islamic Development Bank backs $163mn solar project in Nigeria
The Islamic Development Bank will finance a $163mn solar electrification project in Nigeria’s Niger State, aimed at generating 100MW of power to support industrial and agricultural development, the state government has announced.
Chinese firms Longi Solar and Sino Green Technology to build 1,000-MW solar projects in Zambia
Zambia has signed a memorandum of understanding with two Chinese companies for the development of solar energy projects to produce a cumulative 1,000 megawatts (MW).
Kenya energy sector pitches incentives to draw private capital into geothermal
Kenya’s Energy Ministry has proposed tax exemptions, longer-term power purchase agreements and cost-reflective tariffs to attract private investors into geothermal power, as electricity demand rises faster than new capacity
Tunisia’s natural gas output falls 12.2% y/y in January-October 2025
Tunisia’s natural gas production declined sharply during the first ten months of 2025, intensifying the country’s dependence on imports to meet rising domestic demand
Egypt signs power infrastructure contract with Kuwaiti Kharafi for high-speed rail project
Pan-African legal firm CLG enters Libyan energy and investment market
Pan-African law and advisory firm CLG has signed a collaboration agreement with Libya’s Zahaf & Partners, marking its entry into the Libyan energy market.
East African Crude Oil Pipeline, REA launch $2.95mn rural electrification programme in Tanzania
The East African Crude Oil Pipeline (EACOP) Company and Tanzania’s Rural Energy Agency (REA) have signed a TZS 7.5bn ($2.95mn) agreement to provide electricity to villages along the 1,443 kilometre pipeline route.
Nigeria launches first floating solar project in Lagos
Nigeria has awarded its first floating solar power project to the local unit of China Civil Engineering Construction Corporation (CCECC), marking a new step in the country’s renewable energy development.
AEC calls for balance in developing Africa’s gas for domestic growth and global supply
The AEC’s State of African Energy 2026 Outlook report explores how Africa can realise value from its underdeveloped gas resources by striking a balance between LNG exports and domestic demand for power generation and industrial use.
South Africa’s Revego Energy Fund raises $62mn to scale renewables
South Africa-focused Revego has raised $62mn, lifting its portfolio to ZAR3bn as it expands solar and wind investments amid strong private-sector demand for clean power and positions itself for a potential listing once assets approach $1bn.
Nigeria’s national grid collapses in first outage of 2026
Nigeria’s national electricity grid collapsed last week for the first time in 2026 following multiple high-voltage transmission line failures and the disconnection of key generation units.
Kenya targets major hydropower expansion with 700MW High Grand Falls project
Kenya’s state-owned power producer has taken a formal step towards developing a major new hydropower facility after senior government and company officials toured the proposed site, underscoring renewed momentum behind the long-delayed project
AfDB approves $16.5mn loan for OrPower Menengai geothermal plant in Kenya
The African Development Bank Group (AfDB) has approved a $16.5mn loan to support construction of the 35-MW OrPower Twenty-Two geothermal power plant in Kenya.
TAQA Morocco, JBIC sign MoU to finance energy and infrastructure projects through 2030
Algeria targets bringing 1.48GW of new solar capacity online in 2026
Algeria aims to commission nine solar power plants with a combined capacity of 1.48GW in 2026, led by state utility Sonelgaz, a move that would more than triple domestic installed solar capacity and reduce reliance on gas-fired power generation.
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