AfrElec - Africa Power Monitor

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Power

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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.

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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Rwandan president urges international backing to support country’s nuclear power drive

11 March 2026

Rwandan President Paul Kagame has called on global investors to support the country’s nuclear energy programme, saying the reliable electricity it could generate is central to the country’s economic transformation.

Baobab Microfinance Bank Nigeria launches green finance project to expand solar advisory for households and SMEs

11 March 2026

Baobab Microfinance Bank Nigeria has launched a Green Finance Project to train specialists who will guide households and SMEs in Lagos on adopting affordable and sustainable solar energy solutions.

Nigeria power distributors collect $1.67bn in 2025 despite persistent outages

11 March 2026

Nigeria’s electricity distribution companies collected NGN2.33 trillion ($1.67bn) from customers in 2025, a 29% year-on-year increase, despite continued power outages and disputes over estimated billing.

South Africa regulator lifts Eskom tariff hikes after $3bn calculation error

11 March 2026

South Africa’s Nersa has approved electricity tariff increases of 8.76% for Eskom’s direct customers from April and 9.01% for municipalities from July. The hikes follow a correction to a $3bn regulatory calculation error.

World Bank backs $10bn South Africa grid investment plan, confirms funding for CGV

10 March 2026

The World Bank has approved a blended finance programme designed to mobilise up to $10bn for South Africa’s electricity transmission expansion, using a credit guarantee vehicle to attract private investors.

Tanzania invites global investors into clean energy sector

10 March 2026

Tanzania has invited strategic investors worldwide to participate in the country’s clean energy sector, as part of an ongoing drive to stimulate economic growth while tackling climate change.

Nigeria labour union urges suspension of $14.3mn Transmission Company refurbishment scheme

10 March 2026

Nigeria’s main labour union has urged the federal government to suspend a proposed NGN20bn ($14.3mn) emergency refurbishment programme at the Transmission Company of Nigeria (TCN).

South Africa’s 255MW Thakadu solar project enters construction phase after reaching financial close

9 March 2026

Construction has begun on the 255MW Thakadu solar PV project on the border of South Africa’s Free State and North West provinces after the $210mn development reached financial close.

Nigeria power generation falls to 3,940MW amid gas shortages

6 March 2026

Nigeria’s electricity generation has fallen to 3,940.53MW after persistent gas supply shortages forced several thermal power plants offline, increasing pressure on the national grid

South Africa’s Eskom warns of power disruptions as municipal debt exceeds $5.9bn

6 March 2026

South Africa’s state utility Eskom has warned it may restrict electricity supply to 14 municipalities owing to arrears surpassing ZAR110bn ($5.9bn), triggering formal credit control procedures under the Promotion of Administrative Justice Act.

Nigeria’s president proposes grid asset management company to address transmission constraints

5 March 2026

Nigeria’s government plans to establish a Grid Asset Management Company (GAMCO) to overhaul the country’s electricity transmission network, widely regarded as the weakest link in the power sector,

Nigeria backs private green finance bank to mobilise $104bn climate investment

5 March 2026

Nigeria’s House of Representatives has backed plans to establish a privately owned Green and Climate Finance Bank aimed at mobilising up to $104bn in climate-related investment by 2030

Vopak delays decision on South Africa’s $1bn Richards Bay LNG terminal to Q1 2028

5 March 2026

Dutch tank storage operator Royal Vopak (AMS:VPK) has delayed its FID on South Africa’s proposed Zululand Energy LNG terminal at Richards Bay to Q1 2028

Nigeria’s NEDC backs solar mini-grid rollout

4 March 2026

The Niger Electricity Distribution Company (NEDC) in Nigeria has endorsed Niger State’s solar mini-grid expansion, stating that more than 180 previously unserved communities are now receiving round-the-clock electricity under the programme.

Globeleq acquires 51% stake in Zambian power firm LHPC

4 March 2026

Globeleq has acquired a 51% stake in Zambia’s Lunsemfwa Hydro Power Company (LuSE:LHPC) from Norfund, gaining a 56MW hydropower portfolio and solar pipeline while entering the Southern African Power Pool regional electricity market.

IAEA conducts nuclear infrastructure review in Rwanda

3 March 2026

Rwanda is hosting an Integrated Nuclear Infrastructure Review (INIR) mission by the International Atomic Energy Agency (IAEA) from March 2–9, a step in the country’s goal to develop nuclear energy capacity.

Tanzania Petroleum Development Corporation pipeline advances as government pushes 8,000MW power target

3 March 2026

Tanzania has intensified efforts to expand electricity generation to 8,000MW by 2030 as construction of the Ntorya–Madimba natural gas pipeline in Mtwara Region reached 35% completion

South Africa utility Eskom, regulator NERSA suspend legal dispute over power trading licences

2 March 2026

Legal proceedings between Eskom and NERSA over electricity trading licences have paused, signalling a shift towards regulatory alignment as South Africa advances reforms to open and modernise its power market.

Nigeria deepens off-grid strategy as REA partners ECOWAS on solar rollout

27 February 2026

Nigeria has signed a REA–ECOWAS agreement under ROGEAP to deploy solar PV systems across rural healthcare and education facilities, reinforcing its off-grid electrification strategy and efforts to boost energy access in underserved regions.

Nigeria’s NDPHC urges gradual end to power subsidies to restore sector stability

27 February 2026

Nigeria’s power sector requires the phased removal of electricity subsidies and the introduction of full cost-reflective tariffs to address liquidity constraints and attract investment, the Niger Delta Power Holding Company (NDPHC) head says.

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