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Kenya Power electricity sales hit four-year high as demand surges
Kenya Power and Lighting Company PLC (NSE:KPLC) sold 12,792.42 gigawatt-hours (GWh) of electricity in the year ended June 2026, up 12.2% from 11,403 GWh a year earlier
North African hydrocarbon producers turn to mature fields as Europe seeks new supplies
North African oil and gas producers are investing in mature assets to lift output and respond to changing European demand.
Namibia signals approval for African Critical Elements’ takeover of dormant Karibib lithium project
The proposed deal involves ACE acquiring the entire issued share capital of Lepidico Holdings (Canada), which indirectly controls the Karibib project through its Namibian subsidiary, Lepidico Chemicals Namibia (Pty) Ltd.
Nigeria issues $550mn power-sector bonds to tackle legacy GenCo debt
Nigeria has issued NGN728.9bn ($550mn) of bonds in the second phase of a programme to settle legacy debts owed to electricity generation companies and improve power-sector liquidity.
Lesotho’s $6.2bn hydro-AI project draws scrutiny over minister’s investment link
Lesotho’s $6.2bn Kobong hydropower and AI project is facing fresh scrutiny after an investigation linked a cabinet minister to a potential local investment partner.
South African smart-energy firm Plentify maps expansion after $15mn funding
South African smart-energy company Plentify plans to use capital raised from investors to expand its product range, increase marketing and pursue international growth.
Nigeria begins new phase of cooperation with the International Energy Agency
Nigeria has begun a new phase of cooperation with the IEA following a visit to Abuja by IEA Executive Director Fatih Birol.
Greek firm AMACO partners with GE Vernova on Kenya power barge for AI
AMACO Energy Group has agreed to work with US power equipment maker GE Vernova (NYSE: GEV) to integrate gas turbines into its proposed $1.5bn HERCULES power and data centre development in Mombasa, Kenya.
India’s Solar Industries offers $1.36bn for Omnia in South Africa mining push
India's Solar Industries India (NSE: SOLARINDS, BSE: 532725) has made a firm all-cash offer for South African chemicals and mining-services group Omnia Holdings (JSE/A2X: OMN), valuing its entire issued share capital at about ZAR21.8bn ($1.36bn).
Tanzania signs $75mn contract for Iganjo-Saza power link
Tanzania has signed a TZS198.67bn ($75mn) contract to build a 220-kilovolt electricity transmission line linking Iganjo in Mbeya Region with Saza in Songwe Region
African frontier gas projects to shift from exploration towards commercialisation
African frontier gas exploration is entering a more technical phase as operators move from making discoveries to reservoir definition, planning developments and securing commercial viability.
Egypt power sector gas demand drops 6% in September
Natural gas consumption by Egyptian power generation plants dropped by 250mn cubic feet per day (mmcf/d) in September 2026, registering a 6% decline compared to August levels
Egypt partners with China's CATL for $38.9mn electric battery manufacturing complex
Nigeria orders electricity distributors to channel up to 60% of eligible OpEx into grid investment
Nigeria’s electricity regulator has ordered DisCos without outstanding market debts to channel 50% of their earned non-administrative operating expenditure into dedicated capital-expenditure accounts, rising to 60% from February 2027.
Zambia president urges Vedanta to speed up power investment as KCM targets higher copper output
Zambian President Hakainde Hichilema has urged mining group Vedanta Resources to accelerate investment in power generation as the government targets 10,000MW of electricity capacity under its second-term Grow Zambia Agenda.
Tanzania courts PowerChina investment as it targets 8GW generation by 2030
Tanzania is seeking private investment, including from the Chinese state-controlled engineering group PowerChina, as it targets 8GW of generation capacity by 2030 amid rapidly rising electricity demand.
Zimbabwe’s Verify Engineering seeks investors for 100-MWh lithium battery plant
The state-owned company is separately studying a much larger lithium-chemicals project expected to cost more than $150mn.
Africa Energy Bank launch pushed to November after latest delay
The long-delayed AEB is now being targeted for a November launch, two months later than its most recent official timetable, as African governments push to build a new source of financing for oil, gas and other energy projects across the continent.
Bannerman raises $89.6mn to fund Namibia uranium project Etango
Australian uranium developer Bannerman Energy has raised $89.6mn to help fully fund construction and ramp-up of its 95%-owned Etango uranium project in Namibia.
Namibia puts domestic industrialisation at centre of green hydrogen agenda
Namibia is broadening its green hydrogen agenda towards domestic industrialisation, using renewable energy to support mineral beneficiation, green iron, manufacturing and higher-value exports.
India's LOHUM ships first ore from Zimbabwe lithium deposits valued at $7bn
The shipment marks LOHUM’s move into upstream mining and gives the Indian critical minerals company direct exposure to Zimbabwe’s lithium resources as Harare pushes miners towards greater domestic processing.
Ghana power reform puts ECG concession scope under scrutiny
Ghana is preparing to clarify how far private investors will be allowed into its state-owned electricity distributor, as persistent revenue losses keep the power sector a major fiscal risk.
Zimbabwe authorises Intratrek to proceed with 100MW Gwanda solar project after years of delays
The Gwanda project is one of Zimbabwe’s longest-delayed power investments and part of the government’s push to reduce reliance on imports and diversify generation away from hydroelectricity.
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