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.

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Zambia's 100-MW Maamba solar plant begins commissioning and injects first power

28 September 2026

Zambia's 100-megawatt alternating-current Maamba solar plant has entered commissioning after injecting electricity into the national grid for the first time on September 24, ZCCM Investments Holdings (LuSE:ZCCM-IH) said.

South Sudan–Uganda power link enters procurement phase following technical launch

28 September 2026

Uganda held the technical launch of its section of the South Sudan–Uganda Power Interconnection Project on September 25, moving the scheme into procurement and other implementation work after its African Development Fund financing became effective.

Niger and Atomic Eagle execute Madaouela uranium mining convention

27 September 2026

Atomic Eagle (ASX:AEU) and Niger have signed a new mining convention for the Madaouela uranium project, formalising their August settlement and restoring a framework for development.

France’s Qair announces first disbursement under $44.5mn solar financing for Chad plants

27 September 2026

French renewable energy company Qair said the first disbursement had been made under a €37.9mn ($44.5mn) financing package for two solar power plants with battery storage near Chad’s capital N’Djamena.

Mercuria signs $250mn Exergy financing deal focused on Zambia power projects

25 September 2026

Mercuria and Exergy have signed a $250mn financing agreement for power generation and transmission projects across Southern and Eastern Africa, with Zambia a key initial market.

Toronto-listed Asarian secures two-year renewal for Namibia uranium licence

25 September 2026

Asarian Energy Limited (TSX: ARN, FSE: F2T, NSX: AAE) has secured a two-year renewal of its Namibplaas exclusive prospecting licence in Namibia, allowing the company to proceed with planned drilling and mineral resource work at its project.

Indian group Nava commissions 100MW solar plant in Zambia

25 September 2026

Nava Limited (NSE: NAVA) has commissioned a 100-megawatt (MW) solar power plant in Zambia through Maamba Solar Energy Limited (MSEL), marking the Indian group’s entry into utility-scale renewable energy.

Australia's Bannerman Energy completes $320.4mn CNOL financing for Namibia uranium project

25 September 2026

Bannerman Energy has completed a $320.4mn financing transaction with CNOL for Namibia’s Etango uranium project, giving the Chinese group 45% of the project joint venture.

Ghana’s LMI secures $39.5mn IFC financing for 200MW industrial solar project

25 September 2026

IFC has provided Ghanaian conglomerate LMI Holdings with $39.5mn to support the first 100MW phase of the 200MW Norbert Anku Solar Park at Dawa.

West African Development Bank approves $273mn in WAEMU financing, backs $1.49bn wider package

25 September 2026

BOAD approved about $108mn for oil, gas storage and fuel-supply projects in Togo, Benin and Mali as part of a $273mn WAEMU financing package.

Nigeria's $550mn power-sector bond draws strong investor demand

24 September 2026

Nigeria's NGN728.9bn ($550mn) Series 2 power-sector bond drew strong institutional demand, taking cumulative issuance under the government's electricity-sector reform programme to about NGN1.23 trillion.

Global Atomic sets terms for $35.5mn Dasa uranium offering in Niger

24 September 2026

Canadian uranium developer Global Atomic (TSX: GLO) has priced a CAD50mn underwritten public offering to help fund its Dasa uranium project in Niger as it works to meet an equity contribution required before it can draw on proposed DFC financing.

Togo to launch tender for 120-MW dual-fuel power plant in Q4

23 September 2026

Togo plans to launch formal procurement in Q4 2026 for a 120-MW dual-fuel thermal power plant in Lomé after early market engagement in September.

Seychelles seeks World Bank-backed pipeline of up to five investment projects

23 September 2026

Seychelles has proposed working with the World Bank Group to identify and develop three to five bankable investment projects in renewable energy and storage, digital infrastructure and services, resilient tourism and other sectors.

Solarcentury Africa’s $20mn Gerus solar plant begins commercial operations in Namibia

23 September 2026

Solarcentury Africa’s $20mn Gerus solar photovoltaic plant in Namibia has begun commercial operations, becoming the country’s first merchant solar facility to sell electricity into the Southern African Power Pool (SAPP).

Nigeria's Dangote outlines plan for more than $10bn African power investment

22 September 2026

Dangote Industries plans to invest more than $10bn in African power over the next three to four years, although no specific projects, financing packages or final investment decisions have yet been disclosed.

Nigeria launches $300mn distributed renewable energy fund for mini-grids and solar

22 September 2026

Nigeria’s Distributed Renewable Energy Fund has reached commercial launch, targeting about $300mn for mini-grids, standalone solar and other off-grid power projects.

Zimbabwe's Mutapa advances $700mn Sandawana lithium processing plans

22 September 2026

Zimbabwe’s Mutapa Energy Resources is advancing a $300mn lithium concentrator and proposed $400mn lithium sulphate plant at Sandawana as the country tightens export restrictions and pushes domestic beneficiation.

Malawi expands battery storage and power links to tackle electricity shortages

22 September 2026

Malawi is expanding battery energy storage, solar generation and regional power links as it seeks to strengthen electricity supply and reduce its reliance on hydropower.

Ghana explores reciprocal gas-for-power trade with Nigeria

21 September 2026

Ghana is discussing a potential arrangement under which Nigerian gas could generate electricity in Ghana for export back to Nigeria as the two West African countries explore deeper regional energy trade.

Senegal and Zimbabwe test energy sovereignty against financing constraints

21 September 2026

Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.

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