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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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Ramaphosa sets next Eskom restructuring goals as South Africa targets grid expansion
President Cyril Ramaphosa has outlined the next phase of Eskom restructuring while highlighting South Africa’s planned 14,500-km transmission build-out as an industrialisation opportunity.
Lotus restarts uranium processing at Malawi's Kayelekera mine
Lotus Resources (ASX: LOT; OTCQX: LTSRF) has restarted uranium processing and sulphuric acid production at its Kayelekera mine in northern Malawi after operations were halted in June by acid supply disruptions and other problems.
Scatec completes Africa’s largest hybrid solar and battery project in Egypt
Norwegian renewable power producer Scatec (OSL: SCATC) has reached commercial operations date (COD) on the final phase of its Obelisk project in Egypt, completing what the company describes as Africa’s largest hybrid solar and battery installation.
Zambia commissions first solar-hydro hybrid power plant
The solar plant is designed to operate alongside the existing Lunsemfwa hydropower station and supply electricity to the national grid, helping diversify a power system that has historically depended heavily on hydropower.
UAE’s GSU opens 50MW solar plant in Central African Republic
The Sakaï plant, near the capital Bangui, comprises more than 80,000 solar panels and a 15MWh battery energy storage system designed to improve grid stability and electricity availability.
Eskom courts Amazon, Microsoft and Google as South Africa power surplus grows
South Africa’s Eskom is courting Amazon, Microsoft and Google parent Alphabet as potential customers for its electricity surplus.
South Africa’s Ramaphosa moves to open expansion of national grid to private investors
South Africa is moving to establish an independent transmission operator outside state utility Eskom while opening grid expansion to private investors
Ghana power utility saves millions after slashing IT contract fees
State-owned Electricity Company of Ghana (ECG) is saving GHS13.2mn ($1.1mn) a month after renegotiating its contract with local IT company Hubtel, cutting commission charges from 3% to 1.65%.
IMF urges Ghana to keep quarterly power tariff reviews
Kenya Power warns rapid wind, solar growth is straining grid
Kenya’s national electricity utility has warned that the rapid expansion of wind and solar power is putting pressure on the stability and reliability of the country’s electricity grid
Six Chinese equipment makers express interest in South Africa’s $136bn energy programme
Six Chinese energy-sector equipment manufacturers have expressed interest in South Africa’s energy infrastructure programme following a week-long investment mission to China.
Ghana's Bui Power Authority posts $66mn profit
Ghana's state-owned Bui Power Authority (BPA) posted a net profit of $66.2mn on revenue of $145.9mn last year, but cash flow remains squeezed by unpaid bills from its main customer, the company's chief executive said.
Tanzania court awards $8m legal costs to IPTL, Pan Africa Power Solutions
Tanzania’s Court of Appeal has awarded Independent Power Tanzania Limited (IPTL) and Pan Africa Power Solutions (T) Limited $8mn in legal costs after striking out an appeal by Standard Chartered Bank (Hong Kong) Limited and StanChart Bank Malaysia
Nigeria's NERC takes control of Kaduna DisCo over $335.2mn debt
The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Company and taken regulatory control of the utility after its cumulative market debt rose to NGN456.5bn ($335.2mn)
Sasol and Envision Energy advance study of potential green hydrogen system in South Africa
South Africa’s chemicals and energy group Sasol (JSE:SOL, NYSE:SSL) and China’s green technology company Envision Energy are studying the potential development of a green hydrogen system at Sasol’s Sasolburg operations in South Africa.
EBID approves more than $510mn for West African infrastructure and finance projects
The ECOWAS Bank for Investment and Development (EBID) has approved five financing operations worth more than $510mn for transport, healthcare, renewable energy and financial-sector projects in Ghana, Guinea and Sierra Leone.
Malta receives four proposals for North Africa renewable power link
Malta has received four proposals for a planned renewable electricity link with North Africa, as the Mediterranean island explores importing large-scale renewable power to diversify its energy supply.
Nigeria's Geregu Power defaults on $29.44mn bond payments as output falls
Nigeria's Geregu Power Plc (NGX:GEREGU) has defaulted on coupon and principal payments on its own $29.44mn Series 1 Senior Unsecured Bond as a turbine maintenance programme weighs on electricity generation and cash flow
South Africa’s Eskom launches task team to tackle Khayelitsha power outages
Eskom has formed a task team to cut a 5,000-fault backlog in Khayelitsha, deploying extra technicians and security to restore electricity by September 30.
Zimbabwe eyes $1bn turnover from lithium sulphate exports amid beneficiation drive
The forecast follows Zimbabwe's first commercial export of lithium sulphate from the Arcadia Lithium Mine, marking the country's entry into a higher-value segment of the battery minerals supply chain.
South Africa secures $500mn AIIB loan for climate-resilient urban services
South Africa has signed a $500mn sovereign-backed loan with the Asian Infrastructure Investment Bank (AIIB) to strengthen municipal water, electricity, sanitation and waste services across the country's eight metropolitan municipalities.
Nigeria launches clean energy programme for 1mn MSMEs
Nigeria’s federal government has launched the Tinubu Light Initiative, a nationwide renewable energy programme aimed at providing affordable power to 1mn micro, small and medium enterprises and creating more than 50,000 direct jobs
Gigawatt Global plans $500mn solar investment for Nigerian universities
Nigerian universities facing unreliable electricity could receive up to $500mn in solar project financing from renewable energy company Gigawatt Global, with proposed installations also supplying nearby rural communities
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