AfrElec - Africa Power Monitor

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Power

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Overview

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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Namibia-focused uranium miners position themselves to reap big from price surge

13 February 2026

Australian uranium miner Paladin Energy (ASX: PDN) aims to complete the ramp-up exercise of its Langer Heinrich Mine in Namibia to reach top output from July, encouraged by the high prices of the critical mineral on global markets.

SolarAfrica secures $80mn financing for 114MW SunCentral 2 solar project in South Africa

13 February 2026

SolarAfrica has secured ZAR1.5bn in financing from Investec and FirstRand to build the 114MW SunCentral 2 solar plant in South Africa, advancing a broader 1GW renewable pipeline and expanding corporate access to wheeled clean power.

Nigeria to face power cuts as gas maintenance shuts 935MW, tightening grid supply

13 February 2026

Nigeria’s electricity supply is set to decline sharply as gas infrastructure maintenance forces nearly 935MW offline, exposing persistent vulnerabilities in the gas-to-power value chain and increasing the risk of widespread load shedding.

DR Congo to launch first lithium output as China's Zijin Mining starts Manono project

13 February 2026

The DRC is set to enter lithium production for the first time in June, as Zijin Mining begins operations at the Manono project, bolstering China’s position in Africa’s critical minerals sector despite ongoing legal disputes with AVZ Minerals.

Kenya-based Anzana to build Zambia hydropower plants to back Canadian major First Quantum's copper mines

13 February 2026

First Quantum Minerals (TSX: FM) and Kenya’s Anzana Electric Group have forged a partnership under which the latter will develop hydropower generation projects in northern Zambia.

Eskom warns South Africa trading rules would undermine power market reform

13 February 2026

Eskom warns that South Africa’s draft electricity trading rules would undermine cost recovery and distort competition, as Nersa advances reforms to open a power system where the utility still supplies up to 85% of the country’s 50GW capacity.

Norwegian firm Release seals deal to build 21MW solar park at Botswana's Motheo Copper Mine

13 February 2026

Release, majority-owned by Norwegian renewable energy group Scatec ASA (OSE: SCATC), plans to build a 21-megawatt (MW) solar power plant under a seven-year leasing deal with Tshukudu Metals Botswana.

Libya plans to tap into solar to power its ambitious oil and gas projects

12 February 2026

Solar energy is increasingly being promoted in Libya as a means of supporting hydrocarbon development while also laying the foundations for a cleaner energy future.

Zimbabwe's electricity shortage persists despite improved water inflow at top hydropower plant

10 February 2026

The water level at Zimbabwe’s Lake Kariba has risen compared to its 2025 level, raising hopes that the allocation for electricity generation will be increased to help ease prolonged outages that are hampering the economy.

Nigeria GenCos seek extension of $2.65bn power subsidy plan beyond 2028

10 February 2026

Nigeria’s power generation companies are urging the government to extend its $2.65bn electricity subsidy framework beyond 2028, warning that a three-year plan will not resolve the sector’s deep-rooted liquidity crisis and legacy debt.

Nigeria’s grid records 36% power plant availability and frequency instability in January

10 February 2026

Nigeria’s electricity grid recorded a Plant Availability Factor of 36% in January, reflecting continued constraints in power generation and ongoing system instability, according to data published by the Nigerian Electricity Regulatory Commission

Kenya seeks long-term power deal with Uganda amid surplus electricity shift

9 February 2026

Kenya Power and Lighting Company (NSE:KPLC) is negotiating a long-term power purchase agreement (PPA) with Uganda to secure 100 megawatts of hydropower, as the East African neighbour emerges as a key source of surplus electricity

Equatorial Guinea deepens energy reforms with Eni deal and coordinated gas strategy

9 February 2026

Equatorial Guinea and Italy’s energy major Eni (BIT:ENI, NYSE:E) have signed a Reconnaissance Licence Agreement (RLA) aimed at facilitating technical and exploratory cooperation.

Nigeria’s Transcorp Power boosts 2025 revenue by 30% to $292mn on higher output

9 February 2026

Transcorp Power Plc (NGX: TRANSPOWER) reported a 30% year-on-year increase in revenue to NGN398.27bn ($292mn) for the 2025 financial year, supported by higher generation capacity and improved cost management.

Malawi pledges attractive regulatory framework for private investment in power generation

6 February 2026

Malawi’s government is crafting a mechanism to allow international independent power producers (IPPs) to invest locally and repatriate their earnings without hindrance.

Equatorial Guinea signs deal with Chevron to boost state role in Aseng gas project

6 February 2026

Equatorial Guinea has taken a major step to strengthen its gas sector by signing a new financing agreement for the Aseng Gas Project.

Chad’s solar power rises to 110 MW, now covers 37% of national electricity

5 February 2026

Chad has increased its installed solar photovoltaic capacity to 110 MW, with solar energy now accounting for 37% of national electricity generation, placing the country among Africa’s most solar-dependent power systems relative to grid size

South Africa’s Exxaro secures $684mn refinancing to fund manganese, renewables push

5 February 2026

South Africa’s Exxaro has secured $684mn in refinancing while advancing a $614mn manganese acquisition and expanding its renewables portfolio through Cennergi, including new wind and solar assets.

Cornex signs 5.5GWh Saudi battery deal with Al Rajhi Electrical

5 February 2026

Chinese battery maker Cornex New Energy will supply 5.5GWh of energy storage systems to Saudi Arabia’s Al Rajhi Electrical under a three-year deal aimed at localising battery manufacturing and supporting grid modernisation.

Nigeria signs deal for 500MW solar project to boost electricity and jobs

5 February 2026

Kano State in northern Nigeria has signed an agreement with Tricell Solar to develop a 500MW solar power project aimed at expanding electricity supply and supporting economic growth across the state

Angola advances 41MW solar project, expects first power by July

5 February 2026

MCA Company, which is constructing a solar power plant in north-eastern Angola, is confident that it will launch production tests by the end of February and complete the project in July.

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