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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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US copper exploration startup KoBold Metals makes historic executive appointment in Zambia project
EBRD to support largest wind farm in Africa
The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100mn to Red Sea Wind Energy, which will fund the development, construction and operation of a new 500-MW onshore wind farm in the Gulf of Suez.
South Africa’s Treasury withdraws Eskom’s controversial accounting exemption
South Africa’s Treasury has withdrawn an exemption from reporting irregular spending in the state-owned power utility Eskom’s annual financial statements, following a public outcry against it.
Financial close for $1bn floating solar farm project in Zimbabwe to come before end-2024, promoter says
Ghana IPPs reject debt restructuring of $1.4bn arrears owed by state, call for payment schedule talks
Zambia signs $3.5bn deal with China Huadian Corporation for 2,400 MW renewable energy projects
Zambia’s power utility ZESCO has signed a power purchase agreement with a Chinese investor that plans to invest $3.5bn to build plants to generate 2,400 MW of renewable energy.
South Africa avoids green activists at home by relying on fossil-based energy from abroad, expert says
South Africa's Treasury grants partial exemption on annual reporting to power utility Eskom
Cape Town issues 500-MW energy tender to pursue independence from South Africa national grid
South Africa's Eskom hands back Uganda's power stations in sorry state after 20-year concession
Red Sea Wind Energy consortium achieves financial close of 500-MW Gulf of Suez Wind Farm
The wind farm will be built, owned and operated by Red Sea Wind Energy, which is owned by a Consortium of ENGIE (35%), Orascom Construction (25%), Toyota Tsusho Corporation (20%) and Eurus Energy Holdings Corporation (20%).
GECOL, Total Energy start construction of 500-MW solar power park in Libya’s Al-Saddada
Libya’s national electricity company (GECOL) has started the construction of the first public solar power park in the Al-Saddada neighbourhood south-east of Misrata, the company said in a statement quoted by the Libya Observer on Monday, April 3.
Urgent action needed to provide access to electricity for all in Africa, AfDB president says
Parts of Ghana to face a 14-day power interruption as plant gets shut down for maintenance
Some parts of Ghana are expected to see interruptions in power supply for 14 days as the Ghana Gas Company Limited conducts a temporary shutdown of the Atuabo Gas Processing Plant for maintenance.
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