AfrElec - Africa Power Monitor

Category
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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Africa needs stronger legal voice as climate-related litigation reshapes energy policy, says AEC

15 April 2026

With climate-related litigation cases increasing globally, the AEC maintains that African institutions must play a stronger role to ensure fair and practical outcomes that fully reflect the continent’s development and energy needs.

Namibia, Angola to enhance energy co-operation with plan to build $58mn cross-border interconnector

15 April 2026

Namibia and Angola have signed an agreement for the development of a joint power interconnector valued at about $58mn.

Perth-based Elevate Uranium grows resource base in Namibia to 106mn pounds

15 April 2026

Elevate Uranium (ASX: EL8, OTC: ELVUF), a Perth-based explorer and developer, has expanded the mineral resource base at its Koppies Uranium Project in Namibia to 76mn pounds (Mlb) of triuranium octoxide (U3O8).

Istanbul-listed Aksa Enerji obtains $300mn six-year loan from Africa Finance Corporation

14 April 2026

Funding will finance power plant investments across African continent.

Côte d’Ivoire secures $70mn green bond for Korhogo solar project

14 April 2026

Africa Finance Corporation has closed a €65mn ($70mn) green bond to fund a 66MW solar plant in Côte d’Ivoire, marking the first project finance green bond in WAEMU and signalling a shift toward African-led infrastructure financing.

Nigeria’s NERC orders TCN to cut grid losses to 6.5% by end-2026

14 April 2026

Nigeria’s electricity regulator has directed the Transmission Company of Nigeria (TCN) to reduce nationwide transmission losses to 6.5% by December 2026, tightening oversight to improve the efficiency and reliability of the national grid

Nigeria sets mini-grid rules to widen rural power access

14 April 2026

Nigeria’s electricity regulator has introduced new mini-grid rules aimed at accelerating small-scale power projects in underserved communities, widening rural access to electricity and providing clearer operating standards for investors.

Guinea-Bissau strengthens energy sector leadership amid growing upstream momentum

14 April 2026

Julio Mamadù Baldé has been appointed as Guinea-Bissau’s Minister of Natural Resources.

Germany grants new $234mn climate loan to South Africa amid grid strain

14 April 2026

Germany has extended a €200mn concessional loan to South Africa to support grid expansion & renewable energy, reinforcing European backing for the country’s just energy transition as transmission constraints continue to limit new power capacity.

Botswana, Oman sign deals for renewable energy, oil storage cooperation

14 April 2026

The deals include the development and operation of an oil storage facility in a coastal region of Botswana, and a project to develop, build and finance a 500-MW photovoltaic solar power plant inland.

France and EU help finance $196.74mn upgrade of Uganda's Jinja hydropower plants

14 April 2026

Uganda has secured UGX 735bn ($196.74mn) in financing from France and the European Union to rehabilitate the Nalubaale and Kiira hydropower stations in Jinja, key assets in the country’s electricity system

IEA steps up practical support for Africa’s clean energy transition

13 April 2026

The IEA's Clean Energy Transition Programme 2025 report underscores Africa’s increasingly important role in the global energy ecosystem, as the continent is set to become home to 20% of the world’s population by 2030.

South Africa's Eskom selects Thyspunt as preferred site for nuclear plant amid heritage risk

13 April 2026

South Africa’s state-owned utility Eskom has identified Thyspunt on the Eastern Cape coast as the preferred site for a proposed 5,200MW nuclear power station, according to a draft environmental scoping report.

South African utility Eskom agrees tariff cut with Glencore-Merafe to support smelters

13 April 2026

Eskom has agreed a 62c/kWh electricity tariff with ferrochrome producers, aiming to stabilise South Africa’s energy-intensive smelting sector while supporting industrial output and managing its own financial recovery.

Sawa Energy raises $10mn to expand solar and storage projects across East Africa

10 April 2026

Sawa Energy, an East Africa-focused developer of solar and battery systems, has secured $10mn (€8.6mn) in debt financing to expand its commercial and industrial energy portfolio across the region.

South Africa showcases green hydrogen roadmap at UNIDO conference

9 April 2026

South Africa has outlined a roadmap to develop a green hydrogen industry aimed at exporting to major global markets amid rising demand while calling for greater funding and technical support.

Namibian rail operator TransNamib pilots hydrogen-powered locomotive, seeks pivot from diesel engines

9 April 2026

TransNamib Holdings (TransNamib), Namibia’s state-owned rail company, has launched a six-month trial run for a locomotive powered by hydrogen and diesel in partnership with Belgian giant CMB. TECH (EBR: CMBT).

ASX-listed Askari Metals discovers huge lithium deposit in Namibia

8 April 2026

Askari Metals Limited (ASX: AS2) has declared a polymetallic find at its wholly-owned project in Namibia, with tin and lithium mineralisation exceeding traditional cut-off thresholds.

AEC moves to join landmark climate case to safeguard Africa’s energy interests

8 April 2026

The African Energy Chamber (AEC) has applied to participate in a major climate-related case as amicus curiae before the African Court on Human and Peoples’ Rights.

Nigerian GenCos seek clarity on $2.39bn power debt settlement

8 April 2026

Nigeria’s electricity generation companies have welcomed the federal government’s plan to clear long-running power sector debts but are questioning how officials arrived at the NGN3.3 trillion ($2.39bn) settlement figure

AfDB-backed scheme channels $11.3mn into African mini-grids

8 April 2026

A joint programme led by the African Development Bank Group and the Nordic Development Fund is directing $11.3mn into renewable mini-grid projects across 14 African countries to expand electricity access in underserved areas

Nigeria’s $2.1bn power debt plan faces credibility test as GenCos report no payments

7 April 2026

Nigeria has renewed approval of a $2.1bn plan to settle power sector debts, but generation companies say no payments have been received, raising doubts over implementation as gas shortages and falling output deepen the country’s electricity crisis.

Nigeria’s Heirs Energies backs African entrepreneurship with $10mn investment

7 April 2026

Nigerian indigenous integrated energy company Heirs Energies has allocated $10mn to 2,000 African start-ups in support of the Tony Elumelu Foundation’s (TEF).

Edited by

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