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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More than 20 African countries exploring potential of nuclear energy – IAEA report

19 August 2025

African countries are working to expand electricity access and production, with many turning to nuclear power to boost energy security, cut emissions, and improve reliability and sustainability.

Libya launches $10bn solar programme to supply 40% of power needs by 2035

19 August 2025

Libya is embarking on a $10bn solar energy programme designed to generate 4GW of power by 2035, to reduce its dependence on fossil fuels and upgrade its fragile electricity grid. The capacity would be enough to supply nearly 40% of Libya’s needs.

South African energy trader EXSA secures 15-year PPA with renewables developer Seriti Green

19 August 2025

Licensed electricity trader Energy Exchange of Southern Africa (EXSA) has concluded a 15-year power purchase agreement (PPA) with Seriti Green.

South African packaging company Mpact signs solar PPA to cut emissions at paper mills

19 August 2025

South African packaging and recycling company Mpact has signed a power purchase agreement (PPA) for 30 GWh of renewable energy per year with independent energy trader Enpower Trading.

Kenya expands geothermal energy to meet record power demand

19 August 2025

Kenya Electricity Generating Company (KenGen) is accelerating exploration of geothermal fields in Suswa, Olkaria, Menengai, and Silali in Baringo to meet surging electricity demand, which hit a record 2,362.28 megawatts (MW) on July 23, 2025

South Africa’s power utility Eskom close to ending load reduction, says minister

19 August 2025

South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has acknowledged that state-owned power utility Eskom’s practice of load reduction disproportionately affects low-income communities.

Nigeria signs UNDP agreement to boost clean energy and skills development

19 August 2025

Nigeria’s Rural Electrification Agency (REA) has signed an agreement with the United Nations Development Programme (UNDP) to accelerate the country’s clean energy transition through skills development, local investment, and innovation

South Africa's power utility Eskom launches 291-MW solar tender amid accelerated renewables rollout

18 August 2025

South Africa’s state-owned power utility Eskom has launched a tender for 291 MW of solar photovoltaic capacity under long-term power purchase agreements with independent power producers.

South Africa’s minister provides update on grid performance, status of electricity sector reform process

15 August 2025

South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has assured the nation that ongoing reforms in the electricity sector are “irreversible.”

Nigeria approves $8.5mn compensation and $34mn transformer plan to boost electricity grid

14 August 2025

The Nigerian government has approved NGN13bn ($8.5mn) in compensation and a $34mn transformer procurement initiative as part of ongoing efforts to modernise the national electricity grid and improve power stability

Egyptian energy firm TAQA Arabia posts 66% y/y jump in net profit to $7.24mn in H1 2025

14 August 2025

TAQA Arabia, the largest private-sector energy distribution company in Egypt, posted a consolidated net profit in H1 2025 of EGP 350mn ($7.24mn), a 66% year-on-year (y/y) jump, the company said in a bourse filing.

Egypt and Greece to accelerate sub-sea power interconnection project

14 August 2025

Egypt and Greece have agreed to accelerate the 3GW Egypt–Europe electricity interconnection project via Cyprus, which aims to export renewable energy from Egypt via the development of multiple solar and wind power projects.

Morocco launches international tender for $6.2mn hybrid solar-diesel power plant in El Guerguarat

13 August 2025

Morocco’s National Office of Electricity and Drinking Water (ONEE) launched an international tender for the construction of $6.18mn hybrid solar-diesel power plant with battery storage in El Guerguarat.

Uganda approves 100 MW solar plant with US firm Energy America to expand clean energy capacity

12 August 2025

Uganda’s government has authorised the development of a 100 megawatt-peak (MWp) solar photovoltaic (PV) power plant integrated with 250 megawatt-hours (MWh) of battery energy storage (BESS) in Kapeeka Sub‑County, Nakaseke District.

ASP Isotopes set for Johannesburg listing, will acquire Renergen, advance uranium enrichment plans with NECSA

12 August 2025

Nasdaq-listed ASP Isotopes plans to list on the JSE and acquire 100% of South Africa’s only onshore helium and LNG producer while advancing uranium enrichment plans with NECSA.

Nigeria’s Elektron Finance launches $130mn bond programme for Lagos power project

12 August 2025

Elektron Finance SPV has launched a NGN200bn ($130mn) bond issuance programme, marking its debut in the country’s debt capital market with strong institutional investor participation.

Egypt-UAE venture Infinity Power win tender to develop two solar plants in Côte d'Ivoire

11 August 2025

Infinity Power, a partnership between Egypt’s Infinity and Abu Dhabi-based Masdar, has won a tender to develop two solar power plants in Côte d'Ivoire, achieving record-low tariffs for West and Central Africa.

Nigeria power companies Ikeja Electric, KEPCO Energy Resources deny being in "receivership"

11 August 2025

Two major players in Nigeria’s power sector, Ikeja Electric and KEPCO Energy Resources, have denied media reports that a Lagos High Court ordered banks and regulators to seize their assets and accounts.

South Africa plans to launch credit guarantee vehicle to support independent transmission projects

11 August 2025

The National Treasury of South Africa has confirmed it will contribute 20% of the initial $500mn needed to establish a credit guarantee vehicle designed to reduce investment risk for privately funded public infrastructure projects.

Ghana, Rwanda push ahead in race for Africa’s first small nuclear reactors

11 August 2025

Ghana and Rwanda are leading the charge to deploy Africa’s first small modular nuclear reactors (SMRs), the head of the World Nuclear Association said.

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