AfrElec - Africa Power Monitor

India’s KEC International wins second Ethiopia grid contract in six months

Indian infrastructure contractor KEC International has secured a 177km transmission-line contract in Ethiopia, its second grid EPC award in the Horn of Africa country within six months.

Bannerman launches $90mn placement to fund share of Namibia uranium project Etango

Bannerman Energy has launched a $90mn underwritten placement that, together with CNNC funding and existing cash, is expected to fully fund its share of Namibia’s Etango uranium project through construction and ramp-up.

IFC mulls $40mn senior-debt investment in Camco's African renewable energy fund REPP 2

IFC, the World Bank Group's private-sector arm, is considering a senior-debt investment of up to $40mn in Camco REPP 2, a private debt fund financing SME renewable-energy projects across sub-Saharan Africa.

Kenyan utility KenGen cuts dividend 16.7% as FY2026 profit slips despite revenue growth

Kenya’s largest electricity generator, Kenya Electricity Generating Company Plc (KenGen) (NSE: KEGN), has cut its dividend by 16.7% to KES0.75 per share for the year ended June 2026 after profit slipped despite higher revenue.

Gambia power cuts trigger protests near President’s residence

Protests over prolonged electricity cuts broke out overnight on September 7-8 across Banjul and other parts of The Gambia, including near President Adama Barrow’s official residence.

Senegal moves to establish nuclear programme bodies as first NPP plans advance

Senegal opened a five-day implementation workshop in Dakar on September 7 to establish a Strategic Committee and Nuclear Energy Programme Implementing Organisation (NEPIO), advancing the institutional groundwork for a potential first NPP.

WPC Energy, AEC call for stronger African voice in global energy debate

Africa should have a stronger role in international energy discussions as governments seek to balance energy security, economic growth and emissions cuts.

Senegal’s Senelec denies planned power outages after West African Energy plant problem

Senegal’s national electricity utility Senelec has denied an announcement of planned power cuts between September 7 and 13 that circulated widely in local media, a day after a separate technical problem at its West African Energy (WAE) power plant.

Namibia’s DBN says clean-energy financing tops $99mn, supports 81.6MW capacity

The Development Bank of Namibia (DBN) has invested more than NAD1.58bn ($98mn) in clean energy projects since its establishment, supporting 81.6 megawatts of clean energy capacity, the Windhoek Observer reported on September 8.

Huawei targets 4,000 MWh battery storage expansion in Egypt by 2027

South Africa sets end-2027 target for independent transmission operator outside Eskom

The tender moves South Africa’s long-planned electricity-sector restructuring from policy into execution by setting an end-2027 target for separating the transmission operator from Eskom and forcing advisers to resolve complex financial issues.

Kenya cuts thermal power use as rising demand pressures grid

Kenya Power PLC (NSE: KPLC) cut purchases of costly thermal electricity by 11% in the six months to June 2026 while electricity imports surged 31% as rising demand increased pressure on the country's power system.

Tanesco signs $23.89mn deal to expand power supply to Geita gold mine

Tanzania’s state-owned electricity utility Tanesco has signed a contract worth about TZS63bn ($23.89mn) with Sihotech Engineering Company in collaboration with Sieyuan Electric Company Limited (SZSE:002028) to expand power supply to Geita Gold Mine

إEgypt connects first phase of 900MW Ras Shokeir wind farm to national grid by December 2027

Sturdee Energy enters Zambia with 200MW Masaiti wind deal

Southern African independent power producer Sturdee Energy has entered Zambia through an agreement to acquire the 200MW Masaiti Wind Project from Upepo Holdings, marking its first investment in the country.

South Africa watchdog backs A.P. Moller Capital takeover of Mainstream renewables platform

South Africa’s Competition Commission recommended on September 3 that the Competition Tribunal approve A.P. Moller Capital’s acquisition of Mainstream Renewable Power South Africa, subject to public-interest conditions.

Kenya formally commissions transmission projects serving Konza-Namanga corridor

Kenya has formally commissioned two 132kV transmission projects on September 3 linking Kajiado, Makueni and Machakos counties and strengthening supply along the Konza-Namanga economic corridor.

Premier seeks 58.6bn-share authority as Zulu and corporate funding need hits $19mn

Premier African Minerals (AIM: PREM) is seeking shareholder authority to issue up to 58.63bn new shares as it estimates it will need about $19.1mn through the end of 2027 to fund its Zulu lithium project in Zimbabwe and wider corporate requirements

Nigeria electricity metering rate rises to 61.5% but 4.85mn customers remain unmetered

Mozambique power utility faces $76mn losses from extreme weather

Mozambique’s state-owned electricity utility EDM estimates that extreme weather has caused about $76mn in losses since 2022 and says it needs about $103mn through 2028 to strengthen the grid against climate-related disasters.

Tanzania targets additional 122MW from solar projects

Tanzania is targeting an additional 122 megawatts (MW) of solar power from ongoing and planned projects as the government seeks to expand electricity generation and diversify the country's power mix

Morocco’s Valoris fund moves to buy remaining 49% of Unisystem Energy

Moroccan energy-transition investment fund Valoris Alternative Investments Fund has notified the country’s Competition Council of plans to acquire the remaining 49% of Unisystem Energy.

Africa-focused Invictus Energy advances Zimbabwe gas development ahead of AEW 2026

Invictus Energy will participate in African Energy Week 2026 in Cape Town as a Bronze Partner, bringing Zimbabwe’s Cabora Bassa Basin development to the continent’s energy investment forum.

Deep Yellow signs Namibia uranium earn-in deal with Core Energy Minerals

Deep Yellow said its RMR unit has signed an earn-in agreement allowing critical minerals explorer Core Energy Minerals to acquire up to a 51% stake in a Namibian uranium joint venture by funding AUD5mn ($3.6mn) in exploration expenditure.

Cape Town signs first 70MW private power deals below Eskom rates

Cape Town has signed its first long-term power purchase agreements with independent producers, securing 70MW of solar electricity at prices the city says are 19%-21% below the equivalent current cost of purchasing electricity from Eskom.