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Masdar and Octopus Energy sign MOUs for UK and Africa renewables push
Abu Dhabi-based Masdar and UK power group Octopus Energy have signed two MOUs to jointly develop renewable energy projects in the UK and across Africa, targeting solar, wind and battery storage as part of their global decarbonisation strategies.
Africa solar capacity tops 63GW as Chinese imports reveal hidden growth
Africa’s installed solar capacity may already exceed 63GW, nearly three times official estimates, after AFSIA analysed Chinese module export data. The findings suggest the continent was the world’s fastest-growing solar market in 2025.
Egyptian El Nasr Automotive explores EV battery production with China’s Shandong Heavy Industry
Nigerian GenCos lose $1.6bn in capacity payments over a decade as power remains stranded
Nigeria’s power generation companies lost an estimated NGN2.28 trillion ($1.6bn) in capacity payments between 2015 and 2025 as large volumes of electricity failed to reach consumers
Chinese firm Bluesun wins contract to build 26MW solar project in Zambia
Kiyona Energy (Kiyona) of Zambia has selected Bluesun Solar Zambia (Bluesun) to build a 26-megawatt (MW) solar farm in the southern African country.
South Africans to learn new Eskom electricity tariffs on April 1
South African households will learn their new electricity tariffs on April 1 after NERSA closed public consultations, as consumers brace for potential bill increases following earlier double-digit hikes approved for Eskom.
UK and AfDB extend $1bn climate guarantee for South Africa
The UK government and the African Development Bank (AfDB) have extended a climate-linked $1bn debt guarantee to South Africa, preserving a $400mn municipal funding programme that risked lapsing if the facility had expired.
Malawi's cost of living crisis set to worsen as regulator hikes electricity tariff by 12%
Malawi’s energy regulator announced a 12% electricity tariff increase on January 20, a day after it hiked the fuel pump price by 40%.
NORAD grants Africa-focused renewable energy developer Axian $1mn for investment in African projects
Africa-focused renewables developer Axian Energy (Axian) has received a $1mn grant from the Norwegian Agency for Development Cooperation (NORAD) to finance early-stage activities at projects in four African countries.
Zambian college signs MoU with Vision Hitech of China to build 20MW solar farm
Zambia’s Kafue Gorge Training Centre (KGTC) has started building the first phase of a 20-MW solar project, which is expected to be completed by December this year.
Kenya Power sees record electricity demand amid growing economy
Kenya’s national electricity demand hit a record 2,439 megawatts (MW) on December 3, 2025, the highest in the country’s history.
South Africa may turn to banks or bonds to help achieve Eskom decarbonisation, says energy minister
South Africa is struggling to access more than $13bn pledged by Western partners to support Eskom’s decarbonisation, as the financing terms are too costly, Energy Minister Kgosientsho Ramokgopa says.
SAPVIA raises concerns over planned unbundling of South Africa’s national power utility
The South African Photovoltaic Industry Association (SAPVIA) has expressed concerns about the revised unbundling strategy for the state-run power utility Eskom.
Neo Energy secures $10.1mn funding to advance South Africa uranium project
Neo Energy Metals has secured up to $10.1mn in strategic funding from a UK investor to advance its Beatrix uranium and gold project in South Africa, as rising nuclear demand revives interest in previously mothballed mining assets.
Nigeria power sector debt hits $7.2bn with GenCos paying just 36% on invoices, threatening bond plan
Nigeria’s power sector debt has climbed to $7.2bn after generation companies received barely 36% of invoiced payments in 2025, raising doubts over the effectiveness of the government’s new bond programme aimed at easing liquidity pressures.
India’s IREDA lends $22.5mn for 100MW solar project in Zambia via subsidiary
India’s state-owned renewable energy lender IREDA, through its offshore arm IGGEFIL, has approved a $22.5mn green loan to Swarna Solar to develop a 100MW solar power project in Zambia, marking the group’s first international lending deal.
Nigeria's Geregu Power declares $15.8mn dividend on 2025 results
Geregu Power Plc has declared a cash dividend of NGN9 ($0.0063) per share for the 2025 financial year, amounting to NGN22.5bn ($15.8mn)
Sudan’s Giad Group to launch first EV production in Q1 2026
Sudan backs Trump-led mediation initiative on Nile water dispute
Canadian group ReeXploration secures funding for uranium exploration at Eureka Project in Namibia
Canadian company ReeXploration (TSXV: REE, FSE: K2I0) has announced that its 2026 uranium exploration campaign at its Eureka Project in Namibia is now fully funded.
Africa’s green hydrogen projects stall as offtake gaps persist, warns EIC
Africa’s green hydrogen ambitions are slowing as most projects lack binding offtake agreements and critical infrastructure. The EIC finds only two small plants operating despite $194bn in planned investments.
Tanzania seeks international investment to expand geothermal power sector
Tanzania is intensifying efforts to attract foreign investors to its geothermal energy sector as it advances plans to exploit its vast resources to provide affordable and reliable electricity
Zambian utility Zesco signs 20-year PPA with Canadian firm Stardust for a proposed 30MW solar project
Stardust Solar Energy Inc.has secured a 20-year power purchase agreement (PPA) in Zambia to support a planned 30-MW) solar project, which is set to reach commercial operation later this year.
South Africa leads continent’s renewable energy transition, says Forvis Mazars
South Africa offers major investment opportunities across wind, solar, biofuels and green hydrogen, according to Forvis Mazars, supported by strong policy frameworks, private-sector participation and rising clean-power generation.
Nigerian DisCos lose $31.17mn to inefficiencies in October 2025
Nigeria’s electricity distribution companies lost NGN44.27bn ($31.17mn) in October 2025 due to billing and revenue collection inefficiencies, according to data published by the Nigerian Electricity Regulatory Commission
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