AfrElec - Africa Power Monitor

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Power

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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.

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.

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Nigeria Labour Congress rejects $4.40bn bailout for power generation companies

23 March 2026

Nigeria’s main labour union has opposed a proposed $4.40bn bailout for power generation companies, warning that the intervention would fail to address structural weaknesses in the electricity sector.

Solad completes first I-REC sale in Nigeria through subsidiary

20 March 2026

Solad Power Group has completed its first International Renewable Energy Certificate (I-REC) sale through its subsidiary, marking a step in Nigeria’s transition towards market-based climate solutions

South Africa study backs 5–10GWh battery gigafactory amid rising BESS demand

20 March 2026

A feasibility study by South Africa’s Localisation Support Fund finds strong demand for battery storage could support a 5–10GWh gigafactory, with locally produced lithium iron phosphate cells potentially competitive against imports.

Tunisia secures Japan-backed financing for 130MW solar project

20 March 2026

Japan will finance a 130MW solar project in Tunisia under its Joint Crediting Mechanism, supporting renewable capacity expansion while generating carbon credits, with participation from Marubeni and Voltalia.

World Bank debars PwC units in Kenya, Rwanda and Mauritius over Ethiopia power project

20 March 2026

The World Bank Group has imposed a 21-month debarment with conditional release on three PricewaterhouseCoopers entities in Africa over collusive and fraudulent practices linked to an electricity integration project between Ethiopia and Kenya

Nigeria’s power grid leaves 68% capacity idle despite strong demand

19 March 2026

Only 4,384MW of Nigeria’s 13,625MW installed grid capacity was available for dispatch in February 2026, leaving about 68% idle despite clear signs of strong electricity demand

Kenya’s KenGen expands geothermal expertise to Bhutan and other countries

18 March 2026

Kenya Electricity Generating Company (KenGen) (NSE:KEGN) is extending its geothermal power expertise to the Kingdom of Bhutan, joining five other countries where the firm is supporting clean energy development

South32 shuts down Mozambican aluminium smelter Mozal over high electricity cost

18 March 2026

South32 Limited (ASX/JSE:S32) has placed its aluminium smelter in Mozambique on care and maintenance after it failed to secure an affordable electricity tariff

Mauritius picks French renewables firm Seaturns to build 10MW farm

18 March 2026

French wave energy developer Seaturns has won a tender to launch a pre-commercial offshore energy farm in Mauritius, Modern Power Systems writes.

Nigeria taps Transcorp Energy to expand renewable power, via linking mini-grids

17 March 2026

Transnational Corporation Plc's (NGX:TRANSCORP) energy unit plans to deploy mini-grid projects to deliver reliable electricity to underserved communities across Abuja.

Ghana sets first EV charging tariff as utility prices fall in broader energy reset

17 March 2026

Ghana has introduced its first regulated tariff for commercial electric vehicle (EV) charging while cutting electricity and water prices, in a move aimed at easing costs and supporting energy transition efforts.

Nuclear power seen as strategic bridge in Africa’s just energy transition - AEC

16 March 2026

Africa is emerging as an important player in the global clean energy transition, driven by tighter international emissions rules and rising demand for low-carbon fuels.

Togo seeks increased electricity imports from Nigeria

16 March 2026

Togo is seeking to increase electricity imports from Nigeria’s Niger Delta Power Holding Company (NDPHC) as rising industrial consumption and expanding grid access place growing pressure on the country’s power system

Nigerian clean energy firm Starsight secures $15mn BII financing for regional expansion

16 March 2026

Starsight Energy Africa Group has secured $15mn in mezzanine debt from British International Investment to expand solar energy projects for commercial and industrial clients in West Africa.

France’s Proparco commits $15mn to African climate infrastructure fund with $200mn fundraising target

16 March 2026

France's Proparco has committed $15mn to the African Transition Acceleration Fund, a new $200mn pan-African vehicle managed by African Infrastructure Investment Managers that aims to finance early-stage climate infrastructure.

South Africa’s Eskom mulls selling surplus midday electricity to Bitcoin miners amid rooftop solar surge

13 March 2026

South Africa’s state power utility Eskom is exploring selling discounted midday electricity to Bitcoin mining companies as rooftop solar installations—now estimated at more than 5GW—reduce daytime demand on the national grid.

Nigeria electricity shortage worsens as GenCos’ $2.1bn debt chokes gas supply

12 March 2026

Nigeria’s electricity crisis is set to worsen as gas suppliers threaten to halt deliveries to thermal power plants over $2.1bn in unpaid fuel debts, pushing national power generation below 4,000MW and exposing deep financial strains sectorwide.

Rwandan president urges international backing to support country’s nuclear power drive

11 March 2026

Rwandan President Paul Kagame has called on global investors to support the country’s nuclear energy programme, saying the reliable electricity it could generate is central to the country’s economic transformation.

Baobab Microfinance Bank Nigeria launches green finance project to expand solar advisory for households and SMEs

11 March 2026

Baobab Microfinance Bank Nigeria has launched a Green Finance Project to train specialists who will guide households and SMEs in Lagos on adopting affordable and sustainable solar energy solutions.

Nigeria power distributors collect $1.67bn in 2025 despite persistent outages

11 March 2026

Nigeria’s electricity distribution companies collected NGN2.33 trillion ($1.67bn) from customers in 2025, a 29% year-on-year increase, despite continued power outages and disputes over estimated billing.

South Africa regulator lifts Eskom tariff hikes after $3bn calculation error

11 March 2026

South Africa’s Nersa has approved electricity tariff increases of 8.76% for Eskom’s direct customers from April and 9.01% for municipalities from July. The hikes follow a correction to a $3bn regulatory calculation error.

World Bank backs $10bn South Africa grid investment plan, confirms funding for CGV

10 March 2026

The World Bank has approved a blended finance programme designed to mobilise up to $10bn for South Africa’s electricity transmission expansion, using a credit guarantee vehicle to attract private investors.

Tanzania invites global investors into clean energy sector

10 March 2026

Tanzania has invited strategic investors worldwide to participate in the country’s clean energy sector, as part of an ongoing drive to stimulate economic growth while tackling climate change.

Nigeria labour union urges suspension of $14.3mn Transmission Company refurbishment scheme

10 March 2026

Nigeria’s main labour union has urged the federal government to suspend a proposed NGN20bn ($14.3mn) emergency refurbishment programme at the Transmission Company of Nigeria (TCN).

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