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Egypt and Russia advance nuclear energy and industrial cooperation at Kremlin summit
Africa's energy demand set to nearly double by 2060, AEC’s report says
Africa will need substantial investment in electricity networks, fuel supplies and new generating capacity as energy consumption rises over the coming decades, with governments facing pressure to improve access while limiting emissions.
African Energy Week to expand to two Cape Town venues in 2027
African Energy Week (AEW) will return to Cape Town on October 4–8, 2027, using both Cape Town International Convention Centre (CTICC) venues to accommodate more exhibitors, investors and industry discussions.
Lotus uranium output down 35% at Malawi mine after processing shutdown, quarterly costs rise 76%
Australian uranium producer Lotus Resources (ASX: LOT, OTCQX: LTSRF) reported a 34.7% decline in quarterly uranium output at its Kayelekera mine in Malawi, while operating costs rose 75.6%.
Kenya LNG power project cost estimates diverge as Treasury cites $300mn
Floating gas plant put at a fraction of the $2.9bn estimate for the 1,200MW Mombasa project, as questions remain over costs, design and financing
African Energy Week reports $17bn in commitments as energy projects seek financing
African Energy Week (AEW) 2026 concluded in Cape Town with more than $17bn in reported investment commitments, new licensing opportunities and a series of corporate agreements aimed at advancing oil, gas and power projects across the continent.
Nigeria anti-graft agency arrests 15 in Ogun lithium processing probe
Nigeria's Economic and Financial Crimes Commission (EFCC) said it had arrested 14 Chinese nationals and one Nigerian at four facilities in Ogun State that the agency alleges were being used for illegal lithium processing.
South Africa's EPIX launches renewable power trading after Investec licence transfer
Investec–Energy Partners joint venture begins electricity trading as South Africa targets April 2027 opening for wholesale power market.
Nigeria's Transcorp nine-month profit falls 18% to $54.9mn
Nigeria's listed conglomerate Transnational Corporation Plc (NGX: TRANSCORP) reported a 17.9% year-on-year decline in profit after tax to NGN75.09bn ($54.9mn) in the first nine months of 2026, while revenue fell 13.3%.
Mozambique targets completion of 22 rural electrification projects by end-2027
FUNAE chairman Mety Gondola said the institution was prioritising the 10 projects already 60% to 70% complete as it seeks resources to finish delayed work.
Namibia renews environmental clearance for Asarian's Norasa uranium project until 2029
Namibia has renewed the environmental clearance certificate for Asarian Energy's (TSX: ARN; FSE: F2T; NSX: AAE) Norasa uranium project until August 11, 2029, allowing the explorer to continue advancing development plans for its two uranium deposits.
China’s Huayou acquires Ghana lithium project rights, assumes $66mn funding commitment
Chinese mining group takes over Elevra Lithium’s interests in Ewoyaa, while its separate $210mn takeover of Atlantic Lithium awaits final approvals.
Tanzania gives state institutions six months to identify carbon credits in infrastructure
Government targets emissions-reduction revenue from railway, transit and hydropower projects but faces verification and financing challenges.
Nigeria’s Geregu Power signs Siemens Energy deal for three transformers at 435MW plant
Equipment procurement aims to improve grid reliability after prolonged transformer-related outages, while first-half revenue fell nearly 79%.
Kenya plans 34 geothermal wells and 200MWh battery storage by 2030
Kenya plans to drill 34 geothermal wells and deploy a 200-megawatt-hour (MWh) battery energy storage system by 2030 to meet rising electricity demand and improve grid reliability.
Uganda's electricity regulator expects power cuts to ease within six months
Uganda's electricity regulator expects fewer power cuts within six months as UEDCL tackles ageing infrastructure, procurement delays and slow upgrades.
Ethiopia seeks water and energy investment partnerships at Addis Ababa forum
Ethiopia is seeking investment and financing partnerships for water and energy infrastructure at a five-day forum opening in Addis Ababa on October 26, focusing on renewable power, electricity access and climate-resilient water services.
AfDB approves $504mn loan for Botswana to support economic reforms, ease energy costs
Côte d’Ivoire launches $56mn Tongon solar project, with construction planned for 2027
Côte d’Ivoire has formally launched a XOF33bn ($56.3mn) solar power project at Tongon in the northern Poro region, with construction of the 52-megawatt-peak (MWp) facility scheduled to begin in 2027 and commissioning targeted for mid-2028.
Uganda breaks ground on $384mn power transmission project linking Karuma and Tororo
The 400-kV Karuma–Tororo project involves approximately 347 kilometres of transmission lines crossing 15 districts, alongside new and upgraded substations. Construction is expected to take 36 months.
Malawi’s EGENCO targets restoration of 31MW hydropower capacity by mid-November after delays
Malawi's state-owned Electricity Generation Company (EGENCO) expects to restore approximately 31 MW of hydropower capacity by mid-November, comprising a 20-MW generating unit at Nkula B and 11.1 MW of lost output at Nkula A.
Nigeria's NBTI outlines $600mn in proposed solar and small-business energy financing
NBTI, a federal technology-incubation agency, said it is pursuing more than $600mn in proposed investment and development-finance opportunities centred on university solar projects and a nationwide small-business energy programme.
Mozambique awards Dubai’s Jampur 20-year concession to revive idle solar-panel factory
Mozambique has transferred management of its state-owned solar-panel factory in Beluluane to Dubai-based Jampur Group under a 20-year concession, seeking to revive production at a facility that has been idle for approximately four years.
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