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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.
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South Africa’s power utility Eskom seen overshooting emergency diesel budget for FY23/24
2023 has been the worst year for power cuts implemented by South Africa’s utility Eskom. By December, Africa’s most advanced economy had 322 days of rolling power outages. It has spent billions on diesel to keep the lights on.
Mozambique to receive $33mn from AfDB to improve its power grid
More countries to start producing electricity from nuclear power, says IAEA
About a dozen new countries should start producing electricity from nuclear power in the next few years, according to IAEA head Rafael Mariano Grossi, including Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan.
COP28: Nations vow renewable energy boost
At COP28 in Dubai, 118 nations pledged to triple the world’s renewables capacity by 2030, and to reduce the share of fossil fuels by 2050 at the latest.
COP28: CIP announces $3bn renewables fund
Copenhagen Infrastructure Partners has announced the launch of its Growth Markets Fund II, during the 2023 COP28 in Dubai.
COP28: Nigeria to build 1GW solar photovoltaic plant
COP28: Uganda eyes net zero with new energy blueprint
Uganda is banking on the private sector to mobilise a staggering $8bn by the end of the decade to drive ambitious economic development, attain universal energy access and achieve net-zero targets by 2065.
Ethiopia signs $600mn wind project agreement with UAE'S AMEA
Ethiopia has agreed with AMEA Power of the UAE to construct a 300-MW wind project for $600mn, said Ethiopia’s finance ministry. Reuters reported the news.
Zimbabwe introduces taxes on lithium, wealth, sugary beverages
COP28: Kenya bags $4.4bn for green manufacturing projects
Chinese miner Sinomine launches spodumene processing plant at Zimbabwe's oldest lithium mine
AfrElec: CAR’s second solar photovoltaic power plant inaugurated
South Africa’s bid to tackle energy crisis starts bearing fruit, senior emerging markets economist says
The intensification of load shedding has brought growth in South Africa’s economy to a halt in 2023, but there finally appears to be some light at the end of the tunnel, says Jason Tuvey of Capital Economics.
Zimbabwean energy infrastructure group ATC secures contracts for solar, wind farms from Tsingshan
World Bank consents to legal separation of South Africa power utility Eskom’s transmission division
World Bank has granted its consent to the proposed legal separation of the Transmission Division from South Africa's state-owned power utility Eskom to the National Transmission Company South Africa.
China Dongsheng’s Titan Lithium unit to start drilling at Titan 1 project in Tanzania
COP28 – what will be the main battles?
As around 70,000 people descend on Dubai for COP 28, the warnings signs of the climate crisis are clear. So far this year has been the hottest ever, and the future looks bleak.
REM: COP28 – what will be the main battles?
BlackRock: reforms could release $4 trillion in low-carbon investment in emerging markets
According to US investment giant BlackRock, the right public sector reforms and private sector innovation could release as much as $4 trillion in green investment in emerging markets by mid-century.
GreenGo Energy says it will develop 60GW renewables project in Mauritania
GreenGo Energy says it will develop Megaton Moon, a 190 TWh green-energy park in Mauritania set to transform the African country and provide net-zero action at scale.
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