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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 National Transmission Company to become utility Eskom’s independent subsidiary by mid-2023
Egypt’s Al-Suwaidi, Qatar’s Urbacon to build €1.19bn power plant in Libya
Egypt’s Al-Suwaidi Electric and Qatar’s Urbacon Trading and Contracting signed a deal worth €1.19bn to construct 1,044-MW gas-fired power plant in Libya’s Zliten region. The contract was signed with the Libyan General Electricity Co. (GECOL).
Nigeria's invitation for coal mining bids raises concerns over clean energy commitment
China leading the pack on switch to sodium-ion packs
With lithium-ion batteries seen by a growing number of nations as the battery tech of yesteryear thanks to the obvious limit of natural lithium in the world, the race is on to lodge patents to control the next big thing in battery tech: sodium-ion.
Africa's power generation landscape could be transformed by introduction of SMRs
The AfDB says more than 640mn of the continent’s 1.4bn people do not have electricity. Jakkie Cilliers, head of African Futures and Innovation at the Institute for Security Studies (ISS), forecasts this to rise to 657mn by 2030 on current trends.
Gemcorp to support Milele Energy’s bid for significant stake in Kenya’s 310MW Lake Turkana wind farm
Golden Rim Resources reports positive assay results from Kada gold project drilling in Guinea
Solar mini-grid start-up Nuru close to concluding $60mn funding round for expansion in DRC
Ethiopian diaspora groups issue joint statement urging Egypt to co-operate over GERD dam
Over 34 Ethiopian organisations based abroad have issued a joint statement urging Egypt to alter its "counterproductive posture" and work collaboratively with Addis Ababa on the Grand Ethiopian Renaissance Dam (GERD) project.
US copper exploration startup KoBold Metals makes historic executive appointment in Zambia project
EBRD to support largest wind farm in Africa
The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100mn to Red Sea Wind Energy, which will fund the development, construction and operation of a new 500-MW onshore wind farm in the Gulf of Suez.
South Africa’s Treasury withdraws Eskom’s controversial accounting exemption
South Africa’s Treasury has withdrawn an exemption from reporting irregular spending in the state-owned power utility Eskom’s annual financial statements, following a public outcry against it.
Financial close for $1bn floating solar farm project in Zimbabwe to come before end-2024, promoter says
Ghana IPPs reject debt restructuring of $1.4bn arrears owed by state, call for payment schedule talks
Zambia signs $3.5bn deal with China Huadian Corporation for 2,400 MW renewable energy projects
Zambia’s power utility ZESCO has signed a power purchase agreement with a Chinese investor that plans to invest $3.5bn to build plants to generate 2,400 MW of renewable energy.
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