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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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Ghana power utility saves millions after slashing IT contract fees
State-owned Electricity Company of Ghana (ECG) is saving GHS13.2mn ($1.1mn) a month after renegotiating its contract with local IT company Hubtel, cutting commission charges from 3% to 1.65%.
IMF urges Ghana to keep quarterly power tariff reviews
Kenya Power warns rapid wind, solar growth is straining grid
Kenya’s national electricity utility has warned that the rapid expansion of wind and solar power is putting pressure on the stability and reliability of the country’s electricity grid
Six Chinese equipment makers express interest in South Africa’s $136bn energy programme
Six Chinese energy-sector equipment manufacturers have expressed interest in South Africa’s energy infrastructure programme following a week-long investment mission to China.
Ghana's Bui Power Authority posts $66mn profit
Ghana's state-owned Bui Power Authority (BPA) posted a net profit of $66.2mn on revenue of $145.9mn last year, but cash flow remains squeezed by unpaid bills from its main customer, the company's chief executive said.
Tanzania court awards $8m legal costs to IPTL, Pan Africa Power Solutions
Tanzania’s Court of Appeal has awarded Independent Power Tanzania Limited (IPTL) and Pan Africa Power Solutions (T) Limited $8mn in legal costs after striking out an appeal by Standard Chartered Bank (Hong Kong) Limited and StanChart Bank Malaysia
Nigeria's NERC takes control of Kaduna DisCo over $335.2mn debt
The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Company and taken regulatory control of the utility after its cumulative market debt rose to NGN456.5bn ($335.2mn)
Sasol and Envision Energy advance study of potential green hydrogen system in South Africa
South Africa’s chemicals and energy group Sasol (JSE:SOL, NYSE:SSL) and China’s green technology company Envision Energy are studying the potential development of a green hydrogen system at Sasol’s Sasolburg operations in South Africa.
EBID approves more than $510mn for West African infrastructure and finance projects
The ECOWAS Bank for Investment and Development (EBID) has approved five financing operations worth more than $510mn for transport, healthcare, renewable energy and financial-sector projects in Ghana, Guinea and Sierra Leone.
Malta receives four proposals for North Africa renewable power link
Malta has received four proposals for a planned renewable electricity link with North Africa, as the Mediterranean island explores importing large-scale renewable power to diversify its energy supply.
Nigeria's Geregu Power defaults on $29.44mn bond payments as output falls
Nigeria's Geregu Power Plc (NGX:GEREGU) has defaulted on coupon and principal payments on its own $29.44mn Series 1 Senior Unsecured Bond as a turbine maintenance programme weighs on electricity generation and cash flow
South Africa’s Eskom launches task team to tackle Khayelitsha power outages
Eskom has formed a task team to cut a 5,000-fault backlog in Khayelitsha, deploying extra technicians and security to restore electricity by September 30.
Zimbabwe eyes $1bn turnover from lithium sulphate exports amid beneficiation drive
The forecast follows Zimbabwe's first commercial export of lithium sulphate from the Arcadia Lithium Mine, marking the country's entry into a higher-value segment of the battery minerals supply chain.
South Africa secures $500mn AIIB loan for climate-resilient urban services
South Africa has signed a $500mn sovereign-backed loan with the Asian Infrastructure Investment Bank (AIIB) to strengthen municipal water, electricity, sanitation and waste services across the country's eight metropolitan municipalities.
Nigeria launches clean energy programme for 1mn MSMEs
Nigeria’s federal government has launched the Tinubu Light Initiative, a nationwide renewable energy programme aimed at providing affordable power to 1mn micro, small and medium enterprises and creating more than 50,000 direct jobs
Gigawatt Global plans $500mn solar investment for Nigerian universities
Nigerian universities facing unreliable electricity could receive up to $500mn in solar project financing from renewable energy company Gigawatt Global, with proposed installations also supplying nearby rural communities
Ghana outlines new comprehensive methane management framework for oil and gas industry
Ghana’s Environmental Protection Authority (EPA) has unveiled technical requirements for inspecting and monitoring methane emissions from oil and gas operations, as the country moves to implement tighter controls on leaks, venting and flaring.
Mali ratifies AfDB loans for $190mn Bamako power project
Mali’s National Transitional Council has unanimously approved legislation authorising the ratification of African Development Bank Group loans for a $190mn project to strengthen electricity supply in Bamako and surrounding areas.
South African farmers oppose KwaZulu-Natal lithium expansion
South Africa’s efforts to develop an emerging lithium-mining sector are facing resistance from farmers and rural communities concerned about the effects of open-pit operations on agricultural land, water supplies and livelihoods.
Sungrow supplies 35 MWh of storage for Sierra Leone solar projects
Sungrow Power Supply has supplied 35 MWh of battery energy storage capacity for Sierra Leone’s World Bank-backed Regional Emergency Solar Power Intervention Project (RESPITE)
Sasol hires Envision to design green hydrogen system for South Africa e-methanol project
South African chemicals and energy group Sasol (JSE:SOL; NYSE:SSL) has commissioned China’s Envision Group to design a green hydrogen system for a proposed e-methanol project at its Sasolburg complex.
Egypt and Iraq discuss strategic oil pipeline via Jordan to Red Sea
Egypt and Iraq have held high-level bilateral discussions focused on a major strategic oil pipeline project running from Iraq to Jordan’s port of Aqaba and onwards to the Red Sea coast
REA signs solar manufacturing deal to cut Nigeria’s import dependence
Nigeria’s Rural Electrification Agency (REA) has signed a manufacturing partnership with Ecotech Development Nigeria Limited to assemble solar panels and batteries locally
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