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Mauritius Commercial Bank leads $400mn loan for Karpowership’s African operations
Mauritius Commercial Bank Ltd. led the arrangement of a $400mn syndicated loan for Karpowership’s African unit, Sea World Energy Holdings Ltd., expanding its regional energy-financing portfolio amid rising electricity demand across the continent.
Axian Energy signs deal to develop 100-MWp solar-plus-storage plant in Chad
Axian Energy has signed a memorandum of understanding with Chad’s Ministry of Energy and Water to develop and operate a 100-MWp solar-plus-storage facility in N’Djamena, paired with a 50-MWh battery energy storage system
Norfund invests $75mn in South Africa’s Mulilo Renewable Energy to support coal transition
Norway’s Norfund (via its Climate Investment Fund) will invest $75mn in South Africa’s Mulilo Renewable Energy Ltd. to scale solar and wind projects under the REIPPPP programme.
Schneider Electric targets 85% local component in Egypt’s Badr facility
Schneider Electric unveiled plans to raise the local component ratio of its Badr City factory in Egypt from 81% in 2024 to 85% in the coming period
AEC to host G20 African Energy Investment Forum ahead of G20 Summit in Johannesburg
The African Energy Chamber (AEC) will host the G20 African Energy Investment Forum ahead of the G20 Summit in South Africa.
Tunisia, World Bank sign $430mn results-based energy transition deal to mobilise $2.8bn in renewables
Tunisia has signed a $430mn results-based financing deal with the World Bank to modernise its energy sector. The initiative aims to mobilise $2.8bn in private investment, add 2.8GW of renewable capacity by 2028, and cut electricity-supply costs 23%.
Nigeria restructures Siemens-backed power initiative into phased implementation plan
Nigeria has restructured its Presidential Power Initiative with Siemens Energy into a three-phase implementation plan, focusing first on stabilising the existing grid before expanding transmission and distribution capacity.
South Africa: Industry condemns government silence over looming gas crisis as Sasol offers interim fix
The Industrial Gas Users Association of South Africa (IGUA-SA) has once again voiced its concerns about the impending “gas cliff” and the government’s inaction in addressing the supply shortage.
Nigeria’s electricity distributors collect record $1bn in first eight months of 2025
Nigeria’s electricity distribution companies collected NGN1.51trillion between January and August 2025, the highest revenue recorded over a comparable period, according to NERC data.
South Africa outlines investment path to achieve energy security and net zero by 2050 - SAESIR report
A consortium of public sector institutions has released a report titled South Africa’s Energy Sector Investment Requirements to Achieve Energy Security and Net-Zero by 2050 (the SAESIR report).
Russia in talks to buy 1,000t of Niger uranium amid Sahel realignment, fading French influence
French security assessments cited by Le Monde indicate Russia is negotiating a $170mn deal to acquire 1,000 tonnes of uranium from Niger, in a move that would redirect one of the Sahel’s strategic resources away from long-standing European buyers.
WAPP grid synchronisation links Nigeria, Niger, Benin and Togo, paving way for cross-border power trading
Nigeria, Niger, Benin and Togo are now operating on a single synchronised grid frequency under the West African Power Pool, allowing coordinated dispatch and more stable cross-border electricity flows.
Nigeria’s DisCos boost collections to over $1bn as tariff and metering reforms take hold
Nigeria’s electricity distribution companies (DisCos) collected about $1.03bn between January and August 2025, up 43% year on year, according to Nigerian Electricity Regulatory Commission (NERC) data.
Elektron Energy lists $3.23mn infrastructure bond on Nigerian Exchange
The Nigerian Exchange (NGX) has listed Elektron Finance SPV’s NGN4.64bn ($3.23mn) Series 1 infrastructure bond, marking the start of November with a long-tenor security aimed at deepening Nigeria’s fixed-income market.
Morocco advances plan for 5GW renewable build to supply industrial sector by 2030
Morocco is developing plans for about 5GW of new solar and wind capacity dedicated to industrial users as part of efforts to stabilise electricity costs, support manufacturing competitiveness and deepen its energy transition.
Kenya’s Davis & Shirtliff installs solar hybrid system in Lodwar to expand off-grid power access
Lodwar town has received a modular containerised solar hybrid system to provide residents with clean and reliable electricity, marking a major step toward expanding energy access in Kenya’s off-grid regions
Genesis Energy and Nigerian National Petroleum Company partner to supply excess power to national grid
Genesis Energy and the NNPCL have entered into a partnership to supply excess electricity from the Port Harcourt Refining Company to the national grid, in a move aimed at reducing energy shortages and improving grid reliability.
Rwanda and US discuss nuclear and gas cooperation as Kigali evaluates SMRs and gas-to-power plans
Kigali and Washington have discussed possible cooperation on civil nuclear energy and natural gas development as Rwanda evaluates its long-term power mix. The talks took place while Rwanda proceeds through the IAEA Milestones Phase 1-2 process.
South Africa–Europe iron ore route could adopt ammonia-fuelled vessels from 2029 — study
98MW solar power project starts supplying South African chemicals giant Sasol
A 97.5-megawatt (MW) solar power project in central South Africa which supplies electricity to an oxygen production plant at Sasol Secunda that is being run by French firm, Air Liquide, has been officially inaugurated.
African Development Bank mobilises $15mn funding package for Zambia's Garneton North solar project
The African Development Bank (AfDB) has provided a $15mn funding package to back a 20MW solar project to be built in northwestern Zambia, the financial institution said on October 31.
South Africa's University of Cape Town in collaboration to establish backup power project at its health sciences wing
South Africa's University of Cape Town (UCT) has partnered engineering, procurement, and construction firm ACES Africa and sustainable energy company Solarise Africa to launch a backup power project at its Health Sciences Campus in Observatory.
Ghana, Switzerland partner on $200mn solar drive to boost clean energy shift
Ghana has launched a $200mn clean energy programme with Switzerland to expand the use of rooftop solar systems and reduce carbon emissions across the country.
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