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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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AfDB commits $29.4mn to 62 MW solar power project in Togo
The African Development Bank (AfDB) has committed €26.5mn in financing for a 62 MW solar power plant in Togo, to be developed by French state-owned utility Électricité de France.
African energy ministers convene to explore financing strategies at Invest in African Energy 2025 forum
African energy ministers are meeting at the Invest in African Energy (IAE) 2025 conference focused on unlocking finance for energy projects across the continent.
EBRD extends $30mn equity bridge loan for Egypt’s first large-scale solar-storage hybrid
The EBRD has granted a $30mn equity bridge loan to Obelisk Solar Power, owned by renewable energy developer Scatec ASA, to support the development of a 1 GWac photovoltaic solar plant with 200 MWh of battery energy storage in Nagaa Hammadi, Egypt.
Invest in African Energy 2025 forum in Paris connects African energy markets with global investors
The Invest in African Energy (IAE) 2025 conference, focused on unlocking finance for energy projects across the continent, is taking place in Paris on May 13-14, 2025.
South Africa’s Eskom provides winter power system outlook, expects to avoid power outages
South Africa’s state-run power utility Eskom has published its Winter Outlook 2025, which confirms that its power system is currently in an improved and more reliable state than in recent years.
Kenya commits $79.54mn to extending electricity access in Mt. Kenya region
Kenya has allocated KES 10.3bn ($79.54mn) to extend electricity access under the Last Mile Connectivity Project in the Mt. Kenya region, with the first connections underway in Thika East.
Former power minister calls for 100,000MW electricity target in Nigeria
Former Minister of Power Professor Barth Nnaji has urged the Nigerian government to increase the country’s installed electricity generation capacity to 100,000 megawatts.
Nigeria launches $500mn SPIN project to upgrade irrigation and hydropower systems
Nigeria has launched the $500mn Sustainable Power and Irrigation for Nigeria (SPIN) project to modernise its irrigation and hydropower infrastructure, aiming to improve food and water security while enhancing climate resilience #bna #nigeria #afrelec
BioLite acquires controlling stake in Baobab+ to expand off-grid solar operations
BioLite has acquired a controlling stake in African solar distributor Baobab+, strengthening its position as a vertically integrated provider of off-grid renewable energy solutions.
Nigeria’s Ministry of Power to partner with atomic energy commission on nuclear power development
Nigeria’s Ministry of Power plans to collaborate with the Nigeria Atomic Energy Commission (NAEC) to expand electricity generation and stabilise national supply through nuclear energy #bna #nigeria #AfrElec
Housing estate in KZN province of South Africa goes fully off-grid
Two South African energy solutions companies, Blockpower and Decentral Energy, have commissioned a fully off-grid facility at the Illovo Country Estate in KwaZulu-Natal (KZN) province of South Africa.
Ghana to build second gas plant to boost regional energy exports
Ghana will construct a second gas-processing plant to strengthen domestic energy supply and boost regional exports, the country’s Minister for Energy and Green Transition, John Abdulai Jinapor, announced.
Egypt and Greece to proceed with €4bn undersea electricity interconnection project
Greece and Egypt said they are committed to implementing the proposed undersea electricity interconnection between the two countries to transmit renewable energy from North Africa to Europe.
Zambia approves construction of 200km power line to Democratic Republic of Congo
Zambia’s Energy Regulatory Board (ZERB) has green-lighted the construction of a $270mn, 200km electricity transmission line to connect the country’s northwestern copper mining region and neighbouring Democratic Republic of Congo (DRC).
South Africa’s energy ministry releases updated electricity wheeling rules
South Africa’s Department of Electricity and Energy (DEE) has released the updated Regulatory Rules on Network Charges for Third-Party Transportation of Energy.
Tinubu approves $122.2bn plan to transform Nigeria’s electricity sector
President Bola Tinubu has announced a $122.2bn investment plan to overhaul Nigeria’s electricity sector under the newly approved National Integrated Electricity Policy (NIEP)
Scatec starts building 1.1GW solar project and battery storage system in Egypt
Norwegian renewable energy company Scatec has started constructing the 1.1 GW Obelisk solar project in Egypt and a 100 MW/200 MWh battery energy storage system. The project will have an estimated cost of $590mn.
Nigeria loses $1.2mn annually due to unreliable electricity, UNDP says
Nigeria’s economy loses NGN2bn ($1.2mn) annually due to unreliable electricity supply, the United Nations Development Programme (UNDP) has said. #bna #nigeria #afrelec
Nigerian president to meet power firms over $2.49bn debt crisis
President Bola Tinubu is scheduled to meet executives of Nigeria’s power-generating companies (Gencos) in an urgent effort to address the NGN4 trillion ($2.49bn) debt threatening the country’s electricity sector.
South Africa’s energy minister says gas-to-power plants should run at higher load factor
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has said that the load factor for proposed gas-to-power plants will be increased from 25% to over 50%.
Egyptian power group Elsewedy Electric acquires 60% stake in Thomassen Service
Egyptian power and energy provider Elsewedy Electric has acquired a 60% stake in Thomassen Service, including its Middle East & Africa operational unit (TSME), filter manufacturing division, and its African subsidiary.
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