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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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Kenya Power reports huge jump in profit amidst ongoing reforms
The EU and Africa: on the road to COP27
The EU failed to achieve a number of concrete climate breakthroughs at the recent EU-AU summit, making it difficult for Europe to deliver on its climate change commitments to Africa by the time of COP27 in Egypt in November.
IEA warns more needs to be done to stem rising methane emissions
Methane emissions, the second-largest source of global warming, rose by nearly 5% in 2021, IEA’s Global Methane Tracker showed.
Wind power could provide 2.2mn jobs in developing world as part of green recovery
Wind power has the potential to unlock largely untapped socioeconomic and environmental opportunities in the developing world over the next four years and could provide up to 2.2mn energy jobs in fast-growing economies.
Amarenco and SolarizEgypt form joint venture to invest in co-developing 300 MW of new solar energy projects
Ugandan ministry seeks scrap metal sales ban, citing rampant electricity infrastructure theft
Tunisia to unveil 3,800-MW solar energy plan to 2030
AfDB approves new program to promote investment in decentralized renewable energy in six African countries
The African Development Bank (AfDB) Group has approved a new program to promote investment in decentralized renewable energy in six countries on the continent.
Rwanda raises lending rate for first time since May 2012
CHEC to act as subcontractor for NLNG’s Train 7 project
China Harbour Engineering Co. (CHEC) is slated to act as a subcontractor for the Train 7 expansion project at the Nigeria LNG (NLNG) plant on Bonny Island.
Nigerian president instructs Senate to fund gasoline subsidy in H2-2022
Nigerian President Muhammadu Buhari has instructed the Senate, the upper chamber of the National Assembly, to allocate NGN2.557 trillion ($6.15bn) in funding for the gasoline subsidy in the second half of 2022.
20% of Egypt’s power now generated from renewables
Renewable energy has broken through the 20% threshold in Egypt, as the country’s Finance Minister Mohamed Maait said this week that green generating capacity now stood at 6,128MW.
Flanders to provide €2.4mn to support climate adaptation in SA
The Flemish Government has agreed to provide €2.4mn to fund the development of new climate adaptation technologies in South Africa in a bid to build a green and resilience economy in the country.
Leading banks continue fossil fuel investment despite green rhetoric
Leading global banks have continued to offer $33bn of financing to expand existing fossil fuel projects over the past year, despite their commitments to promoting green energy projects.
Kibo Energy signs PPA for 2.7MW plastic-to-syngas power plant
Kibo Energy has signed a 10-year conditional Power Purchase Agreement (PPA) to generate baseload electricity from a 2.7-MW plastic-to-syngas power plant in Gauteng province.
Pouyanné says Mozambique LNG restart may take more than a year
Patrick Pouyanné, the CEO of TotalEnergies (France), has qualified his recent statements about the possibility that work on the Mozambique LNG project may resume before the end of this year.
AfrElec: NORAD commits $56mn grant to African Trade Insurance Agency
The Norwegian Agency for Development Cooperation (NORAD) has committed a $56mn grant to the Nairobi-based African Trade Insurance Agency (ATI) for a period of five years
SA’s Mantashe defends coal’s role in power generation
The South African government has defended the use of coal in power generation and it plans to develop the country’s coal mines
Egypt issues new call for GERD talks in February
Egypt has issued renewed calls for Ethiopia, Sudan and Egypt to reach a legally binding agreement on the filling and operations of the 6,500-MW Grand Ethiopian Renaissance Dam (GERD) after a year of deadlock.
Richards Bay coal exports fall in 2021
South Africa’s Richards Bay Coal Terminal (RBCT) exported 58.72mn tonnes of coal in 2021, the lowest total since 1996 and 11mn tonnes less than in 2020.
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