AfrElec - Africa Power Monitor

Zimbabwe negotiating $310mn loan facility with India toward repairing power stations

COP26 sectoral initiatives could close 2030 emissions gap by 9%

An initial assessment by Climate Action Tracker of the impact of the Glasgow sectoral announcements for methane, coal, forests and transport show they would reduce the 2030 emissions gap between current government action and a 1.5C pathway by 9%.

AFrElec: UK funding to support developing cities and regions transition to net zero by 2050

The UK government has announced GBP27.5mn ($37.1mn) of seed funding to support the UK Urban Climate Action Programme in a bid to tackle climate change and reduce emissions in cities in Africa, Asia and Latin America.

Guterres stresses emissions, finance gaps still major barriers to 1.5C

UN Secretary-General António Guterres told the COP26 summit that much work remains to be done to fill the emissions gap and the finance and adaptation gap, despite welcoming the agreements on forests, methane and coal made so far.

23 countries make zero-emissions vehicle pledge

November 10 was Transport Day at COP26 in Scotland, and parts of the automotive industry had pledged to end the sale of petrol and diesel cars and vans by 2035 in leading markets and by 2040 across the globe.

First COP26 agreement lacks targets and detail

COP26 has come up with a first draft agreement that calls on governments to improve substantially by the end of 2022 their emissions reduction targets and long-term strategies for reaching net zero.

COP26 still far from comprehensive agreement

The first week of COP26 was dominated by grand statements by governments, and a number of sector-specific targets covering methane, coal and deforestation.

Development banks ADB, EBRD, EDB showcase climate-friendly capital at COP26

The UN’s COP26 climate conference in Glasgow has seen development banks from around the world come together to outline their contributions to a low-carbon future. Robust financial infrastructure is key to a just and efficient transition.

SA’s beleaguered Eskom insists stability is crucial, as power outages continue to dog the country

Savannah Energy makes first gas deliveries to FIPL Afam in Nigeria

Savannah Energy, a UK-based independent active in Nigeria and Niger, says its Accugas subsidiary has started selling natural gas to FIPL Afam, a thermal power plant (TPP) owned by First Independent Power Ltd (FIPL) of Nigeria.

Offshore global wind spending to exceed oil and gas capex in key markets by 2030

Offshore wind is closing the gap on oil and gas investments and is forecast to surpass them in “several key markets” by 2030, according to a new Rystad Energy analysis.

Zimbabwe’s $1.5bn Hwange Power Station expansion to add 600MW to power grid by September 2022

Eskom ups its scheduled power cuts, as South Africa heads into the weekend

Husk Power Systems launches solar hybrid minigrids in Nigeria, targets over 500 by 2026

GL Africa Energy to build 250MW power plant in Mozambique fuelled by LNG

BasiGo starts selling electric buses in Kenya after pre-seed funding

South Africa, India, Indonesia and the Philippines to receive $2.5bn to phase out coal

South Africa, India, Indonesia and the Philippines are to receive up to $2.5bn of climate financing from the World Bank’s Climate Investment Funds (CIF) in a bid to advance a just transition from coal power to clean energy in emerging economies.

Starsight becomes first Nigerian renewable energy provider to be carbon credit certified

UK to support climate adaption across Africa with $195mn commitment

The UK announced at COP26 GBP143.5mn ($195mn) of new and existing funding to support African governments to roll out critical adaptation projects so at-risk communities can adapt to the impact of extreme weather and changing climates.

Morocco and Egypt lead African countries commit to end coal

A swathe of African countries signed up to Global Coal to Clean Power Transition Statement at COP26 on November 4, with Morocco and Egypt both making substantial commitment.

South Africa becomes poster boy for just transition in developing world

South Africa is to benefit from ZAR131bn ($8.5bn) of climate finance from the world’s richest countries in a bid to meet the targets of the Paris Agreement and to reduce significantly the country’s reliance on coal power.

Coal dominates at COP26 as more countries join the clean transition

Poland, Ukraine, Vietnam and a host of other major coal-burning countries made clear commitments to phase out coal power in the coming years, as the UK presidency of COP26 claimed that “the end of coal is in sight”.

IEA aims to forge stronger global regulation of energy transition

The International Energy Agency launched at COP26 a new Regulatory Energy Transition Accelerator, which aims to improve the regulatory capacity needed to decarbonise energy systems and meet the 1.5°C targets.

Climate Investment Funds issues new generation of green bonds worth $500mn

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

World finally commits to $100bn of climate finance for global south

UK Chancellor Rishi Sunak said at COP26 that the world’s rich nations would make good on their promise of $100bn per year of climate financing for poor countries by 2023.