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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 completes 100-MW Kipeto wind farm
Construction of Kenya’s 100-MW Kipeto wind farm has been completed, with all 60 turbines at the new site sending power to the national grid, developers BTE Renewables and Kenyan-owned Craftskills said.
Green hydrogen needs supportive energy policies and lower costs
Green hydrogen is currently five times more expensive than grey hydrogen, meaning that the renewable fuel is unlikely to affect the credit profiles of EMEA integrated utilities in the next few years, Fitch Rating said in a recent report.
UN’s Green Climate Fund provides $501.1mn for four new climate projects
The UN’s Green Climate Fund (GCF) has allocated $501.1mn for four new climate projects around the world.
Botswana issues first large-scale solar licence
The Botswana energy regulator has granted a generation licence for a 100-MW solar project to local firm Shumba Energy, Reuters reported, making it the first independent power producer to set up a large-scale solar plant in the country.
AFRELEC: Statkraft provides $2.7bn to curb energy poverty in Africa
Norway’s Statkraft is to donate $2.7mn in cash and equipment to international development charity SolarAid over the next three years in a bid to tackle energy poverty in sub-Saharan Africa.
OneWatt Solar raises $24mn green bond in Nigeria
Nigeria’s OneWatt Solar (OWS) has successfully raised NGN3bn ($7mn) under its NGN10bn ($24mn) Green Bond Issuance Programme.
13,000 shovel-ready green projects could kick-start post-COVID recovery
13,000 shovel-ready renewable energy projects have the potential to provide 22% of the emission reductions needed to meet the UN’s Paris goals and 10mn potential new jobs, research from EY and the European Climate Foundation (ECF) has found.
Sasol, IDC team up to develop South Africa’s green hydrogen potential
Sasol is teaming up with Industrial Development Corp. of South Africa, a government-run development finance agency, to encourage investment in green hydrogen production capacity.
Deputy minister confirms 2023 start date for Tanzania LNG project
Tanzania’s Deputy Energy Minister Stephen Byabato has confirmed that work on the Tanzania LNG project is still slated to begin in 2023.
Tunisia, Norway make offer to break GERD deadlock
Tunisia and Norway have offered to consider taking the Grand Ethiopian Renaissance Dam (GERD) dispute to the July session of the United Nations Security Council (UNSC).
South Korea to provide $600mn of energy finance to Africa with AfDB
South Korea is to provide $600mn in co-financing for energy projects across Africa, with a particular focus on renewables and regulatory reform.
El Dabaa construction licence application submitted
The operator of Egypt’s future El Dabaa nuclear power plant (NPP), the Nuclear Power Plants Authority (NPPA), has applied to safety regulators for a construction licence for the first two Russian-designed reactors at the site.
AFRELEC: Chinese withdraw from ambitious Zimbabwe coal power plans
The Industrial and Commercial Bank of China (ICBC) has abandoned plans to finance the $3bn, 2,800-MW Sengwa coal power project in northern Zimbabwe.
ASIAELEC: Asia’s coal proposals could threaten Paris goals
Coal is set to be more expensive than renewables, making green energy a better bet financially and environmentally.
MDB climate finance reaches $66bn in 2020
Multilateral development banks (MDBs) provided $66bn of climate finance in 2020, up from $61.6bn in 2019.
Hydro’s elderly turbines need fresh investment to contribute to net zero
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says
Nigeria’s gas plans
Nigeria's government has proclaimed a “Decade of Gas” but may have difficulty realising its ambitions.
DFFE rejects Karpowership’s applications for LNG-to-power projects
South Africa’s Department of Forestry, Fisheries and the Environment (DFFE) has decided against giving Karpowership (Turkey) permission to go ahead with three LNG-to-power projects.
Regional talks expected to expand collaboration
KenGen makes hydro plans more climate resilient
Kenya’s KenGen is set to modify its hydropower projects in a bid to make them resilient to climate change.
Adenia acquires South African solar distributor Herholdt’s
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a leading distributor of solar systems and low-voltage electrical products in South Africa, its first acquisition in the country.
EU carbon tax could hit South Africa
South Africa’s exports to Europe could be negatively affected when the European Union imposes carbon taxes on imports, as the country is heavily reliant on coal-fired electricity.
AfDB lends €83mn to Egypt to spur post-COVID-19 recovery
The African Development Bank (AfDB) has approved an €83mn loan to finance the second phase of Egypt’s Electricity and Green Growth Support Programme.
AFRELEC: Africa Renewable Energy Fund II raises €130mn
The Africa Renewable Energy Fund II has achieved its first close at €130mn, following a joint investment of €17.5mn from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank.

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