AfrElec - Africa Power Monitor

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Power

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Overview

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.

Timely, accurate, on-the-ground news and analysis is vital to investors, developers, engineers and businesses, both regionally and internationally.

AfrElec will analyse key project, policy and investment issues and offers insight into what will come next in the power sector. It offers the latest commentary on the geopolitical framework, energy policy, tendering and investment – and assesses the risks inherent in working in the African business environment.

AfrElec is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Africa accounts for just 6% of global energy demand

18 February 2021

Africa accounts for only 6% of global energy demand and a little more than 3% of electricity demand.

Japan to provide $240mn to boost Egypt’s green reputation

18 February 2021

Japan is to provide $240mn of development finance to Egypt in a bid to boost green growth and sustainable development while also combating climate change and helping fund the post-COVID-19 recovery.

US, Shell to provide $145mn to support Africa’s private power sector

18 February 2021

The US Development Finance Corporation (DFC) and the Shell Foundation have signed a partnership to strengthen their investments in renewable energy in Africa and Asia.

Mozambique LNG project may be back on track soon

17 February 2021

Total’s CEO says work may resume on the Mozambique LNG project by the end of March, pointing to his company’s security agreement with the Mozambican government and insisting production will begin in 2024.

AfDB to support West Africa to meet Paris commitments

11 February 2021

The African Development Bank has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the Paris climate accord.

South Africa’s DBSA launches green bond

11 February 2021

The Development Bank of South Africa (DBSA) has announced the launch of its first green bond, a €200mn offering issued through a private placement with the French development finance institution, the Agence Française de Développement (AFD).

Kenya to invest $34mn in combating climate change

11 February 2021

Kenya has launched a $34mn project aimed at cushioning the effects of drought caused by climate change, targeting communities living in arid regions of the country.

Ethiopian fuel distributors urge government to reconsider cash-based payment system

9 February 2021

The Ethiopian Petroleum Dealers Association (EPDA), an industry association representing local fuel distributors, has once again asked Addis Ababa to reconsider its plan to switch to a cash-based payment system.

IRENA seals new energy transformation agreement for Southern Africa

5 February 2021

The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s Centre for Renewable Energy and Energy Efficiency (SACREEE) are to work together to boost renewable energy, especially decentralised technology.

Exxaro to stop investing in new coal production

5 February 2021

South Africa’s Exxaro Resources is to stop investing in new thermal coal assets, although it will continue to produce and supply coal for domestic and international customers, chief executive Mxolisi Mgojo said.

The future for CSP

4 February 2021

Rapidly falling costs for CSP with storage mean the technology is becoming a more attractive option for green baseload power

TNOG wants to bring OML 17 output back up to 100,000 bpd

3 February 2021

TNOG Oil & Gas, a company established by Heirs Holdings Ltd and Transnational Corp. of Nigeria Plc (Transcorp), is looking to raise output more than three-fold at OML 17, a Nigerian licence area in which it recently acquired a 45% stake.

South African coal exports dip 2.8% in 2020

29 January 2021

Exports from South Africa’s Richard’s Bay Coal Terminal (RBCT) dipped 2.8% in 2020 to 70.2mn tonnes from 72.2mn tonnes in 2019, as COVID-19 disruptions began to bite.

South Africa set for new capacity and tariff reforms

29 January 2021

South Africa plans to procure 6,800 MW of renewable capacity over the next year through a total of three procurement rounds, in addition to 5,000 MW of new coal, gas and storage capacity.

Vale buys Mitsui’s Mozambique coal interests for $2 ahead of divestment

28 January 2021

Brazil’s Vale is to buy Mitsui & Co.’s 15% stake in Mozambique’s Moatize coal mine and its 50% interest in the Nacala Logistics Corridor (NLC) for $1 each.

TPDC to build five CNG filling stations in Dar es Salaam

26 January 2021

Tanzania Petroleum Development Corp. (TPDC) has announced plans to build five new CNG filling stations in Dar es Salaam before the end of the current fiscal year.

Total CEO, Mozambican president discuss security for LNG project

26 January 2021

Filipe Nyusi, the president of Mozambique, met with Patrick Pouyanné, the chairman and CEO of France’s Total last week to discuss security conditions in the northern Cabo Delgado province.

BW Energy increases stake In Kudu gas field

25 January 2021

BW Energy (Norway) has concluded a farm-in and carry agreement for Kudu, an offshore natural gas field, with the National Petroleum Corporation of Namibia (NAMCOR).

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