AfrElec - Africa Power Monitor

Nigeria power sector debt hits $7.2bn with GenCos paying just 36% on invoices, threatening bond plan

Nigeria’s power sector debt has climbed to $7.2bn after generation companies received barely 36% of invoiced payments in 2025, raising doubts over the effectiveness of the government’s new bond programme aimed at easing liquidity pressures.

India’s IREDA lends $22.5mn for 100MW solar project in Zambia via subsidiary

India’s state-owned renewable energy lender IREDA, through its offshore arm IGGEFIL, has approved a $22.5mn green loan to Swarna Solar to develop a 100MW solar power project in Zambia, marking the group’s first international lending deal.

Nigeria's Geregu Power declares $15.8mn dividend on 2025 results

Geregu Power Plc has declared a cash dividend of NGN9 ($0.0063) per share for the 2025 financial year, amounting to NGN22.5bn ($15.8mn)

Sudan’s Giad Group to launch first EV production in Q1 2026

Sudan backs Trump-led mediation initiative on Nile water dispute

Canadian group ReeXploration secures funding for uranium exploration at Eureka Project in Namibia

Canadian company ReeXploration (TSXV: REE, FSE: K2I0) has announced that its 2026 uranium exploration campaign at its Eureka Project in Namibia is now fully funded.

Africa’s green hydrogen projects stall as offtake gaps persist, warns EIC

Africa’s green hydrogen ambitions are slowing as most projects lack binding offtake agreements and critical infrastructure. The EIC finds only two small plants operating despite $194bn in planned investments.

Tanzania seeks international investment to expand geothermal power sector

Tanzania is intensifying efforts to attract foreign investors to its geothermal energy sector as it advances plans to exploit its vast resources to provide affordable and reliable electricity

Zambian utility Zesco signs 20-year PPA with Canadian firm Stardust for a proposed 30MW solar project

Stardust Solar Energy Inc.has secured a 20-year power purchase agreement (PPA) in Zambia to support a planned 30-MW) solar project, which is set to reach commercial operation later this year.

South Africa leads continent’s renewable energy transition, says Forvis Mazars

South Africa offers major investment opportunities across wind, solar, biofuels and green hydrogen, according to Forvis Mazars, supported by strong policy frameworks, private-sector participation and rising clean-power generation.

Nigerian DisCos lose $31.17mn to inefficiencies in October 2025

Nigeria’s electricity distribution companies lost NGN44.27bn ($31.17mn) in October 2025 due to billing and revenue collection inefficiencies, according to data published by the Nigerian Electricity Regulatory Commission

Angola signs power purchase deal for 150MW solar project with UAE firm Masdar

UAE clean energy group Masdar has signed a power purchase agreement (PPA) for its 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, it announced on January 11.

Data centre boom can position Africa as key player in global digital economy, says AEC

China-backed OrPower 22 to add 35MW geothermal power to Kenya grid in March

China-backed OrPower 22 will start supplying 35MW of geothermal electricity to Kenya Power (NSE:KPLC) from March 2026 after completing its $92mn plant at Olkaria.

Ghana pays $1.47bn to clear energy debt, restore World Bank guarantee under Mahama

Ghana paid $1.47bn in 2025 to stabilise its energy sector, clearing arrears and restoring a $500mn World Bank guarantee that underpinned the Sankofa gas project.

Kenya’s High Court orders NSE-listed KPLC to execute $46.51mn smart meters deal with Chinese firm

Egypt signs $1.8bn renewable energy and battery manufacturing projects

Egypt has signed several agreements and contracts to establish two integrated projects in renewable energy and local manufacturing of its components, with total investments exceeding $1.8bn.

Denmark’s Impact Fund backs Africa GreenCo with $6mn loan for Southern Africa renewables

Nigeria lithium push gathers pace as Chariot explores China-linked offtake and processing

Chariot Resources (ASX:CC9) has signed a non-binding MoU with Chinese lithium trader Fujian Jinjianqiao New Energy Technology to explore offtake, funding support and potential in-country processing for its Nigerian lithium portfolio.

South Africa clocks more than 200 days of constant electricity supply

South Africa experienced 231 consecutive days of uninterrupted electricity supply between May 2025 and January 2, 2026, a welcome respite for an economy that used to experience long periods of outages.

Global coal demand to peak by 2024 as clean energy gains momentum, IEA says

Global coal demand is set to decline after reaching an all-time high in 2023, with a structural shift now underway as clean energy technologies begin to outpace fossil fuel consumption, according to a new report by the IEA.

Egyptian Elsewedy Electric signs $112mn power contracts in Kuwait and Angola

South Africa tweaks anti-trust rules to shield ferrochrome, manganese smelters against high energy costs

South Africa’s government has allowed companies burdened by high energy costs to jointly negotiate electricity procurement, share backup generation and cooperate with suppliers to ensure their collective viability.

International bilateral payments to Nigerian power generators lag in Q3 2025

Nigerian electricity generation companies received $7.12mn and NGN3.19bn ($2.24mn) from bilateral customers in the third quarter of 2025, with international customers remitting less than 40% of the amounts invoiced

Tanzania invests over $112.64mn to boost electricity reliability in Dar es Salaam

The Tanzanian government has invested more than TZS 280bn ($112.64mn) in electricity infrastructure in Dar es Salaam to ensure a reliable supply for homes and industries, Energy Minister Deogratius Ndejembi said during inspections of key substations