AfrElec - Africa Power Monitor

Norwegian financier Norfund invests $7mn in Africa-focussed renewable energy firm Mobile and Power

Norway's government has, through Norfund, invested $6.8mn in Mobile Power Ltd (MOPO), a UK tech firm which offers solar-powered battery rental services in sub-Saharan Africa.

Husk secures $3.2mn local-currency debt to scale Nigeria minigrid pipeline

Husk Power Systems has secured an NGN 5bn ($3.2mn) revolving loan from United Capital Infrastructure Fund (UCIF) to grow its solar minigrid programme in Nigeria.

Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)

President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.

Malawi’s ESCOM launches major projects with aim to boost electricity access to 30% by 2030

ESCOM says the government’s priority is to deliver flagship projects such as the Mozambique–Malawi 400kV Interconnection Project (MOMA) on schedule, to build a reliable and "resilient grid that supports national development".

Mali approves Kodal Minerals’ first lithium export as Bougouni project ramps up

Leo Lithium to return $171mn from sale of 40% stake in Mali’s Goulamina project to China’s Ganfeng

GoviEx, Niger extend arbitration pause on Madaouela uranium project valued at $376mn

Madaouela is among the world’s largest uranium resources, with measured and indicated resources of 100mn pounds of U₃O₈ and a post-tax net present value of $376mn at a uranium price of $80 per pound.

Scatec launches industrial electric vehicle (EV) pilot in South Africa's Northern Cape

Aminex reaches major milestone in Tanzania’s largest onshore gas development - Interview

Aminex has entered the construction phase of the Ntorya Project, Tanzania’s largest onshore gas development, marking a key milestone for the company and the East African country’s energy strategy.

Kenya open to buying power from Ethiopia’s $4bn mega-dam, ready to mediate in Nile row with Egypt

Kenya is open to purchasing electricity generated by Ethiopia’s newly launched Grand Ethiopian Renaissance Dam (GERD) and ready to mediate disputes with downstream Nile Basin countries over water usage.

Japan to extend up to $170mn in financing to Kenya

Kenya intends to channel the funds into strengthening its vehicle assembly and component manufacturing base, while also tackling chronic inefficiencies in the electricity grid.

Kenya, France's AFD agree to cooperate in geothermal segment to boost uptake in East Africa

Kenya and France have signed a cooperation agreement to accelerate geothermal energy development in East Africa, focusing on Kenya, Tanzania, and Uganda, according to the French Development Agency (AFD)

ASX-listed Gladiator Resources in talks to sell Tanzanian uranium assets, eyes US rare-earth projects

ASX-listed Gladiator Resources Ltd (GLA) announced it is in discussions with multiple groups for the purchase of its Tanzanian uranium prospects located within the Mkuju region in the south-west of the country.

Ghana’s power grid seeks 130% tariff hike to sustain operations

Ghana’s state power transmission firm has applied to more than double its tariffs from 2025, warning that current charges are inadequate to maintain the grid and fund investment.

African leaders, lenders at summit in Ethiopia seek to mobilise $100bn climate investment ahead of COP30

African leaders at the Addis Ababa climate summit pledged to mobilise up to $100bn working with banks and development lenders, shifting from aid to investment ahead of COP30, targeting green industry and renewables.

Mozambique's $6bn Mphanda Nkuwa Hydropower Project to advance national development

The $6bn Mphanda Nkuwa Project (Mphanda Nkuwa) will be built across the Zambezi River, which ranks among the continent’s largest water courses.

Congo signs $23bn deal with China’s Wing Wah for integrated onshore oil and gas development

The Republic of the Congo has signed a $23bn hydrocarbon agreement with Chinese oil and gas company Wing Wah, for the integrated development of the onshore Banga Kayo, Holmoni and Cayo permits.

Sonangol targets 100 EV charging stations by 2028 as part of Angola’s energy transition

Angola’s state-owned oil company Sonangol plans to install more than 100 electric vehicle charging points (EVCPs) nationwide by 2028 in a move that underscores its effort to diversify energy sources.

Ethiopia set to inaugurate $4bn mega-dam as Egypt, Sudan renew strong objections

Ethiopia is preparing for a true "watershed moment", with plans to officially inaugurate its $4bn Grand Ethiopian Renaissance Dam (GERD) on September 9, just ahead of the start of the Ethiopian New Year and the end of the rainy season.

Zimbabwe electricity output improves as coal-fired Hwange Power Station surges

Zimbabwe’s power output rose above 1,700MW in early September, driven by stronger generation at hydropower stations as rainfall lifted supply, with new projects expected to add capacity later in 2025.

Restoring performance of Sasol’s Southern Africa value chain remains key priority, says CEO

Global energy and chemicals company Sasol has outlined a sharpened focus on its South African operations as it works to secure feedstock, improve financial resilience and advance its decarbonisation strategy.

South Africa's Industrial Development Corp. to bankroll green hydrogen-linked Prieska Power Project

Nigeria’s BPE to list GenCo, two DisCos on stock market via IPO

Nigeria’s BPE will float one GenCo and two DisCos on the Nigerian Stock Exchange through IPOs, part of wider power sector reforms and privatisation plans.

Lotus Resources reaches milestone with first triuranium octoxide production at Malawi project

Ghana's Bui Power profit drops 20%y/y, but doubles company forecast after cost cuts

Ghana’s Bui Power Authority (BPA) posted a profit of $64.5mn in 2024, almost double its projection, boosted by strict cost management and a weaker local currency.