AfrElec - Africa Power Monitor

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Power

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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.

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.

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Africa–Venezuela energy cooperation strengthened through high-level AEC visit

25 February 2026

A delegation from the African Energy Chamber (AEC) has visited Venezuela to advance a structured cooperation programme in the hydrocarbon sector and establish technical training partnerships.

Casava and Rivy launch Nigeria’s first green insurance for SME solar investments

25 February 2026

Casava has partnered with clean-tech financier Rivy to introduce Nigeria’s first dedicated green insurance products for small and medium-sized enterprises investing in solar energy

Egypt accelerates upstream, LNG and renewables drive under 2026 energy strategy

24 February 2026

Following recent gas supply shortages, Egypt is accelerating exploration, expanding LNG capacity, upgrading infrastructure and increasing renewable energy to rebuild surplus production and strengthen its role as a regional energy hub.

Nigerian GenCos warn power market near collapse over $4.61bn debt and 7,000MW stranded capacity

24 February 2026

Nigeria’s power generation companies warn the electricity market is on the brink of collapse, citing more than $4.61bn in unpaid invoices and the non-recognition of capacity payments that they say has left 7,000MW of installed capacity stranded.

Burundi expands solar-powered healthcare with UNDP-backed hybrid systems

23 February 2026

Burundi has deployed hybrid solar systems at health facilities under a UNDP programme, aiming to improve energy reliability in hospitals and expand access to uninterrupted healthcare services.

EU commits $32.7mn to overhaul Uganda’s Nalubaale-Kiira hydropower complex

23 February 2026

The European Union has committed €30mn ($32.7mn) to rehabilitate Uganda’s Nalubaale-Kiira hydropower complex, aiming to improve output and system stability at one of the country’s oldest electricity generating facilities

Namibia to present integrated energy strategy at NIEC 2026 in April

20 February 2026

Namibia is gearing up to host its annual Namibia International Energy Conference (NIEC 2026) on April 14 – 16 in Windhoek. The event is being organised in partnership with the Ministry of Industries, Mines and Energy and the African Energy Chamber.

Nairobi-listed KenGen and Kenya Power post strong profits on renewable energy growth

20 February 2026

Kenya Electricity Generating Company (KenGen), the country’s leading electricity producer, reported a 54% increase in profit after tax to KES 10.48bn ($81.15mn) for the year ending June 2025

Mauritius secures $151mn financing for Qair Stor’Sun solar storage project

19 February 2026

Mauritius has secured MUR7bn in financing for Qair’s Stor’Sun solar-plus-storage project, a flagship initiative aimed at boosting renewable capacity, improving grid stability and reducing reliance on imported fuels.

Nigeria and IEA sign pact to cut methane emissions, expand clean cooking access

19 February 2026

Nigeria has signed a Memorandum of Understanding with the International Energy Agency (IEA) to reduce methane emissions, expand gas infrastructure and support clean cooking access for five million households by 2030

South African miner Sibanye-Stillwater secures 401GWh renewable supply in deal with NOA Group

18 February 2026

Sibanye-Stillwater has secured a 401GWh-per-year renewable energy supply agreement with NOA Group, expanding its clean energy portfolio and accelerating a broader shift in South Africa’s mining sector toward private power procurement.

Eni announces significant hydrocarbon discovery offshore Côte d'Ivoire

18 February 2026

Italian integrated energy company Eni on February 16 announced a significant gas and condensate discovery in Côte d'Ivoire.

Eco Wave targets 8.3MW wave energy project at South Africa’s Ngqura port

18 February 2026

Eco Wave Power (NASDAQ:WAVE) has identified potential for an 8.3MW wave energy project at South Africa’s Port of Ngqura, marking a possible entry into the African market as the country seeks to diversify beyond wind and solar.

Sasol-backed 300MW solar and battery project reaches financial close in South Africa

17 February 2026

A 300MW solar and battery project backed by a 25-year private power purchase agreement (PPA) with Sasol Ltd (JSE:SOL) and Air Liquide (EPA:AI) has reached financial close in South Africa, with commercial operations targeted for 2028.

Mauritania to expand power capacity through gas, renewables and grid upgrades

17 February 2026

Mauritania is targeting new thermal, gas-to-power, solar and wind projects to satisfy rising urban power demand.

Anzana to build 50MW hydropower for Canadian miner First Quantum in Zambia

17 February 2026

Anzana Electric Group will develop up to 50MW of hydropower in Zambia to supply First Quantum Minerals, supporting mining operations and strengthening energy security through a ZESCO-backed grid wheeling arrangement.

Scatec-led Lyra Energy advances 255MW solar project in South Africa with PPA deals

17 February 2026

Scate and partners have secured PPAs for a 255MW solar project in South Africa, advancing the Thakadu development towards financial close in 2026 as demand for private renewable power grows.

China’s State Grid secures €50mn EBRD-backed power substation in Egypt

17 February 2026

State Grid Corporation of China has secured a contract to build a new 500-kilovolt electricity transformer substation in Egypt, with investments estimated at €50mn.

South African energy experts discuss NTCSA role in advancing market reform

16 February 2026

South African energy sector leaders have discussed the national electricity reform progress in a two-part Energy Outlook 2026 webinar series hosted by Creamer Media.

Mozambique accelerates preliminary work towards $4.5bn Mphanda Nkuwa Hydropower Project construction

16 February 2026

Mozambique and the African Development Bank (AfDB) are advancing towards securing financing for a $4.5bn hydropower project set to be built on a major river in the southern African nation.

KAHRE plans South African "net-zero corridor" to support green hydrogen production, export

16 February 2026

KAHRE Renewable Energy Group plans a net-zero industrial corridor linking South Africa’s Northern and Western Cape, combining up to 20GW of renewable power with green hydrogen production and export infrastructure.

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