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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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Nigerian states prepare to sign direct power contracts to unlock 9,000-MW capacity
Nigeria’s 36 states are preparing to sign direct power purchase contracts (PPCs) with generation companies (GenCos) to utilise about 9,000 MW of currently stranded generation capacity and improve electricity supply at the state level.
Sawa Energy secures €2.5mn EU investment to expand solar and battery projects in Uganda
Uganda-based renewables company Sawa Energy has received a €2.5mn ($2.88mn) equity investment from ElectriFI, the EU-funded impact investment facility managed by EDFI Management Company.
Kenya’s KenGen declares record dividend after 54% profit rise
Kenya Electricity Generating Company (KenGen) has declared a final dividend of KES 0.90 ($0.0069) per share, a total payout of KES 5.93bn ($45.79mn), payable on 12 February 2026 to shareholders on the register as of November 27, 2025.
Nigeria’s power generators report $1.5bn in losses from stranded electricity capacity
Nigeria’s power generation companies estimate $1.5bn in stranded electricity capacity since 2013 due to transmission constraints and grid instability, highlighting ongoing structural weaknesses in generation, transmission and distribution.
South Africa’s maxwell+spark raises $15mn Series B to scale industrial logistics electrification
South African-founded maxwell+spark, which develops lithium-ion systems to electrify forklifts and refrigerated transport, raised $15mn in a Series B round led by Klima, Alantra’s energy transition fund.
Genesis Energy and Nigeria’s NNPCL agree deal to channel surplus refinery power to national grid
Genesis Energy has entered a strategic collaboration with the Nigerian National Petroleum Company Limited (NNPCL) to supply surplus electricity from the Port Harcourt Refining Company into Nigeria’s national grid
Nigeria's Heirs Energies' CFO on powering growth via sustainable, indigenous-led development
NewsBase speaks exclusively to Samuel O. Nwanze, Executive Director and Chief Financial Officer of Nigerian indigenous integrated oil and gas company Heirs Energies.
China’s Kaishan to build $800mn geothermal-powered green ammonia plant in Kenya
Chinese engineering firm Kaishan Group Co. Ltd (SZSE: 300257) has signed a steam-supply agreement with Kenya Electricity Generating Company (NSE: KGN) to build a 165 MW geothermal-powered green ammonia plant in the East African country.
South African independent power producer SOLA Group's Springbok project begins commercial operations
The $175mn 195-MW Springbok solar power project in central South Africa, owned by local renewable energy firm SOLA Group, has started commercial operations.
Solar projects dominate new South African energy projects under development, survey reveals
About 220 gigawatts (GW) of renewables capacity is at various stages of development in South Africa, with 72 GW being at an advanced stage, Engineering News reported on October 27.
Moody's sceptical of South African power utility Eskom's fundraising capacity
Moody's has expressed doubt that South Africa's state-owned power utility, Eskom, will succeed in its bid to raise the funding it needs to invest in infrastructure upgrades.
Sun King opens Kenyan solar assembly plant to serve off-grid households, plans Nigerian unit
Off-grid solar company Sun King has opened its first large-scale assembly plant in Nairobi for solar-powered televisions and smartphones using its off-grid systems. It also plans to open a second plant in Nigeria to strengthen its supply chain.
Nigeria seals pact with China's Longi to build up to 1 GW solar panel plant
Nigeria has signed a strategic partnership with Chinese solar manufacturer Longi to establish a domestic solar module factory with a capacity of between 500 MW and 1 GW
Zimbabwean IPP eliminates planned outages in city of 110,000
A Zimbabwean independent power producer (IPP) has helped in almost eliminating outages in a nearby city since it started commercial operations in early November 2024, according to ZBC News.
South Africa announces “ambitious” energy sector transformation policy
South Africa’s Integrated Resource Plan sets out the government’s strategy to reform the energy sector and stimulate development and economic growth.
EU pledges €60mn to Uganda for rural electricity expansion and hydropower upgrades
The European Union has pledged an additional €60mn (about UGX 243bn) to support Uganda’s efforts to extend electricity to rural households
Nigerian billionaire Aliko Dangote set to invest up to $1bn in Zimbabwe
Africa's richest person, Aliko Dangote, plans to visit Zimbabwe for high-level talks that could lead to him investing up to $1bn in the southern African nation.
Nigerian startup Rana Energy raises $3mn pre-seed to scale AI-powered clean energy model
Nigerian startup Rana Energy has raised $3mn in pre-seed funding—combining equity from Techstars and EchoVC Eco with a $2.5mn green-debt facility backed by FSDH Asset Management—to expand its AI-powered “Clean Energy-as-a-Service” model.
Egyptian Elsewedy Electric secures $420.7mn credit facility from Emirates NBD
UAE bank Emirates NBD Group has signed a credit facility agreement worth over EGP 20bn ($420.75mn) with Egyptian power services group Elsewedy Electric to support the company’s expansion plans in Egypt, Saudi Arabia, and the UAE
Kenya leads East African Community in renewable energy generation, regulator EPRA reports
Kenya recorded the highest electricity peak demand in the East African Community (EAC) at 2,316 megawatts (MW) in 2025, up from 2,177 MW in 2024, according to the latest Energy and Petroleum Statistics Report by EPRA
Morocco plans to phase out coal power by 2040, expand renewables
The Moroccan government plans to completely phase out coal-based energy by 2040 as part of its strategy to transition toward cleaner energy sources
Uganda targets $500bn economy through clean energy expansion
Uganda has unveiled plans to become a $500bn economy, positioning clean, affordable and sustainable energy as the foundation of its industrialisation and job-creation strategy.
Prospect Lithium Zimbabwe starts building 70MW solar plant at its Arcadia Mine
Prospect Lithium Zimbabwe (PLZ) is building a 70-megawatt (MW) solar power facility at its Arcadia Mine northeast of the southern African country, according to Chronicle on October 23.
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