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South Africa’s state-owned power utility, Eskom, has slashed electricity tariffs by 35% for two major ferrochrome producers in a move aimed at preventing operational shutdowns.
The Nigeria government has issued a N501 billion bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), recording 100% subscription.
Nigeria’s national electricity grid has suffered another system collapse for the second time this month, cutting power supply to all 11 electricity distribution companies (DisCos).
In January alone, Nigeria recorded two nationwide grid collapses. Despite billions poured into the power sector over the years, the national grid remains fragile and unreliable. This report examines why that is the case.
Nigeria’s national electricity grid collapsed for the first time in 2026, indicating the country’s first complete power shutdown of the year.
The United Kingdom and the African Development Bank (AfDB) have extended a $1 billion climate-linked debt guarantee to South Africa, securing a $400 million municipal financing deal.
AfDB has approved a $16.5 million loan to support the development of the 35-megawatt OrPower Twenty-Two (OTTL) geothermal power plant in Kenya’s Menengai geothermal field.
South Africa’s Minister of electricity, Kgosientsho Ramokgopa, has revealed that coal remains the largest component of electricity costs in South Africa, accounting for roughly 40% of total generation expenses.
South Africa’s state-owned power utility, Eskom, says it is seeking partners to help reduce electricity costs and support industrial development in Africa’s most industrialised nation.
South Africa isn’t moving away from coal anytime soon. Even after Eskom’s recovery from debt and reduced load-shedding, the government’s focus has shifted to reviving old coal plants. Investors, too, now prioritize coal projects over renewable energy initiatives.
Tunisia has signed a €43 million ($49.9 million) financing and guarantee agreement with EBRD to support the second phase of the ELMED electricity interconnection project linking Tunisia and Italy.
South African power utility Eskom has issued a tender for the construction and operation of a 17-megawatt (MW) solar photovoltaic (PV) plant at Duvha Power Station in Mpumalanga.
Nigeria’s big businesses are abandoning its unreliable national grid, creating a huge revenue gap for the electricity sector. Meanwhile, mid-tier firms and low-income consumers are left to shoulder the rising cost of power.
Continued power supply disruptions have become a key challenge for mining operators across Africa, a report says.
Eskom says it has kept the national grid running without sustained interruptions for 231 consecutive days, signaling a period of improved stability in a power system.
Zambia and Zimbabwe have committed $400 million for the long-delayed Batoka Gorge Hydro Electric Scheme (BGHES), reflecting a push to unlock one of Southern Africa’s largest planned power projects after decades of setbacks.
Zimbabwe had declared plans to invest $450 million to upgrade Hwange Power Station as part of efforts to stabilise electricity supply and reduce prolonged power shortages.
Kenya has signed a $311 million agreement with Africa50 and India’s Power Grid Corporation to construct two high-voltage electricity transmission lines under a public-private partnership.
In most African countries, electricity is still being viewed from a political and moral standpoint, and not an economic one. The business of utility providers are often been muddled with political control.
The African Development Bank (AfDB) has approved a $10 million loan to Hyphen Hydrogen Energy to advance engineering work on Namibia’s planned $10 billion green hydrogen and ammonia project.