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Nigeria government has reduced electricity sector debt claims from 4.7 trillion ($3.43 million) to N3.3 trillion ($2.41 million) following a verification exercise, as part of efforts to address issues in the country’s power market.
Nigeria’s electricity output has rebounded to 4,300MW, marking a recovery after weeks of prolonged outages that strained power supply across the country.
Eskom and Coega Development Corporation have signed a Memorandum of Understanding (MoU) to coordinate South Africa’s Nuclear New Build Programme (NNBP), covering infrastructure development
The deal between Exxaro Resources and Eskom marks a significant step toward stabilising South Africa’s power grid. With the contract set to run for 17 years, here are some key facts about the agreement.
The government of Mauritius has announced plans to add 405 megawatts (MW) of new electricity generation capacity to the national grid over the next three years, as part of efforts to address supply constraints.
President Bola Tinubu has approved a ₦3.3 trillion ($2.38 billion) payment plan to settle legacy debts in Nigeria’s power sector, as part of efforts to stabilise electricity supply.
For a nation of 200 million people, Nigeria produces a meagre electricity of 4,000 MW from its ever-failing grid. Mini-grid offers a real alternative to this lingered electricity crisis.
Exxaro Resources has signed a new 17-year agreement, running from 2026 to 2043, to supply coal from the Matla Power Station to Eskom, South Africa’s key electricity producer.
West African nation, Ghana, has declared a slash in electricity and water tariffs, aiming to ease pressure on households and support businesses facing rising living and operating costs.
Kenya has signed a Memorandum of Understanding (MOU) with the United States on strategic civil nuclear cooperation, representing a step toward the development of a planned 2,000-megawatt (MW) nuclear power plant
The President of Angola, João Lourenço, has approved a total budget of $334 million to strengthen electricity transmission in southern region.
Nearly three years after Nigeria passed its sweeping electricity reform law, the sector shows little improvement, with the country facing one of its most severe power crises in decades.
South Africa’s power utility, Eskom, has tabled a revised wage offer of 6.5% for workers as negotiations with labour unions enter a fourth round, with no agreement reached.
Nigeria’s power generation companies are shutting down operations as a N6.8 trillion ($5 billion) debt owed to the sector continues to mount, worsening payment shortfalls.
Nigeria is setting up a new firm, GAMCO, to manage its transmission lines. But rather than solving existing problems, the move may add an unnecessary and complicated layer to the power sector.
South Africa’s electricity regulator has approved higher tariff increases for the next two financial years after correcting a R54.7 billion ($3.35 billion) calculation error in the pricing framework used for Eskom.
Nigeria has directed owners of privately operated transmission substations to register and obtain regulatory permits, insisting that all such facilities connected to Nigeria’s national grid.
The Rockefeller Foundation has committed an additional $10 million to support efforts aimed at expanding electricity access across Africa, as part of a broader initiative seeking to connect 300 million people to power by 2030.
The Nigerian government has constituted a committee to oversee the incorporation of a new government-owned company designed to manage critical grid infrastructure and recover stranded electricity across the nation’s power system.
Nigeria’s national grid continues to suffer frequent breakdowns. The centrally managed system is under pressure, and some experts believe privatisation could help improve efficiency and stability.
