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Open access energy regimes are evolving to deliver reliable and affordable electricity in Africa. Traditional, vertically integrated utilities are giving way to more open, competitive markets, driven by an urgent need to improve efficiency and attract private investment in a tough economic environment. For independent power producers (IPPs), an open market means access to multiple…
Namibia’s government has introduced an electricity subsidy worth N$140 million ($7.9 million) to increase national electricity access from 60% to at least 70% by 2030. This forms part of the government’s goal of connecting more than 200,000 households to the grid by 2030. Speaking at the signing of a new round of Service Level Agreements…
The state-owned utility company of Kenya, Kenya Power, has reportedly released the sum of $1.1 billion to Kenya Electricity Generating Company PLC (KenGen) and Independent Power Producers (IPPs) in the 2023/24 financial year. This was contained in a statement by the Energy Cabinet Secretary, Opiyo Wandayi, during a Senate Energy Committee session on Sunday. The…
South Africa has secured a new $2.2 billion commitment from World Bank–linked funds to fast-track the phase-out of coal—marking the second major energy transition support package the country has received this month. The funding package includes contributions from the Climate Investment Funds’ (CIF) Accelerating Coal Transition initiative, which, along with additional support from multilateral lenders,…
The African Development Bank (AfDB) has approved €19.6 million in financing to support the Cabeólica Phase II Expansion Project in Cabo Verde. The project advances Cabo Verde’s goal of generating 50% of its electricity from renewables by 2030 as well as its Nationally Determined Contribution under the Paris Agreement. The project is the West African…
Kenya’s Ministry of Energy and Petroleum, led by Cabinet Secretary James Opiyo Wandayi, announced on June 15, 2025, plans to construct the nation’s first nuclear power plant in Siaya County, near Lake Victoria. The Nuclear Power and Energy Agency (NuPEA) aims to develop a 1,000-megawatt (MW) facility, with construction scheduled to commence in 2027 and…
In Egypt’s Western Desert, 1,650 megawatts (MW) of photovoltaic panels span the horizon at the Benban Solar Park, a symbol of Africa’s renewable energy potential and the country’s clean‑energy ambitions. Completed in late 2019 at an estimated cost of $4 billion, this flagship project placed Egypt firmly on the global map as it sought to transform its…
Namibia is set to break ground on the construction of the 100 megawatt (MW) Sores-Gaib Power Station. The project, led by the state power utility NamPower, will be the largest solar photovoltaic (PV) power station in the country and is a vital step in the country’s efforts to reduce dependence on imported electricity and expand…
The Nairobi stock exchange (NSE) has resumed trading of Umeme Limited’s stocks following the company’s publication of its 2024 fiscal year financial results. The NSE decision mirrors that of the Uganda Securities Exchange (USE) which suspended trading of the company’s stocks on 31st March, 2025. blication of its 2024 fiscal year financial results. The NSE…
It has become a recurring scene across South Africa’s urban centres and townships: the lights flicker once or twice and then go out altogether. For more than 15 years, since the first wave of load shedding in 2007, rolling blackouts have become woven into daily life. The National Development Plan 2030 describes them as a…
A consortium of Toubro and GE Vernova-Larsen in France will build an advanced National System Control Center (NSCC) for Kenya Electricity Transmission Company (KETRACO) to monitor and manage Kenya’s national electricity grid. In a statement by GE Vernova, the work will include constructing a Main Control Centre building in Embakasi, Nairobi and will feature equipped…
The World Bank has approved a $1.5 billion Development Policy Loan (DPL) to support South Africa’s infrastructure, targeting energy and freight transport sectors. This funding supports three priority areas outlined by the South African government, including improving energy security by attracting new investments for energy transmission, energy access, and municipal energy distribution projects, according to…
Turkish power firm operating in Sierra Leone, Karpowership, has served notice to cut power supply to the country’s capital city, Freetown, over a $100 million unpaid debt. In a statement issued by the Sierra Leonean Ministry of Energy, the country confirmed that Karpowership served them a notice on May 28, 2025, that they would disconnect…
In a move towards liberalizing its electricity market, Egypt has approved its first-ever private-to-private (P2P) electricity contracts, greenlighting four renewable energy projects with a combined capacity of 400 mega watts (MW). These initiatives not only represent a pivotal shift in how energy is produced and sold in the country but also mark a significant milestone…
The H2 Backbone hydrogen project, which forms part of the larger SoutH2 Corridor linking North Africa to Europe, has been awarded a €24 million (~$27.4 million) grant from the European Climate, Environment and Infrastructure Executive Agency (CINEA). The funding, part of the Connecting Europe Facility for Energy initiative, will support engineering and environmental studies to…
South Africa’s Eskom has burned through R3.76 billion ($212 million) on diesel for its gas turbines since April, averaging $4.1 million daily, despite promises to reduce reliance amid winter and ongoing power cuts in Johannesburg.
Électricité de France (EDF) actively seeks to develop a significant nuclear power plant in Ghana, aligning with the country’s goal to operationalize its first nuclear facility by the early 2030s. Robert Sogbadji, Deputy Director of Nuclear and Alternative Energy at Ghana’s Ministry of Energy, confirmed that preparatory work for the first nuclear power plant is…
Zimbabwe is seeking a total of $9 billion in private capital with new energy policy to help double its current power generation to meet rising electricity demand.
The World Bank has said it is committing $1 billion to fund the development of the Grand Inga Hydropower Project in the Democratic Republic of the Congo.
Mauritania’s state power utility company, Société Mauritanienne de l’Électricité (SOMELEC) and its national mining company, Société Nationale Industrielle et Minière (SNIM) have signed Heads of Terms for two Power Purchase Agreements (PPAs) with Saudi Arabia’s TAQA and Egypt’s GoGas Holding.