Power





















African Development Bank signs $1.5 million deal with Congo to improve electricity access

The African Development Bank (AfDB) and the Democratic Republic of the Congo have signed two grant agreements totalling $1.5 million to strengthen energy sector, improve peopleโ€™s access to electricity and reduce the countryโ€™s energy deficit.

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Dubai- based firm breaks ground with 50MW solar PV project in Ivory Coast

Dubai-based AMEA Power has officially broken ground on a 50-megawatt (MW) solar photovoltaic (PV) project in Ivory Coast.ย 

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Nigeriaโ€™s power sector achieves 5.7 MW electricity generation peak

The Transmission Company of Nigeria (TCN) has announced a groundbreaking achievement in the nationโ€™s power sector, marking a new peak in electricity generation and the highest daily energy supply ever recorded.

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South Africaโ€™s power plant goes off as nation’s electricity struggle continues

A unit at Koeberg Nuclear Power Station, South Africaโ€™s sole nuclear power facility, unexpectedly tripped, taking the whole facility offline and further stretching supply to the nationโ€™s already-constrained grid.

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Energy Fund in Nigeria eyes $500 million financing for renewable projects

Nigeria and a United Nations agency have set a $500 million target for a fund to finance the roll out of so-called distributed renewable energy, such as solar home systems and mini-grids.

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Electricity: What’s at stake for Nigeria as Trump ends Power Africa initiativeย 

The five-year American presidential initiative aimed to support economic growth and development by expanding access to reliable, affordable, and sustainable power across the continent.

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Nigeria govt plans electricity tariff review for Bands B and C customers

The Federal Government of Nigeria has announced plans to reform electricity tariffs in an effort to address inconsistencies in the current billing system and stimulate much-needed investment in the power sector.ย 

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South Africa secures $157 million loan from Germany to develop green energy in Cape Town

Cape Town, South Africaโ€™s second-largest city, has secured a $157 million loan from Germanyโ€™s KFW Development Bank to accelerate its transition to green energy programs and enhance energy security.ย 

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Donald Trump halts initiative providing electricity access to Africans

A United States initiative to increase electricity supply in Africa has been halted by the Donald Trump- led administration after more than a decade of work.ย 

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Angola eyes $2.1 billion in diamond export revenue by 2025

Angola plans to increase its diamond revenue from $1.4 billion in 2024 to $2.1 billion in 2025, driven by expanding production and investment in the mining sector.

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Top electricity companies in Africaโ€™s biggest economies

Africaโ€™s biggest economies are not only driving the continentโ€™s growth but are also home to some of its most influential electricity companies.ย 

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South Africa’s Eskom reduces power outage after worst blackout in a year

South African power utility, Eskom, has scaled down electricity outages following the recovery of multiple generation units that failed over the weekend, triggering the countryโ€™s worst power cuts in 12 months.

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Nigeria’s electricity output hits record high peak with 5.5 MW generationย ย 

Nigeriaโ€™s power sector set a new record on February 14, 2025, reaching a peak generation of 5.5 megawatts (MW), a milestone in the countryโ€™s ongoing efforts to enhance electricity supply. This achievement surpasses the previous record of 5,478.73MW set just a day earlier on Thursday, February 13, 2025.ย  The Transmission Company of Nigeria (TCN), announcing…

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Germany, EU partner Nigeria to roll out 11 mini-grid to boost rural electricityย 

Germany and the European Union (EU), in collaboration with Nigeriaโ€™s Rural Electrification Agency (REA), have partnered to deploy 11 mini-grids aimed at expanding electricity access in rural communities across the country.

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Uganda moves to settle $190 million debt owned to country’s largest utility firm

East African country, Uganda is planning to borrow $190 million from Stanbic Bank to compensate country’s largest utility power compnay, Umeme Limited, for its investments in the national grid after the companyโ€™s concession expires next month.

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Nigeria electricity regulator, NERC, to impose new fines on meter by-passers

The Nigerian Electricity Regulatory Commission (NERC) has warned electricity consumers and businesses found guilty of bypassing electricity meters, of a new fine order while reinforcing its stance against electricity theft.

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Five key details in new IEA report for 2025 on Nigeria’s electricity sector

Nigeriaโ€™s electricity sector is undergoing significant shifts, with demand declining by about 6% in 2024, according to the latest International Energy Agencyโ€™s (IEA) Electricity 2025 report.

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South Africa to seek investment for its nuclear energy project from Russia or Iran, says minister

South Africaโ€™s Minister of Mineral and Petroleum Resources, Gwede Mantashe, has said the country is gravitating towards Russia or Iran for investments to expand its civilian nuclear power capacity.ย 

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Glencore turns down bid for DRC mines, says no sale process underway

Switzerland mining firm, Glencore Plc, has disclosed its rejection of an unsolicited offer for its mining operations in the Democratic Republic of Congo (DRC) late last year.

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Nigeria to set up security outfit to oversee electricity infrastructure, curb vandalismย 

The Federal government of Nigeria has disclosed plans to set up a security force “czars” to be known as โ€˜Power Rangersโ€™ with the aim of stopping electricity vandalism in the country as well as protect critical electricity infrastructure.

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