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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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Namibia state-owned utility firm launches $1.28 billion power station to boost electricity supply

Namibiaโ€™s state-owned utility, NamPower, has completed the 54-megawatt (MW) Anixas II Power Station, set to be inaugurated on February 21 in Walvis Bay to enhance the countryโ€™s electricity supply.

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Uganda to build 9 new mini hydropower plantsย to boost electricity supply

Uganda has initiated the construction of nine mini hydropower plants across seven districts, in a bold move to enhance rural electrification in the Eastern African nation.

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Nigeriaโ€™s newly proposed electricity tariffs; details you may have missed

The Nigerian Federal Government disclosed plans to increase electricity tariffs by 66% in the West African nation to what it described as โ€œcost-reflectiveโ€.

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How Nigerian businesses can adapt to newly proposed electricity tariff hike

The planned increase is expected to impact households and businesses, further straining budgets in an already difficult economic environment.

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Ethiopiaโ€™s state electricity firm reports narrow annual loss amid mounting debt

Ethiopian Electric Power (EEP), the state-owned utility, reported a reduced loss of 10.1 billion birr (approximately $82 million) for the 2024 fiscal year amid a substantial debt portfolio.

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India mining firm,Vedanta, to raise $1 billion to finance Zambian copper mines

Indian mining firm Vedanta Resources is seeking to raise approximately $1 billion in debt financing to support the development of its Konkola Copper Mines (KCM) in Zambia, according to Chris Griffith, head of the companyโ€™s base metals unit.

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Nigerian government spends over N200 billion monthly on electricity subsidies

The Nigerian government allocates over N200 billion each month to subsidize electricity costs, with the aim to provide affordable power to millions of its citizens.ย 

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Nigeria to distribute 7 million prepaid meters in 2025 to end estimated billing

The Nigerian Federal Government has announced the rollout of seven million prepaid meters, starting in 2025, in a significant move to improve transparency and fairness in electricity billing.

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Our goal is to provide electricity to 25 million Nigerians in 3 years – REA

The Managing Director of the Nigerian Rural Electrification Agency (REA), Abba Aliyu, has disclosed an ambitious plan to provide electricity to 25 million Nigerians in a span of three years.

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South African power outage returns after 10 months uninterrupted supply

For the first time in 10 months, South African homes and businesses were hit by scheduled power cuts on Friday due to breakdowns at state power utility Eskom Holdingsโ€™ coal-fired power stations.

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Regulator grants South Africa’s Eskom approval for 12.7% electricity tariff increase

South Africa’s energy regulator on Thursday granted state power utility, Eskom Holdings, an average tariff increase of 12.7% for 2025/2026, a third of what the debt-laden company had requested.

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WAPCo to commence Nigeria to Ghana pipeline maintenance next month

The West African Gas Pipeline Company (WAPCO) is set to begin maintenance on the offshore segment of the pipeline that runs from Nigeria to Aboadze in Ghana, starting on February 5th.

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Mission 300: AfDB seeks local currency financing for African electricity projects

The African Development Bank (AfDB) is working on mechanisms to boost access to local currency financing to support a new initiative aimed at providing electricity to 300 million people in Africa by 2030.

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Ghana to receive $150 million from World Bank to improve energy sector

The World Bank Board of Directors has approved $150 million to Ghana to support the countryโ€™s energy sector to ensure reliable energy supply to households, businesses and industries in the country.ย 

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South Africa’s Eskom survival at risk, says country’s auditor-general

Embattled South African state-owned utility, Eskom, faces renewed scrutiny over its financial viability following a new audit by the auditor-generalโ€™s office.ย 

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AGF to spend $5 billion to accelerate energy access across Africa via Mission 300 initiative

The African Guarantee Fund (AGF) announced the launch of its Mission 300 Local Currency Guarantee Facility to mobilize $5 billion to support energy access projects across Africa.ย 

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Key takeaway from โ€œMission 300โ€ summit where the world gathers to electrify 300 million Africans

The Mission 300 Africa Energy Summit, held on January 27-28, 2025, in Dar es Salaam, Tanzania, concluded with significant pledges and strategic plans aimed at providing electricity access to 300 million Africans by 2030.ย 

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Mission 300: Tinubu seeks $1.3 billion AfDB fund for electricity projects in Nigeria

Nigeria’s President, Bola Tinubu, has requested $1.3 billion in funding from the African Development Bank (AfDB) to support electricity projects across the country.

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World Bank pledges $250 million for ASCENT Malawi project to deliver energy access to 4 million people

The government of Malawi and the World Bank have signed the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) deal, aimed at providing energy access to over 4 million people.ย ย 

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