AfrElec - Africa Power Monitor

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Power

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Overview

AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.

Timely, accurate, on-the-ground news and analysis is vital to investors, developers, engineers and businesses, both regionally and internationally.

AfrElec will analyse key project, policy and investment issues and offers insight into what will come next in the power sector. It offers the latest commentary on the geopolitical framework, energy policy, tendering and investment – and assesses the risks inherent in working in the African business environment.

AfrElec is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Morocco to invest $7bn in energy projects over coming three years

16 May 2024

Moroccan Energy Minister Leila Benali has said the government plans to invest $7bn in the country’s energy network to add 9 GW to its installed capacity by 2027 to reach a total of 20 GW.

Nigerian Senate approves taking $500mn loan to improve electric metering

16 May 2024

The Nigerian Senate has given the green light to President Bola Tinubu’s request for a $500mn loan, aimed at bolstering the country’s electricity sector.

Uganda in talks with China’s Sinohydro to supply power to South Sudan

16 May 2024

Uganda is in talks with Chinese firm Sinohydro Corporation Limited for the development of a $180mn power transmission line to allow Kampala to export electricity to South Sudan.

Kinetiko Energy produces electricity from its South Africa onshore gas field

15 May 2024

ASX-listed company Kinetiko Energy (Kinetiko) has made history by becoming the first to generate electricity from locally-produced, onshore gas in South Africa.

US development finance institution DFC commits $412mn to build Sierra Leone power station

14 May 2024

The US funding package includes a $292mn loan for an 83MW gas-fueled power station in Freetown and $120mn in political risk insurance to attract private investment.

Renewables surpass 30% of global electricity supply

14 May 2024

Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.

Corbetti Geothermal begins exploratory drilling in Ethiopia following PPA extension

9 May 2024

Corbetti Geothermal PLC (CGPLC) has announced the commencement of an exploratory drilling programme for its geothermal project in Ethiopia, following the extension of its Power Purchase Agreement (PPA) with state-owned utility EEP.

Paris-based Voltalia secures contract for 130MW solar plant in Tunisia

9 May 2024

Voltalia has secured a contract to build a 130MW photovoltaic near the Gafsa and to operate it jointly with state power utility STEG for 30 years.

Egypt tenders for 8.2 MW solar plant project in Siwa Oasis

9 May 2024

Egyptian Electricity Holding Company (EEHC) has launched a tender for the design, building and operation of a 8.2MW solar plant and 2 MW/4MWh battery energy storage system (BESS) with a May 31 deadline for submissions.

Namibia receives $139mn World Bank loan to boost power transmission infrastructure

8 May 2024

The World Bank has extended a $139mn loan to Namibia to help the southwest African nation improve its electricity transmission network.

Turkey's YEO to launch solar-plus-storage project in Zambia in partnership with GEI Power

8 May 2024

Zambian sustainable energy company GEI Power is partnering with Turkey’s YEO to develop a 60 MW solar plant with a 20 MWh battery energy storage system (BESS) in the Choma district of the African country.

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