AfrElec - Africa Power Monitor

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Power

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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.

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AEC and S&P Global Energy extend African Energy Week partnership through 2031

15 October 2026

The African Energy Chamber and S&P Global Energy have renewed their partnership for African Energy Week for five years, extending the agreement through the 2031 conference.

Solarise Africa secures $1.12mn grant for Uganda and Zambia expansion

15 October 2026

Solarise Africa has secured a €1mn ($1.12mn) grant from the Energy and Environment Partnership Trust Fund (EEP Africa) to expand its renewable energy financing business into Uganda and Zambia.

Paladin Energy reports 19% quarterly production drop at Namibia uranium mine

15 October 2026

Uranium producer Paladin Energy (ASX: PDN, TSX: PDN, NSX: PDN) reported a 19% decline in quarterly production at its Langer Heinrich mine in Namibia, as scheduled maintenance and lower processing recoveries pushed operating costs higher.

Egypt cuts daily gas grid supplies by 400mn cubic feet as electricity demand eases

15 October 2026

Egypt has reduced natural gas supplies to its national transmission network to approximately 7bn cubic feet per day since early October

Lohum plans Zimbabwe lithium sulphate plant to feed Indian battery supply chain

15 October 2026

Indian critical minerals company Lohum plans to build a lithium sulphate plant in Zimbabwe within 12 to 18 months, processing locally mined ore before shipping the material to India for further refining and battery production.

Tanzania says six carbon projects reach credit-generation stage

15 October 2026

Six Tanzanian carbon projects now generate credits, a minister said in Kigali, as Tanzania courts investment to narrow a $12bn climate-finance gap.

Ghana aims to replace liquid fuel for power generation with gas in 2027

15 October 2026

Ghana is planning to stop buying liquid fuels for electricity generation next year as domestic gas and imports from Nigeria replace diesel and heavy fuel oil in thermal power generation plants.

Namibia appoints nuclear commissioner to advance atomic energy programme

15 October 2026

Namibia has appointed a Nuclear Commissioner and established a high-level management committee to coordinate preparations for nuclear power generation, as the uranium producer seeks to curb electricity imports.

Africa Energy Bank targets early 2027 financing as launch nears

15 October 2026

The institution was conceived as an African-led financing mechanism for energy projects as international lenders increasingly restrict financing for fossil fuels.

African Energy Bank to finance gas projects from early 2027

14 October 2026

The Africa Energy Bank will begin financing projects in early 2027 after becoming operational within weeks, Farid Ghezali, secretary-general of the African Petroleum Producers Organization, said at African Energy Week 2026 in Cape Town.

Bannerman Energy spends $26mn on local procurement at Namibia uranium project

14 October 2026

Australian uranium developer Bannerman Energy (ASX: BMN, NSX: BMN) spent more than NAD428.2mn (about $26mn) on local procurement and contractor services in Namibia during its 2026 financial year.

Zimbabwe’s $650mn Kariba solar project moves closer to implementation

14 October 2026

Zimbabwe's $650mn Kariba solar power project is advancing towards implementation after completing key technical and regulatory preparations, as the country seeks to boost electricity supply and reduce dependence on imports.

Arkle Resources reports maiden uranium discovery at Namibia’s ULG target as eight of nine holes hit mineralisation

14 October 2026

The reconnaissance results give Arkle a second uranium target in Namibia's Erongo region, home to the Rössing and Husab mines, and a path towards a maiden resource estimate in 2027.

Ethiopian lawmakers back $146mn IDA credit for Addis Ababa grid ahead of COP32

14 October 2026

The loan is additional financing for the first phase of the World Bank-backed Power Sector Reform, Investment and Modernization in Ethiopia (PRIME) programme.

Kenya’s $620mn Nairobi pact lags as governor says three of 40,000 streetlights installed

13 October 2026

Only three of 40,000 streetlights planned under Nairobi’s KES80bn ($620mn) development agreement with Kenya’s national government have been installed, Governor Johnson Sakaja said on October 12.

Zimbabwe urged to remove financing barriers to unlock $9.13bn energy investment

13 October 2026

Zimbabwe must resolve currency risks, utility debt and other structural barriers preventing energy projects from securing financing if it is to mobilise $9.13bn needed to expand electricity generation and achieve universal access by 2030.

African Energy Chamber to launch African Energy 2027 Outlook Report at AEW 2026 in Cape Town

12 October 2026

The African Energy Chamber (AEC) will launch its State of African Energy 2027 Outlook Report at African Energy Week (AEW) 2026 in Cape Town.

Zimbabwe mining power demand set to surge 55% within a year to over 1,550MW

12 October 2026

Zimbabwe's mining sector electricity demand is projected to rise more than 55% to over 1,550 megawatts (MW) within 12 months, while combined mining and manufacturing requirements could reach 4,000MW by 2030.

Namibia, Germany sign $6.2mn technical cooperation deal for energy and critical minerals

12 October 2026

Namibia and Germany have signed a $6.15mn technical cooperation agreement to expand access to sustainable energy services and develop critical mineral value chains, supporting the African country's energy transition and industrialisation plans.

Malawi signs grid connection deals for 125MW of planned thermal and solar power

12 October 2026

Malawi's Electricity Supply Corporation (ESCOM) has signed two transmission connection agreements covering 125 megawatts (MW) of planned thermal and solar generation capacity.

Arkle Resources confirms uranium mineralisation across 3km of Namibian paleochannel

12 October 2026

Arkle Resources (AIM: ARK) has confirmed near-surface uranium mineralisation in 12 drill holes spanning 2.9 kilometres of an ancient river channel at its Erongo project in Namibia.

Angola approves $570mn expenditure for Jamba la Oma hydropower project

12 October 2026

Angola authorises $569.9mn in hydropower expenditure and procurement, with Standard Bank identified as a prospective lender but financing not yet confirmed.

Kenya's reliance on Ethiopian electricity grows with peak imports set to double

12 October 2026

Kenya plans to double peak electricity imports from Ethiopia to 400 megawatts (MW) in December to ease pressure on its power system, even as Ethiopia faces major gaps in domestic electricity access.

Namibia's trade deficit narrows to $235mn in August on stronger uranium exports

9 October 2026

Namibia's merchandise trade deficit narrowed to NAD3.9bn ($235mn) in August 2026 from NAD5.9bn in July, as increased uranium shipments drove an 18.8% monthly rise in total exports

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