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.

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

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Uganda breaks ground on $384mn power transmission project linking Karuma and Tororo

23 October 2026

The 400-kV Karuma–Tororo project involves approximately 347 kilometres of transmission lines crossing 15 districts, alongside new and upgraded substations. Construction is expected to take 36 months.

Malawi’s EGENCO targets restoration of 31MW hydropower capacity by mid-November after delays

22 October 2026

Malawi's state-owned Electricity Generation Company (EGENCO) expects to restore approximately 31 MW of hydropower capacity by mid-November, comprising a 20-MW generating unit at Nkula B and 11.1 MW of lost output at Nkula A.

Nigeria's NBTI outlines $600mn in proposed solar and small-business energy financing

22 October 2026

NBTI, a federal technology-incubation agency, said it is pursuing more than $600mn in proposed investment and development-finance opportunities centred on university solar projects and a nationwide small-business energy programme.

Mozambique awards Dubai’s Jampur 20-year concession to revive idle solar-panel factory

22 October 2026

Mozambique has transferred management of its state-owned solar-panel factory in Beluluane to Dubai-based Jampur Group under a 20-year concession, seeking to revive production at a facility that has been idle for approximately four years.

Senegal seeks investors to advance Yakaar-Teranga gas development

22 October 2026

Senegal’s state-owned oil company Petrosen is seeking investment partners for the Yakaar-Teranga offshore gas project, targeting a final investment decision (FID) by the end of 2027.

Windhoek to restart tender for Namibia's 25-MW solar project

22 October 2026

Namibia's capital, Windhoek, plans to cancel and restart procurement for a 25-MW solar power plant, abandoning an advanced tender process for a project previously estimated at NAD420mn ($25.6mn) and leaving its construction timetable uncertain.

Rwanda grants Aterian four-year Kinunga licence extension for tantalum-niobium exploration

22 October 2026

Aterian (LSE:ATN) has secured a four-year extension of its Kinunga exploration licence in southern Rwanda, allowing the critical metals explorer to advance plans for a potential tantalum-niobium operation alongside further lithium exploration

South Africa secures $553mn in conditional commitments for infrastructure guarantee fund

22 October 2026

South Africa has secured $553mn in conditional capital commitments for a credit guarantee vehicle aimed at attracting private investment in electricity transmission, transport and water projects.

Eni seeks EPC contractors for proposed $130mn Mozambique power plant

21 October 2026

Italian energy group Eni (BIT: ENI; NYSE: E) has invited expressions of interest from contractors for a proposed 75-MW gas-fired power plant in southern Mozambique, advancing a project estimated to cost $130mn that was announced in October 2025.

South Africa's Sasol coal output hits six-year high as Natref production falls 30% q/q

21 October 2026

South African energy and chemicals group Sasol (JSE: SOL; NYSE: SSL) reported its highest quarterly coal production in six years during the three months to September 30

Analyst warns of pressure on Russian oil exports and predicts global oil surplus by 2028

21 October 2026

Russia faces mounting energy risks from Ukrainian attacks, dependence on Chinese influence and the prospect of a global oil surplus, while Ukraine prepares for a difficult winter, says analyst.

South Africa's enX secures regulatory clearance for $13.4mn asset sale to Generac

20 October 2026

South Africa's enX has secured regulatory clearance for its $13.4mn New Way Power and property disposals to Generac, with completion expected on November 2.

Leviathan starts uranium drilling programme of up to 2,500 metres in Botswana

20 October 2026

Leviathan Metals has begun a uranium drilling programme of up to 2,500 metres at two projects in eastern Botswana, testing whether mineralisation identified beside an established deposit extends into its exploration acreage.

Invictus begins rig move to Zimbabwe's Musuma-1 ahead of November drilling

20 October 2026

Invictus Energy (ASX: IVZ; VFEX: INV) has begun moving its drilling rig to a new exploration site in northern Zimbabwe, ahead of a planned November well targeting gas and condensate outside its existing Mukuyu discovery.

GECF calls for new gas investment at African Energy Week 2026

19 October 2026

Annual global primary energy demand will rise by 20% to 768 exajoules (EJ) by 2055, from 641 EJ in 2024, as economic and population growth drive consumption.

Jinko ESS signs deal to supply 18 MWh of battery storage for Mali telecom project

19 October 2026

Chinese energy-storage supplier Jinko ESS said it had signed an agreement to supply 34 SunGiga G2 Plus battery systems for an unidentified telecommunications project in Mali.

Zimbabwe's Zesa posts $139mn operating profit as cheaper power imports cut costs

19 October 2026

Zimbabwe's state-owned electricity utility Zesa Holdings reported an operating profit of $139.3mn in the first half of 2026, exceeding its budget target by 68%.

Kodal pays $300,000 for Ghana lithium stake, targets 80% through earn-in

19 October 2026

Kodal Minerals has acquired an initial 10% stake in a Ghanaian JV established to explore the Asamankese lithium project for $300,000, with the right to increase its ownership to 80% through staged investment and technical milestones over 5 years.

DR Congo inaugurates $522mn Kamoa-Kakula solar and battery complex supplying major copper mine

19 October 2026

The Kamoa-Kakula solar and battery complex in Lualaba province launched on October 16, several weeks after the facilities began supplying electricity to one of Africa’s largest copper mining operations.

Deep Yellow delays Namibia uranium project investment decision beyond 2026

19 October 2026

Australian uranium developer Deep Yellow (ASX: DYL, NSX: DYL, OTCQX: DYLLF) has postponed a final investment decision on its Tumas uranium project in Namibia beyond 2026, citing weak equity market conditions.

Kenya plans $616mn nuclear research reactor at Konza, targets 2027 start

19 October 2026

Kenya plans to begin building a KES80bn ($616mn) nuclear research reactor at Konza Technopolis in 2027, financed through a public-private partnership.

Rwanda-based Kabisa plans $50mn capital raise for East African EV charging corridors, assembly

19 October 2026

Rwanda-based electric mobility company Kabisa Electric is preparing an approximately $50mn capital raising to develop high-power charging stations along East African trade corridors and establish electric vehicle assembly operations

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