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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.
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Nedbank announces plan to stop funding coal, oil and gas projects
South Africa’s Nedbank revealed last week that it had decided to phase out funding for all fossil fuel projects.
Dumsor in West Africa as water levels fall in Cote d’Ivoire and Ghana
Declining power output in Cote d’Ivoire and Ghana has caused power cuts in neighbouring West African countries such as Mali and Burkina Faso.
Nigeria’s Starsight Energy moves into East Africa
Nigeria’s Starsight Energy has announced its acquisition of a 50% stake in the East African operations of Commercial and Industrial (C&I) solar power provider, Premier Solar Group.
The IFC considers funding costly power ships in South Africa
The International Finance Corp.’s interest in supporting potential suppliers of emergency power to South Africa has provoked criticism from climate activists.
Kenya to set up emissions trading system
Kenya is close to setting up an emissions trading system in a bid to limit the release of greenhouse gases.
ACWA Power begins construction of 100-MW Redstone CSP project
Saudi Arabia’s ACWA Power has announced the start of construction at the 100-MW Redstone CSP project in South Africa after reaching financial close.
SCDP says new terminal will help reduce Cameroon’s fuel import bill
Cameroon’s national petroleum product concern SCDP expects the total cost of fuel imports to decline as a result of the completion of a new oil terminal at the port of Douala.
Nigeria considers domestic LPG subsidy
Nigeria’s government is reportedly considering a plan to subsidise domestic LPG prices.
Solar and wind post strong pandemic growth
Record levels of solar and wind additions are set to become the new normal as the world pushes forward its post-pandemic recovery
BioTherm Energy connects 284-MW Golden Valley wind farm to grid
Renewable power developer BioTherm Energy has completed all four of its projects in South Africa, with the latest, the Golden Valley Wind Energy Facility, having come on stream in the Eastern Cape.
US envoy calls for breakthrough in GERD dispute
The US envoy for the Horn of Africa, Jeffrey Feltman, has called on Egypt, Sudan and Ethiopia to find a solution to their dispute over the Grande Ethiopian Renaissance Dam project
IFC to issues green bonds in Ghana
The IFC is to help Ghana's Securities and Exchange Commission (SEC) issue a new generation of green bounds that aim to boost private investment in the country’s renewables sector.
Nigeria aims to install 36mn electricity meters
The Nigerian government has unveiled ambitious plans to install over 36mn electricity meters across the country by the end of the second quarter of 2021.
Tema LNG now expecting to receive first cargo by end-May
Tema LNG Terminal Company (TLTC), the owner of the Tema LNG terminal offshore Ghana, is reportedly on track to receive its first cargo within the next few weeks.
NNPC says it is unable to pay into fuel subsidy fund in May
Nigerian National Petroleum Corp. (NNPC) has said it will not be able to make any payments into the federal account used to subsidise domestic fuel prices in the month of May.
Rush for renewables sees demand for critical minerals soar
Unmet demand for copper, lithium, nickel and cobalt could create potential energy security hazards, warns the IEA.
Tanzania, Kenya plan gas pipeline
The governments of Tanzania and Kenya hope to work together to build a natural gas pipeline along the coast of the Indian Ocean from Dar es Salaam to Mombasa.
Wider implications of unrest in northern Mozambique
Amid doubts about an SADC plan to send troops to Cabo Delgado, Mozambican authorities should consider working with Tanzania to contain Islamist militants.
Ethiopia rejects existing Nile deals with Egypt, Sudan
Ethiopia had dubbed historic colonial agreements with Sudan and Egypt to share the Nile waters as "unreasonable and unacceptable," and wants to continue talks on the GERD project under the existing African Union-brokered arrangement.
EIB approves €340mn of renewables and water funding for Africa
The European Investment Bank has approved €340mn of funding for water and renewable energy in Africa.
Mozambique pre-qualifies five IPPs for 40-MW solar project
Mozambique's Energy Regulatory Authority (Arene) has published the results of the pre-qualification process for the construction of a 40-MW solar power plant in Dondo in Sofala Province.
Kenya Power looks to refinance $500mn of debt
Kenya Power is looking to refinance KES55bn ($505mn) of its commercial debt in a bid to boost its liquidity position amid mounting supplier debt and losses.
Ivanhoe Mines to upgrade Inga II turbine
Ivanhoe Mines’ Kamoa-Kakula copper project in the Democratic Republic of Congo is set to receive more reliable power supplies as Turbine 5 at the Inga II hydropower plant undergoes a major upgrade.
US supports 5-GW solar roll-out in Namibia and Botswana
US President Joe Biden has confirmed his administration’s support for Namibia and Botswana’s Mega Solar Project, which aims to develop 5 GW of solar power across the two countries.
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