African Energy

18/12/2024

South African and Namibia-based investors have raised $28m in debt to support the acquisition of the Mariental and Greenam Kokerboom PV plants.

South African and Namibia-based investors have raised $28m in debt to support the acquisition of the Mariental and Greenam Kokerboom solar PV plants.

17/12/2024

Financial commitments towards 's Just Energy Transition Investment Plan from the International Partners Group of western countries and multilateral organisations have expanded to almost $14bn, up from an initial pledge of $8.5bn, but the programme faces criticism over the slow disbursement of funds.

Financial commitments towards South Africa’s Just Energy Transition Investment Plan from the International Partners Group of western countries and multilateral organisations have expanded to almost $14bn, up from an initial pledge of $8.5bn, but the programme faces criticism over the slow disburse...

13/12/2024

Chinese and are backing 2.5GW of new and projects that Zimbabwean authorities claim will end by 2025 – and end the need for power imports by 2026.

However, Harare has a history of announcing that do not materialise and, even if these schemes do go ahead, questions remain over whether the will be able to handle the additional , writes Tonderayi Mukeredzi.

Chinese IPPs and investors are backing 2.5GW of new coal and solar projects that Zimbabwean authorities claim will end load shedding by 2025 – and end the need for power imports by 2026. However, Harare has a history of announcing megaprojects that do not materialise and, even if these schemes do ...

11/12/2024

Some 330MW of new, small-scale capacity is expected to be funded by Camco’s Repp 2 fund.

Prospective projects span and , power and .

Some 330MW of new, small-scale renewable capacity is expected to be funded by Camco’s Repp 2 blended finance fund. Prospective projects span on- and off-grid solar, hydroelectric and wind power.

10/12/2024

The ruling ‘Duo Diomaye/Sonko’ seems to hold all the cards needed to at least try to implement their ambitious Project Senegal 2050 agenda, after their Pastef party won some 130 of the 165 National Assembly seats in 's much-anticipated mid-November legislative , writes Waly Dione Faye.

Read the latest African Energy View for free

The ruling ‘Duo Diomaye/Sonko’ seems to hold all the cards needed to at least try to implement their ambitious Project Senegal 2050 agenda, after their Pastef party won some 130 of the 165 National Assembly seats in Senegal’s much-anticipated mid-November legislative election, writes Waly Dion...

06/12/2024

Six years of owed by Konkola Copper Mines (KCM) to Zesco are a heavy burden on the Zambian power utility.

Figures seen by African Energy suggest the amount is much larger than previously estimated and may not be repaid soon.

Six years of debts owed by Konkola Copper Mines (KCM) to Zesco are a heavy burden on the utility. Figures seen by African Energy suggest the amount is much larger than previously estimated and may not be repaid soon.

05/12/2024

African Energy’s Africa Investment Exchange (AIX) returns to on 19-20 March 2025, with a packed agenda discussing upcoming issues facing the industry in the East African Power Pool ( ) region and seeking to make sense of the disruption and opportunities in the sector as the unfolds.

Download the agenda

04/12/2024

The Libyan government is about to claim more than $60bn of until now unknown assets, which investigators say were secretly invested in United States treasury bonds by the former regime.

But, with much of the paper held in smaller American midwestern financial institutions, there will likely be a massive battle to establish title to the bonds, and decide how and to whom they should be returned.

The Libyan government is about to claim more than $60bn of until now unknown assets, which investigators say were secretly invested in United States treasury bonds by the former Qadhafi regime. But, with much of the paper held in smaller American midwestern financial institutions, there will likely....

03/12/2024

Prolonged has profoundly impacted power-dependent .

The government is enacting to mitigate the crisis, most significantly increasing in October on an emergency basis – a move which could pave the way for permanent cost-reflective tariffs.

Developers are also advancing a PV pipeline that would see installed capacity increase tenfold by 2028.

This informs an optimism from some players, such as private utility CEC, over the power sector’s longer-term prospects, writes Chiwoyu Sinyangwe in Lusaka.

Prolonged drought has profoundly impacted hydroelectric power-dependent Zambia. The government is enacting reforms to mitigate the crisis, most significantly increasing tariffs to cost-reflective levels on an emergency basis – and the move could pave the way for cost-reflective tariffs. Developers...

02/12/2024

Two have been concluded, the first of an “accelerated renewable energy initiative”, as pushes for faster giga-scale developments.

Along with a series of other and agreements, they fit into Egypt’s programme of rapidly promoting while keeping offtake arrangements wide open.

Projects are being driven by a cadre of loyal investor-developers.

Two PPAs have been concluded, the first of an “accelerated renewable energy initiative”. Along with a series of other wind and solar agreements, they fit into Egypt’s programme of rapidly promoting giga-scale projects while keeping offtake arrangements wide open. Projects are being driven by a...

29/11/2024

The stalled Zambian component of the ZTK power remains far behind schedule – much to the frustration of President Hakainde Hichilema.

But new funding from the The World Bank Group, the UK and EU is expected to see a quick project restart, write Marc Howard and Chiwoyu Sinyangwe in Lusaka.

In contrast to the existing Kenya-Tanzania line, and with work on the Tanzanian side of the Zambia-Tanzania line expected to be completed by mid-2026, the stalled Zambian component of the ZTK interconnector remains far behind schedule – much to the frustration of President Hakainde Hichilema. But ...

28/11/2024

Join us on Wednesday 4th December for a panel-led discussion of Kenya's energy sector.

The meeting will be chaired by African Energy Deputy Editor, Marc Howard with participation from a panel including:

🔹 Khilna Dodhia, Senior Investment Officer, IFC
🔹 Shaun Githuku, Director, Gridworks
🔹 Dennis Kobia, Power System Operations Engineer, Ketraco
🔹 Kim Mugo, Business Development Manager (East Africa), African Energy
🔹 Eric Mwangi, Advisor to the Climate Envoy in the Office of the President, Kenya
🔹Roland Tatnall, Director, Naimon Capital

African Energy subscribers and AIX: Power & Renewables 2024 delegates have free access to this online meeting.

Kenya’s IPP moratorium is fraying, but when projects start moving again what safeguards will the government put in place, and what will the priorities be? A court challenge has put the government’s ITP model into question. What needs to happen for this element of sectoral reform to advance? Foll...

27/11/2024

PM Robert Beugré Mambé is expected to push Côte d’Ivoire’s claims to be a new centre for – as well as a focus for and – when he opens the SIREXE international exhibition in Abidjan today.

Côte d’Ivoire is pushing for a big upturn in renewable energy investment as a new event opens in Abidjan

25/11/2024

A plant that will produce crucial components for and is expected to kick-start ’s budding industry.

But while Isondo Precious Metals is confident of making progress, many more upcoming large-scale projects remain stuck at pre-feasibility stage, writes Tonderayi Mukeredzi.

A manufacturing plant that will produce crucial components for fuel cells and electrolysers is expected to kick-start South Africa’s budding green hydrogen industry. But while Isondo Precious Metals is confident of making progress, many more upcoming large-scale GH2 projects remain stuck at pre-fe...

22/11/2024

Saudi giant ACWA Power has agreed to supply to Gotion High-Tech Group’s planned Kenitra in what will be 's biggest ever merchant power deal.

The agreement could open the door to bigger and even more transformative developments and will restore Acwa’s position in Morocco, which has been eroded in recent years, writes Our Casablanca Correspondent.

Saudi giant Acwa Power has agreed to supply electricity to Gotion High Tech Group’s planned Kenitra gigafactory in what will be Morocco’s biggest ever merchant power deal. The agreement could open the door to bigger and even more transformative developments and will restore Acwa’s position in ...

21/11/2024

'Accelerated commissioning’ has allowed Golar LNG to announce a definitive 2025 commissioning date at bp and Kosmos Energy’s Greater Tortue Ahmeyim project.

But the floating liquefied ( ) developer has cautioned that it expects more delays at its project.

‘Accelerated commissioning’ has allowed Golar LNG to announce a definitive 2025 commissioning date at the BP/Kosmos’ Greater Tortue Ahmeyim gas project. But the floating liquefied natural gas (FLNG) developer has cautioned that it expects more delays at its Nigeria project.

20/11/2024

Commissioning of a fourth unit at the 2.1GW Julius Nyerere power plant has prompted the Tanzanian government to move away from -to-power ( ) capacity.

The immediate consequence is that a power purchase agreement ( ) for Songas, the country’s first , will not be renewed.

Meanwhile, two foreign have launched arbitral claims of $500m and $1.2bn against the government, and progress remains static at the much-vaunted Tanzania , writes Marc Howard.

Commissioning of a fourth unit at the 2.1GW Julius Nyerere hydroelectric power plant has prompted the Tanzanian government to move away from gas-to-power capacity. The immediate consequence is that a power purchase agreement for Songas, the country’s first IPP, will not be renewed. Meanwhile, two ...

18/11/2024

Ouagadougou has invited international bidders to submit prequalification documents for two greenfield, projects, backed by funding from The World Bank Group and the Clean Technology Fund.

African Energy takes a closer look at the and the impact they could have on the Société Nationale d’Electricité du Burkina Faso (Sonabel) hashtag .

Ouagadougou has invited international bidders to submit prequalification documents for two greenfield, solar storage projects, backed by funding from the World Bank Group and the Clean Technology Fund. African Energy takes a closer look at the projects and the impact they could have on the Société...