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State-owned power utility Eskom has pledged that the that have dogged hashtag for decades could finally be at an end, as long as unplanned outages can be kept at their current level.
State-owned power utility Eskom has pledged that the power cuts that have dogged South Africa for decades could finally be at an end, as long as unplanned outages can be kept at their current level.
Local player Elton Oil is advancing its $120m regasification terminal project and has signed an offtake deal with Senelec to provide the utility with gas feedstock.
The move could be an important step in 's move away from towards cheaper and less polluting , writes Waly Dione Faye in Dakar.
Local downstream player Elton Oil is advancing its $120m regasification terminal project and has signed an offtake deal with Senelec to provide the utility with gas feedstock. The move could be an important step in Dakar’s move away from liquid fuels towards cheaper and less polluting gas, writes ...
Despite the enormous need for in new and capacity and rehabilitating existing , there is precious little involvement in African utilities.
The old model of state-dominated, vertically-integrated utilities has conspicuously failed to expand access or lower costs, yet it continues to exercise a hold over governments, writes Marc Howard.
Despite the enormous need for investment in new transmission and distribution capacity and rehabilitating existing infrastructure, there is precious little private sector involvement in African utilities. The old model of state-dominated, vertically-integrated utilities has conspicuously failed to e...
Another round of energy sector appointments has been made by President Bassirou Diomaye Faye’s administration, part of what some Senegalese observers have called the ‘de-Mackyisation’ of the hashtag sector.
The new recruits largely comprise technocrats, external experts, and academics.
Another round of energy sector appointments has been made by President Bassirou Diomaye Faye’s administration, part of what some Senegalese observers have called the ‘de-Mackyisation’ of the energy sector. The new recruits largely comprise technocrats, external experts, and academics.
After a period of economic and political turmoil, embattled Kenyan President William Ruto has been forced into a major restructuring.
The shape of a new coalition with the main opposition party the Orange Democratic Movement (ODM) is still being finalised, but it will likely have a difficult time trying to steer the and government finances to a position of greater stability.
After a period of economic and political turmoil, embattled Kenyan President William Ruto has been forced into a major government restructuring. The shape of a new coalition with the main opposition party the Orange Democratic Movement (ODM) is still being finalised, but it will likely have a diffic...
Norway’s Scatec ASA is selling a majority stake of its power joint venture with Norfund and British International Investment, which is involved in projects in , , and a trilateral Great Lakes development.
Scatec said the sale was in line with its wider strategy of focusing on core markets and on and and .
Norway’s Scatec is selling a majority stake of its hydroelectric power joint venture with Norfund and British International Investment, which is involved in projects in Uganda, Malawi, and a trilateral Great Lakes development.
A mini-boom in is underway in , with raising debt and equity to advance greenfield projects and mothballed being brought back online.
The and geopolitical imperatives have created a more favourable environment for the sector, but are especially acute when it comes to uranium, as demonstrated by recent licence withdrawals in , writes Marc Howard.
A mini-boom in uranium mining is underway in Africa, with investors raising debt and equity finance to advance greenfield projects and mothballed mines being brought back online. The energy transition and geopolitical imperatives have created a more favourable environment for the nuclear power secto...
Mauritius-based Afreenergy has signed an agreement to acquire three and (C&I) PV plants in from French developer GreenYellow, which is divesting from to concentrate on Europe.
Mauritius-based Afreenergy has signed an agreement to acquire three commercial and industrial (C&I) solar PV plants in Senegal from French developer GreenYellow, which is divesting from Africa to concentrate on Europe.
With African electricity supply industries in a state of flux, everyone agrees the hashtag needed for economic development can only come from the , but the existing financial and commercial models are inadequate – and a desperate need for in only makes this challenge harder.
Some new thinking about how to crack these problems was presented at the recent African Energy Forum in Barcelona, but the boldest ideas require a leap of faith, writes John Hamilton*
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https://www.africa-energy.com/news-centre/article/new-thinking-africas-electricity-problems-demands-commitment-and
Despite a period of intense activity in markets such as and , and deals around are taking longer to get over the line, reflecting the more complex structures being adopted and the need to tap less familiar sources of , writes James Gavin.
Despite a period of intense activity in markets such as Namibia and Nigeria, merger and acquisition deals around the continent are taking longer to get over the line, reflecting the more complex structures being adopted and the need to tap less familiar sources of funding, writes James Gavin.
British energy major bp has signed a joint development agreement with a consortium of Masdar (Abu Dhabi Future Energy Company) and the local Hassan Allam Utilities and Infinity Power to explore the potential for a large, multi-phase (GH2) project in .
British energy major BP has signed a joint development agreement with a consortium of Abu Dhabi Future Energy Company (Masdar) and the local Hassan Allam Utilities and Infinity Power to explore the potential for a large, multi-phase green hydrogen (GH2) project in Egypt.
's President Faye has said his administration, which took power in April, intends to deliver on its campaign promise to renegotiate offshore .
A review of offshore oil and gas contracts had been anticipated, following pledges made on the campaign trail ahead of the February election.
Agreements signed by the previous administration of President Macky Sall are expected to come in for particular scrutiny.
A review of offshore oil and gas contracts had been anticipated, following pledges made on the campaign trail ahead of the February election. Agreements signed by the previous administration of President Macky Sall are expected to come in for particular scrutiny, write Waly Dione Faye and Marc Howar...
UK/Norway-owned Globeleq has raised $99m of for 's first project, adding to its southern African portfolio.
Despite industry pessimism over the prospects for , Globeleq is advancing a large pipeline of greenfield and capacity in eastern and southern Africa and is bullish over the future of utility-scale projects.
UK/Norway-owned IPP Globeleq has raised $99m of debt financing for Mozambique’s first wind project, adding to its southern African portfolio. Despite industry pessimism over the prospects for utility-scale projects, Globeleq is advancing a large pipeline of greenfield renewable and gas capacity in...
A tanker loaded with 1m barrels of Libyan destined for left Tobruk port in eastern on 11 July.
If it can take its cargo to market, a definitive boundary will have been crossed in the dismantling of National Oil Corporation (NOC)’s control over and marketing – a trade already mired in allegations about the illicit exchange of oil for Chinese military .
A tanker loaded with 1m barrels of Libyan crude destined for China left Tobruk port in eastern Libya on 11 July. If it can take its cargo to market, a definitive boundary will have been crossed in the dismantling of National Oil Corporation (NOC)’s control over oil export and marketing – a trade...
President El Sisi’s cabinet reshuffle is the most significant reshaping of the sector’s management in nearly a decade, bringing new ministers to the and portfolios, who face daunting challenges as struggles to meet its ambitions for energy self-sufficiency and to become a regional and power hub, writes John Hamilton.
President El Sisi’s cabinet reshuffle is the most significant reshaping of the energy sector’s management in nearly a decade, bringing new ministers to the oil and gas and electricity portfolios, who face daunting challenges as Egypt struggles to meet its ambitions for energy self-sufficiency an...
’s goal to become a regional power exporter continues to take shape, with investors committed to a substantial pipeline of and -fired plants. Utility EDM is also promoting expansion of national and international hashtag , while progress is reported on the strategic 1.5GW Mphanda Nkuwa project, writes Marc Howard.
Maputo’s goal to become a regional power exporter continues to take shape, with investors committed to a substantial pipeline of renewable and gas-fired plants. Utility EDM is also promoting expansion of national and international interconnections, while progress is reported on the strategic 1.5GW...
Another series of delays have postponed the commissioning of the - Regional Interconnector Project (Moma), The World Bank Group (WBG) has confirmed.
The 218km, 400kV power line will connect Malawi’s isolated to the Southern African Power Pool (Sapp) and add a badly-needed source of electrons to its grid – with a 50MW allocation expected from state-owned independent power producer ( ) Hidroeléctrica de Cahora Bassa.
Another series of delays have postponed the commissioning of the Mozambique-Malawi Regional Interconnector Project (Moma), the World Bank Group (WBG) has confirmed. The 218km, 400kV line will connect Malawi’s isolated grid to the Southern African Power Pool (Sapp) and add a badly-needed source of ...
We are pleased to have launched the new Africa Investment Exchange (AIX): Power & Renewables page on our African Energy website:
Take a look at the latest confirmed panellists.
Once logged in AIX P&R delegates can now access curated news, recordings of webinars and view the current attendees list.
Delegates also have the option to network ahead of the meeting using the links via the attendees list.
First held in 2014, AIX Power & Renewables has become one of the meeting places of choice for 's power sector stakeholders, including leading private and public sector investors, African officials and project developers.
AIX Power & Renewables 2024 will ask what investors want from government and what government needs from investors. It will also examine how other stakeholders should be accommodated in the official and corporate policy mix.
The meeting is sponsored by Standard Bank, Alliant, ARM-Harith Infrastructure, British International Investment, Cresco, Herbert Smith Freehills and Wärtsilä.
There are significant pockets of growth in the African electricity supply industry — from C&I in South Africa, climate-tech projects in Kenya, to a new appreciation of the need for a major upgrade of transmission infrastructure — but levels of private investment continue to disappoint in far...
The 225MW Saint Louis combined cycle hashtag turbine (CCGT) development on hashtag 's north-west coast is nearing hashtag , according to a progress update given to African Energy by Turkish developer Aksa Energy.
The 225MW Saint Louis combined cycle gas turbine (CCGT) development on Senegal’s north-west coast is nearing financial close, according to a progress update given to African Energy by Turkish developer Aksa Energy.
The ANC has kept control of a swathe of portfolios, as 's Government of National Unity has raised hope that the new coalition can speed reforms and implement more effective policies to tackle persistent economic challenges, write Tonderayi Mukeredzi and Jon Marks.
The ANC has kept control of a swathe of portfolios, as South Africa’s Government of National Unity has raised hope that the new coalition can speed reforms and implement more effective policies to tackle persistent economic challenges, write Tonderayi Mukeredzi and Jon Marks.
A 250MW deal between Karpowership and the authorities in Libreville comes as the Turkish plant provider continues to attract interest from other African countries in need of quickly deployable on-grid capacity additions, including , and .
A 250MW deal between Karpowership and the authorities in Libreville comes as the Turkish floating power plant provider continues to attract interest from other African countries in need of quickly deployable on-grid baseload capacity additions, including Liberia, Guinea and Equatorial Guinea, writes...
Meridiam-owned Rift Valley Energy has secured $15m in funding from the hashtag 's institution British International Investment (BII) to build 7.6MW of and power projects.
hashtag
Meridiam-owned Rift Valley Energy has secured $15m in funding from the UK’s development finance institution British International Investment (BII) to build 7.6MW of wind and hydroelectric power projects.
Faced by a severe which has seen water levels fall dramatically at its hashtag plants, is hoping to revive abandoned private sector-led power and speed up work on an interconnector with .
Faced by a severe drought which has seen water levels fall dramatically at its hydroelectric power plants, Zambia is hoping to revive abandoned private sector-led power projects and speed up work on an interconnector with Tanzania.
Senior Kenyan officials have confirmed that the government’s moratorium on independent power projects should be lifted soon after the controversial 2024/25 is approved by the National Assembly.
However, the passage of the bill has become entangled with anger over a cost-of-living crisis, with protestors storming the parliament on 25 June and even President Ruto’s apparent about-turn not calming tensions, writes Jon Marks.
Senior Kenyan officials have confirmed that the government’s moratorium on independent power projects should be lifted soon after the controversial 2024/25 budget is approved by the National Assembly. However, the passage of the finance bill has become entangled with anger over a cost-of-living cr...
A lot of officials, developers and financiers are working very hard to bring electricity supply projects to market and into service, but persistent bottlenecks across the value chain still too often stall otherwise good , according to African Energy Live Data’s analysis of the deal flow.
The completion of stalled projects, along with a roll-out of
and decentralised solutions, would lead poorer consumers further towards universal access, while giving wealthier urban populations and commercial clients improved services and more productive uses of energy.
Read the latest African Energy View for free
A lot of officials, developers and financiers are working very hard to bring electricity supply projects to market and into service, but persistent bottlenecks across the value chain still too often stall otherwise good projects, according to African Energy Live Data’s analysis of the deal flow. T...
The New and Renewable Energy Authority has signed a trio of land agreements in a strategic area the Egyptian government hopes will become one of the world’s largest zones of output with close to 30GW of installed production.
The New and Renewable Energy Authority has signed a trio of land agreements in a strategic area the Egyptian government hopes will become one of the world’s largest zones of wind output with close to 30GW of installed production.
According to cabinet secretary for energy Davis Chirchir, the Kenyan government’s moratorium on is ‘unsustainable’, amid the risk of future due to shortage of supply, while other advances are in the pipeline, including tariffs and the supply of power through embedded networks, writes Neville Otuki in Nairobi.
According to cabinet secretary for energy Davis Chirchir, the Kenyan government’s moratorium on IPPs is ‘unsustainable’, amid the risk of future loadshedding due to shortage of supply, while other advances are in the pipeline, including wheeling tariffs and the supply of power through embedded...
The African Development Bank Group Bank has substantially increased its capital to stay aligned with ratings agency demands and is using a wider range of financial instruments to raise funds as group president Akinwumi Adesina shows off the AfDB’s ever increasing ambitions for and a wide range of other initiatives.
The African Development Bank has substantially increased its capital to stay aligned with ratings agency demands and is using a wider range of financial instruments to raise funds as group president Akinwumi Adesina shows off the AfDB’s ever increasing ambitions for infrastructure development and ...
The increasingly assertive African Development Bank Group’s support for the proposed multi-user Liberty corridor would enable production from HPX’s Mount Nimba iron ore in and increase demand for power from regional schemes.
It could also lead to adjacent iron ore developments in , which is strongly backing the scheme, writes Marc Howard.
The increasingly assertive African Development Bank’s support for the proposed multi-user Liberty infrastructure corridor would enable production from HPX’s Mount Nimba iron ore play and increase demand for power from regional hydroelectric schemes. It could also lead to adjacent iron ore develo...
State-owned Nigerian National Petroleum Company (NNPC) has signed a project development agreement (PDA) with Norway’s Golar LNG for a floating liquefied ( ) project offshore the .
NNPC said the development would “monetise vast proven hashtag reserves from shallow water resources”.
State-owned Nigerian National Petroleum Company (NNPC) has signed a project development agreement (PDA) with Norway’s Golar LNG for a floating liquefied natural gas (FLNG) project offshore the Niger Delta. NNPC said the development would “monetise vast proven gas reserves from shallow water reso...
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Our analysis of African on-grid #powergeneration projects that came online in 2022 shows a mixed picture for #renewableenergy. Watch a clip of our recent African Energy Live Data webinar, where our head of data Ajay Ubhi presented an assessment of the power industry’s 2022 performance and the future direction of the sector. The full video of this webinar is available to African Energy newsletter and Live Data subscribers. For a limited period, you can also access it via a free copy of our African Energy briefing report, which we have published to provide those attending or following the progress of the Africa Energy Forum (#aef23) in Nairobi with insightful background material on some of the key themes. https://www.africa-energy.com/report/african-energy-briefing-report-aef2023 Access your free copy via this link: https://africa-energy.com/subscriptions/basket/code/AEF2023 (If you don't already have a free African Energy account you will be directed to a screen to register your details. An account will also allow you to set up news alerts for all our latest articles, maps and reports. Plus you will be able to explore some more data trends via the link below) Take a look at more African power data trends here: https://www.africa-energy.com/live-data/data-trends #Africa #electricitygeneration #data #dataanalysis #energytransition #sdg7 #aef2023
