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Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,...
Zimbabwe’s industrial power users have secured $250-million from the African Export-Import Bank to build floating solar panels at the world’s largest man-made lake. The Intensive Energy User Group,...
Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya...
A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has expressed confidence that tariff and non-tariff solutions can be found to ensure that Eskom is able to meet the obligations set by the...
Technology group Wärtsilä has signed a renewal of its operations and maintenance (O&M) agreement covering the 105 MW power plant owned by independent power producer Ndola Energy Company in Zambia....
Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings, which until...
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
Zimbabwe’s State-owned power utility is in talks with Jindal Steel & Power over an $800-million upgrade of six units at its Hwange facility as it seeks to reduce blackouts. The plant is the...
The main risk facing companies in the renewable-energy sector in Africa and the Middle East is business interruption, which remains the foremost risk, with 63% of respondents to financial services...
The latest edition of the South African Renewable Energy Grid Survey points to there being massive and growing interest from developers of solar PV, wind, battery and hybrid plants to connect to...
Zambia’s State-owned power utility warned it may cease generating electricity at the Kariba dam by October because the nation’s worst drought yet is depleting water levels at the world’s largest...
Gaia Fund Managers is raising $200-million for investment in African renewable energy plants and power grids with the assistance of Apex Group. The money will be raised through the Gaia Africa...
Sub-Saharan Africa offers a $193-billion opportunity to invest in renewable energy and transmission by 2031, with returns a multiple of those in Europe and the US, according to a new study....
Despite the rapid expansion of renewable-energy generation capacity, the considerable growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely...
Five development finance institutions have banded together to find a way to develop the world’s biggest electricity-generation project, the planned Grand Inga hydropower complex in the Democratic...
The Development Bank of Southern Africa (DBSA) said it’s seeking to roll out a tendering model across the continent for the supply of power from renewable energy that’s attracted more than...
Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic...
Infrastructure investment and asset management company Africa50 has pledged up to $100-million to fund and co-finance renewables-based energy transition projects and infrastructure across Africa...
The global energy transition to a more equitable, secure and sustainable energy system is still progressing, but has lost momentum in the face of increasing uncertainty worldwide, international...
Africa added over 2 GW of hydropower capacity in 2023 but 90% of the continent’s on-river hydropower potential remains untapped, a new report states. Published by the International Hydropower...
Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the...
Red Rocket, a South African independent power provider, hired Goldman Sachs Group to advise on the next steps for the closely held business – including a possible sale. Shareholders of the Cape...
Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The...
Development finance institution African Development Bank (AfDB) group president Dr Akinwumi Adesina has called for a major political commitment to kick-start construction work on the Democratic...
Despite record renewable-energy installations of 473 GW last year, the International Renewable Energy Agency (Irena) says the pace of deployment remains well below that needed to match the global...
Zambia and Zimbabwe are retendering a $5-billion project to build a hydropower plant they previously awarded to General Electric Co. and Power Construction Corp. of China, and expect to select new...
Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before, even as total energy demand growth accelerated, with continued expansion of solar photovoltaic...
Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies...
Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. The government plans to add 14 000 MW of hydropower capacity, with the bulk of...
Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s most industrialized economy and threatening the...
JSE-listed real estate investment trust Growthpoint Properties has entered into a power purchase agreement (PPA) with electricity trader Etana Energy for 195 GWh/y of renewable energy, which...
Technology group Voith reports that it has received an order to supply equipment for the large-scale hydropower plant Caculo Cabaça in Angola. The order comprises all electrical and mechanical...
Egypt said on Tuesday that the latest talks over the Grand Ethiopian Renaissance Dam (GERD) have failed, but it will closely monitor the process of filling and operating the dam and reserve the...
The African Development Bank- (AfDB)-managed Sustainable Energy Fund for Africa (SEFA), on November 21, approved a $9.72-million grant to scale up the Africa Hydropower Modernisation Programme...
A consortium comprising of energy companies EDF, TotalEnergies and Sumitomo Corporation, has been selected as the strategic partner by the government of Mozambique and has entered into a joint...
State-owned utility Eskom is expecting to have to make “difficult trade-offs” in its pursuit of a just energy transition (JET) strategy, as it grapples with ongoing short-term operational struggles...
Mozambique’s government approved a strategy to reduce the nation’s dependence on fossil fuels that it estimates will cost $80-billion to implement by 2050, a step aimed at winning finance to...
As infrastructure engineering software company Bentley Systems gears up to host its 2023 Going Digital Awards in Infrastructure, on October 12, three Chinese finalists in the process and power...
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