Power news


Zambia freezes $3.4bn Chinese solar deal amid unresolved financing problems

State-owned utility Zesco is looking for a new renewable energy contractor, having put on hold a 2.4GW solar PV development with China’s CiEG. Work on other projects is continuing, but this is a difficult period for Zambia, which has still to implement its multilateral debt deal amid a lack of foreign currency and financing, writes Chiwoyu Sinyangwe in Lusaka.

Issue 496 - 04 December 2023

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Africa IMF data

Africa's currency crises return, amid barter deals and debt woes

In a recent conversation, an independent power producer (IPP) told African Energy that its southern African utility client has been paying for its electricity “more or less on time”. The problem was those payments were being made in a local currency that cannot be exchanged as “the central bank has no money”. The IPP could turn to international arbitration to try and enforce its contract terms, “but what’s the use of that,” the executive asks, “when there’s nothing to be had?”

Issue 496 - 04 December 2023

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Latest Power headlines

New data illustrates the performance and prospects for renewable energy in Africa

The latest figures from African Energy's Live Data platform show the direction of the continent's on-grid power generation industry over the next five years

North Africa power trends: Renewable energy potential only partially met in gas-addicted region

African Energy has analysed the latest on-grid power generation data for North Africa.

New report suggests SDG7 could be achieved by 2034

African Energy staff led research for the Africa-EU Energy Partnership’s second annual European Financial Flows on SDG7 to Africa report.

Research underlines challenges faced by carbon and renewable credits markets

Almost 50% of respondents to an African Energy survey said the certification of carbon or renewable credits is too costly or time-intensive.

Revealing insights into Africa's energy future

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South Africa energy transition report

South Africa's energy transition report


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African Energy briefing report

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African Energy Atlas 2020/2021


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