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The African Development Bank, through its Sustainable Energy Fund for Africa, has approved a $2.5m grant to the Mozambican government to finance renewable energy studies and support capacity building at Electricidade de Mocambique (EDM).

Mozambique
Free

A lack of consistent financial reporting on climate finance within the World Bank Group (WBG) means it is impossible to verify the bank’s climate-related finance claims, according to a report from charity Oxfam.

Free
Project bulletin

State-owned Electricity Development Corporation chairman Mengot Arrey has said installation of the first turbine at the Lom Pangar hydroelectric power (HEP) plant is now underway.

Cameroon
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Germany’s commitment of ZAR6.2bn towards South Africa’s Just Energy Partnership (JETP) is assisting government efforts to approve a detailed investment plan in time for COP27.

South Africa
Free
Project bulletin

Damming at the 130MW Kandadji hydroelectric power (HEP) project has been completed. The plant, Niger's first HEP,  is expected online in 2026.

Niger
Free

Uncomfortable financial disputes are expected to dominate the 27th United Nations Climate Change (COP27) conference, to be held in the Egyptian Red Sea resort city of Sharm El Sheikh on 6-18 November. African nations may achieve progress in some areas – perhaps by forcing the vexed question of compensation for loss and damage onto the agenda – but the meeting will likely once again fail to identify a way forward for electricity supply industries (ESIs) across the continent.

Issue 470 - 14 October 2022

Carbon certification is just too costly

Free

The results are in from African Energy’s carbon and renewable credit survey, with almost 50% of respondents saying the certification of carbon or renewable credits is either too costly or time-intensive. This will not be of great surprise to those who complain the market is not fit for purpose in meeting Africa’s needs.

Free

Nigeria’s recently launched Energy Transition Plan aims to make Abuja’s target of net zero emissions by 2060 a reality, but the debt-for-climate deal proposed by Vice President Yemi Osinbajo could be even more important in relieving more immediate economic pressures – if creditors agree to provide the funds requested for a new deal that promotes gas as the key ‘transition fuel’.

Nigeria
Free
Project bulletin

Construction of the Basse and Farafenni Basse and Farafenni solar photovoltaic projects is expected to start in Q1 2023, once power purchase agreements are finalised later this year with the parastatal National Water and Electric Company.

Gambia
Free
Data trend

A huge increase in generation capacity indicates that the long-sought boom in renewable generation has materialised, as African grids are set to add 15GW of solar, 9GW of wind and 14GW of hydroelectric power by 2025, according to the African Energy Live Data platform’s latest analysis.

Free

Husk Power Systems has commissioned six additional solar PV mini-grids in the Doma and Lafia areas of Nasarawa state.

Nigeria
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Lusaka-based Africa GreenCo has reported trading over 2,000MWh of energy on the Southern African Power Pool (SAPP) competitive markets since August. Mauritius-registered GreenCo started active electricity trading in July.

Free

South Africa has many problems, stemming from the enduring legacies of apartheid and the fallout of more recent misrule, but could it be load-shedding and the perpetual crisis at state utility Eskom that finally ends the African National Congress (ANC)’s control of the state?

South Africa
Issue 469 - 30 September 2022

ADBF gains pula listing on BSE

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The African Domestic Bond Fund (ADBF) listed in the local pula currency on the Botswana Stock Exchange (BSE) on 15 September.

Botswana
Issue 469 - 30 September 2022

Benin: Energicity completes two mini-grids

Free

Energicity has announced the completion of two mini-grids, at Takpatchiomè and Gougouta in the Couffo department. Energicity was awarded a construction, operation and maintenance contract for 20 mini-grids in the Zou, Couffo and Collines departments under the Off-Grid Clean Energy Facility (OCEF), one of five concessionaires to sign deals.

Benin