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Finance

Aksa Energy Delegation Finalises Revenue Compliance Framework in Accra

Senior executives from Aksa Energy’s West African division have held talks with the Ghana Revenue Authority to secure a data-sharing protocol for its 370 megawatt generation pipeline.
Tech & Power Generation

South Africa puts 4,600MW of batteries and 5,000MW of gas first in its next procurement

Minister of Electricity and Energy Dr Kgosientsho Ramokgopa has confirmed the proposed approach to the first section 34 determination under the IRP 2025, prioritising 4,600MW of battery storage and 5,000MW of gas-to-power. Wind and solar wait for a later determination, as the ministry sets out to cut curtailment before adding variable generation.
Transmission & Distribution

Kano-Katsina 330kV line advances with its transformers already waiting on site

Nigeria’s transmission company is building a 330kV substation close to the Katsina Steel Rolling Company, at the end of a Kano line it calls the largest of its kind in the country. Minister of Power Joseph Tegbe has named the Chinese contractors lined up behind the Presidential Power Initiative and the Zungeru evacuation project.
Renewable Energy

Côte d’Ivoire shortlists developers for 200MW of solar backed by 66MWh of storage

Developers have been shortlisted for two 100MWp solar plants at Dabakala and Niakaramandougou, each paired with 33MWh of battery storage, under 25-year independent power producer concessions. The procurement sits inside a national target of 45% renewables in the electricity mix by 2030.
Tech & Power Generation

Azura Power buys into Enpower with ‘significant long-term ambitions for South Africa’

Azura Power, which runs 752MW of generation across three African markets, has taken a majority stake in Enpower Trading, its first investment in South Africa. Enpower holds a NERSA trading licence and has provided wheeling services in George since 2022 and in Cape Town since 2024.
News

Four hundred megawatts to Kenya from December, double Ethiopia’s current supply

Ethiopian Electric Power is preparing to raise exports to Kenya from 200MW to 400MW from December, with a joint technical committee running trials before the higher volumes flow. Ethiopia already supplies Djibouti, Sudan and Tanzania, the last on a pilot basis through Kenya.
Global Affairs

What does a 100 million barrel release mean for Africa’s diesel bill?

G7 members agreed on 2 October to release 100 million barrels of diesel, petrol and crude from emergency reserves over four months, with a front-loaded diesel release in the first twenty days. Brent eased to around $100.8, but the fuel African importers buy most will take longer to reach their pumps.
Finance

Nigeria PMI reaches 56.4, the strongest reading since February 2022

Nigeria’s private sector expanded at its fastest pace in more than four and a half years in September, with the Stanbic IBTC Bank PMI rising to 56.4 from 54.3. New orders and output grew at their quickest since February 2022, while fuel costs pushed purchase prices to a three-month high.