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Gassi and Lamadji reach first drawdown on a €37.9m solar and storage package

Qair has drawn the first funds under a €37.9 million package for two hybrid solar plants near N’Djamena, combining 30MWp of solar with 8MW and 8MWh of battery storage. The African Development Bank and Proparco each lent €15.2 million, under a 20-year power purchase agreement with Tchadelec.
Regional

Mercuria puts $250m behind Zambian generation and transmission through Exergy

Mercuria and Exergy signed a $250 million financing agreement in Lusaka on 25 September, covering generation and transmission projects run by two Exergy subsidiaries. It is among the largest private commitments made to Zambia’s power sector and the commodities group’s first move into the region’s electricity market.
Energy access

Senegal sets $690m against 6,471 villages still without electricity

Senegal’s energy minister told a briefing in Dakar on 1 October that the state will invest close to 400 billion CFA francs to electrify 6,471 localities by 2029. The commitment follows a September in which Dakar lost around 200MW from a single plant failure during a heatwave.
Transmission & Distribution

South Africa puts 1,164km private transmission programme back to 2027

The Ministry of Electricity and Energy has delayed the final request for proposals for Phase One of the Independent Transmission Projects programme. Previously scheduled for the current quarter, the competitive bidding window for the 1,164-kilometre grid infrastructure corridor is now deferred to the second quarter of 2027.
Finance

Nigeria’s power sector bonds reach ₦1.23tn with Series 2 signed in Abuja

The Federal Government has raised ₦728.9 billion through the Series 2 issuance of its power sector bond programme, taking the total raised in nine months past ₦1.23 trillion. The money settles verified debts owed to generation companies rather than building anything new.
Energy access

African Union establishes technical oversight committee to launch continental power market coupling

The African Union Commission has inaugurated the High-Level Technical Oversight Committee for the African Single Electricity Market after a three-day session in Addis Ababa. Backed by regional power pools and development finance institutions, the structural body transitions the continental energy master plan from political architecture toward cross-border market rules.
Regional

What Guinea’s €269.5m from EBID adds to a grid that already exports

Guinea signed three loan agreements worth €269.5 million with the ECOWAS Bank for Investment and Development in Conakry on 10 September, covering health, transport and energy. The country already sells 1,174GWh a year into Senegal, The Gambia and Guinea-Bissau under bilateral contracts.
Finance

ECG’s private sector participation moves to procurement, with concessions due by June 2027

Ghana has appointed a transaction adviser to procure concessionaires for the Electricity Company of Ghana, with awards expected by June 2027, according to the IMF’s latest review. The state keeps ownership of the network, and the private role is billing, metering and revenue collection rather than a sale.