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Tech & Power Generation

Ghana power sector puts 35 mini-grids and nuclear on its 2027 list

Ghana’s Energy and Green Transition Minister John Abdulai Jinapor has put 35 mini-grids and the Ghana Nuclear Power Programme among the priorities for 2027, after a year in which a fire at the Akosombo switchyard took more than 1,000MW off the system and more than 2,000 new transformers were procured.
Interviews

EXCLUSIVE: The cross-border line both governments wanted

Speaking to ENN, Gridworks Chief Executive Chris Flavin explains what made a privately financed transmission line between Kalumbila in Zambia and Kolwezi in the DRC workable, and what its 700MW of capacity will open up for Zambian power producers and traders once it carries electricity into the DRC’s Copperbelt.
Mining & Minerals

Madagascar rare earths: Ampasindava’s exploitation permit is formalised ahead of a 2028 start

Madagascar’s Ministry of Mines has formalised the exploitation permit for Harena Rare Earths’ Ampasindava project, an ionic clay deposit the London-listed company plans to bring into production in 2028 at about 4,000 tonnes of rare earth oxides a year, with up to $4.84m from the US DFC behind its pilot.
Finance

$4.73bn in nine months: Dangote’s refinery reports ahead of its extended IPO

Dangote Petroleum Refinery reported a net profit of $4.73bn on revenue of $22.48bn for the nine months to September, against a loss a year earlier. Nigeria’s Securities and Exchange Commission has approved extending its share offer, which seeks about $1.6bn, to 27 October.
Mining & Minerals

Ethiopia gold refinery opens with more than 600 tonnes of yearly capacity

Ethiopia has inaugurated a National Precious Metals Refinery with capacity for more than 600 tonnes a year, owned 51% by the state through Ethiopian Investment Holdings. Prime Minister Abiy Ahmed says the aim is to replace raw exports in a country where gold earned about half of last year’s export revenue.
Thought Leadership

Power is No Longer a Commodity: Why Africa’s Energy Future Depends on Solutions, Not Megawatt-hours

Construction can now begin near Kafue Town in Zambia’s Lusaka Province. Globeleq has reached financial close on the 40MWac Kafue solar project, with US$52.1m committed by FMO and British International Investment and a 25-year power purchase agreement with ZESCO in place. Globeleq also owns 51% of Lunsemfwa Hydro Power Company and is developing solar with battery storage at Leopards Hill. It sells to private industrial customers as well as to ZESCO. Here, Alasdair Martin, Director, Private Customer Solutions, writes for ENN on what buyers of industrial power in Southern Africa now want from the companies that supply them.
Oil & Gas

Vaaris Energy agrees to buy Shell’s industrial gas network in Nigeria

Shell has signed an agreement to sell Shell Nigeria Gas, which runs about 170km of pipeline serving more than 130 businesses in Ogun, Abia and Rivers, to the Nigerian company Vaaris Energy. Shell keeps its deepwater and integrated gas positions in Nigeria, including its interest in Nigeria LNG.
Regional

Uganda Mission 300 compact: what will it take to reach its 2030 targets?

Uganda and the African Development Bank Group will host the 11th Africa Energy Market Place in Kampala on 21 and 22 October, where government and private investors will work through how to deliver the Mission 300 compact Uganda launched at the Africa Energy Forum in June.