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Finance

African LNG projects advance as the IEA lowers its global supply outlook to 2030

TotalEnergies has more than 4,000 workers back at Afungi with first cargoes due in 2029, Eni has approved Coral Norte, and UTM signed feed gas for Nigeria’s first indigenous floating plant this month. The agency has removed around 120 billion cubic metres from projected growth by the end of the decade.
Mining & Minerals

Nigeria lithium processing, what the value-addition rule means for investors

A lithium plant at Endo in Nasarawa State, commissioned on 2 July, processes 6,000 tonnes of ore a day on around $250m of investment. It is the first working demonstration of Nigeria’s rule that minerals should be refined at home before they leave, and of what accepting that rule produces.
Tech & Power Generation

Sahel power interconnection begins as Mauritania breaks ground on the first 184km

Contracts signed in April cover a 114km section from Kiffa to Tintane and a 70km extension to Aioun, the first construction under a 1,373km scheme running to 2030. The African Development Fund has committed $302.9 million towards an estimated $888 million cost.
Regional

Dangote pledges $2 billion for a 250MW solar plant in The Gambia

President Adama Barrow announced the commitment at State House in Banjul on the margins of the African Caucus meetings, alongside a fuel storage terminal. The country imported 57 per cent of its electricity in early 2025, and its available generating capacity had fallen below 40MW.
Clean Cooking

Clean cooking commitments pass $3.1 billion as a supply shock reaches the kitchen

New pledges of $900 million were announced on 9 July at a virtual meeting of the co-chairs, after the Nairobi summit was postponed. A new programme responds to Strait of Hormuz disruption that the IEA says affected 30 per cent of globally traded LPG.
News

Egypt commits €690 million to the grid before it sells a single unit to Europe

The European Union announced the package in Luxembourg on 15 June, combining an EIB Global loan with Commission grants to carry 22GW of renewable capacity. It is the first project under T-MED, and it deliberately excludes the proposed subsea cable to Greece.
Energy access

A quarter of Rwandan households get their electricity without touching the grid

Off-grid systems accounted for 25 per cent of national connectivity against 59.6 per cent on the grid, according to Rwanda Energy Group. A results-based programme backed by the African Development Bank and the Asian Infrastructure Investment Bank now stands at $300 million.
Sustainable Energy

Seriti Green investment reaches R25bn as Ummbila Emoyeni opens

Seriti Green signed a further R10bn at Bethal on Friday as the first 155MW of Ummbila Emoyeni entered commercial operation, taking committed investment to R25bn. President Cyril Ramaphosa attended and said the company would reach R40bn, with a second wind development of 600MW planned beside it and 187 turbines between the two.