News (WAECS)

Yinson Production has finalised an infrastructure modification agreement for the floating production storage and offloading asset operating in Ghanaian waters to expand technical capacity for domestic thermal plants.

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.

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.

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.

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.

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.

Ghana has signed a memorandum of understanding with Shell and Chevron covering exploration and production rights over the South Deepwater Tano Cape Three Points block, including the appraisal of the existing Nyankom discovery as the country seeks to revive upstream investment.

The grids are synchronised, all fourteen continental countries are connected and two national utilities have already moved into surplus by buying across a border. What has not been tested is whether a market with no new generation behind it can keep clearing. The West African Power Pool and the ECOWAS Regional Electricity Regulatory Authority now […]