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Zambia and Zimbabwe Throw Open Their Energy Sectors as Private Capital Rushes to Light Millions

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Nearly ten million Zambians have never switched on a light in their own homes. Across the border, Zimbabwe’s national utility connects 50,000 households per year; its new binding commitment demands 320,000. Both nations have now staked billions on pledges to achieve universal electricity access […]
Finance

Unlock the Billion Dollar Vault Hidden Inside Zimbabwe’s Energy Liberalisation

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Zimbabwe currently generates significantly less electricity than required to keep basic lights on, yet the government audaciously demands that private investors triple available capacity within six short years to feed a voracious mining beast that never sleeps. This paradoxical mandate requires the state to […]
Finance

The Death of the Sovereign Guarantee

Jeannette Ilunga, Africa Works, LUSAKA | Friday 28 November, 2025 — The sovereign guarantee is dead. Across Southern Africa, the financing structure that powered a generation of electricity projects has collapsed under utility insolvency and government debt distress. Yet new power plants are still getting built and financed. The money is flowing through an entirely […]
Finance

How Outdated Credit Assessments Strangle Africa’s Energy Revolution

Gerald Hamuyayi, Lusaka, Saturday, 29 November, 2025 – The payments arrive like clockwork, every month, on schedule, in full. Yet the project remains classified as unbankable. International financiers examine balance sheets from state utilities and recoil, deploying risk premiums that make commercial lending impossible. Meanwhile, independent power producers across Zimbabwe and Zambia operate profitably, receive […]
Finance

Stanbic Bank Maps the Future of Energy Financing in Ghana and West Africa

As Ghana accelerates its industrialisation agenda and seeks to stabilise its energy landscape, the question of how to mobilise sustainable long-term capital has become increasingly urgent. Local banks, pension funds, and international development partners are all being drawn into a national effort to strengthen energy infrastructure, support economic recovery and foster regional integration across West […]
Finance

Powering Ghana’s Future: How energy infrastructure is fuelling industrial growth

Gas is driving Ghana’s industrial transformation – and Stanbic Bank Ghana is at the centre of it, financing the infrastructure that powers its progress. As African countries pursue sustainable economic transformation, Ghana stands out for its strategic use of energy resources to drive industrialisation, stimulate job creation, and build resilience in key sectors. At the […]
Finance

Africa urged to seize role in US critical minerals supply

WASHINGTON, October 9, 2025, ENN: African nations should position themselves as key partners for the United States in securing supplies of critical minerals essential to modern industries, according to a new report from the Washington DC-based Brookings Institution. The report, Leveraging US–Africa Critical Mineral Opportunities: Strategies for Success, argues that Africa’s mineral wealth and improving […]
Finance

AI’s energy appetite could stress power grids, Bain warns

Johannesburg, Oct. 8, 2025, ENN: Scaling up AI over the next decade will require up to $2 trillion in new revenue and could consume an additional 200 gigawatts of electricity by 2030, roughly the output of 200 large power plants, according to Bain & Company’s 6th Annual Global Technology Report. The consultancy warns that while […]
Finance

EU commits €545m to Africa’s green future

The European Commission is investing €545m ($640m) in projects across Africa, seeking to fast-track Africa’s clean energy transition, aiming to power millions and create green jobs. The initiative, unveiled by European Commission President Ursula von der Leyen, is part of the ‘Scaling Up Renewables in Africa’ campaign and will mobilize public and private investment to […]
Finance

EBRD finances Infinity Power’s first greenfield wind farm in Egypt

US$ 74.1 million for 200 MW wind farm The European Bank for Reconstruction and Development (EBRD) contin ues to champion Egypt’s renewable energy ambitions with a new funding arrangement for the development and construction of a 200 MW wind farm in the Ras Ghareb region. The EBRD is providing a comprehensive financing package of US$74.1 […]
Finance

ZimZam 2025: Driving Investment Partnerships for Southern Africa’s Power Development

Livingstone, Zambia — ZimZam 2025 (26–28 November) will gather governments, investors, and developers to accelerate Southern Africa’s energy future. With Copperbelt Energy Corporation (CEC) as Country Host, the summit will spotlight investment opportunities, renewable projects, and strategies to bring Southern Africa’s energy commitments to financial close. Southern Africa’s most influential energy and investment leaders will […]
Finance

Standard Bank partners with Mulilo Energy Holdings on a ZAR 7 bn Equity HoldCo facility

Standard Bank, Africa’s biggest bank by assets, has finalised terms to provide a landmark corporate facility to pioneering independent power producer, Mulilo Energy Holdings. Mulilo is a leading renewable energy developer and independent power producer established in 2008. Standard Bank has been appointed as the sole lender and agent as it relates to the Equity […]

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