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‘Refining capacity is industrial capacity’, says CEF chair as imports reach 61%

mported fuel now meets about 61% of South Africa’s demand, up from 22% in 2019, and Central Energy Fund chairperson Ayanda Noah has called for investment in the SANPC Refinery Development Programme, a proposed 400,000 barrel-a-day refinery estimated at $7.15bn that would create about 12,500 construction jobs.
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Lobito refinery stakes: who joins Zambia in Angola’s 200,000-barrel plant?

Angola wants Southern African governments to help finance the 200,000 barrel-a-day Lobito refinery, due to produce its first fuel in December 2027. Zambia has committed to a 26% stake and Botswana has been offered equity. Sonangol says it will keep at least 51% as it looks for $4.8bn to fund the next phase.
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EACOP pipeline to take crude by December as first oil moves to 2027

The 1,443km East African Crude Oil Pipeline will be ready to receive crude by mid-December, Ugandan officials say, with first commercial oil from the Tilenga and Kingfisher fields now expected before the end of June 2027. The Petroleum Authority of Uganda links the change to disrupted equipment shipments from the Middle East.
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Cyprus gas to Egypt gets a ministerial push to speed up the Cronos link

Egypt's petroleum minister Karim Badawi and Cypriot energy minister Michael Damianos have pressed to speed up the work connecting the Cronos field to Egypt's infrastructure, after Eni and TotalEnergies took a final investment decision in July. Badawi told an East Mediterranean Gas Forum roundtable in Greece that the partnership had reached projects on the ground.
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Luanda Refinery Crude Oil Production Hits 12-Month Throughput Peak

The Institute for the Regulation of Petroleum Derivatives has confirmed a 13,000 barrel per day surge in domestic crude supply to the Luanda plant, marking a significant step in Sonangol's push to curb refined product import reliance while commercial testing begins at the new Cabinda facility.
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Four hundred megawatts to Kenya from December, double Ethiopia’s current supply

Ethiopian Electric Power is preparing to raise exports to Kenya from 200MW to 400MW from December, with a joint technical committee running trials before the higher volumes flow. Ethiopia already supplies Djibouti, Sudan and Tanzania, the last on a pilot basis through Kenya.
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Nigeria PMI reaches 56.4, the strongest reading since February 2022

Nigeria's private sector expanded at its fastest pace in more than four and a half years in September, with the Stanbic IBTC Bank PMI rising to 56.4 from 54.3. New orders and output grew at their quickest since February 2022, while fuel costs pushed purchase prices to a three-month high.
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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.
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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.
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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.
Regional

Nag Hammadi’s 2GW solar and 2,000MWh battery, priced in Egyptian pounds

Egypt approved Kemet's land agreements in February for 2,000MW of solar and a 2,000MWh battery at Nag Hammadi, with the power bought in local currency. By April the state buyer had signed for four Kemet schemes due in 2027, a different model from the dollar contract behind Scatec's Obelisk.
Regional

COMESA and ARE sign on renewable electrification across 21 member states

The Common Market for Eastern and Southern Africa and the Alliance for Renewable Electrification signed a memorandum of understanding in Brussels on Thursday, covering electrification, investment and energy access across a bloc of 21 countries and an industry body representing more than 170 renewable energy companies.

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