Southern Africa

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Southern Africa

Batoka Gorge moves toward formal procurement with $440m of state equity behind it

The Zambezi River Authority held a market sounding session for the 2,400MW scheme at the Africa Energy Forum in June, described as preparation for the formal procurement process. Zambia and Zimbabwe have each committed $220 million from their 2026 budgets, and a second Zambezi scheme is now in prefeasibility behind it.
Southern Africa

Seriti Green signs a further R10 billion as Ummbila Emoyeni starts commercial supply

President Cyril Ramaphosa officiates at Bethal in Mpumalanga today as the first 155MW phase of Ummbila Emoyeni begins commercial supply. Standard Bank and RMB financed the R4.8 billion phase, the opening stage of a build planned to pass 900MW across seven phases.
Southern Africa

GE Vernova: Africa can leapfrog the grid challenges seen elsewhere.

GE Vernova's Kenneth Oyakhire on why the world is in an electricity investment supercycle, and how Africa can build a resilient grid rather than simply add capacity. Speaking at AEF, he set out the firming technology that lets the continent leapfrog the grid-stability challenges seen elsewhere
Southern Africa

Seriti Green’s Ummbila Emoyeni: a project of hope for Mpumalanga

Seriti Green's Peter Venn on why South Africa's largest wind project is being built in the heart of coal country. Speaking to ENN at AEF, he explains how Ummbila Emoyeni reskills coal workers for wind, draws its workforce from the local towns, and stands as a project of hope for Mpumalanga.
Southern Africa

The capital is already built: why the secondary market matters for Africa’s energy future

Closing Africa's infrastructure investment deficit will take more than financing new projects. Speaking to ENN at AEF, Ziyaad Sarang of Investec and Revego Fund Managers makes the case for the secondary market, where owning operating renewable assets lets developers recycle their capital into the next wave, and explains why institutional investors are backing African renewables in a way they weren't a decade ago.
Southern Africa

Eskom, RTE international, AFD and the NTCSA sign cooperation agreement to enhance South Africa’s power grid

South Africa's transmission grid is gaining a new source of expertise as it prepares for higher shares of renewable power. On the sidelines of the Africa Energy Forum, Eskom, the NTCSA, France's RTE international and AFD signed a two-year technical cooperation programme to strengthen the grid's resilience, flexibility and capacity.
Southern Africa

The Rules of Power are Changing in Africa

As African power markets become more decentralised, the old assumptions around reliability, cost and bankability are changing. Private offtake, wheeling, open access and renewable-plus-storage models are creating new routes to market and reshaping how power projects are developed, financed and delivered.
Southern Africa

Red Rocket Expands Real-Time Bird Detection Across Its Wind Farms

Red Rocket is expanding real-time bird detection across more of its wind farms after a successful first year at Brandvalley and Rietkloof. Sustainability and HSEQ Director Magdalena Michalowska-Logan on what the data showed, and why targeted turbine shutdowns could become standard practice at higher-risk sites.
Southern Africa

Globeleq confirms acquisition of majority stake in Zambia’s Lunsemfwa Hydro Power Company

Globeleq has confirmed the acquisition of a majority stake in Zambia’s Lunsemfwa Hydro Power Company (LHPC), marking the company’s entry into the Zambian energy market and strengthening its participation in the Southern African Power Pool (SAPP). The transaction also adds hydropower to Globeleq’s diversified African generation portfolio while expanding its footprint in a priority market […]
Southern Africa

South Africa Joins Afreximbank, Unveils US$8bn Country Programme

Johannesburg | 09 February 2026 — South Africa has formally joined the African Export-Import Bank (Afreximbank), marking a major new chapter in the country’s continental trade and development strategy — and triggering the launch of an ambitious US$8 billion Country Programme designed to deepen industrial growth, strengthen regional supply chains and expand intra-African trade. The accession […]
Southern Africa

PPA signed for pioneering Vungu Solar project in Zimbabwe

Harare, Zimbabwe: At a reception held today at the residence of Pete Vowles, British Ambassador to Zimbabwe, Vungu Solar Pvt Ltd signed a 25-year Power Purchase Agreement (PPA) with the Zimbabwe Electricity Transmission and Distribution Company (ZETDC). As the pilot for the Government of Zimbabwe’s Government Project Support Agreement (GPSA) solar IPP programme, the 30MWac […]
Southern Africa

Eaglestone and Partners Secure Financing Milestone for the Lobito Atlantic Railway

Eaglestone has announced the signing of the key financing agreements for the Lobito Atlantic Railway Project in Angola, a significant milestone for one of the region’s most strategically significant transport corridors. Eaglestone acted as Co-Financial Adviser, alongside Africa Finance Corporation, to Lobito Atlantic Railway S.A. (LAR), the borrower and concessionaire, and its sponsors—Mota-Engil, Trafigura, and […]

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