News

Multiple wind turbines set against a sunset sky
Energy News Network Industry news
Thought Leadership

OP-Ed: From Labs to Listings. How the AfroHackathon Can Unlock Africa’s First Lithium-Ion IPOs

Africa is inextricably linked to the global decarbonising future, but the cycle must be broken that has defined this transition for eons: exporting unprocessed lithium, cobalt, manganese, nickel, phosphates and graphite while importing finished batteries at a premium. The Lithium-Ion Battery Value Chain is brutally clear. Mining captures just $11 billion, while value-added segments and end-user markets i.e. Electric Vehicles (EVs) and Battery energy storage systems (BESS) send a minimum $7 trillion beyond the continent’s shores.
Sustainable Energy

Africa green hydrogen pipeline still awaits its first gigawatt-scale investment decision

The IEA's 2026 Hydrogen Review finds the continent's most advanced project targeting engineering design in the third quarter of this year and a final decision in 2027. Two of the largest developments have stalled for want of buyers, while the cost of capital does more to decide outcomes than sunshine does.
Mining & Minerals

Africa battery value chain moves up a step as DRC approves Musompo precursor zone

Kinshasa's council of ministers cleared the Lualaba site in February, targeting $2bn of private capital across 900 hectares. Zimbabwe has built the continent's first lithium sulphate plant under an export ban. The cathode and cell stages that carry most of the margin remain unbuilt everywhere on the continent.
Energy access

Nigeria electricity distribution order from NERC ring-fences DisCo surpluses for network capital

The directive took effect on 1 July and requires the twelve companies to seek approval before spending money set aside for infrastructure and market debt. State regulators, the Federal Ministry of Power and lawmakers have all been drawn into a dispute over who now decides.
Energy access

Zimbabwe electricity access target rises to 520,000 connections annually

The national compact signed under Mission 300 commits Harare to reaching every household by 2030, and sets out how far the utility must move to do it. Private distribution and retail licences were due in the first quarter of this year, opening a market ZETDC has held alone.
Finance

Tanzania holds 57tcf and a licensing round while its LNG agreement stays unsigned

Shell and Equinor have been targeting a host government agreement on the $42 billion Tanzania LNG project, with first production expected in the early 2030s. The country opened 26 blocks in its first licensing round in more than a decade, and its 2,115MW hydropower plant now supplies four countries.
Solar

Kariba floating solar targets October financial close on a US$400 million package

Green Hybrid Power, a vehicle established by Zimbabwe's Intensive Energy Users Group, has taken preparatory work as far as a US$4.4 million Afreximbank facility allows. Energy minister July Moyo has said he hopes to close the financing by October, with panels floating on the reservoir alongside the hydro station rather than replacing it.
Renewable Energy

Nigeria’s off-grid programme has 11 million connections to find before December 2028

DARES has reached 5.3 million Nigerians against a target of 16.2 million at the project's close, with solar home unit deployments at 1.046 million against 2.75 million. The World Bank has released further funding after Nigeria met four performance conditions, while rating political and macroeconomic risk high.
Thought Leadership

One market, two clocks: what South Africa’s trading rules are actually deciding

NERSA extended the comment window on the third version of the South African Wholesale Electricity Market rules to 28 August after stakeholders asked for more time. Eskom's court challenge to five trading licences is stayed rather than withdrawn, which makes the drafting a negotiation as much as a consultation.
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.
Finance

Mozambique waits on Rovuma as the FID timetable slips from July toward September

President Daniel Chapo has said he expects ExxonMobil to sanction the $30 billion Area 4 project by mid-2026, with observers framing the target as September. Around 160 trillion cubic feet sits in the Rovuma Basin, and Maputo has linked the decision to TotalEnergies restarting its own $20.5 billion development.
Regional

Namibia’s Venus decision approaches with gas content and fiscal terms still unresolved

TotalEnergies is targeting a final investment decision on the Orange Basin discovery by late 2026, having moved it once from late 2025. Revised projections put output around 150,000 barrels a day, and the reservoir's gas content is among the reasons the timetable slipped.

Energy news