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Finance

Zambia’s 2027 budget plan targets 10,000MW while eight projects build 1,315MW

Zambia's Energy Regulation Board was tracking 1,315MW of generation under construction in September, as ministries defended their 2027 spending plans in Lusaka this week. The medium-term plan behind that budget, published on 27 September, puts 10,000MW among its production targets, and comments on its Green Paper close on 9 October.
Finance

Aksa Energy Delegation Finalises Revenue Compliance Framework in Accra

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.
Tech & Power Generation

South Africa puts 4,600MW of batteries and 5,000MW of gas first in its next procurement

Minister of Electricity and Energy Dr Kgosientsho Ramokgopa has confirmed the proposed approach to the first section 34 determination under the IRP 2025, prioritising 4,600MW of battery storage and 5,000MW of gas-to-power. Wind and solar wait for a later determination, as the ministry sets out to cut curtailment before adding variable generation.
Transmission & Distribution

Kano-Katsina 330kV line advances with its transformers already waiting on site

Nigeria's transmission company is building a 330kV substation close to the Katsina Steel Rolling Company, at the end of a Kano line it calls the largest of its kind in the country. Minister of Power Joseph Tegbe has named the Chinese contractors lined up behind the Presidential Power Initiative and the Zungeru evacuation project.
Renewable Energy

Côte d’Ivoire shortlists developers for 200MW of solar backed by 66MWh of storage

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.
Tech & Power Generation

Azura Power buys into Enpower with ‘significant long-term ambitions for South Africa’

Azura Power, which runs 752MW of generation across three African markets, has taken a majority stake in Enpower Trading, its first investment in South Africa. Enpower holds a NERSA trading licence and has provided wheeling services in George since 2022 and in Cape Town since 2024.
News

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.
Global Affairs

What does a 100 million barrel release mean for Africa’s diesel bill?

G7 members agreed on 2 October to release 100 million barrels of diesel, petrol and crude from emergency reserves over four months, with a front-loaded diesel release in the first twenty days. Brent eased to around $100.8, but the fuel African importers buy most will take longer to reach their pumps.
Finance

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.
Interviews

EXCLUSIVE: Sipho Phiri tells ENN there is no point in generating power you cannot move

Sipho Phiri chairs Kwama Energy, which co-developed Ilute, the Zambian solar plant he calls Africa's first non-recourse merchant power station. Speaking to ENN, he argues that generation is increasingly solved and that Southern Africa is already inside a transmission constraint, with lead times that leave very little room.
News

Gassi and Lamadji reach first drawdown on a €37.9m solar and storage package

Qair has drawn the first funds under a €37.9 million package for two hybrid solar plants near N'Djamena, combining 30MWp of solar with 8MW and 8MWh of battery storage. The African Development Bank and Proparco each lent €15.2 million, under a 20-year power purchase agreement with Tchadelec.
Regional

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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