News

Yinson Production has finalised an infrastructure modification agreement for the floating production storage and offloading asset operating in Ghanaian waters to expand technical capacity for domestic thermal plants.

The Nigerian Upstream Petroleum Regulatory Commission has opened its 2026 licensing round with 40 blocks onshore and offshore. Announcing it at the commission’s fifth anniversary in Abuja, Commission Chief Executive Oritsemeyiwa Eyesan declared that the wait was over. Under rules adopted for this round, every bidder must disclose its beneficial owners.

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.

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.

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.

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.

Senegal’s energy minister told a briefing in Dakar on 1 October that the state will invest close to 400 billion CFA francs to electrify 6,471 localities by 2029. The commitment follows a September in which Dakar lost around 200MW from a single plant failure during a heatwave.

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.