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News
Angola to DRC interconnector goes to a Moroccan contractor under private investment
Luanda has selected Société Maghrébine de Génie Civil to build and operate a line connecting Angola to the Southern African Power Pool, the first private transmission investment since Angola amended its general electricity law in January. Around 2GW would run toward the Copperbelt mining corridor rather than to Kinshasa.
Grids
South Africa transmission split turns on creditor consent for 33,199km of grid
Advisers are due within weeks to open negotiations with the banks and funders holding Eskom's high-voltage assets as security. Valuation and the treatment of municipal debt sit beside that conversation, and Eskom itself has asked that any transfer wait until risks to its finances are addressed.
Tech & Power Generation
Kenya transmission PPP faces its first solvency test under the 2021 Act
KETRACO has sent four privately initiated transmission proposals worth up to Ksh65bn to the PPP Directorate, testing the Act's own insolvency provisions.
Solar
Zambia solar programme awards 312MW with councils holding equity in each plant
Five contractors have twelve months to build a 2MW installation with 4MWh of storage in each of 156 constituencies, at a stated ZMW 4.3bn. Permanent Secretary Nicholas Phiri has described the ownership stake as a revenue stream for the local authorities hosting them.
Regional
Nigerian research houses take the reporting role Nigeria NOW! will be measured against
Nextier and The Electricity Hub both research the Nigerian power and policy landscape and publish through their own podcasts and platforms. Their involvement around the Nigeria NOW! Global Investors Expo in November puts domestic analysis alongside the international coverage a summit of this kind usually attracts.
News
Clean captive energy grants open in sub-Saharan Africa with a 25% applicant contribution
UNEP and the Frankfurt School opened applications on 20 July under the second phase of a programme built around commercial and industrial power users. The window closes on 20 September, and applicants must reach implementation within 18 months, which sets the bar at projects already close to construction.
Finance
Côte d’Ivoire refinery upgrade must raise €633 million before its 2029 commissioning
The AfDB has committed €200 million as lead arranger on an €833 million hydrodesulfurisation complex at SIR in Abidjan, due for commissioning in 2029.
Finance
Nigeria’s sovereign fund puts domestic capital behind distributed renewable energy
The Nigeria Sovereign Investment Authority manages the country's sovereign wealth across three ring-fenced funds and has built a platform for distributed renewable energy in the Nigerian market. Its role matters to a sector where the shortage is rarely projects and almost always the capital willing to take early risk.