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Africa
Oil Price
South Africa Authorities to Cut Fuel Pump Prices From Wednesday
South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…
Energy Storage Project
Construction Begins on One of the World’s Largest Solar + Battery Facilities
Norwegian renewable energy firm Scatec ASA has started construction of the three Kenhardt projects in the Northern Cape Province of South Africa.
Algeria’s Sonatrach Strikes Production Deal With TotalEnergies, Occidental and Eni
New production-sharing contract is for 25 years for onshore blocks in eastern part of North African country
Mainstream and Actis Agree to Sell African Renewables Giant Lekela
Renewable developer Mainstream Renewable Power and investor Actis have signed an agreement to sell the Lekela Power platform to Infinity Group and Africa Financ…
The Green Economy, an Imperative for Economic Sustainability in Africa
As one of the chosen pilot countries, Mozambique hosted a dialogue focused on the green economy in Africa.
Egypt
Egypt’s Infinity to Become Africa’s Largest Renewable Energy Company
Infinity and Africa Finance Corporation will acquire Lekela Power in deal that includes 2.8-gigawatt portfolio of wind power and greenfield projects
Minigrids Expanding Energy Access in Burkina Faso, Liberia and Zambia
The Beyond the Grid Fund for Africa (BGFA) programme has signed four further agreements with off-grid energy service companies in Burkina Faso, Liberia and Zamb…
Energy Investment
UK Invests £162M in Africa’s Energy Industry
British International Investment has partnered with Norway’s Norfund in a joint venture with Scatec to support the initiative, which will meet the power needs …
Distributed energy
Energy as a Service Industry in South Africa Maturing
The latest Market Intelligence Report on Energy Services suggests South Africa’s Energy Services Companies and EPCs are starting to specialise, focusing on nic…
South Africa
South Africa: Opportunities to Expand the Renewable Energy Market Do Exist
While the revival of the REIPPP programme in 2021 holds great promise to expand South Africa’s large-scale renewable energy market, grid constraints in the cou…
Energy Transition
$300M Pan-African Renewable Energy Fund (Paref) Established
The Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption in Africa has been established.
Clean and Affordable Energy Top of Mind in Road Towards COP27
As the world inches closer to COP27, top of discussions is ensuring clean and affordable energy for all, especially Africa.
Energy Investment
Renewable Energy: Bringing New Wave of Sustainable Energy Investment to Africa
As IWP&DC discovered, there is much to discuss with regards to climate change, water supplies, hydropower potential and investment across Africa.
Microsoft Climate Innovation Fund, Bank of America Among Funders of Africa Mini-Grid Push
Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million fundi…
Hydropower Plant
Ghana Will House First Ever West African Hydro-Solar Plant
The first West African hydro-solar plant was deployed in Ghana at the beginning of 2022. Once its full capacity is brought online, the hydro-solar plant will re…
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