SUBSCRIBE
PROFILE

Ethiopia

Uganda builds 2 million barrels of storage to boost oil sector

Backed by flagship projects linked to EACOP and the Tilenga and Kingfisher fields, Uganda aims to lead Africa in new oil storage additions, with a projected impact on its revenues and financial flows by 2030.

Ethiopia commissions Africa’s largest hydroelectric dam

The Grand Ethiopian Renaissance Dam is now fully operational, with a planned capacity of 5,150 MW, marking a key step in the country’s energy deployment.

Renaissance Dam could generate $1bn annual revenues for Ethiopia

The Grand Renaissance Dam, set to be inaugurated in September, aims to produce 5,000 megawatts and could generate up to $1 billion per year for Ethiopia, according to the government.
en_11401092049540

Tullow accelerates debt reduction with divestment of assets in Gabon and Kenya

Tullow marks a strategic milestone in 2025 with the sale of its subsidiaries in Gabon and Kenya, the extension of its Ghanaian licences, and the optimisation of its financial structure.

Mergence invests $3.3mn to support Solarise Africa’s solar growth

Solarise Africa secures $3.3mn in financing from Mergence Investment Managers to accelerate the deployment of solar systems for the commercial and industrial sector in Africa.

Electricity demand reaches 2,362 MW in Kenya as KenGen focuses on renewables

Kenya registers a historic record in electricity consumption, driven by industrial growth and a strong contribution from geothermal and hydropower plants operated by Kenya Electricity Generating Company PLC.
en_114030072043540

Kenya: Globeleq secures ATIDI guarantee for Menengai geothermal project

Globeleq and African Trade & Investment Development Insurance finalise a payment guarantee for the Menengai geothermal project (35 MW), securing financing ahead of its planned operational launch in Kenya.

Globeleq launches South Africa’s largest energy storage facility

Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.

Port-au-Prince plunged into darkness after forced shutdown of hydroelectric plant

Port-au-Prince is without electricity after residents of Mirebalais forcibly shut down a hydroelectric plant protesting government inaction amid escalating gang-related violence.
en_114019062070540

African Debt: Why Investors Must Anticipate Immediate Climate Impacts

African countries now spend more on debt service than on education and healthcare, limiting essential investments despite significant energy potential. The G20, under pressure, struggles to provide an adequate response to the financial and climate challenges.

Kenya: China strengthens its presence in national energy infrastructure

In Kenya, China is consolidating its dominant position in the energy sector through massive exports of clean technologies and major infrastructure contracts, as Nairobi accelerates its energy and industrial targets for 2030.

Chinese energy investments: new models and challenges in Africa

Faced with the heavy debts of emerging countries, China is shifting its strategy in Africa, reducing massive loans in favour of targeted commercial investments as Western competition intensifies around clean energy technologies.
en_1140290956540-8

Ethiopia accelerates regional energy integration with Abbay Dam

Ethiopia is intensifying its role in East Africa's energy interconnection by focusing on hydropower and electricity exports to neighbouring countries.

Tullow Oil sells Kenyan assets to Gulf Energy for $120 mn and remains on standby

Tullow Oil sold its stakes in the Lokichar Basin to Gulf Energy while retaining a future entry right, marking a new step in its debt reduction strategy in Kenya.

Ethiopian Prime Minister visits TOYO solar site in Vietnam to support African expansion

The Ethiopian Prime Minister’s visit to TOYO’s factory in Vietnam signals a new phase in energy cooperation with the Japanese group, focusing on industrial expansion in Ethiopia.
en_1140290966540-4

Fuel shortage disrupts electoral logistics in Burundi

Burundi’s main opposition coalition warns of direct consequences from the energy crisis on the organisation of the June legislative elections.

Uganda finalizes historic agreement to build Hoima oil refinery

After several years of negotiations, Uganda officially signs an agreement to establish the Hoima oil refinery, a central project in the country's energy strategy aimed at reducing dependency on fuel imports.

Algeria strengthens its African strategy with an electricity project in Burkina Faso

The Algerian energy group Sonelgaz is offering its technical expertise to Burkina Faso to strengthen its electrical infrastructure, illustrating Algeria's strategic intention to consolidate its presence in sub-Saharan Africa’s energy markets.
en_1140290956540-22

The Rise of Off-Grid Solar in Africa: A Lever for Rapid Electrification

With 600 million Africans without electricity, massive investments in off-grid solar are emerging as a key solution. Cheaper and quicker to deploy than national grids, this model is attracting interest from donors and governments.

Germany Mobilizes 150 Billion Euros for a Partnership with Africa Around Hydrogen

Germany Mobilizes 150 Billion Euros for a Partnership with Africa Around Hydrogen
  • Populaires sur energynews.pro
Gibson Energy renews share buyback programme for 12 months
QatarEnergy and TotalEnergies launch final phase of major gas project in Iraq
South Africa: Supreme Court annuls Eskom’s permit for 3 GW gas power plant
Australian port congestion reshapes coal flows to South Korea
Acciona Energía deploys a 412MWp solar plant in Rajasthan

COP28: The ‘Unabated’ Fossil Energy Dilemma

The fate of the climate negotiations at COP28 rests on an ambiguity surrounding the term "unabated fossil fuels", evoking a decisive turning point in global climate policy.

Nigeria launches its Carbon Market Strategy

President Bola Tinubu announces the creation of a special committee to draw up a national strategy for the carbon market in Nigeria, marking a major turning point.

Kenya to set up 136 solar networks

Kenya is building 136 solar mini-grids to bring electricity to remote areas underserved by the national power grid. With more than 3,000 solar mini-grids installed in sub-Saharan Africa, off-grid solar energy is revolutionizing access to electricity for rural populations.
energynews_thumb

Menengai obtains a $72 million loan

Menengai, a Globeleq geothermal project in Kenya, obtains financing from two African banks and Finnfund.

Tulu Moye funded by SEFA

Tulu Moye, a geothermal power plant in Ethiopia, is receiving a grant from the Sustainable Energy Fund for Africa (SEFA).

CWP Global positions itself in Djibouti

CWP Global announces the signing of a landmark agreement with the Government of the Republic of Djibouti for the development of renewable energy in the region. The company will develop a renewable hydrogen plant with a production capacity of 10 GW.
energynews_thumb

Ethiopia: Tigray reconnected to the power grid

The Tigrayan capital, Mekele, has been reconnected to the national power grid after more than a year of being cut off due to the war.

Africa Oil partially dismissed in Kenya

Africa Oil was appealing the corporate income tax and VAT assessments of the Kenya Revenue Authority.

Ethiopia starts exporting electricity to Kenya

Ethiopia has announced that it has begun exporting electricity to Kenya under a 25-year agreement between the two countries.
energynews_thumb

Africa: EDP’s A2E Fund finances 9 projects

In Africa, on the sidelines of the COP27 in Sharm el-Sheikh, Egypt, 9 projects will be financed by EDP.

UK increases aid to Kenya

The UK announces at COP27 an additional £65.5 million for the Clean Energy Innovation Facility.

ACMI accelerates carbon market in Africa

The African Carbon Markets Initiative (ACMI) announces its ambition to reach 300 million carbon credits produced annually by 2030.
energynews_thumb

At COP27, Kenya calls for recognition of Africans’ “nightmare

Kenyan President William Ruto called at COP27 for recognition of Africa's "special needs

Voltalia Plans 300GW in South Africa

Voltalia has signed a Corporate Power Purchase Agreement (CPPA) with Richards Bay Minerals, a South African mining company.

In Kenya, End of the Gasoline Subsidy

Kenya is removing the gasoline subsidy because it is unsustainable, according to President William Ruto.
energynews_thumb

Africa Oil completes redesign of Kenya Oil Project

Dams in Africa: the largest projects

Hydroelectric projects in Africa are multiplying, exploiting the continent's wealth of water resources. Find out more about our biggest current projects.
barrage africain
Charger plus