Globeleq’s 56MWp Kafue Solar Project Breaks Ground, Strengthening Zambia’s Energy Security Construction has officially begun on the Kafue Solar Project in Zambia’s Lusaka Province, marking a significant milestone in the country’s transition toward a more diversified and resilient energy mix. The 56MWp solar facility is being developed by Globeleq through the GET FiT Zambia programme and is expected to begin supplying electricity to the national grid in the third quarter of 2027. The project is
Angola and South Korea Strengthen Electricity Sector Cooperation to Accelerate Energy Infrastructure Investment Angola and South Korea have reinforced their cooperation in the electricity sector, paving the way for increased investment, technology transfer, and the development of critical energy infrastructure aimed at expanding access to reliable power across the country. The enhanced partnership reflects Angola’s ongoing efforts to modernize its power industry and attract international investment to support economic growth and industrial development. By leveraging
Tanzania Discovers 223 Bcf of Natural Gas at Mnazi Bay, Strengthening Energy Security and LNG Ambitions Tanzania has announced the discovery of an estimated 223 billion cubic feet (bcf) of natural gas at the Mnazi Bay field in the Mtwara region, marking the country’s first significant gas discovery in more than a decade. The discovery was made at the Kasa-1X ST2 exploration well and is expected to bolster Tanzania’s energy security while supporting industrial growth
Angola Attracts $10 Billion in Oil and Gas Investment Through Fiscal Reforms and Mature Field Development Angola is experiencing a resurgence in upstream oil and gas investment, with an estimated $10 billion being directed toward the development and optimization of mature oil fields. The renewed investor confidence comes as the country implements a series of fiscal reforms aimed at extending the productive life of aging assets, improving project economics, and maintaining its position as one
Nigeria’s $300 Million Renewable Energy Fund Covers Just 2% of Off-Grid Electrification Requirement Nigeria’s ambitious efforts to expand electricity access through decentralized renewable energy (DRE) solutions have received a significant boost with the establishment of a US$300 million fund. However, industry experts warn that the financing package addresses only a small fraction of the investment required to bring power to millions of Nigerians who remain disconnected from the national grid. According to energy sector stakeholders,
Namibia and Angola Prioritise N$941 Million Interconnector and Baynes Hydropower Project to Boost Regional Energy Security Namibia and Angola have reaffirmed their commitment to strengthening regional energy infrastructure by prioritising the N$941 million Angola-Namibia Interconnector and the long-planned Baynes Hydropower Project, two strategic initiatives expected to enhance power security, economic cooperation, and cross-border development. The projects were highlighted during the inaugural session of the Angola-Namibia Bi-National Commission (BNC) in Luanda, co-chaired by Namibian President Netumbo
Angola and Namibia Advance 860 MW Baynes Hydropower Project as Financing Plans Take Shape Angola and Namibia are working to accelerate the construction of the Baynes Binational Hydropower Project, a US$1.5 billion development on the Cunene River expected to strengthen electricity supply and energy security in both countries. The energy ministers of the two countries met in Luanda on 16 October 2026 to discuss the project’s implementation schedule, financing arrangements and outstanding administrative requirements needed
Botswana Plans 100 MW Power Exports by 2027 as Regional Energy Trade Expands Botswana is targeting electricity exports of at least 100 megawatts (MW) by the end of 2027, with Zambia among the regional markets it hopes to supply as it strengthens domestic generation and cross-border transmission infrastructure. The target forms part of Botswana’s broader strategy to achieve electricity self-sufficiency and transition from reliance on imported power to becoming a potential net exporter within the
Nigeria Offers 40 Oil and Gas Blocks as Africa’s Top Producer Seeks New Energy Investment Nigeria, Africa’s largest oil producer, has launched a new licensing round offering 40 oil and gas blocks to investors, as the country intensifies efforts to attract fresh capital into its energy sector and unlock untapped hydrocarbon resources. The initiative forms part of the government’s broader strategy to increase exploration activity, boost reserves, and strengthen long-term crude oil and natural gas
Tanzania Nears $42 Billion LNG Deal, Strengthening Bid to Become East Africa’s Energy Hub Tanzania is edging closer to securing one of Africa’s largest energy investments, as negotiations for a $42 billion liquefied natural gas (LNG) project approach their final stages. The development is expected to play a pivotal role in the country’s ambition to establish itself as a leading energy hub in East Africa. Finance Minister Khamis Mussa Omar indicated that discussions with investors
