AGP Executive Report
Last update: 7 hours agoPower Projects: Nigeria’s 330kV North Core corridor linking five West African countries is 75% complete, but insecurity and construction delays threaten delivery. Nigeria also commissioned a 1.6MW solar hybrid mini-grid at Federal University Lafia, expected to save ₦30 million a month. South Africa: Nersa registered 144 new generation facilities totalling 3,129MW and R78.16-billion in investment from July to September, while national generation fell 5.2% in September as consumption rose. Investment: Dangote has begun work on a $2.5bn fuel storage hub in Namibia, aimed at supplying Southern African markets. The newly established $5bn Africa Energy Bank is intended to help finance projects as Western lenders retreat. Renewables: The IEA forecasts nearly 4,800GW of new global renewable capacity by 2031, with additions in Africa, Southeast Asia and the Middle East expected to triple.
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