AGP Executive Report
Last update: an hour agoZambia’s Solar Surge: Installed power capacity has climbed to 4,722 MW, with solar reaching 1,027.5 MW—already above the country’s 2026 target. Officials say transmission and distribution investment must catch up. South Africa’s Grid Pivot: With surplus electricity at some times, the government is prioritising battery storage and gas-to-power to stabilise the grid and make better use of supply. Nigeria’s Oil Push: The regulator has opened a licensing round offering 40 oil blocks as production rises; President Tinubu says reforms could unlock $50 billion in deepwater investment. Refining Across East Africa: Kenya and Uganda have approved local investors’ participation in Dangote Refinery’s IPO, part of the company’s regional expansion plans. Solar Growth: Africa is projected to install a record 17 GW of solar this year, while Nigeria has launched a $300 million fund for distributed renewable power. Fuel Pressure: South African petrol has topped R30 a litre as higher global oil prices add to household and transport costs.
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