Trafigura Withdraws from Angola’s $2 Billion Power Project Amid Development Challenges 1 Energy Corporate News Electricity International 

Trafigura Withdraws from Angola’s $2 Billion Power Project Amid Development Challenges

Trafigura Exits Angola’s $2 Billion Power Plant Project, Raising Questions Over Energy Expansion Plans Global commodities company Trafigura has withdrawn from a planned US$2 billion power project in Angola, creating uncertainty around one of the country’s major energy infrastructure developments. The project, which was expected to support Angola’s electricity generation capacity and strengthen industrial growth, was part of broader efforts to expand the country’s energy infrastructure and improve power supply reliability. Trafigura’s decision to step away comes after challenges surrounding the project’s development, financing structure and long-term commercial viability. The… Read More Here
Angola Approves 30-Year Electricity Corridor to Supply Power to DRC 2 Mining in DRC Electricity Energy 

Angola Approves 30-Year Electricity Corridor to Supply Power to DRC

Angola Grants Somagec 30-Year Power Transmission Deal to Export Electricity to DR Congo Angola has granted Somagec Energy Holding Limited (SEHL) a 30-year concession to develop and operate an electricity transmission system that will enable power exports to the Democratic Republic of Congo (DRC). The project, known as the Northern Corridor, will also strengthen electricity supply to Angola’s Cabinda Province. The concession was awarded under a Build, Own, Operate and Transfer (BOOT) model, allowing Somagec to take responsibility for financing, construction, operation, maintenance, and eventual transfer of the infrastructure to… Read More Here
Africa’s Grid Constraints Come Into Focus as Regional Markets Push Toward Integration 3 Energy Electricity Sponsored Content 

Africa’s Grid Constraints Come Into Focus as Regional Markets Push Toward Integration

Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet, across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand. In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest… Read More Here
Mission 300 Brings Electricity to Over 50 Million Africans, Accelerating Toward 2030 Target 4 Electricity Energy International 

Mission 300 Brings Electricity to Over 50 Million Africans, Accelerating Toward 2030 Target

Over 50 Million Africans Gain Electricity Access Under Mission 300, World Bank and AfDB Report The World Bank Group and the African Development Bank (AfDB) announced on June 16, 2026, that more than 50 million people across Africa have gained access to electricity under Mission 300, a flagship initiative launched in 2024 aiming to connect 300 million people by 2030. According to the two institutions, the program is now progressing at nearly twice the pre-launch pace, driven by investments across the full energy value chain, from generation to last-mile household… Read More Here
Energy Producers Call for Stronger Power Purchase Agreements to Unlock Electricity Investment in the DRC 5 Mining in DRC Electricity Energy 

Energy Producers Call for Stronger Power Purchase Agreements to Unlock Electricity Investment in the DRC

DRC Mining Week 2026: Energy Experts Say Power Purchase Agreements Are Key to Unlocking Electricity Investment and Mining Growth Energy stakeholders in the Democratic Republic of Congo are calling for stronger investment frameworks, particularly through power purchase agreements (PPAs), to unlock financing for electricity generation and address persistent power shortages affecting the mining and industrial sectors. Speaking during a high-level panel at the 21st edition of DRC Mining Week, energy producer and Kipay Energy Chief Executive Officer Eric Monga said the country’s energy challenge is not a lack of resources,… Read More Here
SNEL Intensifies Efforts to Strengthen Electricity Supply Across Kinshasa 6 Mining in DRC Electricity Energy 

SNEL Intensifies Efforts to Strengthen Electricity Supply Across Kinshasa

SNEL Accelerates Power Grid Modernization in Kinshasa With New 75 MVA Infrastructure Project Teams from the National Electricity Company, SNEL SA, continue to work around the clock to improve electricity supply and strengthen the power grid across several neighborhoods of Kinshasa. Technicians, engineers, and operational managers remain fully mobilized to modernize infrastructure and deliver more reliable service to the population. As part of ongoing efforts to monitor and accelerate electrical infrastructure modernization projects, the Director General of SNEL SA, Teddy Lwamba, deployed a high-level delegation composed of the Director of… Read More Here
Traditional Leaders Back Kalungwishi Hydropower Project as Development Gains Momentum in Northern Zambia 7 Mining in Zambia Electricity Energy 

Traditional Leaders Back Kalungwishi Hydropower Project as Development Gains Momentum in Northern Zambia

247MW Kalungwishi Hydropower Project Gains Strong Traditional Leadership Support, Set to Transform Luapula and Northern Provinces A major milestone in Zambia’s energy and industrial development agenda is taking shape as the 247-megawatt Kalungwishi Hydropower Project gains renewed momentum, with strong backing from government, the private sector, and traditional leaders whose communities are expected to benefit from the transformative investment. Located along the Kalungwishi River, the project is expected to become a catalyst for economic growth in Luapula and Northern Provinces by providing reliable electricity to support mining, agriculture, manufacturing, tourism,… Read More Here
Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project 8 Mining in DRC Electricity Energy 

Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project

Angola and DRC Plan 1,450km Power Transmission Network to Deliver Over 2,000MW of Electricity Angola and the Democratic Republic of Congo (DRC) are set to deepen their energy cooperation through the development of two major electricity transmission lines spanning more than 1,400 kilometers, according to DRC Minister of Water Resources and Electricity, Teddy Molendo Sakombi. Speaking in Luanda on Thursday after meeting Angolan President João Lourenço, Sakombi revealed plans for two cross-border power transmission projects. The first line will connect Angola’s Malanje Province to the DRC, while the second will… Read More Here
DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages 9 Mining in DRC Electricity Mining in Zambia 

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages

DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line linking Kalumbila in northwestern Zambia to Kolwezi, the heart of Congo’s copper belt. The line is expected to… Read More Here
Zambia Secures $1.5bn Energy Investment to Expand Power Generation Capacity 10 Mining in Zambia Electricity Energy 

Zambia Secures $1.5bn Energy Investment to Expand Power Generation Capacity

Zambia signs $1.5 billion deal with China Machinery Engineering Corporation to develop 900MW power mix and boost electricity output Zambia has secured a US$1.5 billion investment in its energy sector following an agreement between the Zambia Development Agency (ZDA) and China Machinery Engineering Corporation, aimed at expanding national electricity generation capacity. The project will deliver a diversified 900-megawatt (MW) power portfolio comprising three equal components: a 300MW coal-fired thermal plant, a 300MW solar facility, and a 300MW wind energy project. ZDA Director General Albert Halwampa described the investment as a… Read More Here

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