News Update - March 2026: Part 2

Burundi - SOLEIL–Nyakiriza Solar Programme Extended with Additional Donor Support
The latest extension introduces a further two-year implementation period, supported by financing and technical assistance from GIZ and the ESMAP. More

Côte d’Ivoire - Sokhoro Solar Plant Reaches Financial Close
The project is being developed by Poro Power 1, a special purpose vehicle led by PFO Africa. It is structured as an independent power producer. More

Côte d’Ivoire - Daystar Power to install 5.2 MW Solar Plant for SC CI
Daystar Power Group has signed an agreement with Société de Ciment de Côte d'Ivoire for the development of a 5.2 MWp solar plant. More

Mozambique - AfDB Approves $150M USD Floating Solar Plant at Cahora Bassa
The project will be implemented by Electricidade de Moçambique and provide electricity directly to the existing Cahora Bassa hydropower system. More

Nigeria - Starsight Secures $15M USD Mezzanine Financing from BI
The funding will be deployed across Starsight’s existing operations in Nigeria and Ghana, with the majority of the capital expected to be allocated to Nigeria. More

Nigeria - REA Disburses $2.5 Million to Zanoplus for Bauchi Mini-Grid Deployment
The disbursement is structured under the Distributed Access through Renewable Energy Scale-up (DARES) programme. More

Senegal - Afreenergy Solar Secures $4.6M to Expand Solar and Storage
The financing is from the Private Infrastructure Development Group (PIDG) and will be used to scale operations in Senegal and deploy up to 30 MW of solar. More

South Africa - STANLIB Reaches $282M USD First Close on Energy Transition Fund
The fund is backed by institutional investors, including Standard Bank and Liberty Group, with STANLIB acting as fund manager. More

South Africa - Envusa Energy Reaches Operations on 240 MW Mooi Plaats Solar Plant
Electricity generated by the plant is supplied to industrial off-takers including Kumba Iron Ore, De Beers and Valterra Platinum under long-term PPAs. More

South Africa - Sturdee Energy Brings Dwaalboom Solar Plant into Operation
Developed by Sturdee Energy, the plant is now supplying electricity directly behind the meter to PPC’s facility. More

South Africa - Sturdee Energy Achieves Operational Status with Slurry Solar Plant
PPC’s Slurry cement plant has reached Commercial Operation Date (COD) for its 10 MW solar PV installation. More

South Africa - Emergent Energy Delivers 7.08 MW Solar Plant for Coega Steels
Emergent Energy has completed and handed over Phase 2 of a solar PV installation for Coega Steels, bringing total installed capacity at the site to 7.08 MWp. More

Zimbabwe - Clover New Energy Advances 20 MW Solar Plant
The project has an estimated cost of $20 million. EPC is being undertaken by China Western Power Industrial Company. More

AfDB and NDF Back $11.3M P-REC Facility to Unlock Mini-Grid Financing
The facility acts as the recipient entity, aggregating capital and deploying it to eligible mini-grid developers across fragile and conflict-affected markets. More