Africa’s power market is changing fast — and private capital is driving it/in /by
Over the past few years, several African countries have sparked change in their grid infrastructure and electricity generation by involving the private sector.
Fossil fuels still dominate in Africa’s electricity future – study tracks 3,139 power plants/in /by
Only about 57% of the people in Africa have access to electricity, the vast majority of them in sub-Saharan Africa. To meet the United Nations goal of everyone having access to affordable electricity by 2030, African countries will need to rapidly expand electricity generation.
Standard Bank to finance Africa’s renewable energy boom/in /by
In 2025, Standard Bank saw Africa’s shift toward renewable energy financing outpace non-renewable energy by an 8:1 ratio. Reflecting this trend, even Eskom, which has traditionally relied on coal, has launched a new business unit focused on developing utility-scale renewable energy projects. With this momentum, the financial institution is energised to finance the continent’s clean energy boom.