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energy

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#energy

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Malawi’s Power Crisis Deepens Amid Worsening Electricity Shortages

Malawi’s power crunch is deepening, electricity officials have warned Parliament, as the national grid struggles to keep pace with soaring demand while being hobbled by frequent equipment failures, fuel shortfalls, and aging infrastructure. Representatives of the nation’s electricity company told lawmakers that Malawi is generating far less power than it requires, describing a system under strain from breakdowns and obsolete equipment even as consumption continues to climb.

New Nigerian Power Minister Commits to Stabilizing Grid in 100 Days

Nigeria's national electricity grid continues to face severe instability, plagued by frequent system failures that interrupt power distribution nationwide. Since President Bola Tinubu took office in May 2023, the grid has experienced at least 20 significant collapses, as reported by industry statistics compiled by early 2026. In response to these ongoing challenges, Joseph Tegbe, the minister-designate for power, has committed to addressing the persistent issue of grid failures, provided he is confirmed and officially takes…

Ghana to Construct 1,200MW Gas Power Plant to Prevent Energy Crisis

In a bold move to enhance the nation’s energy infrastructure, President John Dramani Mahama has unveiled plans for a significant expansion of Ghana's energy capacity through the development of a new 1,200-megawatt gas-fired power plant. This initiative aims to preempt potential energy shortages that have plagued the country with recent power supply disruptions. During the announcement, Mahama emphasized the pressing need for increased investment in the energy sector, highlighting that when his administration took office in…

Energy shock could strengthen the case for renewables

A war-triggered chokehold on the Strait of Hormuz has unleashed what the International Energy Agency describes as the most severe oil supply disruption the world has ever seen, after the US-Israeli attack on Iran sent shockwaves through global energy markets. And the turmoil is still unfolding. Analysts say the fallout from the energy shock could be felt for years - even decades, depending on how quickly the conflict ends - piling fresh pressure on economies and households already struggling to stay afloat. It’s only four…

EU launches measures to address energy crisis impact

Europe moved on Thursday to blunt the immediate shock of an energy crisis set off by the US-Israel war on Iran, with the European Commission unveiling a package of emergency and medium-term steps aimed at shielding households, businesses and heavy industry from surging costs. At the heart of the response is a temporary easing of EU state aid rules, giving member states more room to deploy public money to soften the blow of higher energy prices for consumers and industry. That support could take the form of price controls,…

Somali Prime Minister opens new energy ministry headquarters in Mogadishu

Wednesday April 22, 2026 Mogadishu (AX) — Somali Prime Minister Hamza Abdi Barre on Tuesday opened the new headquarters of the Ministry of Energy and Water Resources in Mogadishu, presenting the move as part of a broader drive to modernize state institutions and improve public services. At the inauguration, Barre said the new facility would give the ministry stronger institutional backing and better support its work as the government moves to expand access to basic services. “This modern building, equipped to meet the needs…

EU says measures to ease energy costs must have an end date

With energy costs climbing again, Europe is being urged not to repeat the expensive policy mistakes made during the 2022 crisis. European Economic Commissioner Valdis Dombrovskis said governments should make sure any support for households and businesses is tightly targeted and comes with a clear end-date. Speaking at the International Monetary Fund, Mr Dombrovskis said efforts to blunt the impact of rising prices linked to the closure of the Strait of Hormuz, following the US-Israeli war on Iran, must not end up encouraging…

Somali president, Turkish energy minister hold talks in Mogadishu

Saturday April 11, 2026 Mogadishu (AX) — Somalia and Türkiye took a major step Friday toward the country’s first offshore deep-water oil drilling project, as President Hassan Sheikh Mohamud met with Turkish Energy and Natural Resources Minister Alparslan Bayraktar in Mogadishu. The talks centered on deepening the two countries’ strategic ties, with energy, natural resources and the blue economy high on the agenda. President Mohamud said the partnership had entered what he called a historic phase, underscoring the arrival of…

Energy Buyers Shift Focus to Africa Amid Rising Middle East Tensions

The escalating conflict in the Middle East is prompting a significant shift in oil procurement strategies among European and Asian buyers, who are increasingly turning to African oil-producing nations. These countries not only offer lower insurance costs but also promise more consistent delivery timelines compared to the high-risk regions of the Middle East. According to industry analysts, leading African energy players—namely Nigeria, Libya, Angola, Gabon, Mozambique, Namibia, and Tanzania—are being regarded as safer…

Ethiopia Faces Energy and Fertilizer Shock From Middle East Turmoil

By Omar M. ElmiWednesday April 1, 2026 A war far from Ethiopia’s borders is already sending tremors through the country’s economy. The fighting in the Middle East is inflicting heavy human and material losses, but its reach is extending well beyond the battlefield, with disruptions that could hit trade, fuel supplies and food production in countries thousands of kilometers away. Ethiopia, landlocked and home to more than 120 million people, sits squarely in that danger zone. The risk is rooted in a basic structural…