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SolarAfrica secures R1.5 billion to deliver more reliable, affordable power to South African businesses

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SolarAfrica

By combining utility-scale renewable generation with a more flexible delivery via wheeling, SolarAfrica is helping companies access greener energy without the upfront capital outlay traditionally associated with on-site solar systems

JOHANNESBURG, South Africa, February 10, 2026/APO Group/ —

  • SolarAfrica reaches financial close on SunCentral 2, unlocking the next 114 MW of its utility solar development that will have a total 1 GW at full scale.
  • The R1.5 billion investment, provided by FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Investec Bank Limited (acting through its Corporate and Institutional Banking Division), fast-tracks the delivery of reliable, cost-effective clean energy to SA businesses, with first power expected in 2026.
  • The project strengthens the national grid through continued investment in SunCentral’s Main Transmission Substation.

 

SolarAfrica (https://SolarAfrica.com) has secured financial close on R1.5 billion to build SunCentral 2, the next 114 MW plant of its flagship utility-scale solar development in the Northern Cape. The new funding, provided by RMB and Investec Bank Limited, is another significant step in boosting access to affordable and clean energy for South African businesses, with first power expected in 2026.

SunCentral 2 will follow SunCentral 1, which reached financial close at the end of 2024, also at 114 MW. Together with SunCentral 3, these projects form Phase 1 of the broader SunCentral vision, totalling 342 MW. At full scale, SunCentral is planned to reach 1 GW, positioning it as one of the country’s largest solar initiatives designed specifically for one-to-many, bilateral wheeling.

Businesses want power they can trust – clean, affordable and predictable – and SunCentral is being built exactly for that purpose

David McDonald, CEO at SolarAfrica, says: “Businesses want power they can trust – clean, affordable and predictable – and SunCentral is being built exactly for that purpose. It’s encouraging to see the confidence from our funding partners as we move into the next stage of delivery.

“More than a big solar project, SunCentral is a long-term infrastructure investment that gives companies the ability to manage their costs, cut emissions, and reduce their reliance on utility power that is often vulnerable to unpredictable tariff hikes. This next step gets us closer to bringing that value to even more South African businesses.”

As with the first plant, SunCentral 2 includes dedicated community-upliftment initiatives, ensuring local residents share in the social and economic benefits created by the project. Job creation, education, local procurement and skills development will continue to form a core part of the programme, supporting economic activity around the site in partnership with the project’s principal contractors.

SunCentral is also a key pillar of SolarAfrica’s overall wheeling pipeline – totalling 3 GW – which is currently under development across the country. By combining utility-scale renewable generation with a more flexible delivery via wheeling, SolarAfrica is helping companies access greener energy without the upfront capital outlay traditionally associated with on-site solar systems.

A portion of funding from each SunCentral plant is allocated directly to the development of the project’s Main Transmission Substation (MTS). Engineered for up to 2 GW of green-power evacuation capacity, the MTS strengthens the national grid while enabling future renewable generation to connect more efficiently.

“With wheeling, we have a model that puts control back into the hands of commercial and industrial customers. Instead of just surviving tariff hikes, it allows companies to plan for growth with a cleaner, more dependable energy mix,” says McDonald.

Distributed by APO Group on behalf of SolarAfrica.

Energy

African Petroleum Producers Organization (APPO) Chief Urges Joint National Oil Companies (NOCs) Projects at 8th Chief Executive Officers (CEOs) Forum During African Energy Week (AEW)

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African Energy Week

African Energy Week is currently hosting the 8th Annual APPO NOCs CEOs Forum at the CTICC in Cape Town

CAPE TOWN, South Africa, October 13, 2026/APO Group/ –H.E. Farid Ghezali, Secretary General of the African Petroleum Producers Organization (APPO) has issued a direct call to African National Oil Companies (NOCs) to move beyond high-level dialogue and focus on strategic cooperation for fast tracked delivery of upstream projects and local value creation.

 




 
 

Speaking at the 8th annual meeting of the CEOs of APPO NOCs at African Energy Week (AEW) on Monday, Ghezali emphasized that NOCs are no longer just oil companies, but vital platforms for national energy security and economic sovereignty.

Africa does not need an architecture of good intentions, but an architecture of delivery

“We have moved to how much value Africa can create from the energy it produces,” he stated, highlighting that NOCs must play a decisive role in reversing this imbalance. “To build a competitive sector, African NOCs must strengthen internal partnerships across critical areas, including refining technology, gas infrastructure, petrochemicals, and project financing.”

He urged African NOCs to combine domestic capacities, assets, and off-take agreements to de-risk projects and build a robust pipeline of bankable energy initiatives. The Secretary General highlighted the African Energy Bank as a crucial mechanism to ensure NOCs can finance strategic projects which they cooperate own to enhance regional energy sovereignty.

To ensure long-term impact, the Secretary General challenged delegates to focus on practical outcomes, asking: Which projects can our NOCs develop together? Where can we create integrated value chains? Which projects are we prepared to execute right now?

“Africa does not need an architecture of good intentions, but an architecture of delivery,” the Secretary General concluded, stressing that the true success of industry forums will be measured not by the conversations held, but by the tangible investments, implemented projects, and economic opportunities delivered to African citizens.

Distributed by APO Group on behalf of African Energy Chamber.

 

 




 

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Energy

History Will Be Signed in Abuja This Tuesday

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Nigeria Mining Week

Nigeria Mining Week set to host a landmark mining deal announcement and signing, described by organisers as the most significant since Segilola came online

ABUJA, Nigeria, October 12, 2026/APO Group/ –Nigeria’s mining sector is preparing for a defining investment moment. On Tuesday, 13 October, Nigeria Mining Week 2026 (https://NigeriaMiningWeek.com) is expected to host the announcement and signing of a major mining transaction before government leaders, mining executives, investors, financiers, chambers of mines, international institutions and technical partners.

 




  

Described by event organisers as the biggest mining deal announcement in Nigeria since Segilola came online, the moment is expected to signal a new phase in the country’s journey from mineral potential to bankable projects, operating mines, domestic processing and industrial value creation.

For years, the industry has spoken about Nigeria’s potential. On Tuesday, the conversation shifts from potential to execution.

A PIVOTAL MOMENT FOR NIGERIAN MINING

Nigeria is endowed with more than 44 commercially viable minerals across over 500 locations. Yet solid minerals still represent a comparatively small share of national economic output and exports, underlining the scale of the opportunity available through exploration, project development, beneficiation, responsible mining and stronger connections to capital.

Nigeria Mining Week 2026 is designed around that conversion challenge. Under the theme ‘Unlocking Investment and Growth through Partnerships’, the 11th edition connects policy, projects, finance, technology and markets, with investment readiness and bankable mining opportunities at the centre of the programme.

THE INDUSTRY’S MOST IMPORTANT ROOM THIS WEEK

Current event indicators point to a highly international and senior audience: 3,900 registrants, representation from 40 countries, 41% of registrants at director level or above, and 45% international exhibitor passes. These are registration and programme indicators rather than verified final attendance totals.

Across the conference, exhibition, CEO Roundtable, Critical Minerals Forum, Deal Room, Gold Forum, Steel Forum and Women in Extractive Industries Forum, participants will engage on geological data, project finance, licensing confidence, governance, ESG, power, logistics, beneficiation, local value addition and the infrastructure required to move projects into production.

WHO WILL BE IN THE ROOM?

The audience brings together institutions and companies spanning the full mining value chain. Confirmed programme, sponsor, exhibitor and registration records referenced by the organisers include:

Investors, financiers and development institutions

Africa Finance Corporation (AFC); Nigerian Export-Import Bank (NEXIM); Development Bank of Namibia; Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC); Mercuria Energy Trading NG; Critical Minerals Financing Corporation; Zigma Ltd.

Mining operators, developers and mineral-sector companies

Segilola Resources Operating Limited; DFR Gold; Promethean Resources; RapidLink Resources Ltd.; Titan Minerals; National Iron Ore Mining Company; Syils Group Nigeria Limited; Africa Gold Council; Jemaa Resource Project; mining and exploration businesses active across gold, lithium, iron ore, gemstones and industrial minerals.

Global industrial, equipment and technology companies

Mitsubishi Corporation; Marubeni; Sojitz; African Industries Group; LiuGong; XCMG; Sany; Sinotruk; SAIC Hongyan; Lonking; Shandong Xinhai; Mikano Motors; Solar Nigachem; Bristol Scientific; Benchmark Mineral Intelligence.

Chambers of mines, associations and international bodies

Miners Association of Nigeria (MAN); Mining Industry Association of Southern Africa (MIASA); Ghana Chamber of Mines; Botswana Chamber of Mines; Nigerian Society of Mining Engineers; Gemstones Miners and Marketers Association of Nigeria (GMMAN); Women in Mining Nigeria; International Lithium Association (ILiA); African Minerals Development Centre (AMDC); United Nations Economic Commission for Europe (UNECE); Zambia Extractive Industries Transparency Initiative (ZEITI); Centre for International Private Enterprise (CIPE); Nigerian-American Chamber of Commerce; China Mining Association of Nigeria (CMAN); ECOWAS-linked institutions and regional mining stakeholders.

VOICES SHAPING THE CONVERSATION

The programme features senior policymakers, operators, investors and technical experts, including Amb. Anna Westerholm of the Embassy of Sweden; Astrid Karamira of the International Lithium Association; Austin Menegbo of Segilola Resources; Dr Cameron Perks of Benchmark Mineral Intelligence; Dr Israel Ovirih of Critical Minerals Financing Corporation; Engr. Abdullahi Also of African Industries Group; Engr. Janet Adeyemi of Women in Mining Nigeria; Geert Klok of MIASA; Harikrishnan Tulsidas of UNECE; Jude Uzonwanne of the Africa Gold Council; and representatives of NEXIM, PwC Nigeria and Nigeria’s mining institutions.

WHY THIS MOMENT MATTERS

Tuesday’s expected announcement is intended to reinforce confidence that the next generation of Nigerian mining projects can attract serious capital, credible operating partners and long-term market interest.

A major transaction does more than fund one project. It can strengthen investor confidence, accelerate exploration, open supply chains, create demand for services and equipment, support jobs and show international capital that Nigeria’s mining opportunities are moving towards execution.

For investors, operators and suppliers, the commercial advantage is access: access to the principals behind the deal, to project owners seeking capital, to financiers and off-takers, to government decision-makers, and to the regional mining networks represented by MIASA and leading chambers of mines.

DON’T HEAR ABOUT IT ON WEDNESDAY

The handshake happens on Tuesday. The market hears about it afterwards.

Those inside Nigeria Mining Week will witness the moment, hear directly from the people shaping the transaction and take part in the conversations that follow. Those outside the room will be reading the headlines after the opportunity has already moved.

WILL YOU BE IN THE ROOM WHEN NIGERIA’S NEXT MINING MILESTONE IS SIGNED?

Secure your delegate pass today at https://NigeriaMiningWeek.com

EVENT DETAILS

  • Pre-conference: 12 October 2026
  • Main conference and exhibition: 13-14 October 2026
  • Venue: Abuja Continental Hotel, Abuja
  • Theme: Unlocking Investment and Growth through Partnerships

Distributed by APO Group on behalf of Nigeria Mining Week.

 

 




 

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Energy

Africa’s Dealmakers Convene as 10,000 Attendees Kick Off African Energy Week (AEW) 2026 in Cape Town

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African Energy Chamber

AEW 2026 is officially underway, bringing 10,000 registered delegates together for a week of investment, dealmaking and strategic dialogue across Africa’s energy sector

CAPE TOWN, South Africa, October 11, 2026/APO Group/ –African Energy Week (AEW) 2026 has officially kicked off with over 10,000 attendees convening in Cape Town for Africa’s biggest energy gathering of the year. Dubbed Africa’s premier dealmaking platform, the event has transitioned from a conference into a movement capable of reshaping the continent’s energy future. From government leaders and global energy majors to investors, financiers, national oil companies and technology providers, the industry has arrived in Cape Town to chart a new course for Africa’s energy development.

 




  

Technical Workshops Kick Off AEW Discussions

The AEW program has officially begun with the start of this year’s technical workshops. The 8th Meeting of the APPO NOCs CEOs’ Forum will bring African national oil companies together, while the Deal Room will give project sponsors and developers an opportunity to present active oil, gas, energy and infrastructure opportunities directly to investors and lenders.

The African Farmout Forum will showcase available acreage and farmout opportunities, while dedicated workshops and masterclasses will provide targeted engagement on markets, project finance and industry capacity. The Global Energy Leaders Forum will also put energy security, geopolitical realignment and investment at the center of discussions, examining how Africa can convert changing global energy flows into long-term contracts, final investment decisions and greater energy security.

Looking Ahead at AEW 2026

Over the coming days, AEW 2026 will explore opportunities emerging across the entire energy value chain in Africa. The AEW Townhall will bring governments and industry together around the strategic issues defining the continent’s energy future, while the Upstream E&P Forum will tackle licensing, exploration, drilling, M&A and production growth. The Energy Finance Forum, meanwhile, will put capital at the center of the conversation. The Energy Additions Forum will examine the infrastructure and resources required to expand reliable energy supply and support industrialization, while the Downstream & Petchem Forum will explore refining, fuels, petrochemicals and opportunities to capture more value from African resources.

Ten thousand delegates have come to Cape Town because Africa is ready to move projects forward

A Global Conversation in Cape Town

Alongside its commercial program, AEW 2026 will convene some of the most consequential global energy discussions taking place this year. Targeted sessions include the OPEC-Africa Roundtable; the Russia-Africa Energy Investment Forum; and the Global Energy Leaders Forum. A series of roundtables will drill further into issues affecting project development. These include the Local Content Roundtable as well as ministerial and country-focused discussions that bring governments directly into conversations with investors and operators.

AEW will also expand beyond traditional energy discussions through two dedicated conferences. Renegade Intel will explore the convergence of energy, artificial intelligence, data centers and digital infrastructure, while Power Africa Today will tackle power-sector investment, transmission, storage, grid modernization and the reliable electricity supply required to support African industrialization.

Celebrating Music and Energy Progress

AEW 2026 goes beyond conference dialogue. The first day of the event will close with the Just Energy Transition Concert, the event’s official pre-conference networking icebreaker and cultural showcase. The African Energy Awards & Gala Dinner returns on Tuesday to celebrate the companies, projects and individuals helping drive the continent’s energy industry forward.

Technology and Innovation Take the Exhibition Floor

Running alongside the main conference, dedicated technical stages – The Drill Room and The Innovation Hub – will host specialized presentations on exploration, subsurface technologies, LNG, infrastructure, asset integrity and other operational challenges. The exhibition will serve as another commercial hub throughout the week, connecting operators, service companies, technology providers, governments and prospective partners.

“Ten thousand delegates have come to Cape Town because Africa is ready to move projects forward. AEW is Africa’s energy movement – where governments, investors and industry come together to turn resources into projects, projects into deals and deals into development. This week is about action, investment and building Africa’s energy future on African soil,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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