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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

Société Nationale des Pétroles du Congo’s (SNPC) Maixent Raoul Ominga to Receive Lifetime Achievement Award at African Energy Week (AEW) 2026

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The award recognizes decades of leadership by the SNPC Director General in shaping the company’s growth and investment strategy, while strengthening the Republic of Congo’s position in Africa’s energy landscape

CAPE TOWN, South Africa, July 2, 2026/APO Group/ –Maixent Raoul Ominga, Director General of Société Nationale des Pétroles du Congo (SNPC), has been named the recipient of the Lifetime Achievement Award at African Energy Week (AEW) 2026. The honor recognizes more than two decades of service to Congo’s national oil company and a leadership career that has helped transform SNPC into a stronger, more diversified and increasingly influential energy company.

The Lifetime Achievement Award is the highest distinction presented during the African Energy Awards, held annually as part of AEW. The non-voting category recognizes individuals whose careers have left a lasting mark on Africa’s energy industry through sustained leadership, institutional development, investment promotion and contributions to regional cooperation.

Few leaders know SNPC as intimately as Ominga. Joining the company in 2001 in the finance and accounting department, he steadily rose through the ranks before being appointed Director General in 2018. Reappointed in 2022 and again in 2025 following the adoption of SNPC’s revised corporate statutes, his continued tenure reflects sustained confidence in a leadership style centered on long-term institutional growth, operational discipline and continuity.

Maixent Raoul Ominga represents the kind of steady, visionary leadership that has helped transform SNPC into a more resilient and forward-looking national oil company

Under Ominga’s leadership, SNPC has evolved from a traditional national oil company into a broader energy player with an expanding upstream portfolio and growing regional profile. The company continues to hold interests in many of the Republic of Congo’s largest producing assets while participating in new discoveries that have reinforced the country’s long-term exploration potential.

A defining feature of Ominga’s tenure has been a strategic shift toward long-term value creation through gas monetization. Under his direction, SNPC has played a central role in supporting the Congo LNG project, helping position the Republic of Congo among Africa’s emerging LNG exporters and accelerating the country’s transition toward large-scale gas development.

Institutional transformation has been equally central to his leadership. Ominga has overseen organizational restructuring, strengthened corporate governance and placed greater emphasis on operational performance, while steering SNPC toward increased use of domestic capital markets to reduce reliance on international lenders and strengthen local financial capacity. He has also prioritized workforce development, greater gender inclusion in leadership and the development of internal capabilities supporting gas and new energy initiatives.

His influence has extended well beyond SNPC. A longstanding advocate for stronger collaboration among Africa’s national oil companies, Ominga has consistently promoted regional partnerships, African financing solutions and energy sovereignty as essential to unlocking the continent’s long-term investment potential. This vision has helped elevate both SNPC’s regional profile and the Republic of Congo’s role in Africa’s evolving energy landscape.

Ominga’s leadership has also been recognized beyond the energy sector. In 2026, he was awarded the Gold Medal of the Ligue universelle du bien public, recognizing his leadership, commitment to the public good and contributions to economic and social development. The distinction reflects a leadership philosophy that extends beyond commercial performance, emphasizing institution-building, human capital development and the role of energy in supporting national progress.

“Maixent Raoul Ominga represents the kind of steady, visionary leadership that has helped transform SNPC into a more resilient and forward-looking national oil company,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “His commitment to building local capacity, strengthening governance and positioning Congo’s energy sector for the future makes him a deserving recipient of this year’s Lifetime Achievement Award. We congratulate him on this well-earned recognition.”

Distributed by APO Group on behalf of African Energy Chamber.

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Buenassa Chief Executive Officer (CEO) to Spotlight Democratic Republic of the Congo (DRC) Mineral Beneficiation Strategy at African Mining Week

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Etu Energias

As Buenassa advances one of the DRC’s first integrated copper and cobalt refining projects, CEO Eddy Kioni will join AMW 2026 to discuss investment, value addition and the partnerships driving the country’s mineral beneficiation agenda

CAPE TOWN, South Africa, July 2, 2026/APO Group/ –Eddy Kioni, CEO of Buenassa – the DRC’s first integrated metals trading company specializing in the supply of domestically beneficiated minerals – has confirmed his participation as a speaker at African Mining Week (AMW) 2026, taking place from October 14–16 in Cape Town.

Kioni will participate in the panel discussion Realigning National and International Goals to Advance Global Investment in Africa’s Value Chain, where industry leaders will examine strategies for mobilizing investment to strengthen Africa’s mining sector and accelerate value addition.

His participation comes as Buenassa advances its multi-phase copper and cobalt hydrometallurgical refinery in Lualaba Province, supporting the DRC’s strategy to maximize value from its critical minerals through domestic processing and the export of value-added products. Scheduled to begin operations by 2028, the facility is designed to produce up to 120,000 metric tons of high-grade copper cathodes and 20,000 metric tons of cobalt sulphate annually at full capacity.

Strategic partnerships with the DRC government and the UAE’s AHQ Group to accelerate the refinery project underscore Buenassa’s collaborative approach to mobilizing the capital, technical expertise and strategic partnerships needed to expand the DRC’s mineral beneficiation industry.

Beyond refining, Buenassa is pursuing an ambitious growth strategy across the mining value chain. In February 2026, the company submitted a $1.5 billion acquisition proposal for copper and cobalt producer Chemaf, a transaction that would significantly expand Buenassa’s upstream mining portfolio while strengthening integration across exploration, production, processing and international metals trading.

Serving as Africa’s Most Influential Mining Conference, AMW 2026 brings together governments, mining companies and investors, offering Kioni an opportunity to showcase Buenassa’s integrated investment model, share updates on the company’s flagship refinery development and engage with prospective partners.

Distributed by APO Group on behalf of Energy Capital & Power.

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Senegal’s Energy Minister Joins African Energy Week (AEW) 2026 Amid Rapid Oil and Gas Sector Expansion

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African Energy Chamber

As Senegal builds on record oil production, LNG development and domestic gas infrastructure, Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf will engage investors on the country’s next phase of energy growth

CAPE TOWN, South Africa, July 2, 2026/APO Group/ –Senegal’s Minister of Energy and Petroleum, Dr. El Hadji Abdourahmane Diouf, has been confirmed as a speaker at African Energy Week (AEW) 2026, taking place October 12-16 in Cape Town. His participation comes as Senegal enters a new phase of energy sector development following a cabinet reshuffle that separated the former Ministry of Energy, Petroleum and Mines into standalone Energy and Petroleum and Mines portfolios, placing greater institutional focus on the country’s rapidly expanding hydrocarbons sector.

AEW 2026 will provide a platform for Senegal to engage investors as it builds on recent upstream successes, advances domestic gas utilization and expands the infrastructure needed to support long-term energy security and industrial growth.

Minister Diouf assumed office in June 2026 following the formation of Senegal’s new government. As head of the Ministry of Energy and Petroleum, he is leading efforts to accelerate upstream development, expand domestic gas utilization and strengthen the regulatory framework supporting long-term investment. His appointment comes as Senegal transitions from hydrocarbon explorer to producer, seeking to leverage new oil and gas output to improve energy security, reduce fuel import dependence, lower electricity costs and support industrialization.

Senegal is entering an exciting new phase of energy development, backed by world-class oil and gas resources

The Sangomar offshore oil field exceeded production expectations in 2025, producing 36 million barrels, while exports reached approximately 3.8 million barrels in January 2026 alone. Operator Woodside Energy is evaluating a second phase of development that could further increase production. At the same time, the Greater Tortue Ahmeyim LNG project continues to ramp up operations while supplying 35 million standard cubic feet of gas per day to Senegal’s domestic market. In April, national oil company Petrosen secured full ownership of the Yakaar-Teranga gas field, home to an estimated 25 trillion cubic feet of gas that will underpin the country’s long-term gas monetization and gas-to-power strategy.

Beyond upstream development, Senegal is investing heavily in the infrastructure needed to monetize its gas resources domestically. Earlier this year, Petrosen launched its first independently operated $100 million onshore exploration campaign, while the government continues advancing plans for a proposed 400-km domestic gas pipeline network to connect offshore gas production with industrial consumers. As part of its objective to generate 75% of installed power capacity from natural gas, Senegal is also expanding gas-fired generation through projects including the conversion of the existing 335 MW Bel Air power plant and the construction of a new 366 MW gas-fired power plant.

Alongside these investments, Senegal is strengthening the policy framework underpinning long-term sector growth. This year, the government advanced reforms to its local content regulations aimed at increasing domestic participation across the petroleum value chain while adopting its first national standards for solar photovoltaic equipment. Together, these initiatives reflect Senegal’s strategy of leveraging natural gas development alongside renewable energy expansion to support sustainable economic growth.

“Senegal is entering an exciting new phase of energy development, backed by world-class oil and gas resources, ambitious infrastructure investments and progressive regulatory reforms. Minister Diouf’s participation at AEW 2026 provides investors with a timely opportunity to engage directly with the leadership shaping one of Africa’s most dynamic energy markets,” says NJ Ayuk, Executive Chairman of the African Energy Chamber.

At AEW 2026, Minister Diouf is expected to participate in high-level discussions on upstream investment, gas monetization, energy infrastructure and regional energy cooperation, highlighting Senegal’s growing role as one of West Africa’s leading investment destinations.

Distributed by APO Group on behalf of African Energy Chamber.

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