Tanzania
Tanzania targets power exports after inaugurating $2.82bn hydropower plant
Tanzania's 2,115 MW Julius Nyerere hydropower plant has helped create an electricity surplus credited with boosting industry and GDP growth while opening the way for regional power exports.
Tanzania, Uganda sign Vitol deal for Tanga energy hub that could draw over $20bn
Tanzania and Uganda have signed a non-binding agreement with Vitol Bahrain to develop a regional energy hub at Tanzania’s Port of Tanga, in a project that could attract more than $20bn in investment
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Number of people living in each city - OWID
Most of the world’s fastest-growing megacities will soon be in Africa. Many cities across East Asia and Latin America have grown quickly over the last few decades.
Airtel Money selects London for planned 2026 IPO
Airtel Money is among Africa’s biggest mobile financial services platforms, serving 56.5mn customers across 14 countries.
African countries see SMRs as key to future nuclear development
Small modular reactors are increasingly being seen as the future of nuclear power in Africa, with a growing number of countries viewing the technology as a way to expand electricity access and support long-term economic development.
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World Bank backs Eastern Africa power grid integration with $1.6bn programme
The World Bank Group has approved a $1.6bn financing package for the RETRADE-EA, a 10-year initiative aimed at expanding cross-border electricity trade in east Africa and strengthening regional grid integration.
World Bank, AfDB joint initiative Mission 300 connects 50mn people amid African electrification drive
Mission 300 has connected more than 50mn people to electricity across 40 African countries since its launch in 2024, marking a key milestone towards its target of reaching 300mn people by 2030.
World Bank cuts Sub-Saharan Africa growth forecast as energy shock bites
The World Bank warns that higher energy costs and weaker external demand stemming from the Middle East conflict are outweighing the benefits of structural reforms, stronger commodities prices
Tanzania's stalled $1bn uranium project Mkuju River gains momentum after talks with Russian partners
Put on ice when uranium prices plummeted in 2011, the project is being developed by a subsidiary of Russia’s Uranium One Group.