Energy & Cleantech
The latest Energy & Cleantech stories, scored against the thesis and threaded over time.
MAX: profitability is the number that changes the conversation
Most African e-mobility companies are still burning through investor money to prove their model works. MAX says it has already crossed into profit — and that claim, if it holds, reframes what this round actually is.
Read the full story →Hot Storylines
What’s developing right now — ranked by recency, momentum, and importance.
- 1
Nigerian E-Mobility Startup MAX Extends Series B3 to $29 Million With Climate Fintech Nithio
Latest: Nithio's participation formalised as MAX's Series B3 extension reaches $29M, with expansion into solar charging across multiple African markets confirmed.
- 2
Lagos to Review Private Investment in City Electricity Market in November
Latest: Eko Power publicly confirms its licensed distribution company status under Lagos State's electricity framework
- 3
Shell Sells Nigeria Gas Distribution Business to Vaaris Energy
Latest: Additional reporting confirms Vaaris as the local buyer of Shell's Nigerian gas distribution business, identifying the faces behind the acquiring firm
- 4
Circle Gas Faces Kenya's Carbon-Credit Model Test After Koko's Collapse
Latest: Analysis of Copia and Koko collapses surfaces structural flaws in both last-mile commerce and carbon-credit financing models as Circle Gas faces similar scrutiny
The feed
- 2026-10-17TakeUnverified — not yet reviewed
MAX's $29M E-Mobility Round
Most African e-mobility companies are still burning through investor money to prove their model works. MAX says it has already crossed into profit — and that claim, if it holds, reframes what this…
- 2026-10-17TakeUnverified — not yet reviewed
EBRD's $20.9M Beacon Power Bet
Nearly four in every ten of Nigeria's electricity customers have no meter. They get an estimated bill, dispute it, stop paying, or pay less than they owe — and the distribution companies haemorrhage…
- 2026-10-17Unverified — not yet reviewed
Oil Spike Risks Nigeria Fuel Costs
Brent crude rising to $110 per barrel is placing direct pressure on Nigeria's post-subsidy fuel pricing stability, threatening the consumer relief that followed subsidy removal. The macro risk is…
- 2026-10-17Unverified — not yet reviewed
Who Gains From Nigeria-Russia Energy?
New analysis questions who the primary beneficiaries of Nigeria's energy partnerships with Russia are, raising geopolitical risk considerations for investors in the country's energy sector. The piece…
- 2026-10-17Unverified — not yet reviewed
Ghana Utility Billing Crisis Deepens
Opaque billing adjustments by Ghana's Electricity Company of Ghana have triggered a consumer backlash, with calls for the Public Utilities Regulatory Commission to intervene. The dispute highlights…
- 2026-10-16Unverified — not yet reviewed
SA Solar Glut Threatens Wheeling Deals
South Africa's midday solar generation surplus is creating a curtailment risk for private wheeling agreements, with producers facing uncompensated output cuts during peak generation hours. The…
- 2026-10-16Unverified — not yet reviewed
Shell Exits Nigeria Gas to Vaaris
Shell has agreed to sell its Nigerian gas distribution business to local company Vaaris Energy, continuing a pattern of major international oil companies divesting downstream Nigeria assets.…
- 2026-10-16Unverified — not yet reviewed
Nithio Backs MAX EV Startup
Climate fintech Nithio has made its second African e-mobility investment by backing Nigerian EV startup MAX as part of a $29 million Series B3 round. MAX's reported profitability is being highlighted…
- 2026-10-16Unverified — not yet reviewed
Finnfund's First Africa EV Debt
Finnish development finance institution Finnfund has made its first African electric vehicle investment, providing an $11.2 million debt facility to Bisedge. The deal follows a separate $20 million…
- 2026-10-16Unverified — not yet reviewed
Solarise Africa Expands Regionally
Kenya-based solar leasing firm Solarise Africa has received a $1.12 million grant to extend its off-grid B2B energy model into Uganda and Zambia. The expansion is being read as a signal that the…
- 2026-10-16Unverified — not yet reviewed
Nigeria Energy Inflation Doubles
Nigeria's energy inflation rose to 10.85 percent in September 2026, more than doubling from the previous reading. The increase raises operating costs for startups and manufacturers dependent on grid…
- 2026-10-15Unverified — not yet reviewed
MAX Hits $29M, Eyes West Africa
Nigerian electric-mobility startup MAX has extended its Series B3 funding round to $29 million, with climate fintech Nithio among the backers, according to company disclosures. The round is intended…
- 2026-10-15Unverified — not yet reviewed
Africa Q3 Electricity Price Rankings Out
A new pan-African benchmarking of electricity prices in the third quarter of 2026 identifies the ten countries with the lowest tariffs on the continent. The data offers operators and investors rare…
- 2026-10-15Unverified — not yet reviewed
Eko Power Confirms Lagos Licence
Eko Power Limited has publicly affirmed its status as Lagos State's licensed electricity distribution company under the new state-level power framework. The confirmation is relevant for investors…
- 2026-10-15Unverified — not yet reviewed
Africa Energy Startup Award Opens
Applications have opened for the 2026 Africa Energy Entrepreneurship Award, a grant programme targeting early-stage clean energy startups on the continent. No disclosed funding quantum has been…
- 2026-10-15Unverified — not yet reviewed
France Nationalises Eramet Stake
The French state has become the largest shareholder in Eramet through a €500 million capital increase, a move that signals intensifying strategic competition for critical minerals with supply…
- 2026-10-14TakeUnverified — not yet reviewed
Dangote IPO Extended, Profit Confirmed
An IPO already subscribed three to four times over doesn't usually need more time. Yet Nigeria's Securities and Exchange Commission granted a 14-day extension — and the stated reason is the one worth…
- 2026-10-14Unverified — not yet reviewed
Circle Gas Tests Carbon-Credit Model
Following the collapse of Koko Networks, Kenya-based Circle Gas is facing scrutiny over its $156 million in net liabilities as a test of the viability of the clean-cooking carbon-credit financing…
- 2026-10-14Unverified — not yet reviewed
Kigali Centres Africa Carbon Debate
Rwanda's capital Kigali is hosting the Carbon Markets Africa Summit 2026, positioning the country at the centre of the continent's emerging carbon trading ecosystem. The event brings together…
- 2026-10-14Unverified — not yet reviewed
Shell Exits Nigeria Gas Business
Shell has agreed to sell its Nigerian gas distribution business to Vaaris Energy, continuing a trend of major international oil companies divesting their Nigeria downstream assets. The transaction…
- 2026-10-14Unverified — not yet reviewed
Africa's Bitcoin Mining Paradox
Analysis highlights the gap between Africa's relatively low energy costs and its negligible share of global Bitcoin hash rate, framing the discrepancy as an underexplored opportunity for crypto…
- 2026-10-14Unverified — not yet reviewed
Vodacom Bets on Clean Power Strategy
Vodacom is deploying virtual wheeling arrangements and an ESG energy strategy as mechanisms to shift its power sourcing away from carbon-intensive grid electricity in South Africa. The approach…
- 2026-10-13Unverified — not yet reviewed
Eskom Unbundling Investment Case Made
An analysis of Eskom's transmission unbundling process frames the reform as a structural investment opportunity for South Africa's electricity grid, arguing the grid cannot wait for further delays.…
- 2026-10-13Unverified — not yet reviewed
Nigeria Energy Firms Enter FTSE Index
Nigerian indigenous energy companies Aradel and Oando have been added to the FTSE Frontier Index, bringing the country's domestic oil sector operators into international benchmark tracking for the…