22 October 2026 – Daily Review of Infrastructure Financing and Investment in Africa

22 October 2026

The selected reports cover energy distribution infrastructure, electricity supply for industrial and agricultural activity, and cooperation in water management. They also present an initiative to strengthen Uganda’s financial sector in support of climate investment. Investment announcements feature alongside planned new capacity and experience from existing infrastructure.


 

Kenya Aliko Dangote announces acquisition of approximately 25% of Kenya Pipeline Company

In reports published on 22 October, Aliko Dangote states that he has acquired approximately one quarter of Kenya Pipeline Company, a petroleum products transport operator, to expand his group’s distribution capabilities in East Africa. The Star reports a 24.76% holding, while Punch and The Guardian give the rounded figure of 25%. At the Financial Times Africa Summit in London, he also outlined plans for storage and distribution corridors connecting several African markets.

Sources: The Star · Punch · The Guardian Nigeria


 

Benin Glo Djigbé Industrial Zone outlines an energy programme exceeding 625 MW

According to La Nouvelle Tribune on 21 October, SIPI-Bénin’s director general outlined plans for a thermal plant exceeding 225 MW, solar farms totalling 300 MW and approximately 100 MW of rooftop solar at the Glo-Djigbé Industrial Zone. The projects were presented during the 21–22 October forum organised by Afreximbank, the industrial zone and Panafritex. The forum programme brings together industrial financing, logistics infrastructure and access to buyers.

Sources: La Nouvelle Tribune · L’Événement Précis · Benin Web TV · Africa Buyers Programme · The Rio Times


 

Uganda EIB Global and the central bank sign agreement to strengthen climate finance

On 21 October, the European Investment Bank announced a cooperation agreement between EIB Global and the Bank of Uganda. Technical assistance will cover climate-risk supervision, disclosure by financial institutions and implementation of the national green taxonomy. Funded by Germany and Luxembourg, the programme also provides for support to commercial banks to develop green lending practices.

Sources: European Investment Bank


 

Lesotho and South Africa Conference reviews forty years of cooperation on water transfers

According to SABC News on 21 October and Channel Africa on 22 October, the Lesotho Highlands Development Authority is holding a three-day conference marking forty years of the Lesotho Highlands Water Project. The partnership transfers water from Lesotho’s Senqu–Orange basin to South Africa’s Vaal system and enables hydropower generation in Lesotho. The conference brings stakeholders together to review the programme’s record and prospects.

Sources: SABC News · Channel Africa


 

South Africa Case study links financing and design of an agricultural solar mini grid

In an article published on 21 October, Rhino Energy Solutions describes an agricultural project combining 3 MWp of solar, 6.6 MWh of storage and approximately 22 km of power lines. According to the company, Nav.Energy finances the system through a power purchase agreement, with Rhino Energy Solutions as an equity partner. Presented at Solar & Storage Live Cape Town, the case study describes integrating financing into system design.

Sources: Lifestyle & Tech


 

Information notice

This review has been prepared for information purposes using publicly available sources. The information and opinions reported are those of the cited sources and do not necessarily reflect the views or position of the Secretariat of the Infrastructure Consortium for Africa (ICA) or its members. The selection of content and references to institutions, companies or projects do not constitute endorsement or recommendation. This review does not claim to be exhaustive; readers are encouraged to consult the original sources before making decisions or using the information.


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