Geostrategic Daily

Semafor (Africa / Gulf newsletters) · 5 October 2026

Solar market set for Africa boom, says report

A report by the research firm Wood Mackenzie projects that Sub-Saharan Africa's off-grid solar market will expand by 450% by 2035, with more than 35% of installations expected in Nigeria. It links the shift away from diesel generators to higher fuel prices following the Iran war, the removal of subsidies in Nigeria and a fall in solar panel prices over recent decades. Kenya and DR Congo are also projected to be major solar hubs, and the report says blended funding models and consistent rural electrification policies are needed to bridge the power gap.

Why it matters: The projected displacement of diesel generation by solar bears on the briefing's energy transition theme, because grid failures, subsidy removal and fuel prices determine how African economies secure power.

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Record

Source
Semafor (Africa / Gulf newsletters) (tier 1)
Published
5 October 2026
Link
https://www.semafor.com/article/10/05/2026/off-grid-solar-market-set-for-boom-in-africa-report-says
Content depth
partial
Regions
sub-saharan-africa
Subregions
west-africa, east-africa-horn
Actors
Wood Mackenzie, Nigeria, Kenya, DR Congo
Edition
2026-10-06

Grounding

Verbatim spans from the source text that support the summary above.

expand by 450% by 2035
more than 35% of installations projected to be in Nigeria
blended funding models and consistent rural electrification policies