Richard Nelson, Coordinator, Power Africa

(24 March 2023) The Mauritius Commercial Bank Limited (“MCB”) is pleased to announce that it has acted as joint Mandated Lead Arranger (MLA) in relation to an initial senior loan facility to support Infinity Power on its acquisition of Lekela Power. Infinity Power is a joint venture between Egypt’s Infinity and UAE’s Masdar. The transaction […]

The Powering Africa Summit (PAS24) will mark the close of Power Africa’s 10th year Anniversary celebrations. As summit hosts, Power Africa talks to EnergyNet about the ideas, goals and opportunities to be discussed in March.  Why is PAS 2024 important for Power Africa? The Powering Africa Summit 2024 is important for Power Africa because we are going […]

In July 2023, Meridiam announced its acquisition of Rift Valley Energy (RVE), in a move set to grow its renewable energy portfolio and support rural electrification in southern Tanzania. With both companies speaking at the 5th Tanzania Energy Cooperation Summit (TECS24), EnergyNet caught up with Michael Gratwicke, CEO of RVE, and Matthieu Odoux, Senior Associate at Meridiam. […]

This new reliable energy infrastructure will help tackle load-shedding – and keep the lights on. Globeleq, the leading independent power company in Africa, announced on Friday 5 April that its Red Sands project in the Northern Cape has been awarded Preferred Bidder status in South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme (ESIPPPP). […]

Datacentres are poised for major growth – not least in South Africa, where they could help drive regional economic growth and job creation. Richard Doyle, MD, JUWI Renewable Energies, and a speaker at aef24 in Barcelona, explains why embracing clean energy solutions will be essential. Data centres are quickly becoming pivotal to South Africa’s economic […]

With a new fund accelerate Africa’s transition to sustainable energy, EnergyNet spoke to Rachel Moré-Oshodi, CEO of ARM-Harith Infrastructure Investment, about de-risking investments, identifying opportunities, and catalyzing local capital at an unprecedented scale.   Congratulations on the anchor investment from AfDB into your Fund for Sustainable Infrastructure announced in December! How did this come about […]

Nicole Poindexter founded Energicity in 2015 to solve the problem of bringing sustainable electricity to unserved rural communities in Africa. She spoke to EnergyNet about her latest projects in Liberia, the power of partnerships – and why it’s critical to bring Africa to the United States. You have just commissioned two mini-grids in Liberia – congratulations and please tell […]

WEST AFRICA: 16-Dec-2024: The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The catalytic investment, to be sourced from the Bank-managed […]