aefTV 2022 – Shirley Webber, Head of Natural Resources and Energy – ABSA

South Africa’s Pele Green Energy (PGE) was one of 28 inaugural IPPs to be granted a power generation license in 2011.  With a narrative of entrepreneurship, innovation and tangible impact, Gqi Raoleka, MD of Pele Green Energy, spoke to EnergyNet about the journey.  Pele is 15 years old this year, tell us about your journey as an IPP […]

Lion’s Head Global Partners Managing Director James Doree speaks to Bill Lumley about progress in funding Africa’s energy transition. How do Lion’s Head funds play a role in Africa’s energy transition? It comes down partly to what we mean by energy transition. Our funds all have the ethos of targeting an issue and being able […]

(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 EAC has partnered with EnergyNet to help fulfil its pledge to bolster the region’s energy sector, citing a dedicated regional event as the perfect platform to spark debate and change. An agreement has been signed in Washington DC confirming the patronage of the EAC for EnergyNet’s future editions of the Tanzania Energy Cooperation Summit (TECS). The partnership […]

Known as one of most influential figures in the African power sector, Akinwole Omoboriowo heads up Genesis Energy Group, a multi-award winning energy infrastructure development, climate impact investment and asset management group of companies. EnergyNet caught up with him after he spoke at the Powering Africa Summit, 5-6 March, Washington DC.    What was your […]

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). […]

The third report on ‘European financial flows on SDG7 to Africa’, commissioned by the Africa-EU Energy Partnership (AEEP), shows that current investments towards the UN Sustainable Development Goal 7 (SDG7) in Africa have led to notable progress, but larger efforts will be required to reach universal clean energy access on the continent. Building on the […]

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 […]