Erik Fernstrom

6th June, 2025

Andrew Herscowitz

Latest news

How NIWIMNRO is Transforming the Sector for Women

EnergyNet spoke to Felicia Dairo from the Nigerian Indigenous Women in Mining and Natural Resource Organisation (NIWIMNRO) prior to their upcoming launch that is taking place on the 15th July in Abuja, Nigeria about NIWIMNRO and what they hope to achieve in the future. What inspired the creation of NIWIMNRO? It all began with a […]

AMDA and UNDP Partner to Accelerate Minigrid Deployment Across Africa

Cape Town, 25 June 2025 — The United Nations Development Programme (UNDP) and the Africa Minigrid Developers Association (AMDA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in accelerating the deployment of sustainable minigrids across Africa. The MoU was signed on 19 June during the Africa Energy Forum (AEF) held in Cape Town, South Africa. The […]

Globeleq’s Red Sands Battery Energy Storage Project Reaches Financial Close

CAPE TOWN, 1 July 2025: Globeleq, a leading independent power company in Africa and its project partner, African Rainbow Energy, have reached financial close on the 153 MW/612 MWh Red Sands battery energy storage project (BESS) in South Africa. The project is Africa’s largest standalone BESS facility to reach financial close. Signing of the project […]

TDB Group Signs Landmark Agreements With Leading Dre And Clean Cooking Companies To Deliver Clean Energy Access For 3 Million People Within A Year, As Part Of An Initial String Of Deals

The agreements signed on the sidelines of AEF are part of TDB Group’s Regional Energy Access Financing Platform, a first-of-its-kind platform supported by the World Bank’s ASCENT Program under Mission 300 Cape Town, 19 June 2025 – The Trade and Development Bank Group (TDB Group), and its concessional and grant window, the Trade and Development […]

Challenges, and Opportunities in SA’s Power Market Reform

By Kesh Mudaly and Adwoa Banful – BCG South Africa Power Sector Experts Q1: What does power market reform entail for South Africa, and what are the main goals? (KESH) Market reform in South Africa involves a fundamental restructuring of the power sector to improve efficiency, reliability, and competition. At its core, reform includes transitioning […]

Pioneering a New Model for Financing Renewable Energy in Africa

Lusaka, 18 June 2025 – In a major step forward for renewable energy in Africa, Serengeti Energy and Kwama Energy, together with four impact lenders, have partnered to develop the Ilute Solar Project (Ilute), located near Sesheke in Western Zambia. This 32MWp project is the first project financed power venture to supply electricity via the […]

How development finance can increase energy access in Africa – and how governments can accelerate this

BII CEO, Leslie Maasdorp, outlines some of the steps that could help bring the benefits of electricity to 300 million more Africans by the end of the decade. Energy is the foundation of development – in Africa, and globally. Sustainable prosperity involves many things – good healthcare, digital technologies, efficient transportation, decent jobs and more […]

Robust Transmission Infrastructure Is the Linchpin for Addressing Africa’s Energy Crisis

By Sarvesh Suri, IFC Regional Industry Director for Infrastructure and Natural Resources, Africa The progress in power generation across Africa has been encouraging: 26 GW of renewables-based generation capacity added in the last 10 years, according to the Renewable Energy Market Analysis report. But millions of people remain in the dark as population growth and […]