Finance

Turning the Tide on a Sector Stagnation

Energising Energy, Continent-Wide June 2025 | Ministerial Town hall, Africa Energy Forum “Energy needs to be the driver of the economy, but right now is not being given a chance on the continent, despite Africa having the richest abundance of natural resources.” This stark assessment of the power industry in Africa from H.E. Honourable Ibrahim […]

Green Bonds Usher in a New Era for African Energy Finance

The successful placement of green bonds by Zambia’s Copperbelt Energy Corporation widens the pool of capital for sustainable energy projects in Africa In December 2024, amid Zambia’s worst energy crisis in decades, the Copperbelt Energy Corporation (CEC) achieved something unprecedented in African energy finance: the successful issuance of a $150 million, 15-year green bond to […]

Capital Pulse – Woodhall Capital July 2025 Edition

Tracking Growth, Policy, and Opportunity Nigeria’s economic story in Q1 2025 is one of cautious but tangible progress. GDP expanded by 3.13% year-on-year, powered by a resilient services sector, renewed industrial activity, and a marginal recovery in agriculture. The rebased GDP figures reveal a larger, more dynamic economy than previously estimated—₦372.82 trillion in 2024—underscoring Nigeria’s […]

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 […]

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 […]

Chisamba Solar Project increases Stanbic’s Energy Sector Financing to USD223.7m in 6 months

…as GreenCo gets ready to start onward supply of power to First Quantum Minerals 27 May 2025, Lusaka: Stanbic Bank says its financing of three key energy projects in the last six months is amounting to a USD223.7 million with a total contribution of 660MW to the grid, demonstrating the Bank’s clear commitment to the […]

A mission to bring power to the people

Multilateral donors have earmarked $55 billion in concessional funding for innovative projects that will deliver electricity to an additional 300 million people in Africa by 2030 The figures speak for themselves. Africa represents 20 per cent of the global population but only 3 per cent of global electricity use, according to the African Development Bank […]

BII, AfDB and EBRD support pioneering solar and battery storage project in Egypt with US$ 479 million loan to Obelisk Solar Power

British International Investment (BII), the UK’s development finance institution and impact investor, the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) are providing a total of US$ 479.1 million to Obelisk Solar Power SAE, a special-purpose vehicle incorporated in Egypt and owned by Scatec ASA. This financing will support the development of a 1.1 GW solar photovoltaic (PV) power plant […]

What Africa needs from banks to achieve its energy transition

By Rentia van Tonder, Head of Power, and Aadil Cajee, Head of Energy & Infrastructure Finance at Standard Bank CIB 04 June 2025: The future of energy in Africa will not be determined by policy alone. Nor will it be unlocked by capital in isolation. If Africa is to achieve a secure, affordable and lower-carbon […]

Nedbank CIB champions youth empowerment and energy innovation at the Youth Energy Summit in Cape Town

EnergyNet is excited to welcome Nedbank CIB to this year’s Youth Energy Summit in Cape Town, where the bank is playing an important role in supporting Africa’s next generation of energy professionals. As a leading financial institution committed to sustainability and inclusive growth, Nedbank CIB is investing in Africa’s future by empowering the continent’s youth […]

Standard Bank and NOA unlock capital for energy transition with landmark guarantee Facility on 349MW solar PV project

Innovative financial instruments have an important role to play in helping to unlock and accelerate capital for South Africa’s energy transition and support economic recovery Standard Bank and renewable energy aggregator NOA have reached financial close on the 349MW Khauta South Solar PV project, a flagship renewable energy development that introduces a pioneering financial structure […]

Energy news

Turning the Tide on a Sector Stagnation

Energising Energy, Continent-Wide June 2025 | Ministerial Town hall, Africa Energy Forum “Energy needs to be the driver of the economy, but right now is not being given a chance on the continent, despite Africa having the richest abundance of natural resources.” This stark assessment of the power industry in Africa from H.E. Honourable Ibrahim […]

Ruvyironza Hydropower Project Now Operational in Burundi

August 2025 – Gridworks is pleased to share that the Ruvyironza Hydropower Project, a 1.65MW run-of-river plant in south-central Burundi, is now fully operational. Developed by Songa Energy, a subsidiary of Anzana Electric Group (formerly Virunga Power), the project was officially commissioned in April 2025 with national partner REGIDESO, the state-owned electricity and water utility. […]

Capital Pulse – Woodhall Capital July 2025 Edition

Tracking Growth, Policy, and Opportunity Nigeria’s economic story in Q1 2025 is one of cautious but tangible progress. GDP expanded by 3.13% year-on-year, powered by a resilient services sector, renewed industrial activity, and a marginal recovery in agriculture. The rebased GDP figures reveal a larger, more dynamic economy than previously estimated—₦372.82 trillion in 2024—underscoring Nigeria’s […]

Genesis Energy and Desert Technologies signed a strategic collaboration agreement at the Africa Energy Forum to accelerate renewable energy access in Africa

Jeddah, Saudi Arabia / London, United Kingdom — Genesis Energy Holding (“GENESIS”), a leading Pan-African clean energy infrastructure development and asset management company, and Desert Technologies Industries Factory CJSC (“D-T”), a global leader in smart solar infrastructure headquartered in Saudi Arabia, have formally signed a Strategic Collaboration Agreement during the 27th Africa Energy Forum (AEF 2025)—the continent’s premier […]

Schneider Electric – the Future is Digital

Ifeanyi Odoh, Country President East Africa, Schneider Electric, spoke to EnergyNet about the new energy landscape, sustainability, the significance of data centres for East Africa, and the importance of digital infrastructure in powering the future. What is the New Energy Landscape, and what does it mean for sustainability? The New Energy Landscape is a new […]

TAQA Arabia – Pioneering CNG Solutions for East Africa

EnergyNet spoke with Adly Kafafy, Vice President Africa & New Ventures, TAQA Arabia, to find out about Tanzania’s first integrated CNG filling station and conversion centre, the country’s new LNG Virtual Pipeline, and the role of natural gas for the future. You have launched Tanzania’s first integrated compressed natural gas (CNG) filling station and conversion […]

PRESS RELEASE: How the East African Community (EAC) is set to Catalyse Digital Infrastructure and Regional Energy Integration

With data centres set to account for 20% of global energy use by 2050, is East Africa on the precipice of a global gold rush as it showcases a wealth of bankable businesses and unparalleled new energy potential? In 2024, following EnergyNet’s Powering Africa Summit in Washington DC, USA, Mara Holdings signalled their intent to […]

ATIDI Approves Liquidity Support for Songa Energy’s 1.65 MW Hydro Project in Burundi

Nairobi, 14 November 2024 – The African Trade & Investment Development Insurance (ATIDI) announced its approval to provide support via the Regional Liquidity Support Facility (RLSF) for Songa Energy’s 1.65 MW run-of-the-river hydroelectric project on the Ruvyironza River in Burundi. The project, which has been financed at a total cost of USD 7.72m, was developed […]

A Personal Reflection on Nigeria’s Indigenous Women Mining Sector

Travelling to Abuja, Nigeria, was more than just a work assignment, it was an inspiring and deeply moving experience that highlighted both the challenges and the strengths of women in the artisanal mining sector. As an organisation, EnergyNet was proud to support the Nigerian Indigenous Women in Mining and Natural Resources (NIWIMNRO) at their launch […]

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 […]

ARM-Harith: Mobilising Capital at Scale for Africa

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 […]

Green Bonds Usher in a New Era for African Energy Finance

The successful placement of green bonds by Zambia’s Copperbelt Energy Corporation widens the pool of capital for sustainable energy projects in Africa In December 2024, amid Zambia’s worst energy crisis in decades, the Copperbelt Energy Corporation (CEC) achieved something unprecedented in African energy finance: the successful issuance of a $150 million, 15-year green bond to […]

Dr Snowy Khoza: A Passionate Advocate for Energy Access

On the brink of the Zimbabwe-Zambia Energy Projects Summit, Dr Snowy Khoza, the internationally acclaimed pioneer, business leader, and human rights activist, spoke to EnergyNet.

Unlocking Opportunities and Driving Progress: Zimbabwe-Zambia Energy Projects Summit

The Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will take place from November 18-20, 2024, in Victoria Falls, Zimbabwe, and could not be more timely. With the governments of both countries making innovative structural changes to make energy projects more bankable, appetite for investment is high. This is the opportunity to secure a more sustainable energy future for both Zimbabwe and Zambia.

Professor Joseph Mutale, ZARENA, on Driving the Transition to Sustainable Energy, Zambia’s Integrated Resource Plan (IRP), and Innovations in Zambia’s Energy Sector

Zambia Renewable Energy Association (ZARENA) is empowering Zambia to build a sustainable energy future. Professor Joseph Mutale, Chairman, spoke to EnergyNet about the importance of knowledge sharing, capacity-building initiatives, the role of the private sector and the innovations that are positioning the country as a leader in the renewable energy transition. ZARENA is driving Zambia’s […]

The Africa Energy Forum 2025

The Africa Energy Forum 2025

Aadil Cajee, Standard Bank | Africa Energy Forum 2025

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025

Dario Mapsanganhe, GETInvest | Africa Energy Forum 2025

Dario Mapsanganhe, GETInvest | Africa Energy Forum 2025

Expanding Solar in the Middle East & Africa: A Conversation with Weiwei Du at Tongwei Solar

Gas-to-Power in Africa: Reliability, Hybrid Models & Investment with Dietmar Siersdorfer, Siemens Energy

South Africa’s Electricity Market Liberalisation: A Conversation with Alexandra Cluver at Bowmans

People Power – Africa’s Talent as the Energy That Unites Us: A Conversation with Zandile Hlatywayo at ATP