Finance

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 […]

African Development Bank Group and Private Infrastructure Development Group team up to scale-up domestic capital mobilization across Africa

The African Development Bank Group and the Private Infrastructure Development Group have agreed to work together to unlock long-term local currency capital for energy, infrastructure, industrialization, housing and other productive sectors across Africa. The agreement was signed on 14 May at the Bank’s headquarters in Abidjan by Solomon Quaynor, African Development Bank Vice-President for Private […]

Media Release: Red Rocket Reaches Financial Close for South Africa’s Largest Wind Farm

CAPE TOWN, 13 March 2025 – Red Rocket, a leading renewable energy independent power producer, has reached financial close on the first phase of the Overberg Wind Farm, marking a major milestone in South Africa’s clean energy transition. Adding to Red Rocket’s impressive portfolio of wind farms, Overberg Wind Farm will be the latest in […]

Layton Nenzinane – Chief Financial Officer, Seriti Green Chartered Accountant | A Voice for Africa’s Just Energy Transition

Why I Said Yes to YES! Summit 2025

I grew up in a modest home in Thaba Nchu, a town just outside Bloemfontein in the Free State, as the youngest in a medium-sized family with two older siblings. I was surrounded by love, discipline and hope. But life changed quickly. I lost my mother at six and my father at thirteen. Orphanhood wasn’t […]

U.S. Secretary of Energy Chris Wright Outlines Trump Administration Approach to Energy Development in Africa

Washington, March 7, 2025: The United States will embrace energy from a diversity of sources – from coal to natural gas to nuclear power to solar energy – to increase access across Africa, said U.S. Secretary of Energy Chris Wright on Friday. Speaking at the Powering Africa Summit in Washington, D.C., Wright said the new U.S. administration would partner with African governments and businesses, allowing them to drive their own energy agenda to increase economic growth and prosperity around the continent.

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 […]

Newmarket Capital – Catalyzing Infrastructure Investment for Africa

Newmarket is a Philadelphia-based alternative asset manager investing in innovative real asset solutions at scale and specializing in the risk transfer market. EnergyNet spoke with Shaz Langha, Vice President and speaker at PAS 25, about the company’s work in Africa, blended finance solutions, and the challenge of scaling development finance from ‘billions to trillions’. Tell […]

Sun Africa – Speed, Scale and Doing Things Differently

With tens of billions of dollar’s worth of projects under its belt, Sun Africa is at the center of Africa’s push to meet growing energy needs sustainably. We spoke to CEO Adam Cortese about projects in Nigeria and Angola, the company’s unique development model, and how it has already been championing an America First approach. […]

Jason Brewer, CEO, Marula Mining Talks Power, Renewables, and Opportunities for East Africa

Marula Mining, the African-focused mining and development company, aims to advance sustainable mining. We spoke with CEO Jason Brewer about projects in Tanzania and Kenya, and how mining and energy can mutually benefit each other and the communities they serve.

REPORT: Europe Remains a Global Leader in SDG7-Finance in Africa – Accelerated Efforts Needed for Universal Energy Access

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: AfDB’s Sustainable Energy Fund Africa to provide $10 million anchor investment in Arm-Harith Investment Fund for Sustainable Infrastructure

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 […]

AMEA Power – Committed to West Africa’s Renewable Energy Potential

AMEA Power is one of the fastest-growing companies in renewable energy. As lead sponsor of the West African Energy Cooperation Summit (WA_ECS), Joel Musikingala, Senior Manager of Project Development, spoke to EnergyNet about the company’s commitment to West Africa, and the opportunities that lie ahead. The Sheikh Mohammed Bin Zayed solar plant is Togo’s first […]

ZEMA Okays Solar Project

ZAMBIA Environmental Management Agency (ZEMA) has given approval to Margam Valley Solar (MVS) Energy Corporation Limited to proceed with the development of its 400 megawatts (MW) of solar power plants in Kalulushi district that will cost over US$650 million. It is estimated that the project will initially start with 200MW and will be fully constructed […]

ENN: The New Independent Voice for Emerging Market Energy

The Energy News Network (ENN), a new independent platform dedicated to the stories behind energy in emerging markets, is now live. Covering corporate and public sector leaders, utilities, ministries, and regulators across Africa and beyond, ENN will track the policy shifts, investments, and diplomatic moves shaping the energy sector’s evolution. Africa’s energy demand is growing […]

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 […]

MAN Energy Solutions becomes Everllence

A new chapter for a company rich in tradition The former MAN Energy Solutions is now operating under a new name and has become Everllence. The new brand identity applies worldwide and marks a significant milestone in the company’s strategic development.CEO Uwe Lauber symbolically unveiled the new company nameplate at headquarters in Augsburg, Germany earlier […]

Richard Nelson, Coordinator, Power Africa

Speaker presenting at AEF event

Tech & Power Generation

The Energy Debate: Fossil Fuels vs. Renewables in Africa

H.E Honourable Sédiko Douka, Commissioner for Infrastructure, Energy & Digitalisation, ECOWAS

H.E Honourable Sédiko Douka, Commissioner for Infrastructure, Energy & Digitalisation, ECOWAS

H.E. Honourable Charles Umehai, Deputy Minister for Energy, Republic of Liberia: WA-ECS 2024

H.E. Honourable Charles Umehai, Deputy Minister for Energy, Republic of Liberia: WA-ECS 2024

aef 2025: Accelerating Partnerships to Develop Africa’s Energy Markets

Abstract image featuring elongated shapes

Joseph Anis, President & CEO, Europe, Middle East & Africa, Gas Power, GE Vernova

View from below of a metal structure

Gqi Raoleka, MD, Pele Green Energy

Ademola Ogunbanjo, Executive Vice President, Oando Clean Energy