Finance

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 […]

Towera Temba-Nkanza, EY Zambia, on Green Bonds, Carbon Credits, and Why Dialogue Between the Public and Private Sector Needs to be Transparent, Candid and Accountable

Towera Temba-Nkanza is currently Associate Director at EY Zambia, providing strategic advice to clients on cross-border tax issues, managing risk and optimising investment structures. In the course of her career, Towera has worked on both public and private sector projects, advised on international tax transactions in Africa and the Middle East, and worked on some […]

New Thinking On Africa’s Electricity Problems Demands Commitment And Faith

With African electricity supply industries in a state of flux, everyone agrees the infrastructure needed for economic development can only come from the private sector, but the existing financial and commercial models are inadequate – and a desperate need for investment in transmission only makes this financing challenge harder. Some new thinking about how to […]

Relyez And Veers Group Announce Strategic Joint Venture To Address South Africa’s Energy Challenges

[Shenzhen & Cape Town & Barcelona, 26 June 2024] – RelyEZ, a Bloomberg Tier 1 provider of innovative energy storage solutions, and Veers Group, a pioneer in South Africa’s renewable energy sector, are proud to announce at the African Energy Forum 2024 the formation of a strategic joint venture to address the pressing energy challenges […]

Atidi – Understanding Markets And De-Risking Africa

Obbie Banda, Underwriter & Acting RLSF Coordinator at the African Trade & Investment Development Insurance (ATIDI), on Egypt, encouraging private sector involvement, unlocking local currency finance and changing the perception of risk. With Egypt set to become an ATIDI member, this will boost the country’s opportunity to trade with other African nations. Will energy be […]

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 […]

Battery Storage

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 […]

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

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

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Gqi Raoleka, MD, Pele Green Energy

Ademola Ogunbanjo, Executive Vice President, Oando Clean Energy