Finance

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 […]

Pele Energy Group – Inspired By A Vision For Structural Change

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 […]

“Africa Has A More Difficult Energy Transition Challenge Than Most Other Regions In The World” – Olusola Lawson, Aiim

Olusola Lawson, Co-Managing Director at African Infrastructure Investment Managers (AIIM), on the new thinking on finance needed to fund Africa’s energy transition and the important discussions to be had at aef24. What are you most looking forward to at this year’s Africa Energy Forum? AIIM is proud to be sponsoring the AEF this year, […]

Holger Rothenbusch, British International Investment (Bii), On Keeping People Connected And Why Energy Transition Is A Process, Not A Step Change

With over 25 years of experience in development finance in emerging markets including Africa, Holger Rothenbusch leads BII’s infrastructure and climate finance program. He spoke to EnergyNet about supporting economic growth in a new era where infrastructure investments are more challenging and private capital is ever more needed, the importance of collaboration, and what governments […]

Deg – Patient, Long-Term Investors For Africa

Andreas Cremer, Director of Infrastructure and Energy at DEG, leads the debt financing of renewable energy, green hydrogen and infrastructure projects in Africa and Latin America, with a loan portfolio of over US$ 1 billion. He spoke to EnergyNet about challenges, de-risking, innovations in financing and moving towards a self-sustainable energy sector for Africa. What […]

European Investors In Readiness As Energy, Minerals, And Mining Ministers From Across Africa Prepare For Barcelona

More than 33 ministers and 100 high-level public sector officials from across Africa will travel to Spain for the 26th edition of the Africa Energy Forum (aef), 25-28 June, at the Fira de Montjuïc, Barcelona. With Spain’s commitment of $2.3 billion in funding to South Africa and its recently announced support for green hydrogen […]

Dfc, Sierra Leone Promote Access To Reliable Energy With Up To $412 Million In Additional Financing And Political Risk Insurance

DALLAS, TEXAS – The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable […]

Globeleq to Build Africa’s Largest Standalone Battery Energy Storage System in South Africa

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). […]

Washington D.C. to Showcase African Energy Opportunities to U.S Investors at the 9th Powering Africa Summit (PAS24) this March

The Honorable Judith Pryor, First Vice President & Vice Chair, Export-Import Bank of the United States (EXIM) will join the U.S. Government-led partnership, summit sponsor and PAS24 co-host, Power Africa, as well as ministers, government organizations, regulators and DFIs between 5-6 March at The Mayflower Hotel in Washington D.C. Government stakeholders, institutional investors, private financiers, […]

Meridiam and Rift Valley Energy – transforming the Tanzanian power mix

In July 2023, Meridiam announced its acquisition of Rift Valley Energy (RVE), in a move set to grow its renewable energy portfolio and support rural electrification in southern Tanzania. With both companies speaking at the 5th Tanzania Energy Cooperation Summit (TECS24), EnergyNet caught up with Michael Gratwicke, CEO of RVE, and Matthieu Odoux, Senior Associate at Meridiam. […]

Tanzania and EAC at the centre of regional transmission expansion: Tanzania Energy Cooperation Summit 2024

Confirmed as one of the most stable and important investment destinations on the continent, Tanzania prepares to host the fifth annual Tanzania Energy Cooperation Summit (TECS) from 31 January to 1 February 2024 in Arusha, home of the East African Community (EAC). Investors from across industry, finance and government are convening to showcase Tanzania’s potential. […]

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 […]

Battery Storage

Mulilo Achieves Financial Close on Groundbreaking 75MW Solar Plant in the Northern Cape

De Aar, South Africa – 18 March 2025 Mulilo, a leading independent power producer in South Africa, has successfully reached Financial Close on the Du Plessis Dam Solar PV2 facility, a 105MW (75MWac) solar photovoltaic project near De Aar in the Northern Cape. This landmark project is one of the first in South Africa to […]

Battery Storage

Press Release: Jonathan Hoffman Confirmed As Chief Executive Officer

LONDON: 31 March 2025: The Board of Globeleq, the leading independent power company in Africa, and its shareholders are pleased to announce that Jonathan Hoffman, currently interim Chief Executive Officer, has been confirmed as the Group’s permanent CEO. The Board undertook a thorough and extensive search process which considered both internal and external candidates. Jonathan […]

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

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

Theo Xin, Head of Product & Technology, MEA, Trina Solar