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Finance

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 […]
Finance

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 […]
Finance

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 […]
Finance

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 […]
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 […]
Finance

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 […]
Finance

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
Finance

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 […]
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.
Finance

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 […]
Finance

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 […]
Finance

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. […]

Energy news

Energy access

MCA delivers Africa’s largest off-grid renewable energy system in Angola

The Cazombo Photovoltaic Park in Angola, which will supply green energy to more than 136,000 people, has a production capacity of 25.40 MWp and batteries with a storage capacity of 75.26 MWh MCA has just energised Africa’s largest off-grid renewable energy photovoltaic park in Angola. This is the country’s first autonomous (off-grid) system with a […]
News

GenVision, Tatanga Energy and AMDG Energy partner to develop 300 MW Solar Power Project in Zambia’s Copperbelt

GenVision, Tatanga Energy and AMDG Energy are pleased to announce the signing of an agreement to jointly develop a landmark 300 megawatt (MW) solar photovoltaic power project with up to 800 megawatt hours (MWh) of battery storage in Zambia’s Copperbelt region. The project, located approximately 10 kilometers north of Kitwe, represents one of the most […]
Arts/Energy

ENN Book Club: The Black History Month Edit 

In October, Black History Month is celebrated in the United Kingdom, and in February, it is celebrated in the United States. Black History is not confined to a single month: it encompasses the past, present, and future, shaping the world we live in today. Through literature, stories, and lived experiences, we gain insight into resilience, creativity, and the pursuit of justice.  In this […]
Finance

EBRD finances Infinity Power’s first greenfield wind farm in Egypt

US$ 74.1 million for 200 MW wind farm The European Bank for Reconstruction and Development (EBRD) contin ues to champion Egypt’s renewable energy ambitions with a new funding arrangement for the development and construction of a 200 MW wind farm in the Ras Ghareb region. The EBRD is providing a comprehensive financing package of US$74.1 […]
East Africa

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 […]
East Africa

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 […]
East Africa

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 […]
Finance

Africa urged to seize role in US critical minerals supply

WASHINGTON, October 9, 2025, ENN: African nations should position themselves as key partners for the United States in securing supplies of critical minerals essential to modern industries, according to a new report from the Washington DC-based Brookings Institution. The report, Leveraging US–Africa Critical Mineral Opportunities: Strategies for Success, argues that Africa’s mineral wealth and improving […]
Energy access

“My Favorite Part of the Job? Bringing Customers’ Dreams to Life with Electricity.”

Nicole Poindexter founded Energicity in 2015 to solve the problem of bringing sustainable electricity to unserved rural communities in Africa. She spoke to EnergyNet about her latest projects in Liberia, the power of partnerships – and why it’s critical to bring Africa to the United States. You have just commissioned two mini-grids in Liberia – congratulations and please tell […]
Finance

Powering Ghana’s Future: How energy infrastructure is fuelling industrial growth

Gas is driving Ghana’s industrial transformation – and Stanbic Bank Ghana is at the centre of it, financing the infrastructure that powers its progress. As African countries pursue sustainable economic transformation, Ghana stands out for its strategic use of energy resources to drive industrialisation, stimulate job creation, and build resilience in key sectors. At the […]
Energy access

Ghana to Spotlight Regional Resilience and Clean Energy Opportunities at WAECS 2025

ACCRA, Ghana, 29 October 2025, EnergyNet: Ghana’s Ministry of Energy and Green Transition has been confirmed as Patron of the West Africa Energy Cooperation Summit (WAECS), to be held in Accra from 2–3 December 2025. The Summit brings together regional government leaders, investors, and industry partners to showcase investment opportunities and regional energy integration developments […]
Finance

Zambia and Zimbabwe Throw Open Their Energy Sectors as Private Capital Rushes to Light Millions

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Nearly ten million Zambians have never switched on a light in their own homes. Across the border, Zimbabwe’s national utility connects 50,000 households per year; its new binding commitment demands 320,000. Both nations have now staked billions on pledges to achieve universal electricity access […]
Finance

Unlock the Billion Dollar Vault Hidden Inside Zimbabwe’s Energy Liberalisation

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Zimbabwe currently generates significantly less electricity than required to keep basic lights on, yet the government audaciously demands that private investors triple available capacity within six short years to feed a voracious mining beast that never sleeps. This paradoxical mandate requires the state to […]
Take a look back: aef 2019 Country Spotlight, Zimbabwe
Southern Africa

Take a look back: aef 2019 Country Spotlight, Zimbabwe

The Africa Energy Forum 2025

The Africa Energy Forum 2025

Leadership

Aadil Cajee, Standard Bank | Africa Energy Forum 2025

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025
Leadership

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025

Kimberly Heimert Interview | Powering Africa Summit (PAS)
Leadership

Kimberly Heimert Interview | Powering Africa Summit (PAS)

Akinwole II Omoboriowo Interview | Powering Africa Summit (PAS)
Leadership

Akinwole II Omoboriowo Interview | Powering Africa Summit (PAS)

Adam Cortese Interview | Powering Africa Summit (PAS)
Leadership

Adam Cortese Interview | Powering Africa Summit (PAS)

Andrew Herscowitz Interview | Powering Africa Summit (PAS)
Leadership

Andrew Herscowitz Interview | Powering Africa Summit (PAS)

Podcast

Harry Boyd-Carpenter on Making Coal-to-Clean Energy Transitions Work

Finance

Building Utility-Scale Renewables in Africa: Insights from Stuart MacWilliam at Mulilo

Finance

Standard Bank’s Rentia van Tonder & Aadil Cajee: The Strategic Role of Finance in Energy

Finance

Advancing Energy Access in Africa – A Conversation with Zaheer Khan at Trina Solar

Finance

Beyond the Grid: Financing Southern Africa’s Energy Revolution with Standard Bank