Finance

Multiple wind turbines set against a sunset sky
Finance

The Role of Renewables: Setting an Example to the World

It’s time to harness the world’s leading array of renewable natural energy resources to meet growing demands Insufficient infrastructure, limited access to financing and regulatory barriers are just three obstacles that need to be addressed as part of Africa’s targeted energy transition. However, if these elements are overcome, the potential of the continent’s renewable resources […]
Finance

Bioenergy offers Africa a sustainable future

What are the benefits and costs of scaling-up the commercial production of bioenergy in Africa? Does biofuel really have to displace food production? Reports Ben Payton Producing energy from bio-based materials, advocates suggest, offers a means for Africa to take a huge leap towards net zero carbon emissions. It will, they say, also boost rural livelihoods […]
Finance

Importance and Value of Hydropower Projects: Africa Focus

As the demand for clean and sustainable energy sources continues to grow globally, Hydropower is gaining significant attention Hydro is the most widely used renewable energy source in the world. Hydropower contributes to ~17% of the global energy production, per the International Energy Agency with China being the largest producer followed by Canada, Brazil, and […]
Finance

Growing Plans

Martijn Proos,the Emerging Africa Infrastructure Fund, a Private Infrastructure Development Group Company Last year, it was announced that EAIF plans to raise as much as $500 million over the next three years to invest in infrastructure projects on the continent. How is that going? EAIF has raised more capital amidst a significant economic downturn – while […]
Finance

Kenya To Host The 25Th Africa Energy Forum: Gathering Global Perspectives On Energy Innovation

Nairobi, Kenya – Thursday, June 15, 2023: The prestigious Africa Energy Forum (aef) is set to take place from 20th to 23rd June this year at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya. The Ministry of Energy and Petroleum and its State Agencies are collaborating with Energynet to host the event in the Country. […]
Finance

A United Continent Can Drive National Progress

As Nigeria seeks to solve its own specific energy challenges, the country calls upon Africa more broadly to strengthen the bonds that unite it As the largest economy in sub-Saharan Africa, Nigeria is blessed with large oil, gas, hydro and mineral resources. The key now is to extract the full potential from these resources to […]
Finance

Africa seeks policy shift to scale up investment

Africa needs more than targets and positive words to mobilise urgently needed investment in climate change impact measures and the energy transition. Are international policy forums providing the solutions? Reports Ian Lewis Akinwumi Adesina, President of the African Development Bank (AfDB) pulled no punches at the Bank’s annual meeting in May. “Africa is being short-changed […]
Finance

Youth Energy Summit (Yes!) – Global Energy Alliance For People And Planet (Geapp) Join Yes! As One Of The Founding Members And Foundational Partner

EnergyNet is delighted to announce that the Global Energy Alliance for People and Planet has joined the ‘Youth Energy Summit (YES!)’ as its first Foundational Partner. The ‘Youth Energy Summit (YES!)’ is a convening hub to align entrepreneurs, students and early career professionals with the corporate and development communities.  With a goal of reaching 100 […]
Finance

Can Africa states turn green hydrogen ambitions into reality?

African countries are in a race against time to establish themselves as renewables-driven hubs to supply escalating global demand for green hydrogen, reports Ian Lewis Green hydrogen production is becoming established as one of those new industries with a seemingly assured future in which African countries and their copious renewable energy resources are well positioned […]
Finance

Droughts Raise Doubts over Hydro’s Future Role in Africa

Uncertainties surround the outlook for hydropower in Africa, but new projects of varying sizes continue to gain access to financing across the continent, reports Ben Payton In Zambia and Zimbabwe, electricity has become a precious commodity over the past few months. The two countries have been enduring severe power cuts since late last year. In […]
Finance

One Rule for Them?

Hydrocarbons-related projects across the globe are finding it harder to get a hearing these days. But, asks James Gavin, is Africa still being held to tougher standards than other parts of the world?
Finance

Access To Reliable And Affordable Off-Grid Energy To Be Transformed Across Benin Under New Eib – Engie Energy Access Initiative

Households, smallholders and entrepreneurs in remote locations across Benin will be able to access reliable and cheap electricity for the first time under a new off-grid solar scheme agreed between leading solar energy company ENGIE Energy Access and the European Investment Bank, one of the world’s largest financiers of renewable energy.   The European Investment […]

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