Finance

Multiple wind turbines set against a sunset sky
Finance

Expand And Diversify: Aiim Invests In Starsight’s Distributed Generation Solutions

AFRICAN INFRASTRUCTURE INVESTMENT MANAGERS (AIIM) DEVELOPS AND MANAGES PRIVATE EQUITY INFRASTRUCTURE FUNDS DESIGNED TO INVEST LONGTERM INSTITUTIONAL UNLISTED EQUITY IN AFRICAN INFRASTRUCTURE PROJECTS. Interview with Damilola Agbaje – AIIM Investment Director. AIIM actively manages investments in East, West and Southern Africa and has equity under management of USD 2.0 billion with a track record extending […]
Finance

Africa’s Energy Transition — Aspirations Versus Reality

AFRICA FACES A PARALLEL IMPERATIVE OF PROVIDING ELECTRICITY ACCESS TO MILLIONS OF CITIZENS CURRENTLY DEPRIVED OF IT, AND ALSO TO ALIGN WITH THE GLOBAL TRANSITION TO A NET ZERO FUTURE – AN ARTICLE BY PATRICIA TILLER, PARTNER AT HUNTON ANDREWS KURTH Africa is home to one-sixth of the global population, yet the continent accounts for […]
Finance

MCB Ltd supported Infinity Renewable Energy BV’s acquisition financing for Lekela Power

(24 March 2023) The Mauritius Commercial Bank Limited (“MCB”) is pleased to announce that it has acted as joint Mandated Lead Arranger (MLA) in relation to an initial senior loan facility to support Infinity Power on its acquisition of Lekela Power. Infinity Power is a joint venture between Egypt’s Infinity and UAE’s Masdar. The transaction […]
Finance

Social Impact Objectives In Renewable Energy Development: Doing Good For People Is Good For Business

FALLING PRICES, INTENSIFIED CLIMATE CHANGE MANDATES, AND IMPROVED TECHNOLOGIES HAVE IGNITED TREMENDOUS GROWTH IN THE RENEWABLE ENERGY (RE) INDUSTRY. MORE THAN EVER, WHAT’S GOOD FOR THE PLANET IS ALSO GOOD FOR THE BOTTOM LINE. But what about for people? RE projects work best when they are designed to produce not just power but empowerment: jobs, […]
Finance

Big Challenges for African Utilities

National utilities are being forced to modernise as independent power producers enter the African market, but there is no one-size-fits-all solution to the energy conundrum, writes Neil Ford.
Finance

Financing Gaps: Investment In Frontier Markets

SUMMARY OF THE SESSION UNDER THE SAME TITLE THAT TOOK PLACE AT THE POWERING AFRICA SUMMIT (PAS), IN WASHINGTON DC, ON MARCH 2022. Given that there are different pathways for different renewable energies, the financial planning level to help countries meet such climate contributions presents complexities. Finding access to and financing for renewable energy is not […]
Finance

Financing Decentralised Renewable Energy Systems & The Evolution Of Metro-Grids

SUMMARY OF THE SESSION UNDER THE SAME TITLE THAT TOOK PLACE AT THE POWERING AFRICA SUMMIT (PAS), IN WASHINGTON DC, ON MARCH 2022. It was discussed that the solution to the cost problem and the profitability problem in mini and metro-grids is scale. Metro-grids will allow a per unit, per-connection basis that will drive down costs […]
Finance

Africa’s Energy Community At War

In particular, the population of sub-Saharan Africa is projected to double by 2050 (that constitutes a 99% increase) with 60% of the population being under the age of 25. The statistics are worrying and suggest a war raging between energy access and population growth – the solutions however lie in advanced technology adoption and the proliferation of […]

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