Finance

Multiple wind turbines set against a sunset sky
Finance

Solar Leads the way as Africa Attracts Fresh Renewables Investment

Some large renewable energy projects are coming to fruition, even if the investment climate for African renewables remains fragile, reports Ian Lewis The case for developing Africa’s copious renewable energy resources to overcome the continent’s huge power deficit has always been strong. It’s a case that has become all the more compelling given the intensifying […]
Finance

Traditional Energy Projects Face up to Funding Challenges

How is Africa’s oil and gas sector dealing with ESG constraints? Development finance is still available for gas-to-power and LNG, but some oil projects are struggling to tap commercial lending support, writes James Gavin The news in early May of this year that Standard Chartered Bank would not be financing the East African Crude Oil […]
Finance

Saying YES! to a Bright Future for African Energy

Guiding the next generation to generate their own visions for a more sustainable world The Youth Energy Summit (YES!) is returning for its second edition at this summer’s Africa Energy Forum in Nairobi, Kenya, as it looks to build on the platform established last year to boost skills, connections and the business readiness of future […]
Finance

Interview with , British International Investment

A lack of adequate financing for tackling climate change in Africa has become dire and is "choking" the continent, African Development Bank President Akinwumi Adesina said this week. How can investors like BII bridge the gap? As the UK's development finance institution, British International Investment is the UK government's primary vehicle for climate finance. Our […]
Finance

Green Hydrogen at Heart of Namibia’s Vision 2030

Harry Clynch spoke to James Mnyupe, Economic Advisor to the President of Namibia, about the key role of green hydrogen in the country’s development plan Around the world, industrialised economies are looking to undergo green transitions. Countries across Europe and North America particularly are seeking to reduce their dependence on carbon and fossil fuels by […]
Finance

Unleashing Africa’s Potential, in ‘Private’

The private sector will play a crucial role in channelling innovation towards universal access ambitions The rate of electrification in sub-Saharan Africa needs to triple in order to achieve universal access by 2030, and the private sector will be absolutely pivotal in helping to realise that aim. This is due to the simultaneous need to […]
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 […]

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