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 […]

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, […]

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.

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 […]

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 […]

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 […]

How NIWIMNRO is Transforming the Sector for Women

EnergyNet spoke to Felicia Dairo from the Nigerian Indigenous Women in Mining and Natural Resource Organisation (NIWIMNRO) prior to their upcoming launch that is taking place on the 15th July in Abuja, Nigeria about NIWIMNRO and what they hope to achieve in the future. What inspired the creation of NIWIMNRO? It all began with a […]

AMDA and UNDP Partner to Accelerate Minigrid Deployment Across Africa

Cape Town, 25 June 2025 — The United Nations Development Programme (UNDP) and the Africa Minigrid Developers Association (AMDA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in accelerating the deployment of sustainable minigrids across Africa. The MoU was signed on 19 June during the Africa Energy Forum (AEF) held in Cape Town, South Africa. The […]

Battery Storage

Globeleq’s Red Sands Battery Energy Storage Project Reaches Financial Close

CAPE TOWN, 1 July 2025: Globeleq, a leading independent power company in Africa and its project partner, African Rainbow Energy, have reached financial close on the 153 MW/612 MWh Red Sands battery energy storage project (BESS) in South Africa. The project is Africa’s largest standalone BESS facility to reach financial close. Signing of the project […]

TDB Group Signs Landmark Agreements With Leading Dre And Clean Cooking Companies To Deliver Clean Energy Access For 3 Million People Within A Year, As Part Of An Initial String Of Deals

The agreements signed on the sidelines of AEF are part of TDB Group’s Regional Energy Access Financing Platform, a first-of-its-kind platform supported by the World Bank’s ASCENT Program under Mission 300 Cape Town, 19 June 2025 – The Trade and Development Bank Group (TDB Group), and its concessional and grant window, the Trade and Development […]

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

aef 2025: Accelerating Partnerships to Develop Africa’s Energy Markets

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