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Multiple wind turbines set against a sunset sky
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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 […]
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Walk The Esg Walk Or Face Significant Risk

POLITICAL AND PUBLIC PRESSURE IS BUILDING ON BUSINESS TO FULLY EMBRACE THE FAST EVOLVING ESG AND SUSTAINABILITY AGENDA. IT’S IMPORTANT, ARGUES GILLIAN NIVEN, THAT MINING, ENERGY AND STEEL COMPANIES ACT NOW. Environmental, Social, Governance (ESG) and sustainability-related matters are undoubtedly now front and centre not only for the extractive and steel industries but for business […]
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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 […]
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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, […]
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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.
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Pas 2022 – Country Spotlight: Egypt

SUMMARY OF THE SESSION UNDER THE SAME TITLE THAT TOOK PLACE AT THE POWERING AFRICA SUMMIT (PAS), IN WASHINGTON DC, ON MARCH 2022. In the summer of 2014, there was a massive electrical power outage in Egypt. The electricity deficit in Egypt led the country to set a new strategy for electricity—resolving the lack of […]
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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 […]
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Country Spotlight: Zimbabwe

SUMMARY OF THE SESSION UNDER THE SAME TITLE THAT TOOK PLACE AT THE POWERING AFRICA SUMMIT (PAS), IN WASHINGTON DC, ON MARCH 2022. The electricity demand in Zimbabwe is high as the country continues on a growing path. Currently, 40% of the population has access to electricity, but they all reside in major towns. The […]
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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 […]

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