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Southern Africa

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Southern Africa

New Thinking On Africa’s Electricity Problems Demands Commitment And Faith

With African electricity supply industries in a state of flux, everyone agrees the infrastructure needed for economic development can only come from the private sector, but the existing financial and commercial models are inadequate – and a desperate need for investment in transmission only makes this financing challenge harder. Some new thinking about how to […]
Southern Africa

Relyez And Veers Group Announce Strategic Joint Venture To Address South Africa’s Energy Challenges

[Shenzhen & Cape Town & Barcelona, 26 June 2024] – RelyEZ, a Bloomberg Tier 1 provider of innovative energy storage solutions, and Veers Group, a pioneer in South Africa’s renewable energy sector, are proud to announce at the African Energy Forum 2024 the formation of a strategic joint venture to address the pressing energy challenges […]
Southern Africa

Power Pools: A Possible Solution To Africa’s Power Conundrum

In the realm of energy infrastructure, Africa stands at a pivotal juncture. The continent, with its ever-expanding population and growing economy, faces a pressing need for reliable and sustainable energy sources. To give a deeper understanding of the present condition of utilities in Africa, as of 2022, an estimated 600 million people, or about 43% […]
Southern Africa

Stepping on the gas

Once the preserve of giant producers, natural gas developments are now emerging across the continent – and playing a role in shoring up global energy security, reports James Gavin "Africa must have natural gas to complement its renewable energy,” African Development Bank President Akinwumi Adesina said on the sidelines of a UN conference earlier this […]
Southern Africa

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 […]
Southern Africa

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 […]
Southern Africa

Financing Challenges and Opportunities in Africa

Lion’s Head Global Partners Managing Director James Doree speaks to Bill Lumley about progress in funding Africa’s energy transition. How do Lion’s Head funds play a role in Africa’s energy transition? It comes down partly to what we mean by energy transition. Our funds all have the ethos of targeting an issue and being able […]
Southern Africa

Going Private

IPPs across Africa are growing in size and scale, thanks to their ability to attract a more diverse array of financing. James Gavin reports. Over time, independent power projects (IPPs) have emerged as Africa’s fastest growing energy sector structures, spreading in popularity across borders and meeting with a surfeit of investment as private sector backers […]
Southern Africa

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 […]
Southern Africa

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 […]
Southern Africa

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 […]

Energy news

News

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 […]
Energy access

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 […]
Energy access

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
Leadership

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
Leadership

H.E. Honourable Charles Umehai, Deputy Minister for Energy, Republic of Liberia: WA-ECS 2024

Leadership

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

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Gas

Joseph Anis, President & CEO, Europe, Middle East & Africa, Gas Power, GE Vernova

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Leadership

Gqi Raoleka, MD, Pele Green Energy

Leadership

Ademola Ogunbanjo, Executive Vice President, Oando Clean Energy