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Multiple wind turbines set against a sunset sky
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South Africa’s Energy Sector And The Just Transition

CONTINUOUS ENGAGEMENT BY STAKEHOLDERS CRUCIAL IN ENSURING ENERGY SECTOR IS SUSTAINABLE WHILE ALSO MANAGING SOCIAL IMPACTS OF SHIFT – AN ARTICLE CO-WRITTEN BY MATT ASH, TINA COSTAS, JAMES ROSS AND KELSEY PAILMAN. While there has been steady progress in the global transition from economies running on fossil fuels to sustainable energy development since the establishment […]
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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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Decarbonising Africa’s Grid Electricity Generation

The world faces a climate emergency. The emissions from power plants already operating or commissioned have exhausted the carbon budget compatible with keeping warming to 1.5 degrees. Meanwhile, Africa faces a poverty emergency. The proportion of Africans living in extreme poverty (measured by purchasing power parity of $1.90 per day) is falling but population growth […]
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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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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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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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