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Finance

“Africa Has A More Difficult Energy Transition Challenge Than Most Other Regions In The World” – Olusola Lawson, Aiim

Olusola Lawson, Co-Managing Director at African Infrastructure Investment Managers (AIIM), on the new thinking on finance needed to fund Africa’s energy transition and the important discussions to be had at aef24.    What are you most looking forward to at this year’s Africa Energy Forum? AIIM is proud to be sponsoring the AEF this year, […]
News

Holger Rothenbusch, British International Investment (Bii), On Keeping People Connected And Why Energy Transition Is A Process, Not A Step Change

With over 25 years of experience in development finance in emerging markets including Africa, Holger Rothenbusch leads BII’s infrastructure and climate finance program. He spoke to EnergyNet about supporting economic growth in a new era where infrastructure investments are more challenging and private capital is ever more needed, the importance of collaboration, and what governments […]
News

Essential Facilitators And Strategic Partners – The Real Role Of Law Firms

Aleem Tharani co-heads the Infrastructure Sector Group at Bowmans. Based in Nairobi, he is acting on significant energy projects in Kenya and in other African countries, including Sierra Leone, Guinea, Uganda, Angola and Malawi. Aleem spoke to EnergyNet about the vital role law firms can play in the energy market, and the unique skills and […]
News

Navigating The Waters: Addressing Africa’s Water Scarcity Challenges Through Ppp

Water scarcity poses a significant challenge to sustainable development and the well-being of people across the African continent. With factors such as a burgeoning population, changing climate patterns, infrastructural gaps, and uneven distribution of resources, Africa grapples with the tangible consequences of restricted access to clean and safe water sources. According to the 2023 Global […]
Grids

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% […]
News

DEG – Patient, Long-Term Investors For Africa

Andreas Cremer, Director of Infrastructure and Energy at DEG, leads the debt financing of renewable energy, green hydrogen and infrastructure projects in Africa and Latin America, with a loan portfolio of over US$ 1 billion. He spoke to EnergyNet about challenges, de-risking, innovations in financing and moving towards a self-sustainable energy sector for Africa. What […]
Finance

European Investors In Readiness As Energy, Minerals, And Mining Ministers From Across Africa Prepare For Barcelona

More than 33 ministers and 100 high-level public sector officials from across Africa will travel to Spain for the 26th edition of the Africa Energy Forum (aef), 25-28 June, at the Fira de Montjuïc, Barcelona.   With Spain’s commitment of $2.3 billion in funding to South Africa and its recently announced support for green hydrogen […]
Gas

10Gw Wind Farm In Egypt Takes Major Step Towards Construction

Cairo, Egypt, May 15, 2024: Infinity Power, the largest African renewable energy developer, along with Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, and the UAE’s flagship renewable energy company, Masdar, one of the world’s leading clean energy companies, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW […]
Finance

Dfc, Sierra Leone Promote Access To Reliable Energy With Up To $412 Million In Additional Financing And Political Risk Insurance

DALLAS, TEXAS – The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable […]
Gas

South Africa’s Fast Growing Numbers Of Virtual Power Plants To Be Optimised With Ai

Increasingly in use in South Africa, Virtual Power Plants (VPPs) are a network of different power sources such as wind, solar and battery energy storage systems working together, sometimes at different locations. Currently, South Africa has at least five utility-scale VPPs either under construction or in operation but their numbers are expected to increase due […]
Battery Storage

Globeleq – A Change Of Chief Executive Officer

LONDON: 29 April 2024: The Board of Globeleq, the leading independent power company in Africa, and its shareholders announce that Jonathan Hoffman, currently Chief Development Officer, has been appointed interim Chief Executive Officer (CEO) of Globeleq. Jonathan replaces Mike Scholey who will be stepping down from Globeleq at the end of June 2024. Mike is […]
News

New Partnership Aims To Connect 300 Million To Electricity By 2030

Washington, April 17, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030. The World Bank Group will work to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid […]

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