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Finance

Gridworks And The Government Of Uganda Announce Pilot Project For Private Investment In The Country’s Electricity Transmission Sector

Each has been identified as a priority by Uganda’s national transmission utility (UETCL) in its latest Grid Development Plan. Gridworks will develop and finance the project – providing up to US$90m equity funding – with Siemens undertaking the upgrade work on the four substations. Investment in the transmission sector is critical to realise the Ugandan government’s development […]
Energy access

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 […]
Finance

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 […]
Coal

Making Just Energy Transition in South Africa Happen

A commitment to long-term decarbonisation in South Africa is set to reinvigorate investment opportunities in the country’s energy sector. Eskom Holdings Just Energy Transition General Manager Mandy Rambharos talks to Bill Lumley. What are the key challenges and opportunities for Just Energy transition in South Africa? With coal-fired utilities accounting for 88% of South Africa’s […]
News

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 […]
Finance

Kenya Seeks to Maximise Benefits from ‘Baseload’ Renewables

Kenya’s geothermal and hydropower resources have been major contributors to the country’s success in boosting electricity access rates, but can they play a major role in meeting surging energy demand in the future? Kenya has been one of Africa’s success stories in terms of progress towards the UN global Sustainable Development Goal of achieving universal […]
Gas

Africa and Green Hydrogen: A Perfect Match?

Green hydrogen projects could prove vital in the fight to stem global warming, and African countries could be poised to play a pivotal role as hydrogen production and export hubs. Hydrogen is a versatile element that is in growing demand. It provides a feedstock for industries such as iron and steel, petrochemicals and ammonia, it […]
Finance

African Energy Data

Africa’s electricity supply industry gaining momentum despite crises and delays. In common with other industries, Africa’s power sector has suffered major challenges during the Covid-19 pandemic, resulting in delays, cancelled projects, and new ways of working. Problems remain, but there are indications that some momentum is returning. 2021 marked a low point for new capacity […]
East Africa

Offgrid Solar Sector Seeks to Rebuild Investor Confidence

There are signs of post-pandemic recovery for Africa’s offgrid solar industry. Now it needs to lure back the investors. Africa’s offgrid solar power industry is growing but is in urgent need of further support, as the sector struggles to shake off the negative impact of the Covid pandemic on providers of equipment and services, and […]
Energy access

Keeping the Funds Flowing into Africa’s Offgrid Projects

Innovative financing solutions are helping investment to keep flowing into African offgrid renewables projects despite the difficult operating environment. Fresh funding for offgrid solar projects in Africa has been more costly and harder to come by in the last two years than it was prior to the Covid pandemic, but that doesn’t mean investors are […]
News

Staying Ahead of the Curve

South Africa is making huge strides in renewables. Tshifhiwa Bernard Magoro heads up South Africa’s IPP Office. Here he talks Bill Lumley through some of the latest developments. South Africa has some of the lowest renewable energy tariffs in the world? What has made this possible? Through the competitive, independent and transparent bidding process under the […]
News

Making Egypt a Green Hub

Yehia Zaki talks to Bill Lumley about the way the SCZONE is embracing renewables and its ambitions for becoming a hub for renewable energy products in Africa and the region. Eng. Yehia Zaki is the Chairman of the Suez Canal Economic Zone (SCZONE), an Egyptian Authority responsible for the management and the operation of 461 […]

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