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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 […]
Gas

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 […]
Gas

Red Rocket Leading Africa Into A Clean Energy Future

AS THE WORLD GRAPPLES WITH GROWING ENERGY NEEDS, ENERGY TECHNOLOGIES, BUSINESS MODELS, AND PROJECT DELIVERY CAN STEP UP TO DELIVER LASTING CHANGE AND INVESTMENT. Since 1999, the African Energy Forum has led engagements between stakeholders around creating energy on the planet. So much has evolved in those twenty-three years. Alternative energy sources such as hydrogen, […]
Coal

Africa Can Adopt Renewable Energy On A Massive Scale And Save Billions Along The Way

OPED BY KENNETH ENGBLOM VICE PRESIDENT, WARTSILA ENERGY, EUROPE AND AFRICA Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and […]
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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 […]
Case studies

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 […]
Projects

Closing The Coverage Gap: Providing Electricity & Connectivity To Africa’s Healthcare Facilities

It’s a fraction that amounts to approximately 100,000 hospitals, clinics, surgeries and pharmacies. And its impacts have been exacerbated by the past year’s battle with COVID-19. Even prior to the pandemic, these facilities – often situated in more rural areas of the region, but not exclusively so – were plagued by poor lighting, ineffective power […]
Finance

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, […]
Coal

South Africa’s Ipp Office Announces Reipppp Bw6 Request For Proposals (Rfp)

As the world talks about the energy transition, South Africa’s Department of Mineral Resources and Energy (DMRE), through its IPP Office has recently announced the REIPPPP BW6 Request for Proposals (RFP).  This bid round will add 2,600 MWs of new capacity to the energy mix, the second to be released in line with the Ministerial […]
News

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.
News

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 […]
Energy access

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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