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Finance

Scaling up or scaling back?

Achieving the best funding model for renewable energy schemes is proving a challenge, but patience will be key, writes James Gavin When the World Bank’s Scaling Solar iniative was recently called “a victim of its own success”, the response from the Bank’s private sector arm, the International Finance Corporation (IFC) was suitably pithy. A letter […]
Battery Storage

An All-of-Alliance Approach to Access

Collaboration is required to drive down the cost of much-needed clean energy solutions Africa urgently needs to find more innovative ways of connecting public and private investment to close the finance gap, to accelerate the transition to cleaner energies, and to ensure universal access to electricity on the continent. No one actor can solve this. Rather, a […]
Finance

Mission Critical: How Africa can Profit from its Mineral Boom

Africa has at least a fifth of the world’s reserves in a dozen minerals that are critical for the energy transition. With China and the US desperate for supplies, how can the continent harness this extraordinary opportunity? Writes David Thomas In the tree-topped southern hills of Mozambique’s Cabo Delgado province, the sprawling Balama mining complex […]
East Africa

Geothermal Race Heats up Africa

Kenya has led the way in developing its geothermal energy resources – with support from the land of ice and fire, Iceland. Can its neighbours catch up? Reports Ben Payton Africa is breaking apart – literally. From the Gulf of Aden in the north, all the way to Mozambique in the south, the African continental […]
East Africa

KenGen Illuminates Energy Landscape with Geothermal and Renewables

In an exclusive interview the Chairman of Kenya Electricity Generating Company (KenGen), Julius Migos Ogamba, talks to Shoshana Kedem about East Africa's largest electricity producer and its sustainable energy journey. Today, with an installed capacity of 1,904MW, KenGen generates most of its electricity largely from renewable sources: Hydro (45%), geothermal (39%) and wind (2%), and […]
Gas

To boldly go

Frontier exploration is still shaping investment in Africa’s upstream, as oil companies unleash capex budgets on exciting new prospects such as Namibia, reports James Gavin The overarching narrative for Africa’s oil and gas sector in recent years has been retreat and retrenchment. As international oil companies slim down their portfolios, they have generally sought to […]
News

Traditional Energy Projects Face up to Funding Challenges

How is Africa’s oil and gas sector dealing with ESG constraints? Development finance is still available for gas-to-power and LNG, but some oil projects are struggling to tap commercial lending support, writes James Gavin The news in early May of this year that Standard Chartered Bank would not be financing the East African Crude Oil […]
Energy access

Saying YES! to a Bright Future for African Energy

Guiding the next generation to generate their own visions for a more sustainable world The Youth Energy Summit (YES!) is returning for its second edition at this summer’s Africa Energy Forum in Nairobi, Kenya, as it looks to build on the platform established last year to boost skills, connections and the business readiness of future […]
Finance

Solar Leads the way as Africa Attracts Fresh Renewables Investment

Some large renewable energy projects are coming to fruition, even if the investment climate for African renewables remains fragile, reports Ian Lewis The case for developing Africa’s copious renewable energy resources to overcome the continent’s huge power deficit has always been strong. It’s a case that has become all the more compelling given the intensifying […]
Finance

Green Hydrogen at Heart of Namibia’s Vision 2030

Harry Clynch spoke to James Mnyupe, Economic Advisor to the President of Namibia, about the key role of green hydrogen in the country’s development plan Around the world, industrialised economies are looking to undergo green transitions. Countries across Europe and North America particularly are seeking to reduce their dependence on carbon and fossil fuels by […]
Gas

Egypt’s Green Transition

The Sovereign Fund of Egypt is seeking to mobilise private sector investment in green technologies. Harry Clynch spoke to its CEO, Ayman Soliman, about the Fund’s mandate, and the future of green energy in the MENA region Last year, the International Monetary Fund (IMF) warned that Egypt is “highly vulnerable” to the financial consequences of […]
East Africa

Interview: H.E. Honourable Davis Chirchir, Cabinet Secretary for Energy and Petroleum, Kenya

Kenya’s Cabinet Secretary for Energy and Petroleum, Davis Chirchir, tells David Thomas that the country is working on reducing the price of energy and reforming Kenya’s transmission networks to better serve East Africa’s biggest economy The Ruto administration have set an ambitious new agenda for what you want to achieve in energy. What are your […]

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