Africa Energy Forum

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Stoa

As an impact investment fund, STOA was founded in 2017 through the combined initiative of Caisse des Dépôts and Agence Française de Développement (AFD). Its purpose is to support the creation and development of essential infrastructure that contributes to achieving the UN Sustainable Development Goals (SDGs).

In 2022, after five years of growth, we collectively defined our purpose: “Financing and supporting the development of sustainable and resilient infrastructure for future generations in Africa, Latin America and Asia.”

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Africa Energy Forum news

Media Release: Red Rocket Reaches Financial Close for South Africa’s Largest Wind Farm

CAPE TOWN, 13 March 2025 – Red Rocket, a leading renewable energy independent power producer, has reached financial close on the first phase of the Overberg Wind Farm, marking a major milestone in South Africa’s clean energy transition. Adding to Red Rocket’s impressive portfolio of wind farms, Overberg Wind Farm will be the latest in […]

Layton Nenzinane – Chief Financial Officer, Seriti Green Chartered Accountant | A Voice for Africa’s Just Energy Transition

Why I Said Yes to YES! Summit 2025

I grew up in a modest home in Thaba Nchu, a town just outside Bloemfontein in the Free State, as the youngest in a medium-sized family with two older siblings. I was surrounded by love, discipline and hope. But life changed quickly. I lost my mother at six and my father at thirteen. Orphanhood wasn’t […]

Battery Storage

Mulilo Achieves Financial Close on Groundbreaking 75MW Solar Plant in the Northern Cape

De Aar, South Africa – 18 March 2025 Mulilo, a leading independent power producer in South Africa, has successfully reached Financial Close on the Du Plessis Dam Solar PV2 facility, a 105MW (75MWac) solar photovoltaic project near De Aar in the Northern Cape. This landmark project is one of the first in South Africa to […]

Battery Storage

Press Release: Jonathan Hoffman Confirmed As Chief Executive Officer

LONDON: 31 March 2025: The Board of Globeleq, the leading independent power company in Africa, and its shareholders are pleased to announce that Jonathan Hoffman, currently interim Chief Executive Officer, has been confirmed as the Group’s permanent CEO. The Board undertook a thorough and extensive search process which considered both internal and external candidates. Jonathan […]

U.S. Secretary of Energy Chris Wright Outlines Trump Administration Approach to Energy Development in Africa

Washington, March 7, 2025: The United States will embrace energy from a diversity of sources – from coal to natural gas to nuclear power to solar energy – to increase access across Africa, said U.S. Secretary of Energy Chris Wright on Friday. Speaking at the Powering Africa Summit in Washington, D.C., Wright said the new U.S. administration would partner with African governments and businesses, allowing them to drive their own energy agenda to increase economic growth and prosperity around the continent.

ARM-Harith: Mobilising Capital at Scale for Africa

With a new fund accelerate Africa’s transition to sustainable energy, EnergyNet spoke to Rachel Moré-Oshodi, CEO of ARM-Harith Infrastructure Investment, about de-risking investments, identifying opportunities, and catalyzing local capital at an unprecedented scale. Congratulations on the anchor investment from AfDB into your Fund for Sustainable Infrastructure announced in December! How did this come about […]

“My Favorite Part of the Job? Bringing Customers’ Dreams to Life with Electricity.”

Nicole Poindexter founded Energicity in 2015 to solve the problem of bringing sustainable electricity to unserved rural communities in Africa. She spoke to EnergyNet about her latest projects in Liberia, the power of partnerships – and why it’s critical to bring Africa to the United States. You have just commissioned two mini-grids in Liberia – congratulations and please tell […]

GE Vernova – Purpose Built for the Energy Transition

GE Vernova is on a mission to electrify the planet while simultaneously working to decarbonize it. With its technologies already powering a significant percentage of installed power generation capacity across the continent, EnergyNet spoke to Mai Abdelhalim, President, Africa, to find out more in advance of PAS25. Your technologies are already powering over 40% of Africa […]

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