African Energy

BII CEO, Leslie Maasdorp, outlines some of the steps that could help bring the benefits of electricity to 300 million more Africans by the end of the decade. Energy is the foundation of development – in Africa, and globally. Sustainable prosperity involves many things – good healthcare, digital technologies, efficient transportation, decent jobs and more […]

By Sarvesh Suri, IFC Regional Industry Director for Infrastructure and Natural Resources, Africa The progress in power generation across Africa has been encouraging: 26 GW of renewables-based generation capacity added in the last 10 years, according to the Renewable Energy Market Analysis report.  But millions of people remain in the dark as population growth and […]

By Rentia van Tonder, Head of Power, and Aadil Cajee, Head of Energy & Infrastructure Finance at Standard Bank CIB The future of energy in Africa will not be determined by policy alone. Nor will it be unlocked by capital in isolation. If Africa is to achieve a secure, affordable and lower-carbon energy system, financial […]

Data centre operators are building capacity to serve a fast-growing digital economy Around the world, data centres are a hot new asset class. Investment in these specialised warehouses, which store, process and deliver every byte of our digital lives, is forecast to more than double in the next seven years[1]. This is thanks to an […]

…as GreenCo gets ready to start onward supply of power to First Quantum Minerals 27 May 2025, Lusaka: Stanbic Bank says its financing of three key energy projects in the last six months is amounting to a USD223.7 million with a total contribution of 660MW to the grid, demonstrating the Bank’s clear commitment to the […]

Gqi Raoleka, CEO of Pele Green Energy, explains how he and his colleagues are building an independent power producer that channels capital, talent and innovation into tangible opportunities What makes Pele Green Energy different? Gqi Raoleka: We were among the first independent power producers (IPPs) in South Africa in 2009 and we’ve been developing and […]

By Sarvesh Suri, IFC Regional Industry Director for Infrastructure and Natural Resources, Africa The progress in power generation across Africa has been encouraging: 26 GW of renewables-based generation capacity added in the last 10 years, according to the Renewable Energy Market Analysis report.  But millions of people remain in the dark as population growth and […]

Multilateral donors have earmarked $55 billion in concessional funding for innovative projects that will deliver electricity to an additional 300 million people in Africa by 2030 The figures speak for themselves. Africa represents 20 per cent of the global population but only 3 per cent of global electricity use, according to the African Development Bank […]