Finance, Leadership, Podcast

Shirley Webber, Managing Principal, Coverage Head, Resources & Energy, Absa

Shirley Webber talks to Jon Marks about the pace of projects, an explosion of activity in the C&I space, and private financing in transmission and infrastructure. Plus, trends, battery storage, progress on RFPs, mining and power traders, cross border trade, and using Africa’s resources to help Africa grow.

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Sarvesh Suri, Director, International Finance Corporation (IFC)

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Finance

Pele Energy Group – Inspired By A Vision For Structural Change

South Africa’s Pele Green Energy (PGE) was one of 28 inaugural IPPs to be granted a power generation license in 2011. With a narrative of entrepreneurship, innovation and tangible impact, Gqi Raoleka, MD of Pele Green Energy, spoke to EnergyNet about the journey. Pele is 15 years old this year, tell us about your journey as an IPP […]

East Africa

TAQA Arabia – Pioneering CNG Solutions for East Africa

EnergyNet spoke with Adly Kafafy, Vice President Africa & New Ventures, TAQA Arabia, to find out about Tanzania’s first integrated CNG filling station and conversion centre, the country’s new LNG Virtual Pipeline, and the role of natural gas for the future. You have launched Tanzania’s first integrated compressed natural gas (CNG) filling station and conversion […]

Finance

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 […]

Energy access

Power Africa: on accelerating energy access and the importance of in-depth conversations at PAS24

The Powering Africa Summit (PAS24) will mark the close of Power Africa’s 10th year Anniversary celebrations. As summit hosts, Power Africa talks to EnergyNet about the ideas, goals and opportunities to be discussed in March. Why is PAS 2024 important for Power Africa? The Powering Africa Summit 2024 is important for Power Africa because we are going […]

Battery Storage

Globeleq to Build Africa’s Largest Standalone Battery Energy Storage System in South Africa

This new reliable energy infrastructure will help tackle load-shedding – and keep the lights on. Globeleq, the leading independent power company in Africa, announced on Friday 5 April that its Red Sands project in the Northern Cape has been awarded Preferred Bidder status in South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme (ESIPPPP). […]

Coal

“We need to balance aspirations for lower-carbon, more sustainable power in Africa, with the availability of affordable, reliable power for all.”

Kenneth Oyakhire, MD and CEO of Services in Sub-Saharan Africa for Gas Power at GE Vernova, gives his view on the mix of solutions needed, and the role that gas can play. “We need to balance aspirations for lower-carbon, more sustainable power in Africa, with the availability of affordable, reliable power for all. To this […]

Energy access

West Africa: AfDB’s Sustainable Energy Fund Africa to provide $10 million anchor investment in Arm-Harith Investment Fund for Sustainable Infrastructure

WEST AFRICA: 16-Dec-2024: The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The catalytic investment, to be sourced from the Bank-managed […]

News

Le West Africa Energy Cooperation Summit (WA-ECS) célébré comme une étape importante pour le développement de l’énergie durable, avec la signature de deux projets

Le Sommet sur la coopération énergétique en Afrique de l’Ouest, qui s’est tenu à Lomé du 3 au 5 décembre 2024, a réuni des gouvernementaux et des leaders mondiaux pour trois jours de discussions et de débats qui ont abordé les défis du développement de projets dans la région de la CEDEAO et promu la croissance […]