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Finance
aef TV – Christopher Chijiutomi, MD, Head of Infra Equity, Africa – British International Investment
Finance, Leadership
aef TV – Christopher Chijiutomi, MD, Head of Infra Equity, Africa – British International Investment
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Latest news
East Africa
Interview with , British International Investment
A lack of adequate financing for tackling climate change in Africa has become dire and is "choking" the continent, African Development Bank President Akinwumi Adesina said this week. How can investors like BII bridge the gap? As the UK's development finance institution, British International Investment is the UK government's primary vehicle for climate finance. Our […]
Gas
10Gw Wind Farm In Egypt Takes Major Step Towards Construction
Cairo, Egypt, May 15, 2024: Infinity Power, the largest African renewable energy developer, along with Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, and the UAE’s flagship renewable energy company, Masdar, one of the world’s leading clean energy companies, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW […]
Finance
European Investors In Readiness As Energy, Minerals, And Mining Ministers From Across Africa Prepare For Barcelona
More than 33 ministers and 100 high-level public sector officials from across Africa will travel to Spain for the 26th edition of the Africa Energy Forum (aef), 25-28 June, at the Fira de Montjuïc, Barcelona. With Spain’s commitment of $2.3 billion in funding to South Africa and its recently announced support for green hydrogen […]
Grids
Power Pools: A Possible Solution To Africa’s Power Conundrum
In the realm of energy infrastructure, Africa stands at a pivotal juncture. The continent, with its ever-expanding population and growing economy, faces a pressing need for reliable and sustainable energy sources. To give a deeper understanding of the present condition of utilities in Africa, as of 2022, an estimated 600 million people, or about 43% […]
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
The Green Continent
Africa’s huge energy resources mean the continent is well placed to capitalise on gathering momentum behind clean energy technologies, if investment can be mobilised, reports Ian Lewis IRENA estimates that if Africa pursues an ambitious energy transition pathway, more than 12m transition-related new jobs could be created for 2019-2030. Africa’s energy sector is emerging blinking […]
News
Going Private
IPPs across Africa are growing in size and scale, thanks to their ability to attract a more diverse array of financing. James Gavin reports. Over time, independent power projects (IPPs) have emerged as Africa’s fastest growing energy sector structures, spreading in popularity across borders and meeting with a surfeit of investment as private sector backers […]
News
Offgrid Solar Sector Seeks to Rebuild Investor Confidence
There are signs of post-pandemic recovery for Africa’s offgrid solar industry. Now it needs to lure back the investors. Africa’s offgrid solar power industry is growing but is in urgent need of further support, as the sector struggles to shake off the negative impact of the Covid pandemic on providers of equipment and services, and […]