aef TV – Christopher Chijiutomi, MD, Head of Infra Equity, Africa – 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 […]

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 […]

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% […]

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 […]

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 […]

Closing Africa's infrastructure investment deficit will take more than financing new projects. Speaking to ENN at AEF, Ziyaad Sarang of Investec and Revego Fund Managers makes the case for the secondary market, where owning operating renewable assets lets developers recycle their capital into the next wave, and explains why institutional investors are backing African renewables in a way they weren't a decade ago.

Camco built REPP 2 expecting commercial investors in the debt tranche and development finance institutions in the equity. Speaking to ENN, Fund Director Benjamin Hugues says the opposite happened within the equity, and puts it down to defence spending shrinking the development finance available and Western governments choosing returnable capital over grants.

The Common Market for Eastern and Southern Africa and the Alliance for Renewable Electrification signed a memorandum of understanding in Brussels on Thursday, covering electrification, investment and energy access across a bloc of 21 countries and an industry body representing more than 170 renewable energy companies.