Leadership

aefTV 2022 – Hussain AlNowais, Chairman – AMEA Power

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Red Rocket Leading Africa Into A Clean Energy Future

AS THE WORLD GRAPPLES WITH GROWING ENERGY NEEDS, ENERGY TECHNOLOGIES, BUSINESS MODELS, AND PROJECT DELIVERY CAN STEP UP TO DELIVER LASTING CHANGE AND INVESTMENT. Since 1999, the African Energy Forum has led engagements between stakeholders around creating energy on the planet. So much has evolved in those twenty-three years. Alternative energy sources such as hydrogen, […]

South Africa’s Energy Sector And The Just Transition

CONTINUOUS ENGAGEMENT BY STAKEHOLDERS CRUCIAL IN ENSURING ENERGY SECTOR IS SUSTAINABLE WHILE ALSO MANAGING SOCIAL IMPACTS OF SHIFT – AN ARTICLE CO-WRITTEN BY MATT ASH, TINA COSTAS, JAMES ROSS AND KELSEY PAILMAN. While there has been steady progress in the global transition from economies running on fossil fuels to sustainable energy development since the establishment […]

Country Spotlight: Zimbabwe

SUMMARY OF THE SESSION UNDER THE SAME TITLE THAT TOOK PLACE AT THE POWERING AFRICA SUMMIT (PAS), IN WASHINGTON DC, ON MARCH 2022. The electricity demand in Zimbabwe is high as the country continues on a growing path. Currently, 40% of the population has access to electricity, but they all reside in major towns. The […]

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 […]

Akinwole Omoboriowo, Chairman & CEO, Genesis Energy, Talks About Future Plans & “Weaponizing” the $10billion MOU Signed With USAID in 2023

Known as one of most influential figures in the African power sector, Akinwole Omoboriowo heads up Genesis Energy Group, a multi-award winning energy infrastructure development, climate impact investment and asset management group of companies. EnergyNet caught up with him after he spoke at the Powering Africa Summit, 5-6 March, Washington DC. What was your […]

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 […]

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 […]

South Africa’s Ipp Office Announces Reipppp Bw6 Request For Proposals (Rfp)

As the world talks about the energy transition, South Africa’s Department of Mineral Resources and Energy (DMRE), through its IPP Office has recently announced the REIPPPP BW6 Request for Proposals (RFP). This bid round will add 2,600 MWs of new capacity to the energy mix, the second to be released in line with the Ministerial […]