aefTV 2022 – Mark Carrato, Coordinator – Power Africa

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 […]

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: 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 […]

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, […]

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 […]

DALLAS, TEXAS – The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable […]

Obbie Banda, Underwriter & Acting RLSF Coordinator at the African Trade & Investment Development Insurance (ATIDI), on Egypt, encouraging private sector involvement, unlocking local currency finance and changing the perception of risk. With Egypt set to become an ATIDI member, this will boost the country’s opportunity to trade with other African nations.  Will energy be […]

(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 […]