Richard Nelson, Coordinator, Power Africa

(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 […]

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 […]

Cryptocurrency has been around since 2009, when Bitcoin software was first made available to the public. It continues to be one of the most hotly debated global financial topics. But could it be the answer to monetizing stranded energy? And provide a technology solution for Africa’s energy infrastructure?      This is exactly what Marathon Digital Holdings addressed […]

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 […]

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). […]

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 […]

 Pioneering solar, wind, and battery storage projects boost position Egypt as North Africa’s renewable energy hub New projects demonstrate BII’s leading role in Egypt’s energy transition through patient capital, which supports grid resilience, green jobs and unlocks replicable climate innovation. CAIRO, 19 June 2025: British International Investment (BII), the UK’s development finance institution and impact […]

DUBAI, UNITED ARAB EMIRATES, 15 July 2025 – AMEA Power, one of the fastest-growing renewable energy companies in the region, is pleased to announce the successful commissioning of Egypt’s first-ever utility-scaled Battery Energy Storage System (BESS). The 300 MWh facility, fully powered by solar PV energy, was delivered ahead of its scheduled commercial operation date (COD). […]