Shirley Webber, Managing Principal, Coverage Head, Resources & Energy, Absa

(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 […]

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 […]

Ghana power project strengthens leadership with seasoned finance and energy  infrastructure executive Accra, Ghana (November 28, 2025) – Early Power LTD, the  company responsible for developing and operating the Bridge Power Project in Ghana, is pleased to announce the  appointment of Louis Josiah as General Manager, effective December 6, 2025. Mr. Josiah has served as […]

Nelson Lage, President of ADENE –  Portuguese Energy Agency Volatility is now normal. Predictability is what makes businesses competitive. Today, energy stability doesn´t come from a world without surprises. It comes from being prepared for shocks, managing them well, and keeping their impact as small as possible. Predictability is not about control. Predictability is about […]

Nelson Lage, President of ADENE –  Portuguese Energy Agency Energy security used to mean making sure we had enough supply. Now, it is about having power in many ways. It is not just about physical power. It is also about economic, strategic, and geopolitical power, too. In a world of shocks, fragmentation, and global competition, […]

As global interest in Africa’s critical minerals and infrastructure corridors accelerates, financing models that bridge international capital with on-the-ground execution are becoming increasingly important. In this interview with Garth Klintworth, Chief Representative Officer, Absa Bank Limited Representative Office – Americas, the bank outlines how its US platform and pan-African footprint are working alongside institutions such […]