By NJ Ayuk, Executive Chairman, African Energy Chamber Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply. That’s why — though many African states are still feeling the wounds inflicted by COVID —… +
With the discovery of the Greater Tortue Ahmeyim (GTA) gas field in 2015 and the latest developments regarding the BirAllah field, Mauritania has become an increasingly attractive destination for investment. In addition to hydrocarbon supply benefits, the country is set to see numerous economic opportunities made possible through oil and… +
Financing Objectives Components The project will improve the electricity supply, improving the population’s socio-economic development Target area and population The project entails the construction of a grid-connected solar photovoltaic power plant near the town of Dekemhare 40 km southeast of the capital Asmara, and to increase the capacity to supply… +
The AENCon23 Renewable Energy Investment Conference (www.AEN.finance) will be held at the Sheraton Hotel in Addis Ababa, Ethiopia from 25-26 April 2023 to engage international financiers and technology providers on renewable energy investment opportunities in Ethiopia and Tanzania. In partnership with the Ministry of Water and Energy of Ethiopia and the… +
The Green Energy Africa Summit (GEAS) (GreenEnergyAfricaSummit.com) has announced the launch of the 2023 Energy Investment Village (EIV), an exciting deal-pitching event for African clean-tech starts-ups and energy projects. The EIV is now open for entries from emerging African energy businesses, and will culminate in a lion’s den-type pitching event during… +
The African Energy Chamber (AEC) (www.EnergyChamber.org) is taking its Invest in African Energy Forum to Paris for the next leg of its investment tour. Taking place on June 1 at the Westin Paris Vendome, the Paris edition will serve as the premier networking function for European investors and African policymakers,… +
A timely regulatory overhaul of Africa’s fledgling electricity sector will attract private sector investment and ensure energy security on the continent, stakeholders meeting at an electricity dialogue, have agreed. More than 600 million Africans have no access to electricity and Africa generates only 4% of the global energy. Despite vast… +
The fifth edition of the Namibia International Energy Conference will take place from April 25-27, convening high-level executives, government representatives and global investors to discuss the future of Namibia’s energy sector Three major oil and gas discoveries, billions of dollars-worth of green hydrogen projects launched and a suite of multi-industry… +
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a grant of $28.49 million for Ghana to construct renewable energy infrastructure that will increase its renewable energy use by 10% through 2030. The financing, which will come from the Climate Investment Funds (CIF) (https://apo-opa.info/40Cg91m) – Scaling Up… +
A landmark partnership was signed today to foster the sustainable development and access to energy financing in Africa through the Voluntary Carbon Markets. ENGIE Energy Access (https://ENGIE-EnergyAccess.com) — one of the leading off-grid providers in Africa, ENGIE Global Energy Management & Sales (GEMS) (https://GEMS.ENGIE.com) – the energy management and sales… +
