Energy Africa Archives - AfricaBusiness.com

12Nov

By Africa BusinessNo Comments

Energy, Kenya News

d.light Co-Founder and CEO Nedjip Tozun Recognized on 2024 TIME100 Climate List for Pioneering Clean Energy Access Impact

Nedjip Tozun, Co-Founder and CEO of d.light, has been honored with a spot on the prestigious *TIME100 Climate* list for 2024. This annual list highlights the world's most influential leaders driving meaningful climate action and pioneering sustainable solutions across industries. Tozun’s inclusion recognizes his transformative work in expanding access to clean energy for underserved communities in Africa and Asia. Since co-founding d.light in 2007 at Stanford University, Tozun has dedicated himself to providing affordable, off-grid clean energy solutions that empower lives and protect the planet. Under his leadership, d.light has positively impacted over 180 million people by delivering solar-powered products—ranging from home systems and lanterns to appliances—that have improved energy...

8Jun

By Africa BusinessNo Comments

Energy, Green Energy, Sierra Leone, Uganda News

Winch Energy Launches Crowdfunding For Off-Grid Renewables

New clean energy opportunities in developing countries for UK and international investors Off-grid utilities provider, Winch Energy, is seeking to secure up to £1.5 million through a crowdfunding campaign for projects to accelerate the installation of renewable energy technology in Sierra Leone and Uganda. The Crowdcube campaign is part of an overall fundraising plan over the next two years and follows Winch Energy’s recent closure of the largest mini grid limited recourse financing deal so far, via Winch IPP Holdings. The London-based company has already received investment from partner ITOCHU Europe PLC and is opening crowdfunding alongside this raise to secure additional funding for new projects and future expansion. Founded in 2008, Winch Energy has offices in UK, Italy, Sierra Leone, ...

11May

By Africa BusinessNo Comments

Energy, Events, Main

African Energy Chamber calls for more US-Africa Energy investments with series about unjustified risk perceptions on Africa

Following President Biden's Interim National Security Strategic Guidance signalling for continued growth in partnerships with African economies, at the African Energy Chamber ("AEC"), we believe it is vital to engage U.S. companies and investors to counter the often-wrong preconceptions about investing in the continent, as Africa has some of the fastest-growing economies globally and possesses significant investment and development opportunities for U.S. firms. U.S. companies stand to play a significant role in the road to a lower-carbon future in the continent., and to continue leading some of the most important markets in the energy industry. From majors like Chevron, ExxonMobil and Kosmos Energy making significant discoveries and operating in multiple countries like Angola, Mozambique,...

4May

By Annemarie RoodbolNo Comments

Energy, Events

Enlit Africa to return in June with focus on 5Ds as industry prepares for energy transition

Longstanding energy platform gathers all role players to discuss and do deals Enlit Africa will kickstart its return on 8 June with a visionary discussion on the “5Ds of the energy transition”, namely: decarbonisation, decentralisation, democratisation, digitalisation and deregulation. The opening session will feature local and global experts unpacking how the evolution of the power and energy sector globally will also affect local supply and opportunities, focusing on technology, policy and funding. Among the local experts is South African Minister of Mineral and Energy Resources Gwede Mantashe who will be providing the opening address for the event. Same inspiration, different look Enlit Africa, taking place from 8 to 10 June, is the new brand for the Cape-town based African Utility Week...

31Mar

By CSEA AFRICA - CENTRE FOR THE STUDY OF THE ECONOMIES OF AFRICANo Comments

Energy

Improving energy efficiency and interconnectivity in Africa through regional economic integration

Adedeji Adeniran Chukwuka Onyekwena Sone Osakwe CSEA AFRICA - CENTRE FOR THE STUDY OF THE ECONOMIES OF AFRICA March 2021 Affordable and efficient energy supply is essential for enhanced welfare and better development outcomes. However, African states suffer from huge deficits in energy generation and distribution, resulting in unreliable power networks, frequent power outages and expensive tariffs. In a bid to improve efficiencies through interconnectivity and reduce energy development challenges at the national level, sub-regional power pooling initiatives have become increasingly popular in Africa. The idea behind creating power pools is to encourage cooperation among countries, through linking excess capacity in one country where power is produced more economically, with excess dem...

African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

21Nov

By NJ AyukNo Comments

Angola News, Cameroon News, Energy, Gabon News

African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic and, in particular, the most likely timing for “peak oil,” when crude production reaches its maximum rate before going into permanent decline. Predictions run the gamut: OPEC’s latest World Oil Outlook, for example, forecasts increasing oil demand for two more decades. But the International Energy Agency stated in its 2020 World Energy Outlook report that demand for oil probably will plateau after 2030. And the 2020 energy outlook from BP states that the world has already passed peak oil and predicts even greater drops in demand as countries comply with carbon dioxide abatement measures. While no one can p...