Harnessing Africa’s Potential: advancing ESG strategies for a sustainable future

The opportunities for building a sustainable future for Africa are at least as great as the challenges, writes Christian Toben, Head of Financial Institutions for Emerging Markets at Commerzbank. Here, he discusses some of the positive initiatives that are helping to drive forward the continent’s ESG agenda and the crucial role of financial institutions in supporting Africa’s potential to step onto the global stage as a green energy hub.

WINCH ENERGY OPENS CROWDFUNDING FOR OFF-GRID RENEWABLES

Leading off-grid renewable energy provider, Winch Energy, has opened its crowdfunding campaign to fund solar off grid developments that will connect more people in Sierra Leone and Uganda to clean and reliable power. This campaign enables individuals to invest in Africa’s growing clean energy market via Crowdcube from as little as £10. Winch Energy’s work strives to help […]

A Just Transition to Climate Resilience Could Transform Kenya into a Green Powerhouse

The Continent Is Highly Vulnerable to Climate Change, However, and Needs Significant Global Investment to Adapt to Higher Temperatures, Build Low-Carbon Economies, and Create Local Green Employment African countries face major climate-related challenges, but at the same time they have the opportunity to achieve sustainable low-carbon economies, according to a new report by Boston Consulting […]

Zimbabwe’s Largest Tea Producer Implements Microgrid from DHYBRID and Blockpower

Project to be showcased at EM-Power in Munich, Germany, October 6-8, 2021 Tanganda Tea Company Limited, Zimbabwe’s largest tea producer and one of the largest on the African continent, uses its own microgrids at Tingamira and Jersey sites for secure and environmentally friendly energy supply since July 2021. The system consists of a megawatt-class solar […]

How Egypt banks on renewables to meet expected surge of energy demand

Essakane hybrid power plant 15 MWp solar PV power plant in Essakane, Burkina Faso. The solar PV plant will be built next to a 55 MW Wärtsilä power plant currently running on heavy fuel oil, Africa’s largest engine-solar PV hybrid power plant.

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?  Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity […]

Energy Trends in Africa: Will Africa be the Global Green Energy Leader?

CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ — With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that […]