Category: Clean Energy Conference

Read More

Young Africans Rise Up: Leading the Charge in Natural Resource and Environmental Governance

Introduction

Africa, a continent luxuriously endowed with natural resources, paradoxically struggles with widespread poverty and underdevelopment. This disconnect between resource wealth and economic prosperity was at the core of Mr. Chibeze Ezekiel’s presentation at the African Youth Conference on Natural Resources and Environmental  Governance (read more: https://syndghana.org/african-youth-conference/ ).

A picture of Mr Chibeze Ezekiel during his presentation at the African Youth Conference

Mr. Chibeze Ezekiel, founder of the Strategic Youth Network for Development (SYND) and a 2020 Goldman Environmental Prize laureate, challenged the young participants from across the continent to be the architects of change. Highlighting various African government charters and policies that emphasize youth participation, he underscored the critical role young people can play in ensuring sustainable and equitable management of the continent’s natural resources.

The Paradox of Plenty

The presentation unpacked Africa’s abundant resource picture, from vast reserves of minerals and oil to fertile lands and fresh water. Yet, statistics paint a grim reality. UNEP reports Africa loses a staggering $195 billion annually due to factors like illegal mining, unregulated fishing, and environmental degradation.

Prospects for Africa

Despite this disheartening reality, Mr. Chibeze emphasized prospects for a brighter future. He pointed to the potential of harnessing these resources to finance development and propel Africa towards prosperity. The key lies in ensuring “results-oriented, climate resilient, and sustainable” practices in resource exploitation.

Mr. Ezekiel lauded initiatives like Ghana’s Public Institution Accountability Committee, which tracks the utilization of revenue from oil and gas resources. He advocated for similar mechanisms across the continent to ensure transparency and accountability.

A Call to Action: Shifting the Narrative

But how can this transformation be achieved? Mr. Chibeze’s clarion call urged young Africans to shift from being bystanders to active participants. He emphasized the need to be “solution-oriented” and embrace the principles of “Common but Differentiated Responsibilities and Respective Capabilities” (CBDR-RC) in tackling climate change.

SYND: Leading by Example

The presentation showcased inspiring examples of youth-led solutions spearheaded by SYND. From the Young Green Entrepreneurs Forum that empowers young innovators to tackle climate change, to mangrove restoration projects and initiatives promoting youth participation in agricultural policymaking, SYND is paving the way for a more sustainable future.

A pivotal initiative is the Youth in Natural Resources and Environmental Governance Platform (Youth-NREG). Launched in 2019, this platform empowers young Africans across educational backgrounds to engage in crucial conversations around natural resource management and environmental governance.

Mr. Chibeze concluded by urging young people to embrace a “paradigm shift.” He challenged them to be a “new breed” of Africans, equipped with a “renewed mindset” and a resolute commitment to eradicating poverty and underdevelopment through responsible resource management.

Conclusion

The fight against climate change and the quest for a more equitable Africa demands the active participation of its youth. As Mr. Ezekiel aptly quoted Robert Swan, “The greatest threat to our planet is the belief that someone else will save it.” The young people of Africa are rising to the challenge, and their leadership will be instrumental in shaping a sustainable and prosperous future for the continent.

By: Rashid Latif Bukari

Read More

Powering Africa Summit 2024: Energy transition, Capital flows, and Pace escalation of projects across the continent.

Summary

The Powering Africa Summit (PAS24) recently convened in Washington, D.C., heralding a pivotal gathering of industry leaders, policymakers, and stakeholders to address the pressing challenges and promising opportunities in Africa’s energy landscape. Over the course of two days, participants engaged in insightful discussions, high-level boardroom sessions, and strategic dialogues aimed at catalysing sustainable development and driving impactful change across the continent.

Article


A significant highlight of PAS24 was the official inauguration of the partnership between the East African Community (EAC) and EnergyNet Ltd., underscoring a commitment to collaborative action and regional cooperation. Spearheaded by H.E. Honourable Andrea Malueth, Deputy Secretary General of the EAC Secretariat, this partnership signals a pivotal step towards fostering synergy and leveraging collective efforts to address energy challenges in East Africa.

A focal point of PAS24 was the Ministerial Roundtable, where dignitaries and policymakers convened to discuss critical issues such as lowering debt costs and exploring alternatives to sovereign guarantees. Abebe Selassie of the International Monetary Fund (IMF) emphasized the importance of addressing debt dynamics and fostering climate-resilient development pathways.

The summit commenced with a compelling discussion on ‘Accelerating Energy Access,’ underscoring the urgent need for enhanced collaboration among governments, private sector entities, and international financial institutions. Esteemed speakers, including Adam Cortese of Sun Africa and USAID Administrator Samantha Power, emphasized the critical role of innovative financing models and climate-smart energy strategies in propelling electricity access across Sub-Saharan Africa.

“Africa stands on the cusp of a unique opportunity. Export-Import Bank of the United States would like to be a partner on that journey.” Judith Pryor, who addressed the opening remarks on ‘How EXIM is investing in major energy infrastructure projects’.

Throughout PAS24, esteemed thought leaders and industry experts shared valuable insights and perspectives on various facets of Africa’s energy transition. From discussions on lowering debt costs and exploring alternatives to sovereign guarantees to examining the role of development finance institutions in financing a just energy transition, the summit provided a platform for robust dialogue and knowledge exchange. Pradeep Pursnani of Konexa expressed excitement about the evolving narrative in energy access, underscoring the importance of innovative strategies and inclusive solutions.                                                                                                                                                                                                                                                    A special highlight of the summit was the Celebration Dinner hosted by Deloitte, dedicated to recognizing the invaluable contributions of women in driving economic development. Adaku Ufere and Lisa Witte delivered inspiring opening remarks, underscoring the transformative impact of gender-inclusive policies and initiatives in Africa’s energy sector.

Charting the Path Forward

As PAS24 drew to a close, participants reflected on key takeaways and actionable insights garnered from the summit’s deliberations. With a renewed commitment to collaboration, innovation, and sustainable development, stakeholders departed with a shared vision of advancing Africa’s energy agenda and forging a brighter, more resilient future for generations to come. Angela Nalikka of the African Development Bank Group emphasized the urgency of a just energy transition and the imperative of ensuring access to basic equipment for sustainable development.

In summary, PAS24 served as a dynamic platform for meaningful dialogue, strategic collaboration, and actionable solutions, underscoring the collective resolve to overcome challenges and unlock the vast potential of Africa’s energy sector. As the continent embarks on its journey towards a sustainable energy future, the insights and partnerships forged at PAS24 will continue to guide and inspire transformative change across Africa and beyond.

PAS24 concluded with expressions of gratitude to participants, speakers, sponsors, and organizers for their invaluable contributions to the conference’s success. Special thanks were extended to summit sponsors, including Power Africa, Sun Africa, African Development Bank Group, and Marathon Digital Holdings, for their steadfast support.

Author

Oluoch Were is the Regional Director for Kenya, and East Africa at Renewables in Africa.

Read More

Empowering Tomorrow: TECS24 Day 2 Unleashes Dynamic Dialogues and Expert Insights, Paving the Way for a Transformed Energy Landscape in Tanzania and Beyond

QUICK SUMMARY

  • Sustainable Mining Energy
  • Gas to Power Viability
  • Clean Cooking Initiatives
  • National Transmission Roadmap

ARTICLE

Day 2 at the 5th Tanzania Energy Cooperation Summit (TECS24) unfolded with a dynamic agenda, featuring insightful discussions and expert insights that are shaping the energy landscape in the region. The Utilities Roundtable marked the beginning, addressing vital questions on the common needs of regional utilities to enhance power trade in East Africa. Esteemed speakers such as Aleem Tharani from Bowmans, John Mageni, Director of Planning at TANESCO, Olga Utchavo Madeira from ELECTRICIDADE DE MOÇAMBIQUE (EDM), Mizinga Chipuwa Moonga from Zambia Electricity Supply Corporation (ZESCO), and Cletus Nyachowe from ZESA Holdings, Zimbabwe, shared their perspectives.

The interactive boardroom session, “Sustainable Energy Projects for Mining,” provided a platform to explore strategies attracting mining investors to sustainable energy projects, with a focus on Tanzania’s Julius Nyerere project. Visionary leaders including John de Vries (Black Rock Mining), Kwame Parker (Frontier Energy), Jason Brewer (Marula Mining), Eyob Easwaran (TDB), Festo Bartholome (Deloitte & Touche), and Humphrey Simba (ASNL Advisory Limited) contributed valuable insights.

Oluoch Were, Renewables in Africa COO in a high profile consultative consultative meeting

Discussions on Tanzania’s Gas-to-Power Projects addressed crucial questions about the viability roadmap, the role of industrialization, opportunities from Tanzania-Mombasa & Tanzania-Zambia gas pipelines, and plans for CNG amid rising fuel prices. Experts such as Catherine (Power Africa Empowering East & Central Africa), Derick Moshi (TPDC), Adly Kafafy (TAQA Arabia), Gilman Kasiga (GE Vernova), and Bizimana Ntuyabaliwe (PanAfrican Energy Tanzania) shared their perspectives on the abundant gas discoveries.

The Interactive Boardroom on “Fulfilling Tanzania’s Renewable Energy Potential” explored strategies for bringing abundant wind and solar projects in Tanzania to a financial close. The success story of Meridiam’s acquisition of Rift Valley Energy was highlighted, with insights from Rogness Swai, Jérémy Minel, Marvin Bell, Geoffrey Ronoh, Maxime Savinelli, Antje Steiner, and Edouard Wenseleers.

A discussion on building a regional interconnection covered the regional energy trade map, progress on Tanzania-Zambia-Kenya, Tanzania-Mozambique, and Tanzania-Uganda interconnectors. Panelists, including Farid Mohamed, Alison Chikova, James Wahogo, Geoffrey M., and Mizinga Chipuwa Moonga, shared thoughts on financing models and regulatory frameworks.

The event also delved into Tanzania’s Clean Cooking Revolution & the Power of Innovation, discussing initiatives and ideas for improving technologies. The day wrapped up with a discussion on “Concessional Blended Finance for Sustainable Project Development,” featuring Jonathan Berman, Blen Abebe, Tusekile Kibonde, Leo Schiefermueller, Michael Gratwicke, Dennis Keya, and Exuperius Tax. The final panel, “Interactive Boardroom: National Transmission: The Road Map,” featured Aboubakar Massinda, Nyanda Busumabu, Dorian Mead, NGANIKIYE Balthazar, Hamid ALZAYANI, and Nikhil Sharma. As TECS24 comes to a close, the energy community eagerly anticipates more insights and strategies that will shape the future of energy in Tanzania and East Africa.

Read More

Energizing Collaborations: Day One Highlights from TECS24 Summit

Quick Summary

The Tanzania Energy Cooperation Summit (TECS24) brought together key figures in the energy sector for a day of insightful discussions and strategic planning. Here are the day’s highlights, capturing the essence of collaboration and innovation in regional energy development:

  • Vibrant Start and Emphasis on Collaboration
  • Ministerial Round Table on Regional Power Market
  • Tanzania’s Ambitious Energy Goals
  • Panels on Green Energy and Infrastructure Development

Article

The 5th Tanzania Energy Cooperation Summit (TECS24) kicked off with a vibrant opening ceremony led by John Mongella, Regional Commissioner for Arusha, Tanzania. Mongella set the tone for an event focused on fostering collaboration and innovation in the energy sector. Attendees were welcomed to dynamic discussions on Public-Private Partnerships (PPPs), Development Finance Institutions (DFIs), and Tanzania’s strategic plans for regional energy dominance.

The Ministerial Round Table, a key feature of the day, honed in on “Building a Regional Power Market.” Distinguished figures, including H.E. Andrea Ariik Malueth, Deputy Secretary-General, East African Community (EAC), H.E. Honorable Dr. Eng. Sultan Welle Ahmed, Energy Development State Minister, Federal Democratic Republic of Ethiopia, H.E. Honourable Okassai Opolot Sidronious, State Minister of Energy, Republic of Uganda, H.E. Honourable Ibrahim Matola, Minister of Energy, Republic of Malawi, and Eng. Innocent G. Luoga, Commissioner of Energy & Renewable Energy, Ministry of Energy, United Republic of Tanzania participated in this pivotal session, chaired by Obbie Banda from ATIDI. Emphasizing unity, the discussion highlighted the importance of cross-border collaboration in advancing energy development.

Insightful discussions unfolded around Tanzania’s B+ sovereign credit rating and its impact on the energy market. Eng. Innocent G. Luoga shared the government’s ambitious plan to boost electricity production to 5000 MW by the next year, underscoring Tanzania’s commitment to meeting growing energy demands. Luoga also provided valuable insights into Fitch Ratings’ endorsement and mega-projects, including the $42 billion LNG export terminal and the 2,115MW Julius Nyerere Hydropower Plant, positioning Tanzania as a key player in regional energy development.

The spotlight then turned to TANESCO, where Gissima Nyamo-Hanga, MD of TANESCO, echoed the commitment to progress. Her keynote presentation outlined a vision to increase national connectivity to 50% by 2025 and 70% by 2035, underscoring the focus on expansive energy access.

A thought-provoking panel on Oman’s Green Hydrogen Strategy and East Africa’s aspirations unfolded, featuring experts like Hussein Matar, Rumaitha Al Busaidi, Florian Cammas, Richard Kiplagat, Bertrand Tournier, and François-Xavier Dubois. The panel provided insights into Oman’s visionary plan to produce 8.5 million tons of green hydrogen by 2050 and explored valuable lessons for East Africa.

The day also witnessed significant strides in transmission and interconnection projects, discussed in the panel titled “Connecting the Dots: Public-Private Partnership in Transmission Projects.” Experts like Aleem Tharani, Angela Nalikka, Asano Seizaburo, Joe Corbett, Céline ROBERT, and Moshood Bode Abolade shaped discussions on the future of power infrastructure. The DFI Roundtable, the final panel of the day, brought together industry figures to deliberate on expediting and de-risking financial processes. Notable figures, including Jonathan Berman, Obbie Banda, Birgit Edlefsen, Robert Voskuilen, Audrey Maignan, Richard Warugongo, Maïa Schuh, and Marcus Williams, shared insights into financial strategies and closures.

As the curtains fall on TECS24’s first day, the event set the stage for engaging discussions and highlighted the commitment of regional leaders and stakeholders towards fostering collaboration and sustainable energy development. As the summit progresses, anticipation builds for more insights and strategies shaping the future of the energy landscape in Tanzania and the broader East African region. As attendees eagerly anticipate the second day, the momentum for regional energy dominance continues to build.

Author

Oluoch Were is the Chief Operating Officer for Renewables in Africa.

Read More

Advancing Energy Research in South Africa through SANEDI: Prof. Sampson Mamphweli’s view.

The organization’s role in coordinating national research in the energy space, including renewable energy and energy storage.

Schneider VP: We should put the spotlight on microgrids in Africa

We were honored to interview Taru Mandagombe, Vice President Middle East and Africa at Schneider Electric in South Africa during the interesting Africa Energy Indaba Conference.

Interview with AFSIC MD, RUPERT McCAMMON

The AFSIC African Investments Dashboard is a closed dashboard only viewable by registered investors and uploads are only available for high-quality projects seeking equity, debt or hybrid investment capital.

Verified by ExactMetrics