RePower Project’s Post

⚡️ Six months into the World Bank’s Mission 300, sub-Saharan African governments are meeting to discuss the next phase of attracting $90bn in private investment to tackle the region’s energy gap. 🌍 Mission 300 aims to bring electricity to 300mn people by 2030 through grid expansion and off-grid solar solutions, supported by the World Bank, AfDB, and partners like the Rockefeller Foundation. 🔑 Private sector investment remains crucial but elusive, with reforms to national energy frameworks key to unlocking new capital. Addressing regulatory barriers and supporting decentralised solutions for rural communities are essential to ensure sustainable, widespread access to clean energy. 💡 Will these efforts be enough to overcome Africa’s massive energy investment challenges? Read more here: https://lnkd.in/emRu9mJb John Everington spoke to Franz Drees-Gross, Joseph N., Anne Lapierre and Charlie Robertson

[ICYMI] Focus On: Africa Energy Week 2024: Investing in African Energies. 🌍 In this episode of Focus On we highlight key areas of investment at the Africa Energy Week 2024. We found out what progress is made to eradicate energy poverty and how technology and collaboration can speed up the process. 🔗 WATCH FULL INTERVIEW HERE: https://lnkd.in/d2m95Z-z #AEW2024 #AfricanEnergyWeek #InvestinAfrica #OilandGas #EnergyTransition AEC African Energy Week

In the short to medium term, electricity generation and distribution needs to be decentralised and localized to community level. This allows for electrification despite struggling T&D, helps power reach far-flung areas, and protects users from national inefficiencies. It also helps us design interventions to drive rural industrialization (and the resulting employment, and higher farmer incomes) which is key for economic growth. The youth bulge, our producer economies, and vast renewable energy resources are opportunities that are convergent and should be leveraged for green industrialization. The goal however is that in the long-term, for electricity access to be borderless. The 100GW flowing down the Congo River should be distributable to East and Southern Africa, Cameroon's vast hydro resources should serve the region frictionlessly. This was my message on my first panel slot representing INENSUS gmbh at the Future of Energy Show in Johannesburg.

High capital costs are stalling clean energy investment across Africa. Though-provoking findings in new report from Clean Air Task Force "As African nations strive to expand energy access to fuel economic growth, the study reveals that the average Weighted Average Cost of Capital (WACC) in Africa stands at an alarming 15.6% – over three times higher than in developed regions like Western Europe and the U.S., where rates typically range between 2% and 5%". A deep challenge to be adressed Lily Odarno Terje Osmundsen https://lnkd.in/ds6GMfN6

Our President/GCEO, Owen Omogiafo OON delivered an insightful keynote address at the Nigeria Energy Summit (Nigeria Energy) yesterday. During her address, she highlighted the crucial role of Public-Private Partnerships in driving Africa’s energy transition. Despite Africa’s vast natural resources, millions still face energy poverty, a challenge we are committed to addressing. With public/private partnerships (PPPs), enabling policies, infrastructure development, and sustainable innovation, we can achieve energy sufficiency, and power Africa’s future. Watch the full video to listen to Dr. Omogiafo’s address. #EnergySufficiency  #TranscorpTransforms

Central Africa is at a critical juncture in its energy governance, which could shape its energy future. The region faces pressing challenges, including energy poverty, limited electricity access, and the need for a just and sustainable energy transition. In addition, financial challenges pose a significant obstacle to the energy transition, especially in the provision of affordable and reliable energy, deployment of renewable energy sources, and the roll-out of a large-scale power grid infrastructure network across the region, which requires comprehensive financing approaches involving public, private, and multilateral sources. This brief published on the Social Science Research Network Journal, that I co-authored along with colleagues from the University of Delaware and the African Development Bank Rhoda Mshana Freda Akyeabea Opoku , highlights the challenges conventional national energy governance systems face, the critical importance of regional cooperation in energy governance, and provides practical recommendations for improved and reliable energy access in Central Africa. Gratefull to trigger some interesting discussions and receive your feedback and insights on the paper. https://lnkd.in/gmV6Tu8B

https://lnkd.in/df4a7HAH A must read #gouvernanceénergétiquerégionale, #sécuritéénergétique, #Afriquecentrale, #accèsàl'énergie, #transitionénergétique Francine MBOCK 👏🏾💪🏾

Leverage invaluable insight’s from Africa’s most prominent figure in the energy sector Mr. NJ Ayuk JD, MBA., the Executive Chairman of the African Energy Chamber. Mr. Ayuk will participate in a comprehensive panel discussion aimed at exploring strategies for "Attracting Investment for the Realization of Energy Equity in Africa." This webinar will delve into various viewpoints on achieving energy equity across the continent, particularly emphasizing the importance of securing the necessary investments for its realization. A critical question arises: should these investments prioritize advancing green energy solutions, or should they focus on optimizing fossil fuel resources and the essential infrastructure needed for the continent's complete industrialization? The event will outline: ·      Current Landscape: Overview of the current state of energy equity in Africa (FEL) ·      Investment Needs: Key areas where investment is crucial to achieve energy equity in the continent. ·      Challenges and Opportunities: Major challenges faced and potential opportunities for investors. ·      Strategies for Attraction: Effective strategies to attract and sustain investment in the energy sector in Africa. ·      Case Studies: Examples of successful initiatives and projects that have made a significant impact Do join us on Wednesday using this link: https://shorturl.at/GkBvy #AfricanInvestments #Investment #EnergyIndustry #AfricanEnergy

19th Session of the West African Power Pool (WAPP) General Assembly Participants will have the opportunity to network with industry experts, share knowledge, and contribute to shaping the future of the regional electricity market The West African Power Pool (WAPP) announces the 19th session of its General Assembly, which will take place from November 25 to 29, 2024, at the Radisson Blu Hotel in Abidjan, Côte d’Ivoire. This major event, organized in collaboration with CI-ENERGIES, will bring together key stakeholders in the energy sector across West Africa to discuss progress in the integration of the regional electricity market and the challenges ahead. This year’s theme, “Advancing the Regional Electricity Market: Overcoming Barriers and Building a Resilient Competitive Power Market,” underscores the critical importance of regional collaboration to achieve energy security and sustainable economic development in West Africa.... read more https://lnkd.in/emWmRAYV #WAPP #PowerPool #Electricity #Africaenergy #EnergyinAfrica #Event

The next big export opportunities for solar & BESS & BOP suppliers is Africa. Why? Because a $90bn World Bank plan to electrify Africa by 2030 gets under way What is this plan? Listen the video https://lnkd.in/gYMdRwz3 Main vehicle to execute this $ 90 Billion plans is going to be Solar Mini Grids + BESS How many Solar Mini Grids Africa Needs? Ans: 160,000 Mini Grids by 2030 to supply electricity to 300+ Million African citizen How many Solar Mini Grids Africa has Ans: Aprrox 12000 - 13000 How to explore this opportunity in Africa? Ans: Understanding the African Markets, Networking with the stakeholders going to implement these projects and issuing the tenders from each African country. Where you can meet all or most of these stakeholders at one place? Ans: Events, Trade Shows, AGM of Global Organsiation of International Renewable Energy Agency (IRENA) Connect with me to know more Oliver Pensulo Gina Bester Anurag Trivedi A. K. Shukla Harshal Sakure Harshal A.