Tagged in: African energy sector

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African industry’s head turned by renewables

Africa’s energy transition is creating opportunities for industrial users to tap into non-fossil fuel supply sources – delivering greater reliability and improved prices.…

Market reform essential to attract private capital to energy sector

As Africa transitions towards a lower-carbon energy system, reforming market structures in order to mobilise more private capital into energy projects must be a key priority for policymakers, argues Rory Connor

Many African countries have set out ambitious proposals for transitioning to a lower-carbon energy system, particularly through expansion of renewable energy.

Swedfund targets renewables

Gunilla Nilsson, Senior Investment Manager at Swedfund, talks to us what drives the Swedish development funding institution’s strategy in funding African energy projects

Can you explain Swedfund’s mandate in supporting African energy projects?

Power is only half the story, says Lekela CEO

Energy companies need to combine the energy impact of their work with positive economic impacts for the communities where they build their plants, says Lekela CEO Chris Antonopoulos

In the middle of December, as 2019 wound to a close, a group of engineers achieved a significant milestone in West Africa.…

How is Covid-19 impacting energy investment? African Business surveys market

A survey by African Business has found that investors in Africa’s energy sector are worried about the fallout from Covid-19 but remain generally confident about the continent’s prospects

Over 50% of African energy market participants polled by African Business say that Covid-19 will have an impact on their investment strategy in 2020/2021 (see Fig 1 – to view Figs 1-6 in a separate window click here), but participants remain bullish about the prospects for renewable energy and continue to see the continent as an attractive opportunity.