African Development Bank Group (AfDB)
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    • The project involves the design, construction, operation, and maintenance of a greenfield wind farm divided into two sites, located along the Gulf of Suez
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Source: African Development Bank Group (AfDB) |

Egypt: African Development Bank Approves $170 Million for Egypt’s Largest Wind Energy Project

The Bank’s financing is in addition to financing expected from a consortium of Development Finance Institutions (DFIs), banks, and financial institutions

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative. The total project cost is estimated at $1.1 billion. The Bank’s financing is in…

Source: Starsight Energy |

Flipping the switch: is decarbonisation possible for Africa?

The battle is no longer between clean energy and cheap energy; it is now significantly more affordable to go the renewable route

Paul van Zijl, Group CEO at Starsight Energy (www.StarsightEnergy.com), believes it is. He maintains that we must apply a contextual lens and move away from all-or-nothing thinking, employing a holistic, phased and sustainable approach to the continent’s energy mix. It’s fair to say that the global imperative to ‘decarbonise’ –…

Office of Climate Change and Circular Economy (OCCE)
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    • OCCE at COP29
    • Group Photograph between OCCE and EU Africa Chamber of Commerce representatives at the Expression of Interest signing at COP29 Baku
    • Special Adviser on Climate Change and Circular Economy Lagos State Titi Oshodi with CEO of Carbonivity Dr Adebola Odunusi at COP29 Baku
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Source: Office of Climate Change and Circular Economy (OCCE) |

Lagos State Signs Expression of Interest with EU-Africa Chamber of Commerce at Conference of the Parties (COP29) to Boost Green Financing, Technology Transfer, and Sustainable Development


EU-Africa Chamber of Commerce (EUACC) to Leverage Network to Accelerate the State’s Transition to Green Economy, drive transformative green projects and unlock investment opportunities

The Lagos State, through the Office of Special Adviser on Climate Change and Circular Economy (OCCE) (https://OCCELagos.org/) has taken a significant step toward advancing sustainable development by signing an Expression of Interest (EoI) to partner with the EU-Africa Chamber of Commerce (EUACC) (https://EU-Africa-Chamber.org/) during COP29 in Baku, Azerbaijan. This strategic partnership aims…

African Energy Chamber
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    • NJ Ayuk, Executive Chairman of the African Energy Chamber
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Source: African Energy Chamber |

Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org). I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders. To begin with, I would love…

Source: Republic of South Africa: The Parliament |

Media Statement: Electricity and Energy Committee Received a Briefing on Just Energy Transition

The committee also expressed concerns about the weaponising of climate change legislation by developed countries, which could disadvantage South Africa's economy and trade

The Portfolio Committee on Electricity and Energy received a briefing on the Just Energy Transition (JET) Investment Plan and Implementation Plan from the Presidency's Project Management Office and the Department of Mineral Resources and Energy. It was taken through the different investment portfolios within the plan, including details on the…

350.org
Source: 350.org |

The 29th Conference of the Parties (COP29): No more delay. Time to pay up is now! (By Landry Ninteretse)

COP29 is taking place in a challenging geopolitical and economic context marked by a downward trend in global growth, drastic budgetary constraints and cuts in almost all countries

By Landry Ninteretse, 350Africa.org Regional Director (www.350Africa.org). As the Baku climate negotiations enter the final stretch, we are still very far from an agreement. There is no clarity on the climate finance target, the quality of the finance, or how it will be made accessible to developing countries. The latter,…

Source: Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) |

Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) urges African leaders and the international community to fulfill their commitments to climate justice

As COP29 takes place in Baku, Azerbaijan, from November 11 to 22, 2024, world leaders are urged to maintain the momentum established at COP28

The Justice, Peace, and Development Commission of SECAM (www.SECAM.org), in collaboration with its Environment and Climate Change Working Group, is urging African leaders and the international community to prioritise public investment, improve energy infrastructure, and fulfill their commitments to climate justice and funding. These actions are vital for meeting the…

African Energy Chamber
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    • African Energy Week (AEW) 2024: Local Manufacturing Key to Advancing Green Technologies
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Source: African Energy Chamber |

African Energy Week (AEW) 2024: Local Manufacturing Key to Advancing Green Technologies

While steps are being taken to roll out green energy initiatives across Africa, the renewable energy industry will require greater investments in local capacity

The African continent is developing promising green technologies to address energy access disparities and to foster economic growth. Its countries should take an active role in local sustainable energy solutions, rather than merely being consumers of these technologies. At a dedicated panel session at African Energy Week: Invest in African…

African Energy Chamber
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    • African Energy Week (AEW) 2024: Africa’s Energy Infrastructure Can Only Succeed with Enhanced Transmission
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Source: African Energy Chamber |

African Energy Week (AEW) 2024: Africa’s Energy Infrastructure Can Only Succeed with Enhanced Transmission

Modernizing grids, expanding transmission capabilities are top of the list for utilities and industry alike

As the demand for electricity continues to rise across the African continent, it is imperative for countries to act swiftly to enhance transmission capabilities and develop robust infrastructure to secure new energy integration sources over the next 25 years. A recent report by consulting firm McKinsey & Company estimates that $400…

Informa Markets: Energy
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    • Successful inaugural Africa Energy Expo firmly establishes itself as a platform for advancing Africa’s energy and utilities industry (1)
    • Successful inaugural Africa Energy Expo firmly establishes itself as a platform for advancing Africa’s energy and utilities industry (2)
    • Successful inaugural Africa Energy Expo firmly establishes itself as a platform for advancing Africa’s energy and utilities industry (3)
    • Successful inaugural Africa Energy Expo firmly establishes itself as a platform for advancing Africa’s energy and utilities industry (4)
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Source: Informa Markets: Energy |

Successful inaugural Africa Energy Expo firmly establishes itself as a platform for advancing Africa’s energy and utilities industry

The event saw Africa’s most influential decision-makers and visionaries convene for three days of high-level discussions on critical issues in the sector

As the first-ever Africa Energy Expo (AEE) wrapped up at the Kigali Convention Centre in Rwanda, delegates and participants alike expressed their appreciation for the opportunity to collaborate to find solutions to the continent’s energy and utilities challenges and leverage its immense opportunities. Organised by Informa Markets (www.InformaMarkets.com) and endorsed…