Afstor Oy, a company focused on renewable energy, is making big moves to tackle energy poverty in sub-Saharan Africa. With over 840 million people in the region lacking electricity, Afstor’s solar home systems are designed to bring clean energy for cooking, lighting, and running small appliances. This effort comes at a time when finding sustainable…
Africa is facing a big challenge as its energy demand keeps rising, which is pushing for collaboration among nations to meet this urgent need. Recent discussions among African ministers, including Gwede Mantashe from South Africa, Chems Eddine Chitour from Algeria, Mohamed Shaker El-Markabi from Egypt, and Sophie Gladima from Senegal, highlighted the importance of renewable…
West Africa is at a turning point in its energy journey, facing big challenges but also plenty of opportunities. With a population of over 400 million and a growing economy, the demand for energy is rising fast. Right now, only about 42% of people have access to electricity, and the existing infrastructure can only meet…
Nigeria is facing serious energy challenges, including widespread energy poverty and a heavy reliance on fossil fuels. The country has long dealt with frequent power outages and an underdeveloped grid infrastructure, leaving many communities without reliable electricity. To tackle these issues, Konexa, a UK-based energy development and investment platform, has secured $18 million to establish…
As eco-consumerism continues to gain traction, manufacturers are increasingly feeling the pressure to adopt clean energy practices. This shift is largely driven by consumers who prioritize sustainability in their purchasing decisions. Today’s buyers are more informed and concerned about the environmental impact of their choices, leading them to seek out products that align with their…
Labour’s Clean Energy Agenda is focusing on tapping into renewable energy, with Morocco standing out as a leader in this area within the Middle East and North Africa (MENA) region. The country has set bold targets to increase its renewable energy capacity to 52% by 2030. This ambition highlights Morocco’s commitment to transitioning from fossil…
African Energy Week (AEW) 2024 is set to take place from November 4-8 in Cape Town, South Africa, bringing together key players in the energy sector to discuss the future of energy in Africa. This year, Preng & Associates, a leading executive search firm specializing in the energy industry, will participate in the event. Founded…
Namibia is making impressive progress in its shift toward renewable energy, recently partnering with the United States and the World Bank to boost its clean energy projects. This partnership focuses on expanding solar, wind, and green hydrogen initiatives, marking a critical step in Namibia’s journey to becoming a leader in renewable energy within the region….
Grid Africa, a leading player in renewable energy, has secured an equity investment of R50 million (about $2.8 million) from Rifuwo Energy Partners. This funding will help accelerate the development of solar energy projects across South Africa, giving much-needed support to businesses dealing with rising energy costs during the ongoing energy crisis. The investment comes…
Africa possesses abundant mineral resources that are essential for the worldwide shift to renewable energy sources. However, the continent faces major difficulties in using this wealth to support long-term growth. Although Africa holds approximately 30% of the world’s mineral deposits, including important materials like cobalt, lithium, and manganese, many African countries struggle with limited funds…
