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25 Under 40 Energy Women Rising Stars: Rekik Bekele

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Kinetiko Energy

Rekik Bekele is the CEO and Founder of Green Scene Energy

JOHANNESBURG, South Africa, August 22, 2023/APO Group/ — 

The 25 Under 40 Energy Women Rising Stars is a list celebrating the remarkable achievements of a select group of women across Africa’s energy sector, such as Rekik Bekele. With the objective of providing access to electricity to Ethiopia’s population, Bekele founded Green Scene Energy, and serves as a source of inspiration for many across the industry. The African Energy Chamber (http://www.EnergyChamber.org) spoke to Bekele about her success and future aspirations.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

With a Bachelor of Science (BSc) degree in Electrical Engineering from Addis Ababa University, I have been actively engaged in the sector since 2010. My commitment to professional development and industry engagement is demonstrated by my role as a board member of the Ethiopian-Solar Energy Development Association and her participation as an Acumen East Africa fellow.

In 2016, I founded Green Scene Energy PLC, where I currently serve as the CEO and co-founder. The company has made remarkable achievements in expanding access to clean energy, creating job opportunities, and driving positive change within the industry. I take pride in providing solar home lighting solutions to over 9000 households, installing over 85 pumps, and implementing productive use solutions, thereby improving the lives of numerous individuals and communities.

My dedication to creating a sustainable energy future is further exemplified by my active participation as a keynote speaker in major off-grid energy events. Through these engagements, I share valuable insights and promote sustainable solutions, inspiring others and fostering dialogue within the renewable energy sector. I also take part in speaking engagements at universities and other events, where I aim to motivate and empower young women engineers.

The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

In the renewable energy industry, I have indeed faced several significant challenges along the way. The complexities within the energy industry have required careful navigation and innovative strategies to overcome.

Limited Access to Funding: One of the major challenges has been the limited availability of funding and financial resources. Building and scaling renewable energy projects require significant investments, and securing adequate funding can be a daunting task. To overcome this challenge, I actively sought out partnerships with investors, financial institutions, and international organizations that share our vision of sustainable energy solutions.

Regulatory Environment: Policies and regulations in the energy industry sometimes do not adequately support the growth and development of renewable energy projects. This creates hurdles for implementation and slows down market growth. To address this challenge, we actively engage with government agencies, policymakers, and industry associations to advocate for favorable policies and regulations.

Availability of Foreign Currency: Another challenge we encountered was the availability of foreign currency. This affected the importation of necessary equipment, materials, and components required for renewable energy projects. To navigate through this challenge, we worked closely with financial institutions and partners to explore alternative financing options and strategies for sourcing essential resources locally. This helped us overcome the limitations posed by currency availability.

Impact of the COVID-19 Pandemic: The COVID-19 pandemic had a significant impact on the renewable energy industry. It disrupted supply chains, leading to delays in project implementations and hindering access to necessary materials and resources. Additionally, the closure of construction sites and limitations on international travel also affected progress. To navigate through this challenge, we adapted our operations by implementing remote working arrangements, exploring local supply chains, and prioritizing the safety and well-being of our employees.

Internal Conflict: The internal unrest between the Ethiopian government and the Tigray People’s Liberation Front further added to the challenges faced in the industry. This conflict disrupted operations, hindered project progress, and impacted stability in the region. To navigate through this challenge, we closely monitored developments and made necessary adjustments to ensure the safety of our staff and projects.

My dedication to creating a sustainable energy future is further exemplified by my active participation as a keynote speaker in major off-grid energy events

Despite these challenges, we remain committed to our goals of promoting sustainable energy solutions.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

As a young female aspiring to excel in the energy sector, I would advise you to:

  • Embrace Challenges: Be open to stepping out of your comfort zone and taking on challenging roles or projects. Sometimes, it’s in these unfamiliar territories that you discover your true passion and purpose.
  • Seek Opportunities to Learn: Look for opportunities to gain knowledge and skills in the energy sector. Attend workshops, webinars, and conferences, and stay updated with the latest advancements in the industry. Continuous learning will help you stay ahead and excel in your field.
  • Build a Strong Network: Connect with professionals in the energy sector, both male and female. Networking can provide you with mentorship, guidance, and valuable connections that can help you overcome obstacles and reach your goals.
  • Be Resilient: Overcoming obstacles is a part of any career journey. Develop a mindset of resilience, tenacity, and determination. Learn from failures, adapt and keep moving forward towards your goals.
  • Find Your Passion and Purpose: Identify what truly motivates and inspires you in the energy sector. Whether it’s finding solutions to community problems, like energy poverty, or innovating in the field of sustainable farming, align your work with your passion and become a driving force for positive change.

Remember, success is a journey, and perseverance, continuous learning, and passion will be your guiding lights along the way.

A career in energy can be demanding. Could you describe a typical day in your life?

A career in the energy sector is indeed demanding, and I can relate to the challenges you are facing. Here is a glimpse into a typical day in my life:

6:00 am: I start my day with exercise, either by going for a run or hitting the gym. Physical activity helps me stay energized and focused throughout the day.

8:00 am: I begin my workday by checking emails and reviewing my schedule for the day. This allows me to prioritize tasks and address any urgent matters.

9:00 am: I usually have meetings with my team to discuss ongoing projects, review progress, and address any challenges or opportunities. These discussions involve brainstorming solutions, making strategic decisions, and coordinating resources effectively.

11:00 am: I dedicate this time to collaborating with partners and stakeholders in the energy industry. This may include attending online conferences or meetings to explore potential collaborations, partnerships, or funding opportunities. Building strong relationships and networking are vital for success in this industry.

1:00 pm: I usually bring my lunch or breakfast to the office and have it around this time. Taking a break to nourish myself is important for maintaining focus and productivity.

6:00 pm: My work typically continues until this time, but it may sometimes extend to 8:00 pm or later, depending on the demands of the day. I prioritize completing pending tasks, following up on important matters, and preparing for the next day.

I understand the challenges of balancing work and family life. I am fortunate to have the support of my understanding and supportive family, especially my husband who is also my business partner. His sacrifice and dedication to our shared vision have been instrumental in establishing Green Scene Energy UK. While it can be demanding, I try to find a balance and make time for my family and personal interests like running and dancing.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I have several hopes for changes and advancements in the energy sector:

  • Energy Access for All: I hope to see a significant shift to ensure universal access to clean and affordable energy. I hope to see advancements in technology and innovative business models that can bring energy access to underserved communities, both in rural and urban areas.
  • Green Scene’s vision is to contribute to the national electrification plan. Manufacturing solar appliances for rural households and generating energy with Power Purchase Agreements (PPA) are promising approaches.
  • Manufacturing Solar Appliances: By manufacturing solar appliances specifically designed for rural households, Green Scene can help bridge the electricity gap in Ethiopia. This initiative will provide access to clean and affordable energy for millions of households, improving their quality of life, and supporting socio-economic development.
  • Generating Energy with PPAs: PPAs can play a crucial role in increasing renewable energy generation capacity. By partnering with private investors, government entities, or utilities, Green Scene can establish renewable energy power plants and sell the generated electricity through long-term agreements.

Distributed by APO Group on behalf of African Energy Chamber.

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African Development Bank Partners with Interpol to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa

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African Development Bank

According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy

ABIDJAN, Ivory Coast, February 21, 2025/APO Group/ –The African Development Bank Group (www.AfDB.org) has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organization (Interpol) today. The Bank Group is the first multilateral development bank to establish such a collaboration with Interpol.

The Letter of Intent was signed on Wednesday by African Development Bank Group President Dr. Akinwumi Adesina and Interpol Secretary General Valdecy Urquiza, who visited the Bank’s headquarters in Abidjan.

The partnership will enhance collaboration between the Bank’s Office of Integrity and Anti-Corruption (https://apo-opa.co/3QrB4ku) and Interpol’s Financial Crime and Anti-Corruption Centre. It will focus on sharing expertise, enhancing investigative capabilities, and developing preventive measures against emerging financial crime threats, including cybercrime, anti-corruption measures, and counter-terrorism financing.

This initiative comes as Africa faces significant challenges of illicit financial flows, estimated at nearly $90 billion annually—a loss of resources that could otherwise be invested in critical development needs including water, sanitation, health, food, and energy infrastructure.

As an institution that deploys approximately $10 billion annually in development financing, with the majority going to government projects, the African Development Bank Group brings crucial insight into regional financial flows and development challenges, Adesina said.

Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world

“This partnership demonstrates our commitment to protecting development resources and ensuring they reach their intended beneficiaries,” said Adesina. “As the world’s most transparent financial institution for two consecutive editions (https://apo-opa.co/41o3TVt) [according to Publish What You Fund’s assessment of sovereign portfolios], we maintain zero tolerance for corruption and terrorism financing. By joining forces with Interpol, we are strengthening our capacity to help African countries build robust systems against money laundering and financial crime.”

Rapid advancements in digital technology have also led to an increase in internet-enabled financial crimes. According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy.

Secretary General Urquiza, who was elected to his position in November 2024, said, “Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world. The evolving nature of financial crime, particularly in the digital environment, requires strong partnerships between law enforcement and financial institutions. Interpol’s closer relationship with the African Development Bank Group will help law enforcement agencies and financial institutions across Africa tackle increasingly sophisticated financial crime threats.”

Adesina said the Bank will continue to tackle these challenges by:

  • Building capacity and supporting African countries in strengthening transparent and accountable governance and strong institutions capable of driving inclusive and sustainable growth and resilient economies.
  • Strengthening Know Your Customer and Due Diligence systems to prevent and to fight fraud and corruption.
  • Ensure that the Bank’s resources are used for their intended purposes in a transparent and accountable manner, a practice that has led to the Bank being recognized for two consecutive editions as the most transparent multilateral development bank in the world by Publish What You Fund.

The high-level Interpol delegation that accompanied Secretary General Urquiza included Mr. Silvino Schlickmann, Director of Governance and Ms. Paule Ouedraogo, Head of Interpol’s Regional Bureau.

The African Development Bank Group was represented by members of President Adesina’s senior management team including the director of the Office of Integrity and Anti-Corruption, Ms. Paula da Costa.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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World-leading Crypto Event Launches APAC’s Largest Debut with Consensus Hong Kong 2025

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Blockchain

Over 350 side events transformed mega digital assets event to mega festivities
HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – Regarded as the “Super Bowl of Blockchain” and “the World Cup of Web3”, Consensus, the most influential and longest-running event of the crypto world, picked Hong Kong as a destination to expand beyond North America, with a record-setting debut of nearly 10,000 from over 100 countries and regions converging at the Hong Kong Convention and Exhibition Centre from 18-20 February.

Phoebe Shing, Director, Business Development Team Lead, MICE • MICE-Business Development of the Hong Kong Tourism Board (HKTB), said, “The tremendous success of Consensus’s Hong Kong debut marked the city as one of the most conducive destinations to expand the global footprint of proven events. More than a world’s meeting place, Hong Kong is also a super-connector in the world of finance, innovation and technology (I&T) and global cultures. This mega crypto event also puts Hong Kong on the forefront of accelerating the region’s advancement, while generating high-yield tourism spending and business activities to fuel Hong Kong’s economy.”

A convergence of who’s who in the world of blockchain, digital assets and web3

Asia’s top financial policymakers, crypto thought-leaders and investors shared the main stage with Mainland and world pioneers in blockchain, digital assets and web3 fields, defining what’s next and mapping the way forward for greater impact. The cast of stellar speakers notably included Richard Teng, CEO of Binance, the largest crypto exchange by trading volume; Adam Back, CEO and co-founder of Blockstream, a global leader in Bitcoin and blockchain technologies; Yat Siu, Co-Founder & Chairman Animoca Brands, a global leader in blockchain and gaming; Hong Fang, President of OKX, a leading Web3 technology company and leading crypto exchange, and many more.

Sara Stratoberdha, CEO of CoinDesk said, “Consensus has been running for over 10 years and is one of the longest-running and comprehensive digital assets events in the world. Hong Kong, a Fintech hub in Asia serves as a global center for crypto and web3 technologies, with favourable policies and a large pool of talent for blockchain, digital assets and web3 to thrive. We are thrilled to see that over 75% of attendees are coming from outside Hong Kong. A truly international event! The city has proven the ideal choice for expanding Consensus beyond North America.”

A strong line-up of over 350 side events, delivering huge commercial value

Consensus Hong Kong 2025 was embellished with more than 350 side events, giving the energetic global crypto community diverse opportunities to showcase their expertise, create and renew partnerships and party to the heart’s content.

Michael Lau, Chairman of Consensus Hong Kong, added, “The scale of the inaugural Hong Kong event has surpassed our expectations, with nearly 10,000 attendees and what truly surprised us is that the community and industry were eager to participate and the fact that we ended up hosting over 350 side events is a strong testament to Hong Kong as a leading global FinTech hub where we have a vibrant ecosystem, entrepreneurial spirits, innovative cultures that nowhere else can replicate. I am also appreciative of the support from the HKTB in securing the event for the city I call home.”

Transforming business events into mega festivals

Consensus Hong Kong also spectacularly transformed a leading business event into a mega festival, kicking off with its Opening Party – Rooftop Revelry, held at Cloud 39, the ultra-luxury rooftop ballroom of iconic landmark in Central The Henderson that set the tone for the event’s sophisticated networking occasions. Action continued all the way to its long-established tradition of Music Festival and Crypto Fight Night, extending to Hong Kong’s unique horse-racing and night party at Lan Kwai Fong. The conference concluded with a bang with the Consensus Closing Party in Lan Kwai Fong, where participants were treated to an open bar, live music and fun networking.

Brad Spies, Vice President of Consensus, said, “Hong Kong has a long legacy of finance, banking and some of the deepest capital markets in the world; but it’s also such a vibrant and diverse city with the best restaurants, fantastic venues and unique experiences. The city simply fulfilled the promises of delivering the best of business and fun. Hong Kong is such a world-class city for people to come and transform business events into mega festivals.”

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Saudi Arabia Expands Energy Ties with Africa: A Look at Key Investments, Partnerships

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Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals between Saudi Arabia and African countries

CAPE TOWN, South Africa, February 21, 2025/APO Group/ –Earlier this week, Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Saudi Arabia’s Minister of Energy Abdulaziz bin Salman Al Saud signed an agreement to develop an executive plan for energy efficiency cooperation, strengthening bilateral ties in the energy sector and fostering sustainable development. This follows another significant development in September, in which Egyptian Prime Minister Mostafa Madbouly secured a $5 billion pledge from Saudi Arabia’s PIF, representing the “first phase” of a larger investment strategy.

As a leading global energy giant, Saudi Arabia has been actively investing in Africa’s energy sector, aiming to expand its energy reserves, advance energy diplomacy and compete with other global superpowers. This strategic push not only strengthens Saudi Arabia’s influence in the region, but also paves the way for deeper economic and political ties with African nations.

To date, the lion’s share of investment in Africa’s energy sector has focused on clean energy advancements. With total project costs reaching $7 billion across the continent, Saudi developer ACWA Power stands as the leading private-sector investor in African renewable energy. In October 2024, the company announced that its Redstone solar plant in South Africa was set to achieve its full 100 MW capacity, while its Kom Ombo solar PV plant in Egypt successfully reached its full capacity of 200 MW. ACWA Power is also leading Project DAO, South Africa’s largest hybrid renewable power plant, with an $800 million investment. The project is expected to come online by 2026 and aligns with the Kingdom’s broader Vision 2030 goals.

In addition to renewable energy, Saudi Arabia is diversifying its investments to secure critical minerals for clean energy technologies. In October, Saudi Arabia’s Manara Minerals, a joint venture between Ma’aden and the Public Investment Fund (PIF), entered advanced talks to acquire a minority stake in First Quantum Minerals’ Zambian copper and nickel assets. The potential investment, valued between $1.5 billion and $2 billion, underscores Saudi Arabia’s strategy to secure critical minerals that are vital for the global clean energy transition.

Turning to broader regional commitments, Saudi Arabia’s financial support for Africa’s energy infrastructure has grown. In October, the Kingdom announced a major funding initiative, pledging at least $41 billion for sub-Saharan African nations. This includes $1 billion for development, $5 billion for startups, $10 billion in financing from the Saudi Export-Import Bank and $25 billion in private sector investments over the next decade.

Meanwhile, the Saudi Ministry of Energy has established the “Empowering Africa” initiative as part of its broader commitment to supporting sustainable development across the continent. In collaboration with the Ministries of Communications and Information Technology and Health, the initiative aims to deliver clean energy, connectivity, e-health and e-learning solutions to enhance lives and promote long-term growth in Africa. Building upon the Clean Fuel Solutions for Cooking Program, it focuses on providing cleaner cooking solutions to vulnerable populations, aiming to reduce reliance on traditional biomass fuels and improve health outcomes for millions of households. Minister bin Salman Al Saud has emphasized energy as a fundamental human right and is spearheading efforts to improve access to clean cooking technologies across the continent.

Additionally, state-owned petroleum company Saudi Aramco is strengthening its partnerships with African nations to support energy investments and mobilization. These collaborations are expected to drive infrastructure development, enhance oil and gas production capacity and facilitate knowledge transfer between Saudi and African energy stakeholders, while aligning with broader energy security and sustainability goals.

In the multilateral arena, the African Energy Chamber is working with Saudi Arabia to support South Africa’s G20 energy investments and mobilization. This partnership is set to facilitate greater financing and policy coordination, ensuring Africa’s energy priorities are well-represented in global energy discussions. The upcoming African Energy Week: Invest in African Energies conference in Cape Town serves as a key platform to facilitate and support these investments, bringing together Saudi stakeholders, African governments and global energy leaders to advance new projects, strengthen partnerships and accelerate the continent’s energy transition. These collaborations are essential in addressing energy challenges, driving economic growth and fostering long-term sustainability. As Saudi investments expand – alongside those of other G20 nations – their impact on Africa’s energy landscape will only deepen.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

Distributed by APO Group on behalf of African Energy Chamber.

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