Connect with us

Business

Africa Energy Conference held in Africa for the First Time

Published

on

Africa Energy Conference

With a long-standing record, the aef brings together key stakeholders to discuss, debate, and shape the future of the continent’s power industry

NAIROBI, Kenya, June 21, 2023/APO Group/ — 

The Africa Energy Forum (aef) kicked off in Nairobi, Kenya its first time in Africa as part of its 25th anniversary celebration at the Kenyatta International Convention Centre (KICC). The forum which was organized by EnergyNet (https://www.EnergyNet.co.uk/) and officially endorsed by Kenya’s President H.E. Dr. William Ruto will run from June 20th to 23rd 2023.

The aef, widely recognized as the premier gathering of decision-makers in African energy, has been instrumental in forming partnerships, identifying opportunities, and driving the industry forward over the past 24 years.

“Kenya’s experience of energy sector potential, policies, investment opportunities and projects exemplify the huge possibilities within the African energy and climate action complex. Decades ago, Kenya boldly invested in the development of its renewable energy potential at a time when it was not fashionable to do so,” said President Ruto.

“The decision has paid off: Renewable sources form 73 % of our installed electricity generation capacity, accounting for over 90% of electricity generated and distributed in the country,” he added.

Simon Gosling, MD of EnergyNet Ltd, said, “We are thrilled to bring the Africa Energy Forum to mainland Africa for the first time, marking this special 25th anniversary. This edition will provide an unparalleled platform for stakeholders to connect, collaborate, and drive the continent’s energy agenda forward.”

As it enters its 25th edition, the aef promises to deliver an extraordinary experience for participants, fostering dialogue and promoting collaboration among governments, regulators, utilities, development finance institutions, commercial banks, power developers, technology providers, EPCs, and professional services. KenGen, Kenya’s largest power producer, is the host of this year’s event.

Under the theme “Africa for Africa”, this year’s agenda will prioritise strategic areas such as mining, hydrogen, connectivity, and the “Just Transition”, to advancing projects, partnerships, and business development in the energy sector. Adam Cortese, CEO of Sun Africa said, “We are at the forefront of clean energy in Africa. With our unmatched technical expertise, supply chain capabilities, best-in-class EPC partners, and access to capital, we deliver clean energy solutions with market-leading costs and efficiency, from utility-scale installations all the way down to microgrids.”

Kenya boldly invested in the development of its renewable energy potential at a time when it was not fashionable to do so

“Clean energy is at the core of Sun Africa’s commercial strategy. We deliver clean energy solutions to our partners by providing our partners with vast technical expertise, best in class EPC partners and access to capital. Our solutions have market leading costs and efficiency, including utility scale installations and microgrids,” he added.

Best known for organizing the aef, EnergyNet has established itself as the premier business development meeting place for senior-level decision-makers in Africa’s power sector. With a long-standing record, the aef brings together key stakeholders to discuss, debate, and shape the future of the continent’s power industry.

Running alongside aef, the Youth Energy Summit (YES!) will return for its second edition, dedicated to empowering and equipping the next generation of African energy leaders. YES! will gather over 1,000 participants, including early career professionals, entrepreneurs, students, and educators, to enhance their skills, connections, and business readiness to accelerate access to reliable energy across the continent. Through partnerships with various universities across Africa, YES! aims to engage students and educators in dialogue, better-preparing graduates for today’s fast-moving workforce. This year, with the support of key partnerships spanning corporates, foundations, NGOs, universities, and sector initiatives, YES! can showcase its credentials alongside aef on home soil.

A noteworthy addition to this year’s event is the Global Energy Alliance for People and Planet (GEAPP), joining as the event’s first foundational partner. Comprising philanthropists, local entrepreneurs, governments, technology enablers, policymakers, and finance partners, GEAPP aims to support developing countries’ shift to a clean energy, pro-growth model that ensures universal energy access and economic development.

Attendees at the aef will have the opportunity to engage with stakeholders and decision-makers from across the continent and around the world. They can participate in high-level panel discussions, interactive workshops, and talks covering a wide range of themes and issues, including the expansion of renewables in Africa, overcoming barriers to energy transition in the mining sectors, and Africa’s potential to become a global hydrogen powerhouse.

Africa Energy Forum will cover a range of exciting themes and topics vital to the African energy sector. With engaging panel discussions and insightful topics, attendees can expect a packed agenda filled with knowledge sharing and valuable insights for the African energy sector.

The increasing pace and scale of renewable energy projects in Africa and project pipelines will be explored, as well as the growing role of Africa’s gas resources in today’s geopolitical context. Discussions and talks will also focus on breaking down barriers to energy transition in the mining sector, the challenges and opportunities around capital flow and risk mitigation in today’s markets and financing the African ‘transition’.

This year’s event will also feature new streams that delve into two important topics: ‘Mining, Critical Minerals and Energy’ and ‘Hydrogen – Africa’s Opportunity’.

By bringing together industry leaders, experts, policymakers, and stakeholders, the aef facilitates the exchange of ideas, best practices, and innovative approaches to address the continent’s energy challenges. Through these engagements, the aef aims to catalyse the development of sustainable energy projects, technologies, and policies that will contribute to the continent’s energy transition and support its economic growth and social development.

Distributed by APO Group on behalf of EnergyNet Ltd..

Business

RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

Published

on

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities

JOHANNESBURG, South Africa, November 22, 2024/APO Group/ — 

MediaTek (www.MediaTek.com), a global fabless semiconductor company powering nearly 2 billion connected devices a year, and RIOT Network (https://RIOT.Network), a community mobile broadband provider in South Africa, have announced the successful integration of Mediatek’s Filogic 830 (https://apo-opa.co/3CIbkNl) chipset into RIOT’s second-generation CROWDNet Core Nodes.

The successful deployment of the CROWDNet nodes has enabled RIOT Network to achieve its aim of offering uncapped internet at an affordable price of R99 per month, and to do so profitably. To date, RIOT Network, in partnership with Sonke Telecommunications, has leveraged the nodes to connect more than 800 households and 5000 users in Olievenhoutbosch to uncapped Wi-Fi services.

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities. Its CROWDNet Nodes, enable an innovative model for deploying user-operated network infrastructure. Community members serve as operators of some of the core network devices to earn a share of the fee from neighbours who use the service.

With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity

CROWDNet powered by MediaTek Filogic 830 brings affordable, last-kilometre broadband to communities where it is not commercially viable to deploy towers or fibre. The MediaTek Filogic 830 is a high-performance SoC for routers, repeaters, access points and mesh networking devices. The SoC enables device makers to build-in powerful applications based on an energy-efficient, Wi-Fi 6-ready platform.

“The Mediatek’s Filogic 830 chipset delivers a unique balance of high performance and cost-efficiency, allowing us to keep operational costs low while maximising network reliability and speed,” said Jarryd Bekker, CEO at RIOT Network. “This combination of affordability and sustainable business growth is pivotal to our vision of expanding digital access in underserved communities. Our work in Olievenhoutbosch near Centurion demonstrates the power of reliable, affordable internet, creating new opportunities for economic and social engagement.”

“With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity,” said Rami Osman (https://apo-opa.co/4ghZBUn), Director for Business Development, MediaTek Middle East and Africa. “We look forward to supporting RIOT in building a future where high-quality internet is accessible and impactful for all.”

Distributed by APO Group on behalf of MediaTek Inc

Continue Reading

Business

African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

Published

on

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Business

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

Published

on

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

Egalement disponible en Français

JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

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 to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. 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.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Trending

Exit mobile version