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How to Drive Africa’s Energy Transition (By Anibor Kragha)

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5 months ago

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African

The Continent’s Energy Transition Must Be Locally Led

ABIDJAN, Ivory Coast, September 4, 2025/APO Group/ —By Anibor Kragha, Executive Secretary, African Refiners & Distributors Association (ARDA) (https://ARDA.Africa/).

External expectations have framed Africa’s role in the energy transition for years. Despite facing different realities, such as limited infrastructure, restricted access to capital, and less influence in global energy policy, it has been assumed that Africa will follow the same decarbonisation path as developed economies.

This way of thinking is misaligned with today’s realities. Africa’s priorities—improving access, promoting industrial growth, and building resilience—must be reflected in its energy strategy. The continent is actively involved in the global shift. It is, however, doing this on its own terms.

At the African Refiners & Distributors Association (ARDA), we believe the continent’s energy transition must be designed in Africa, for Africa, balancing three urgent imperatives: expanding energy access, driving industrial growth, and prioritising energy security for the continent That means shaping policies, financing mechanisms, and partnerships that work for Africa rather than copying models that do not.

Across Africa, governments and private sector players are investing in diversified energy portfolios that reflect both local needs and global sustainability goals. In Angola, construction is progressing on a 35MW solar project, part of a broader pipeline exceeding 3GW of planned solar, wind, and hydropower developments.

In Uganda, the 250MW Bujagali hydropower plant continues to play a vital role in stabilising the national electricity supply. Meanwhile, South Africa is advancing a 316MW solar PV installation paired with 500MWh of battery storage.

These projects indicate a significant move toward energy independence and long-term resilience. The continent is not only catching up with global energy trends but also accelerating them, with locally-led solutions and designed with long-lasting impact.

Bold vision, however, is not enough. To scale Africa’s energy transition, there will need to be structural follow-through. Three crucial factors will determine if the continent can move from prospective projects to transformative change: sustainable finance, regional integration, and investor-friendly policy frameworks.

The investments we make today must be forward-thinking, aimed at speeding up the transition to a diverse, low-emission energy economy that promotes inclusive growth and progress

1. Sustainable Finance

The African Development Bank estimates that Africa’s energy transition will cost around $100 billion per year between 2020 and 2040.

Current capital flows fall significantly short, and the financing that does exist often comes with higher risk premiums, shorter loan terms and limited flexibility.

ARDA is championing innovative financing models that blend public and private capital, lower investment risks, and align global climate finance with Africa’s development priorities. To attract serious investment, Africa needs to utilise smart financing strategies that utilise public and private money, reduce risks for investors, and encourage global institutions to support energy projects. This approach can minimise risks for investors and encourage institutions to back energy projects. It’s also vital to prioritise initiatives that merge renewable energy with storage systems. Not only do these projects help cut down emissions, but they also ensure a steady electricity supply, support various industries, and ultimately, strengthen the economy.

2. Regional Integration

Many African countries remain reliant on fragmented, underpowered national grids that struggle to attract large-scale investment. Regional integration is essential, and it depends on harmonised regulations, cross-border infrastructure, and shared power resources. Initiatives like the African Single Electricity Market (AfSEM) and the African Continental Free Trade Area (AfCFTA) lay the groundwork for collaboration. What we need now is political unity and focused investment to transform these initiatives into platforms for energy security and economic growth.

3. Policy Frameworks

Africa is catching the eye of global investors, but what it needs is predictability. Governments must consider implementing policies that simplify the process of permitting, financing, and running energy projects. Whether it’s through feed-in tariffs, tax incentives, or local regulations, the aim remains the same: to cut down on uncertainty, reduce costs and attract long-term investments. ARDA works with policymakers to design frameworks that enable private participation, ensuring that energy projects are not only bankable but also deliver lasting local value.

The countries that will lead the continent’s energy shift are those that provide a stable and transparent environment, allowing both public and private players to collaborate with confidence. Most importantly, this energy transition must create local value. It should focus on building skills, transferring technology, and sparking new industries, from battery production to green hydrogen. Every megawatt generated should be viewed not just as electricity produced, but as a job created, a business empowered, and a supply chain bolstered.

Africa’s energy transition is about making smart choices. Cleaner fuels like natural gas will continue to play a vital role in the short to medium term, particularly in replacing high-emission diesel and fuel oil in power generation and transport. Mozambique, through its significant gas reserves and ongoing LNG initiatives, plays an increasingly important role in shaping Africa’s transitional energy future. These transition fuels are essential to maintaining reliability while building capacity for a low-carbon future.

The investments we make today must be forward-thinking, aimed at speeding up the transition to a diverse, low-emission energy economy that promotes inclusive growth and progress. The global community stands to gain immensely from the continent’s transition. The real question isn’t whether Africa will make this shift; it’s about how quickly and decisively the world is ready to back that journey.

Distributed by APO Group on behalf of African Refiners & Distributors Association (ARDA).

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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2 days ago

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February 6, 2026

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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2 days ago

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February 6, 2026

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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February 6, 2026

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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