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Inside Africa’s Green Economy: Kevin Munjal on What’s Coming Next

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Kevin Munjal, Director of Development Impact at FSD Africa, highlights the potential for up to 84.5 million green jobs in Africa by 2050 if capital flows to service-led value chains, regulations are enforced, and skills systems modernised

CAPE TOWN, South Africa, July 30, 2026/APO Group/ —Exclusive interview with Kevin Munjal, Director, Development Impact at FSD Africa, which recently published a report on “Unlocking Africa’s Green Transition: Opportunities Towards a Green and Inclusive Workforce (https://apo-opa.co/4yMIbJt)” in partnership with Shell Foundation. It contains highly relevant insights for stakeholders working on Africa’s green transition and related human capital challenges.  

Interview Summary:
Kevin Munjal, Director of Development Impact at FSD Africa, highlights the potential for up to 84.5 million green jobs in Africa by 2050 if capital flows to service-led value chains, regulations are enforced, and skills systems modernised. He stresses vocational training models with guaranteed income pathways, innovative financing that embeds workforce development into green infrastructure, and mobile-based social protection for informal workers.

Gender equity requires targeted interventions across both formal and informal economies. Clean cooking and waste recycling are identified as transformative sectors, while national strategies must reflect distinct labour market structures in Nigeria, South Africa and Kenya.

Let’s start with some background on you and the work that you do for FSD Africa. Where in Africa are you active?
My name is Kevin Munjal, I’m the Director of Development Impact at FSD Africa. FSD Africa is a specialist development agency deploying financial and non-financial instruments to strengthen Africa’s financial sector to enable the continent to mobilise sustainable capital at scale for financing of its development needs. We currently have a presence in over 30 countries.

As Director of Development Impact, I oversee the body of work that helps FSD Africa understand the effectiveness of its financial sector development strategies. Together with my team, we help craft and test hypotheses, generating data and insights that inform stronger programming.

I also oversee a growing portfolio of work on green skills and jobs, advocating for climate financing strategies that enable a just green transition in Africa.

The recently published FSD Africa report projects up to 84.5 million green jobs by 2050. What policy choices are most critical to ensure Africa reaches the high scenario outcome rather than falling short?
The gap between the low and high scenarios, 18 million jobs by 2050,  comes down to three things: where capital is directed, whether regulations are enforced, and whether skills systems keep pace with deployment.

On capital, the high scenario requires finance to flow toward service-led value chains like clean cooking, solar home systems, waste recycling, e-mobility, rather than concentrating in utility-scale infrastructure. These service chains generate more jobs per dollar and reach more people.

On regulation, the gap between policy intent and market reality is enormous. Thirteen African countries have published e-mobility strategies, but very few have operational enforcement frameworks. Clean cooking targets appear in only 45% of African NDCs.

On skills, the training systems that exist are largely calibrated to legacy technologies. There are no national training programmes for IoT-enabled remote operations, battery management system governance, or carbon measurement and verification in any of the three countries we studied.

How can African governments and industry rapidly scale vocational training and skills systems to meet demand?
Africa’s renewable energy workforce is around 324,000 people—just 2% of the global total—despite the continent holding 60% of the world’s best solar resources. That gap cannot be closed through the formal TVET system alone, which is too slow to reform and too geographically fixed to reach the workers who need it most.

The most effective approaches we’ve seen share a common design principle: train for a specific job with a guaranteed income pathway. The Rural Electrification Agency’s NextGen model in Nigeria—bootcamp training paired with a nine-month paid internship—is a strong example. South Africa’s Grootbos Green Futures programme places 90% of its trainees into roles in the local restoration economy.

Beyond individual programmes, three instruments can scale quickly without new legislation. Recognition of prior learning, embedding green skills modules into existing qualifications rather than creating standalone credentials, and making industrial apprenticeships paid, which has been shown to dramatically improve female retention.

Less than 1% of climate finance currently goes to skills development. What innovative financing mechanisms could redirect capital towards workforce training?
Less than 1% of climate finance currently goes to skills development. While “Jobs created” is the standard metric for investors, it tells you nothing about whether those jobs are decent, skilled, or sustainable.

The first shift needed is to embed workforce development criteria directly into green infrastructure financing. If a DFI is deploying capital into a solar project, a defined share of that deployment should be earmarked for training. Gender inclusion criteria should also be part of the deal terms.

To move beyond grants, need to identify how the underlying assets of a green investment can innovatively finance the skilling of workers. For instance, can a portion of the carbon revenue generated by a green investment be used to finance skilling, In principle, more private finance needs to be directed to the skilling agenda if it is to be sustainable, hence the need to find financing models that can enable this.

The report warns that 86% of green jobs in 2030 will be informal. How can stakeholders extend social protection and career pathways to informal workers, especially women and youth?
By 2030, 86% of green jobs will be informal. That is not a problem to solve for, it is the structure of Africa’s green economy, and any serious strategy has to work within it rather than around it.

Three instruments matter most. Mobile-based social protection, linked to the digital payment platforms that African workers already use, can extend access to health insurance, accident cover, and pensions for self-employed green workers.

Our research is very clear that there is no single African green transition, and a continental template would miss the mark badly

Portable digital credentials, verified through employer records and accessible on basic mobile devices, allow workers to build a recognised skills profile that travels with them across employers and markets. For young people in particular, this converts informal experience into a career asset.

Finally, giving micro-distributors access to working capital and trade finance allows nano and micro-enterprises to build the enterprise performance records that financial institutions need to extend credit. This is how you move someone from a survivalist activity to a sustainable livelihood.

Staying with women, they are concentrated in lower value, commission-based roles. What targeted interventions could ensure gender equity and progression opportunities in the green economy?
Women are projected to hold 31% of green jobs by 2030 and 44% by 2050. That sounds positive until you look at where those jobs are concentrated—the lowest-value, most informal, commission-based roles, with no contract, no social protection, and no progression pathway.

The barriers are structural and well-documented. Safety and mobility issues prevent women from taking on remote or overnight technical assignments. Women’s care burdens conflict with the rigid schedules of higher-tier roles. Gaps in certification and field placement mean that women who complete technical training often cannot convert it into employment.

The most effective interventions address these simultaneously rather than one at a time.

In South Africa, where the green economy is highly formalised, the levers are procurement standards, worksite infrastructure and embedding these into financing conditionalities so they become institutional expectations rather than voluntary practice.

In Nigeria and Kenya, where growth is happening through informal channels, the priority is expanding women’s access to distribution roles and providing working capital for women-led enterprises through catalytic finance instruments.

Gender covenants in DFI financing, specifying targets by value chain and tracking women in technical and management roles, are the accountability mechanism that makes all of this stick.

Africa’s transition is mainly driven by service-led industries. In your view, which of these sectors are most transformative for inclusive job creation?
Clean cooking stands out. By 2030, it is projected to be the largest green value chain on the continent generating between 1.4 and 2.5 million jobs through micro-distributors, maintenance technicians, and community agents. By 2050, clean cooking employment is projected to grow more than tenfold. The majority of customers are women, which means effective distribution requires women as agents, and the sector is approaching gender parity in our high-scenario projections.

Waste recycling is the other sector I’d highlight. It has the highest accessibility rates for low-income workers, around 72%, and the regulatory frameworks to drive formalisation are already in place in South Africa, Kenya, and increasingly Nigeria. South Africa’s Extended Producer Responsibility regime has already created over 24,000 formal jobs since 2022.

The common thread in both sectors is that employment is driven by service delivery at scale with millions of household connections and collections, not a handful of large construction projects. That is precisely what makes them transformative: the jobs are distributed, the barriers to entry are low, and the potential to reach workers who have been structurally excluded from the formal economy is real.

The report highlights differences across Nigeria, South Africa and Kenya. How should national strategies be tailored to reflect these distinct labour market structures and enabling conditions?
Our research is very clear that there is no single African green transition, and a continental template would miss the mark badly.

Nigeria’s transition is 87% informal and dominated by nano-enterprises. Mandating formalisation will not work at the scale and speed the sector requires. The priority is improving job quality within informal systems—portable credentials, mobile social protection, quality standards within agent networks—while expanding the sectors where women are better represented, like climate-smart agriculture.

South Africa’s transition is 70% formal, shaped by regulated procurement frameworks and the most capitalised just transition plan on the continent. The challenge here is not reaching informal workers; it is reforming conditions within formal systems, particularly the occupational segregation that keeps women’s participation stagnant at around 25%, and ensuring that the shift from construction-phase to operations and maintenance roles translates into improved incomes.

Kenya occupies a middle ground—a renewable electricity system already operational, an emerging e-mobility sector anchored by the continent’s most mature mobile money infrastructure, and a devolved governance structure that requires green skills to be integrated at the county level if employment benefits are to reach workers where deployment is actually occurring.

FSD Africa is launching the Green Jobs Innovation Hub. What role do you envision this initiative playing in bridging the gap between investment in infrastructure and investment in human capital?
The hub is a direct response to the coordination failure that sits at the heart of this problem. Training institutions cannot invest in green skills without demand signals from employers. Employers cannot plan workforces without deployment pipelines. DFIs cannot condition financing on workforce outcomes without data on what those outcomes should look like. And governments cannot sequence skills expenditure without occupation-level employment projections. Everyone is waiting for someone else to move first.

The Green Jobs Innovation Hub is designed to break that deadlock by bringing these actors together around shared data, shared standards, and shared investment. Concretely, The Hub works to unlock financing models that close the workforce investment gap—ensuring that capital flows alongside green infrastructure investment.

Any final thoughts from your side?
The most important thing I want to emphasise is that Africa’s green transition is not primarily a story about solar panels and megawatts. It is a story about millions of micro-distributors, maintenance technicians, waste sorters, and community agents, people who are already doing this work, largely informally, largely without recognition, and largely without protection.

We also have the data now. We know which value chains will generate the most jobs, we know who those jobs will reach, and we know what is preventing more people from accessing better ones.

Therefore, we should stop separating the infrastructure conversation from the human capital conversation. They are the same investment. And until we finance them that way, we will keep building green infrastructure that imports its skills and perpetuates the same development challenges we’ve seen over the years.

Distributed by APO Group on behalf of VUKA Group.

Energy

Triple A Services & Petroleum Ltd Chief Executive Officer (CEO) Dr. Atong Amos Agook to Champion Women-Led Energy Businesses at South Sudan Oil & Power (SSOP) 2026

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Etu Energias

Triple A Services & Petroleum Ltd ‘s CEO, Dr. Atong Amos Agook, is expected to champion indigenous participation, upstream oilfield logistics and women-led energy enterprises at South Sudan Oil & Power 2026

JUBA, South Sudan, November 12, 2026/APO Group/ –Dr. Atong, Founder and CEO of Triple A Services & Petroleum Ltd, has been confirmed as a speaker at South Sudan Oil & Power (SSOP) 2026, bringing her experience in fuel distribution, oilfield logistics and downstream services to discussions on expanding opportunities for women-led energy businesses.

 




  

As part of the programme, she will participate in the panel Women in Energy: Scaling Women-Led Enterprises in Downstream & Services, which will examine how access to finance, procurement contracts and commercial partnerships can support the growth of women-owned companies across South Sudan’s energy. The discussion will also explore opportunities for indigenous service providers to participate in the country’s expanding petroleum industry.

Dr. Atong has grown Triple A Services & Petroleum Ltd into a provider of petroleum products, logistics and technical services. The company operates across fuel distribution, bulk haulage, equipment supply and oilfield support, serving customers across South Sudan’s petroleum sector.

Triple A Services & Petroleum Ltd supplies fuel and logistics services to operators across the country’s producing oilfields. Its activities highlight the role of indigenous contractors in supporting petroleum operations while creating opportunities for local employment, skills development and supplier participation.

The company is in the last stage of also expanding its downstream portfolio, supplying petroleum products to include diesel, petrol, kerosene, aviation fuel and lubricants. These activities support domestic fuel distribution and regional supply chains as South Sudan seeks to strengthen its downstream infrastructure and reduce supply constraints.

Beyond conventional fuel distribution, Triple A Services & Petroleum Ltd is pursuing opportunities in LPG storage, cylinder bottling and retail distribution, supporting wider access to cleaner household cooking fuels. Expanding LPG infrastructure presents opportunities for investment in storage facilities, distribution networks and equipment supply, while supporting efforts to reduce reliance on wood fuel and charcoal.

As South Sudan advances investment in petroleum storage, fuel distribution and supporting infrastructure, indigenous companies have an opportunity to expand their role in project delivery and service provision. Improving access to working capital, trade finance and procurement contracts will be important to enabling local businesses, particularly women-led enterprises, to compete for larger commercial opportunities.

Returning for its seventh edition as South Sudan’s official energy investment platform, SSOP 2026 will provide an opportunity for Dr. Atong to engage government representatives, financiers, oil and gas operators and service providers on strengthening local content participation and developing partnerships across the downstream sector.

Held under the theme Resource Renaissance – Energy-Fueled Growth for a New Generation, the conference will convene industry leaders and investors to advance commercial opportunities across South Sudan’s energy value chain.

To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/

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

 




 

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New six-country study finds strong demand for African stories, but distribution gaps continue to limit audience reach and revenue

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African

Drawing on data and analysis spanning 2020–2026, the study identifies opportunities to strengthen film distribution and audience reach across six African markets, where combined pay TV and streaming revenues are projected to reach USD 5.2 billion by 2030

Africa’s paid television and online streaming market is projected to grow to USD 5.2 billion by 2030. But market growth alone will not guarantee that African films reach audiences or generate sustainable returns for filmmakers. New audience research across six African markets – Egypt, Kenya, Nigeria, Rwanda, Senegal and South Africa – points to the importance of both compelling storytelling and production quality: in Rwanda, 56% of respondents cited a lack of interest in stories or themes as a barrier to watching local or African films, while in South Africa, 98% rated acting quality as important when choosing films, and 96% said the same of plot and technical quality.

 

These findings are presented in Made in Africa, Watched Globally?, a new study commissioned by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the African Export-Import Bank (Afreximbank), through its Creative Africa Nexus (CANEX) programme, and produced by Dalberg. Covering Egypt, Kenya, Nigeria, Rwanda, Senegal and South Africa, the study examines film distribution, audience development, financing and social impact. It draws on 91 stakeholder interviews, a survey of 1,630 viewers across the six countries and five in-depth case studies.

The study explores how African films can better reach audiences and generate revenue, and how stories can shape public attitudes and encourage action on social issues including youth opportunity and aspiration, gender equality, governance and cultural identity. While film production is growing, distribution and monetisation have not kept pace with the expansion of the wider market.

Understanding what audiences want

The research also sheds light on what audiences want from African films – and what makes them choose one film over another. The findings point to a dual challenge for filmmakers: telling stories that resonate with audiences while delivering the quality viewers expect. Preferences also vary within markets, reinforcing the need for more granular audience data to help the industry understand what different groups watch, where they discover films and what they are willing to pay for.

Finding and accessing films remains another challenge. In Kenya, 52% of respondents said local and African films were difficult to find on mainstream platforms. The study recommends better audience-data systems that track viewing preferences, spending and performance across distribution channels. This would help producers, distributors and platforms make more informed decisions about what to commission, how to position films and how to reach different audiences.

YouTube has become an important route to audiences: 87% of Kenyan respondents and 98% of Senegalese respondents who stream films reported using the platform. Yet reach does not necessarily translate into sustainable revenue for producers, as advertising earnings can be low and monetisation opportunities vary.

From 1 February 2027, YouTube will raise the eligibility thresholds for new channels seeking advertising and YouTube Premium revenue sharing through its YouTube Partner Program. New applicants will need 1,000 subscribers and either 8,000 qualified watch hours in the previous 365 days or 20 million qualified Shorts views in the previous 90 days. These changes do not affect channels already in the programme, although separate thresholds apply to revenue sharing from Shorts. For emerging African film producers seeking to build audiences on the platform, the changes underline the importance of developing viable revenue models beyond advertising alone.

Reaching audiences requires investment beyond production

The study highlights how limited distribution infrastructure and affordability constraints can prevent films from reaching their potential audiences. Africa has approximately one cinema screen per 787,000 people, compared with one per 8,700 in the United States. Screens are also concentrated in major cities: around 90% of Egypt’s cinema screens are in Cairo and Alexandria, while more than 75% of Kenya’s fewer than 50 screens are in Nairobi.

Africa’s film industry has demonstrated its ability to produce compelling stories that resonate with audiences around the world

Watching on a phone can provide an alternative, but data costs remain a barrier. The study estimates that 1GB of mobile data costs the equivalent of 3.1% of monthly income across many African markets, above the global affordability benchmark of 2%. In a 2026 audience survey by South Africa’s National Film and Video Foundation, 31% of respondents described data for watching videos as expensive.

The report identifies opportunities to make film access more affordable and convenient, including advertising-funded services, offline downloads, video packages bundled with lower-cost data, and payment options integrated with mobile-money and telecommunications systems. It also recommends using audience insights to test pricing, payment and viewing packages that reflect different audiences’ needs and spending power.

Examples from the region demonstrate the potential of accessible distribution models. In Senegal, Marodi TV has built an audience of 8.67 million YouTube subscribers and generated 4.6 billion views through a free, advertising-supported model. In Kenya, platforms such as Viusasa have offered 24-hour subscriptions for as little as KES 10–20, allowing audiences to pay in small increments rather than commit to monthly subscriptions.

However, access alone is not enough. The study also identifies a weakened ‘missing middle’ in film financing: platforms and aggregators able to pay licensing fees and commission mid-budget local productions for domestic and regional audiences. The closure of Showmax in April 2026 and changes in commissioning by major international streaming services, including Amazon Prime Video, have further reduced some established routes to financing and distribution for African productions.

To address these gaps, the study recommends strengthening African-owned platforms and aggregators with established audiences, including through investment from public funders and development finance institutions. Dedicated national and regional distribution funds could help cover marketing, subtitling, dubbing and coordinated release campaigns. Grants and loans on preferential terms could also support African-owned distribution companies to acquire and release more films, rather than concentrating support on individual productions. Regional licensing arrangements and closer alignment under the African Continental Free Trade Area (AfCFTA) could make it easier to release films across borders.

Speaking on the role of financing in strengthening Africa’s film industry and unlocking commercial opportunities across borders, Mr Osahon Akpata, CEO of CANEX Creations Incorporated, said: “Africa’s film industry has demonstrated its ability to produce compelling stories that resonate with audiences around the world. The next priority is to ensure that this growing demand translates into sustainable businesses and greater economic returns for African creatives. This requires investment across the entire film value chain, alongside stronger African-owned enterprises capable of bringing local productions to regional and international markets. Through our Creative Africa Nexus (CANEX) programme, Afreximbank is working to bridge financing gaps, strengthen the commercial foundations of Africa’s creative industries and create opportunities for African businesses to participate more competitively in global markets. Our ambition is to build an industry where African creativity drives enterprise growth, generates employment and contributes meaningfully to intra-African trade.”

The experience of the Kenyan documentary, ‘Searching for Amani’, illustrates the challenge. The film premiered at the Tribeca Festival in 2024 and was selected for approximately 100 festivals worldwide, including the Raindance Film Festival. Despite this international visibility, the filmmakers struggled to finance community screenings in Kenya, limiting opportunities to bring the film directly to local audiences. The experience highlights the importance of investing not only in making films but also in ensuring they reach the people they were made for.

Stories can also support public dialogue and action

Beyond their commercial potential, films can contribute to public dialogue and action on social issues. The study identifies youth opportunity and aspiration, gender equality, governance and cultural identity among the themes that resonated with surveyed viewers

In Senegal, L’utilité et l’attachement, a documentary about unpaid compensation owed to communities displaced by a rail project, prompted presidential instructions to address their claims following a screening. The documentary premiered in 2025 at the Visions du Réel documentary film festival in Nyon, Switzerland and illustrates how films can create opportunities to bring public concerns to decision-makers.

The study recommends that funders and development partners invest in local screenings and discussions, alongside approaches to track changes in attitudes, behaviour or public decisions. It also emphasises the importance of preserving filmmakers’ control over their stories, noting that editorial influence from funders – or the perception of it – can limit commercial sales and wider audience reach.

Victor Chudal-Linden, Project Manager at GIZ, emphasised the importance of evidence in deciding which films to commission, how to reach audiences and where policy support is needed: “Good decisions start with a clear picture – and a clear picture emerges from many data points. The value of this evidence lies in how industry players, policymakers and partners use it together to understand audiences, address distribution gaps and help African stories reach more people. Together, we screen brighter”.

Film industry leaders, investors, telecommunications and payment providers, and policymakers joined GIZ, Afreximbank and Dalberg at the official unveiling of the study at CANEX WKND 2026 in Lagos, Nigeria. The discussion explored opportunities for collaboration around the study’s findings and recommendations, including distribution, access to finance and industry data.

Distributed by APO Group on behalf of Afreximbank.

 

 




 

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NOCs and IOCs Redefine Upstream Partnership Terms Ahead Paris Energy Event

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Participation stakes and work commitments have become the central points of negotiation between African state oil companies and their international partners

PARIS, France, November 11, 2026/APO Group/ –The Invest in African Energy (IAE) 2027 Forum will host an NOC-IOC Roundtable on May 11 in Paris, convening African national oil companies and international oil companies to discuss the commercial terms behind upstream partnerships. Most major African upstream developments are structured as joint ventures or production sharing agreements between the two groups, making the relationship a defining factor in how projects advance to development.

 




  

The roundtable comes as African NOCs take on larger roles as investors and operators. In Nigeria, Shell completed the approximately $2.4 billion sale of its onshore subsidiary to Renaissance, a consortium of African energy companies, in March 2025. Shell has since concentrated its Nigerian investment on deepwater and integrated gas, while state-owned NNPC retained its 55% stake in the onshore joint venture now operated by Renaissance.

Fiscal and contract terms between these two kinds of players are also being revisited. Libya’s National Oil Corporation awarded five blocks to companies including Chevron, Eni, QatarEnergy and Repsol in February 2026 in its first licensing round since 2007, signing production sharing agreements with several of the awardees in June. The corporation has said outcomes on drilling commitments and participation stakes will be used to improve terms for future rounds.

On the IAE agenda, the roundtable follows the Transaction Suite, in which African ministries, regulators and NOCs will present acquisition and farm-in opportunities, and precedes an Investor Circle on structuring bankable capex pipelines with sovereign energy masterplans and private capital. Related discussions continue on May 12 and 13 in main-forum sessions on domestic champions in onshore assets and on licensing rounds and frontier acreage.

The placement reflects how closely partnership terms are tied to project finance. Lenders and development finance institutions assess state carry arrangements and cost recovery provisions when evaluating project cash flows and repayment capacity, and alignment between NOCs and their international partners on these points supports a project’s case for financing. The Day 0 roundtable gives both groups a forum to address them ahead of the deal-making sessions over the remaining two days of IAE 2027.

IAE 2027 takes place May 11-13 in Paris. Organized by Energy Capital & Power (ECP), the forum brings together governments, national oil companies, operators and institutional capital to originate, structure and finance energy projects across Africa. Register at www.Invest-Africa-Energy.com.

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

 

 




 

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