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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

OPEC Secretary General to Address Investors at Libya Energy & Economic Summit (LEES) 2027

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Etu Energias

OPEC Secretary General Al Ghais’ participation at LEES 2027 comes as Libya accelerates production, investment and energy infrastructure expansion

TRIPOLI, Libya, October 22, 2026/APO Group/ –OPEC Secretary General Haitham Al Ghais will speak at the Libya Energy & Economic Summit in Tripoli (January 23–25), underscoring the organization’s support for Libya’s next phase of energy growth.

Al Ghais’ participation comes as Libya accelerates efforts to raise production, attract international capital and modernize its upstream sector. The country’s National Oil Corporation (NOC) has laid out ambitious oil production targets in the near term and substantially higher output as investment flows into exploration and field development.

 




 
 

As a leading voice in the global oil community, his participation brings a global market perspective to a summit increasingly focused on execution. OPEC expects oil demand to remain robust, while Al Ghais has repeatedly stressed the need for timely investment to prevent future supply constraints and maintain reliable energy security.

Libya occupies a distinctive position within that outlook because of its substantial resource base and continued production growth. The country holds Africa’s largest proven crude reserves, while its light, sweet crude and proximity to European markets strengthen its strategic investment proposition.

The Ministry of Oil and Gas is driving the policy and diplomatic agenda underpinning this expansion. Under Minister Dr. Khalifa Abdulsadek, Libya is advancing regulatory reforms, international partnerships and investment frameworks designed to support production growth while supporting the country’s role in regional and global energy markets.

The NOC remains the commercial engine of that strategy, converting licensing opportunities into exploration, production and joint-venture activity. Chairman Masoud Suleiman is overseeing an investment drive spanning mature fields, new acreage, infrastructure and international partnerships.

LEES 2027 will provide a direct platform for that strategy to reach global investors. The fifth edition will bring together governments, national oil companies, international operators, financiers and energy service companies to examine upstream opportunities, gas development, infrastructure, power and renewable energy.

The summit has already established itself as a platform for major commercial engagement, with more than $20 billion in energy investments and deals associated with previous editions. With Secretary General Al Ghais joining the Ministry and NOC leadership, LEES 2027 will connect Libya’s investment agenda directly with the global oil market’s most influential institutional forum.

For more information about LEES 2027 visit www.LibyaSummit.com and to sponsor or secure your participation as a delegate, please contact sales@energycapitalpower.com.

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

 




 

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African Energy Leaders Call for Action on South-South Oil and Gas Partnerships

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African Energy Chamber

At AEW 2026, industry representatives from Africa and the Caribbean say joint ventures, enforceable local-content rules and regional financing are needed to turn petroleum resources into domestic industrial growth

CAPE TOWN, South Africa, October 17, 2026/APO Group/ –African and Caribbean energy leaders called for stronger cross-border investment, technology transfer and enforceable local-content requirements to ensure emerging oil and gas producers capture more value from their resources during the session South-South Energy Partnership: Advancing Africa’s Oil and Gas Future in 2026 at African Energy Week (AEW) 2026 in Cape Town.

 




 
 

Ndapwilapo Selma Shimutwikeni, CEO, RichAfrica Consultancy, said partnerships could accelerate skills development.

“From a business perspective, we need to build partnerships that encourage joint ventures between experienced countries and emerging countries like Namibia,” she said. “We need to look beyond just oil production and actually look at the entire value chain.”

Building on Shimutwikeni’s remarks, Gilbert Yevi, Lead Consultant, Grenada Hydrocarbon Technical Working Group, called for partnerships that share risks and benefits rather than simply replace one source of financing with another.

We want cooperation and a collaboration in risk sharing, skill sharing, and sharing in the benefits

“We want cooperation and a collaboration in risk sharing, skill sharing, and sharing in the benefits,” he said.

Yevi also advocated regional training centers to pool expertise and help emerging producers access established industry capabilities.

Expanding on the topic of local content, Eric Williams, Principal Consultant and President, Royal Triangle Energy Solutions, said policies must be linked to a broader national development strategy, using petroleum resources to build domestic industries rather than focusing solely on exports.

“The Trinidad model is about using the molecules to develop the country,” he said, arguing that this vision should shape negotiations with upstream investors and the terms of petroleum contracts.

Omar Farouk Ibrahim, Regional Chair for Africa, World Energy Council, said national sovereignty concerns continued to limit practical regional cooperation, despite public commitments to collaboration.

“The first question they ask is: ‘Will the industry be in my territory?’ If it’s not, why should I? And for as long as we have this mentality, believe me, this cooperation and collaboration we’re talking about will just be theory,” he said.

Across the discussion, speakers emphasized that cooperation must translate into financing, enforceable commitments and local capabilities that endure beyond individual projects.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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Nigeria NOW! opens its project boardrooms to global investors in Abuja

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Nigeria

With Nigeria’s annual mining revenue up more than tenfold to above N70bn, Nigeria NOW! brings global investors to Abuja on 19 and 20 November, where the Minister of Solid Minerals Development is Chief Host

First and foremost all international investors coming to Abuja should understand that Nigeria is ready and open for business

LONDON, United Kingdom, October 21, 2026/APO Group/ –Platinum group metals, gold, nickel, copper, lithium and rare earth elements lie together in one mineral province in Kaduna State, which the Minister of Solid Minerals Development announced in June as world-class and the Nigerian Geological Survey Agency has verified. The Ministry opens its doors to global investors at Nigeria NOW!, held at the Bola Ahmed Tinubu International Conference Centre in Abuja on 19 and 20 November.

 




  

Processing is following the discoveries, as lithium facilities of $600m in Nasarawa State and $200m near Abuja sit alongside a $400m rare earth processing project in Nasarawa, and mining lease applicants must now submit value-addition plans. Annual mining revenue has risen from about N6bn before the current administration to more than N70bn by the end of 2025.

The routes to export markets are moving too, as the Federal Executive Council has approved deep seaports at Bakassi and Ondo as public-private partnerships, with the Bakassi port alone valued at $2.27bn.

With a month to go, investors and developers travelling to Abuja will meet these projects at close quarters. In investor boardrooms, the Government of Nigeria will review specific projects in depth, from large-scale infrastructure to multilateral programmes such as Mission 300.

Speaking to Energy News Network in September, Tunde Arisekola, Senior Advisor, Geological and Minerals Information at the African Minerals Development Centre, who joins the minerals session on the first day, said that “first and foremost all international investors coming to Abuja should understand that Nigeria is ready and open for business”. In the same interview he described Nigeria’s economy as “stable, safe, peaceful and welcoming to all international investors”.

The programme opens with a welcome from the Chief Host, H.E. Dr Oladele Henry Alake, Minister of Solid Minerals Development, followed by sessions on how the Ministry of Power will drive capacity into Nigeria’s industrial hubs and on the policies opening the minerals sector to foreign investment, including domestic processing and value addition. The second day turns to the pipeline of transport and port infrastructure and the $1bn Domestic Green Bond, and closes with an investors’ clinic on the 2025 Tax Act.

Lagos State Government, a Nigeria NOW! partner, now regulates its own electricity market after NERC transferred oversight to the Lagos State Electricity Regulatory Commission. Hon. Biodun Ogunleye, Lagos State Commissioner for Energy and Mineral Resources, told Energy News Network that “capital follows bankable cashflows”. The state’s job, he said, is “to create both the infrastructure plan and the commercial architecture that makes that plan financeable”.

On Friday 20 November, YES! Nigeria runs alongside the main programme under the theme “Empowering Today’s Entrepreneurs, Building Tomorrow’s Industrialists”. Abuja University and Philomath University are partners, and the Youth Sustainable Development Network is Community Partner. Its opening session hands the stage to young Nigerians already at work in the sector, among them Damilola Hamid Balogun of YSDN and Emmanuel Terwase of Boost Power.

Nigeria NOW! is held under the patronage of the Minister of Solid Minerals Development, with the Lagos State Government, the Nigerian Indigenous Women in Mining & Natural Resources Organisation, Women in Mining, Nextier and The Electricity Hub as partners.

Distributed by APO Group on behalf of EnergyNet Ltd..

 




 

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