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Nairobi Provides the Perfect Backdrop for the Future of African Energy, as the Second Youth Energy Summit is Confirmed

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3 years ago

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Youth Energy Summit

YES! invites hundreds of Africans at different stages of their public and private sector development, to convene, to inspire, and to be inspired

NAIROBI, Kenya, May 26, 2023/APO Group/ — 

The Youth Energy Summit (YES!) will return for its second edition this summer in Nairobi, Kenya, as it looks to build on the platform built last year to boost skills, connections and the business readiness of future African energy leaders. Hosted by EnergyNet (https://www.EnergyNet.co.uk/) in conjunction with the Africa Energy Forum, the inaugural YES! gathering in Brussels in 2022 emphasised the significance of early career professionals, entrepreneurs, students and educators in accelerating access to reliable energy across Africa. This year, thanks to a growing list of key partnerships across corporates, foundations, NGOs, universities and sector initiatives, YES! has a chance to showcase its credentials on home soil between 20-23 June.

YES! invites hundreds of Africans at different stages of their public and private sector development, to convene, to inspire, and to be inspired. Learning both soft and technical skills, it is an opportunity for early career professionals and students to seek guidance from educators, entrepreneurs and energy experts. The blended programme addresses leadership skills, business development and planning, onboarding, tech and innovation, green capital finance, and ultimately narrows the gap between education and employment. In exchange, the young and exciting attendees will also put forward their vision for the sustainable futures they want to strive for.

“YES! 2022 was, in one word, scintillating. From the sessions to the speakers to the attendees, every element of the Summit connected and contributed greatly to its success,” says a University of Nigeria student who attended last year’s event.

Students at this year’s forum will join sessions that explore their perceptions of the future, how they can reach their potential, how they can fill skills shortages in the energy sector, and what they’re looking for in terms of guidance from educators and professionals.

“The launch was a huge success. I truly enjoyed how we got the opportunity to engage with different stakeholders and young people, imparting invaluable knowledge that I’m confident will be of great benefit moving forward in the progression and development of my career, and theirs,” adds an early career professional from the IPP Office.

Early career professionals will ultimately take Africa forward and YES! offers them a forum to build relationships with peers, to learn from global technology designers, and to be inspired by those shaping the future of energy in Africa.

I’m grateful to GEAPP for their partnership as they seek to address both climate change and skills shortages through their network of partners and investments

Among them are an ever-growing list of partner organisations supporting YES! as the event continues to scale. A new and exciting addition to the list this year, is the Global Energy Alliance for People and Planet (GEAPP) who join in 2023 as the event’s first foundational partner.

The GEAPP is an alliance of philanthropists, local entrepreneurs, governments, technology enablers, policymakers and finance partners, with a mission to support developing countries’ shifts to a clean energy, pro-growth model that ensures universal energy access as well as economic development. Its aim to reduce four gigatons of future carbon emissions, expand clean energy access to one billion people, and enable 150 million new jobs aligns with the goals of the Africa Energy Forum and YES!.

“GEAPP is thrilled to be joining as a foundational partner for the Youth Energy Summit,” says Joseph Nganga, GEAPP’s VP for Africa. “Young entrepreneurs are often excluded from all aspects of the energy transition value chain, and they face disproportionate barriers to educational opportunities, project finance, and decent jobs, particularly those in emerging and developing economies where access is compounded by additional development challenges. To meet ambitious global goals of hundreds of millions of green jobs by 2030, it is urgent that young people are trained and supported now to access opportunities and accelerate growth in the renewables sectors as they seek opportunities in the workforce. GEAPP looks forward to working with EnergyNet to unlock the abundant potential of young entrepreneurs who will lead the energy transition and realise a more equal and sustainable world.”

Simon Gosling, Managing Director, EnergyNet, adds: “I’m grateful to GEAPP for their partnership as they seek to address both climate change and skills shortages through their network of partners and investments. Not only does the partnership bring in critical investment to provide more travel grants and greater market penetration, but it brings a year-round partnership striving in harmony to put Africans at the heart of their own development needs.”

These development needs grow in significance each year, with YES! acknowledging the fact that future planning must begin now, and must include those who will shape that future.

Simon continues: “It is no longer helpful to state that 600 million Africans lack access to energy as a statistic of relevance, without addressing the fact that this number is only getting larger as population growth continues its war against energy access. By building an all-of-sector alliance to establish the world’s largest network of potential African energy developers, entrepreneurs and MSMEs, YES! will speed up the pace of energy access for millions more people across the continent.”

YES! has a goal of reaching 100 million people across Africa over the next 10 years through its network-based approach to upskilling and industry progression. You can be one of those people in Nairobi this summer!

To confirm your place among the 1,000 entrepreneurs, MSMEs, early career professionals, educators and students at this year’s Youth Energy Summit, please follow this link and register (https://apo-opa.info/45z1OWy).

Distributed by APO Group on behalf of EnergyNet Ltd..

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China’s digital hub Hangzhou hosts conference on AI, OPC

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12 hours ago

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June 30, 2026

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OPC

HANGZHOU, CHINA – Media OutReach Newswire – 30 June 2026 – The inaugural AI+OPC Innovation and Development Conference was held from June 29 to 30 in Shangcheng District, Hangzhou, capital city of east China’s Zhejiang Province. Centered on one-person company (OPC), a new form of smart economy in the AI era, the conference program comprised one opening ceremony and two parallel breakout sessions.

It gathered around 400 delegates from government departments, industry associations, financial institutions, AI enterprises and OPC startup operators across the country. Participants exchanged insights on AI innovation pathways and cross-industry integration strategies, injecting strong impetus into Hangzhou’s ambition to develop a national benchmark hub for AI+OPC entrepreneurship.

A series of key launches and milestone ceremonies took place during the opening segment. Official releases included the 2026 national OPC development observation report, Hangzhou’s 2026–2028 action plan and supporting policies to build a national AI+OPC entrepreneurship hub, and a catalog of actionable AI+OPC application scenarios. Attendees also received an in-depth interpretation of the specifications for AI-enabled OPC community services and evaluation.

The ceremony featured multiple landmark initiatives: plaque awarding for Hangzhou’s priority AI+OPC incubation communities and dedicated observation sites, the official launch of the AI+OPC Community Alliance initiative, and a kickoff marking the official construction of the national AI+OPC entrepreneurship hub.

The open forum session featured keynote speeches from distinguished industry and academic leaders. Speakers included Pan Yunhe, former executive vice president of the Chinese Academy of Engineering and professor at Zhejiang University; Liang Gui, former executive vice governor of Jiangxi Province and ex-director of the Torch High Technology Industry Development Center under the Ministry of Industry and Information Technology; and Zou Ling, head of Hong Hub, Shangcheng District’s single-member unicorn startup acceleration community, who shared cutting-edge insights from varied perspectives.

A panel dialogue followed, bringing together representatives from Moshu OPC Community (Beijing E-Town), the School of Future Science and Engineering at Soochow University, Qingju Hub · Future Digital Intelligence Port (Shangcheng District), and Puhua Capital for in-depth industry exchanges.

Complementary concurrent events held throughout the conference included an OPC capital-industry matchmaking salon, a symposium on industry-education integration for AI-powered OPC sectors, and a national exchange forum for AI+OPC community practitioners.

OPC has emerged as a vibrant new engine driving economic vitality and underpinning high-quality development. Against the backdrop of a new development era, the inaugural Hangzhou AI+OPC Innovation and Development Conference unites OPC innovators nationwide.

Drawing on the creative energy of millions of independent super-individual operators, the event delivers sustained digital momentum to fuel Hangzhou’s super-individual economy, while rolling out replicable local practices and actionable Hangzhou solutions to advance high-quality growth of smart economies nationwide.

 

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Business

Hainan FTP marks 6-month milestone of special customs operations, signs deals during Hong Kong visit

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19 hours ago

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June 30, 2026

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Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – As the Hainan Free Trade Port (FTP) marked the six-month milestone since the launch of its full special customs operations, a Hainan provincial delegation wrapped up a three-day visit to Hong Kong. During the visit, the delegation signed deepened cooperation agreements with several major local chambers of commerce and promoted the latest policies introduced since the island-wide special customs operations took effect.

According to data released by Hainan Province during the visit, Hainan’s foreign trade has surged since the launch of special customs operations. As of June 17, the province’s total goods imports and exports reached RMB 173.98 billion (approximately US$24 billion), up 54.6% year on year. Imports of zero-tariff goods hit RMB 2.645 billion, a 120% jump that generated tariff savings of RMB 440 million. A total of 172,100 new market entities were registered—a 61% increase—including 1,240 foreign-invested enterprises. Zero-tariff items now account for 74% of all tariff lines, benefiting more than 12,000 market entities.

During the Hong Kong visit, China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) signed separate deepened cooperation MOUs with the Chinese General Chamber of Commerce, Hong Kong and the Hong Kong General Chamber of Commerce. Under the MOUs, the parties will establish a regular liaison mechanism for the periodic exchange of economic and trade information, and will promote collaboration in areas including professional services, green finance, the digital economy, supply chain management, and cultural tourism. Mutual enterprise service desks will be set up to provide consulting services regarding policies and projects. The parties will leverage their complementary strengths to help Chinese mainland enterprises access overseas markets via Hong Kong, while facilitating Hong Kong companies’ entry into the Chinese mainland through Hainan.

The delegation also held talks with the British Chamber of Commerce in Hong Kong and the American Chamber of Commerce in Hong Kong, exploring ways for British and American businesses to leverage Hainan’s value-added processing tariff exemptions and multifunctional free trade accounts to position themselves in regional supply chains and cross-border investment and financing. HSBC, De Beers, and other British firms are already active in Hainan, and the UK served as the Guest of Honor country at the 2025 China International Consumer Products Expo.

According to industry analysts, amid the shifting international trade landscape, Hainan is leveraging Hong Kong’s “super-connector” role to accelerate its integration with global capital and business networks, while simultaneously offering the Hong Kong business community a policy testing ground for entering the Chinese mainland market.

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Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration

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5 days ago

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June 26, 2026

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Africa

Regional power pools are advancing and renewable pipelines are growing, but the regulatory and financial architecture needed to connect them remains the continent’s most critical infrastructure gap – an issue central to the Power Africa Today conference at AEW 2026

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand.

In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases.

Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion.

Power Markets Experiment with Reform

Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency.

Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid.

Interconnected electricity markets are the foundation of Africa’s industrial future

Regional Integration Remains Fragmented

Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid.

West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors.

Building Bankable Financial Architectures

While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment.

New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030.

“Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.”

The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town, and will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

Distributed by APO Group on behalf of African Energy Chamber.

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