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The African Energy Transition Provides Opportunity (By NJ Ayuk)

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A heavy reliance on fossil fuel exports means that many African nations will need to walk a fine line between economic stability and the transition to clean energy

JOHANNESBURG, South Africa, January 13, 2026/APO Group/ —By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org).

Let’s really think about this: Today, Africa contributes less than 5% of the world’s energy-related emissions, despite being home to 19% of Earth’s population. By 2060, the continent’s population is expected to reach 28% of the global total. But guess what? In that same timeframe, its share of energy-related emissions is projected to remain a modest 9%.

When you consider these statistics compiled in the recently released African Energy Chamber’s “State of African Energy: 2026 Outlook Report,” it’s evident that Africa’s responsibility for climate change is minimal at most. And yet, the Western advocates who continue the chant of “NET-ZERO! NET-ZERO!” expect their calls for rapidly phasing out fossil fuels to be enacted universally.

This makes ZERO sense.

Low per-capita energy use actually positions Africa to drive global decarbonization efforts. However, this low-carbon development pathway must be one that respects the unique needs of Africans.

It’s just a fact that infrastructure limitations make large-scale decarbonization more challenging on the continent than in other parts of the world. A lack of grid capacity, outdated transmission lines, and a significant energy deficit hinders the integration of large-scale renewable energy projects, such as solar and wind farms. A significant portion of the population lacks access to reliable electricity, and the continent as a whole faces energy deficits, which means decarbonization efforts must occur alongside the fundamental need to expand energy access.

Addressing such infrastructure challenges requires more than just building new assets — it also requires modernizing grids, promoting energy efficiency, improving regulatory environments, and fostering local expertise.  Amid emissions regulations drafted by both the International Maritime Organization and the European Union, Africa has the potential to serve as a major green fuel supplier. But this potential cannot be reached without significant investments in infrastructure upgrades.

As we are all too aware, transitioning to a low-carbon economy requires significant upfront investment. Many African countries struggle to secure the necessary capital due to perceived political and financial risks. Inconsistent policies and slow permitting processes create uncertainty for investors, despite many governments setting ambitious decarbonization targets. A heavy reliance on fossil fuel exports means that many African nations will need to walk a fine line between economic stability and the transition to clean energy.

Despite its dependency on fossil fuels, Africa’s evolving energy profile — that includes hydrogen and critical minerals — has the potential to play an essential role in shaping global climate outcomes.

Growing Green Hydrogen

The 2026 Outlook reports that, by 2035, the continent could produce over 9 million tonnes of low-carbon hydrogen annually. Achieving this volume could be key to the nation’s decarbonization efforts. This is thanks to Africa’s vast solar and wind resources, extensive land availability, and proximity to major export markets. In fact, our report sees the continent becoming an exporter of hydrogen, either by transporting it as liquid via pipeline from Northern Africa to Europe or by using ammonia as a carrier to other international markets.

Currently, major green hydrogen projects in Africa are concentrated in Namibia, South Africa, Mauritania, Egypt, and Morocco. In 2022, these four nations joined two others — Egypt and Kenya — in launching the African Green Hydrogen Alliance (AGHA) that promotes Africa’s leadership in green hydrogen development. Now up to 11 members, the AGHA anticipates that green hydrogen exports from the continent will hit 40 megatons by 2050.

Namibia is a leader in the development of green hydrogen, particularly for export. The USD10billion Hyphen green hydrogen project, being developed by Namibian company Hyphen Hydrogen Energy —   a joint venture between German energy company Enertrag and Nicholas Holdings — expects to produce more than 300,000 tons of green hydrogen annually, aimed at export to Europe.

Another Namibian-German partnership is the HyIron Oshivela green ironworks, which uses a 12 MW electrolyzer, powered by a roughly 25 MW solar array and large battery system, to generate green hydrogen. The hydrogen is then used to remove the oxygen from iron ore to create direct-reduced iron (DRI), a key feedstock for low-carbon steelmaking.

Meanwhile, construction is underway on the Daures Green Hydrogen Village, Africa’s first fully integrated green hydrogen and fertilizer production facility, which will combine renewable energy with sustainable agriculture.

Neighboring South Africa has established a national “Hydrogen Valley,” home to several large-scale projects that are successful largely thanks to public and private investment. The Coega Green Ammonia Project is a USD5.7 billion plant by Hive Hydrogen and Linde, projected to produce up to 1.2 million tons of green ammonia per year. The Prieska Power Reserve Project, located in the Northern Cape, is expected to begin producing green hydrogen and ammonia from solar and wind energy starting in the coming year. In August 2023, Sasol started operations at Sasolburg Green Hydrogen Pilot. This pilot program is capable of producing up to 5 tons of green hydrogen per day. And a consortium known as the HySHiFT Project is looking to produce sustainable aviation fuel (SAF) using green hydrogen in existing facilities.

Based on our research, the 2026 Outlook outlines several strategies that we believe will help unlock Africa’s downstream potential in a rapidly evolving global minerals landscape

In the north, Mauritania is pursuing large-scale “megaprojects” to capitalize on its extensive wind and solar potential. Project Nour (Aman) is one of Africa’s largest green hydrogen projects. Developer CWP Global hopes to produce 1.7 million tonnes of green hydrogen annually. The Mauritanian government has also entered into a separate $34 billion agreement with Conjuncta to develop a 10GW green hydrogen facility.

Further north, Morocco stands out as one of the first African nations to develop a national green hydrogen strategy. It is now positioning itself for export to Europe by allocating substantial land near ports and investing in shared infrastructure to facilitate production and export. Projects are underway in collaboration with entities like TotalEnergies and the European Investment Bank.

Egypt is also actively working to become a regional hub for hydrogen and its derivatives, with a strong focus on the Suez Canal Economic Zone (SCEZ). The SCEZ is already having an impact: The Ain Sokhna Plant, located within the zone, is the first operational green hydrogen production plant in Africa. The Egyptian government has also signed numerous international agreements and secured over USD17.4 billion in investment commitments for several major green hydrogen projects.

Critical Diversification

In addition to its vast green hydrogen potential, Africa is also home to some of the world’s richest deposits of critical minerals such as cobalt, copper, gold, lithium, and platinum group metals (PGMs). As the 2026 Outlook forecasts, this bounty positions the continent as a pivotal player in the global supply chain during energy transition.

We expect demand for critical minerals to quintuple by 2035. This means that mineral-rich African nations stand to gain a significant strategic foothold in the industry, with opportunities all along the value chain from extraction to processing to refining — as long as they can pull in sustained investment in infrastructure, governance, and skills development.

Continued investment is the essential ingredient for the success of this sector. And the good news we’re reporting is that governments in other regions (particularly the United States and China) are clamoring to secure bilateral agreements with African countries to secure mineral access, promote joint ventures, and integrate mineral value chains.

Over the past year, the Democratic Republic of the Congo (DRC) has led the world in cobalt production and ranked second in copper production. As we reported, the DRC was home to seven of the top 10 cobalt-producing mines in 2024. But in February 2025, the government imposed an export ban to curb oversupply and stabilize falling prices. While the ban was lifted in October, it was replaced with a strict quota system to govern mined output and exports until 2027 at the earliest.

The DRC also joins Zimbabwe, Mali, Ghana, and Namibia in leading lithium production. This group of nations produced 124,230 metric tonnes of lithium carbonate equivalent (LCE) in 2024, and output is expected to grow over 150% by 2030. As the 2026 Outlook notes, Africa’s lithium mines are cost-competitive — making them an ideal investment target. So far, several projects have been developed quickly and at relatively low capital costs, particularly in Mali and Zimbabwe.

As for Zimbabwe, its strategic importance in the lithium supply chain continues to grow: In 2024, it was home to two of the world’s top 10 lithium-producing mines, collectively accounting for 7.42% of global lithium output. Zimbabwe also leads beneficiation efforts, having banned lithium ore exports and introduced a 2% royalty on lithium sales, while advancing a USD450 million refinery at the Mapinga industrial park.

Unlocking Our Mineral Potential

Based on our research, the 2026 Outlook outlines several strategies that we believe will help unlock Africa’s downstream potential in a rapidly evolving global minerals landscape.

For one, stable and transparent regulatory frameworks are a must. Securing long-term, consistent investment in refining and processing infrastructure requires predictable legal and fiscal environments. Governments must make regulatory clarity a priority, streamlining permitting processes and ensuring consistent enforcement to attract both domestic and foreign capital.

Promoting regional cooperation and sharing clean-energy infrastructure is another strategy. Governments and regional blocs should focus on investment in shared industrial infrastructure, such as roads, rail, and renewable energy corridors, to support clusters of processing facilities. Regional cooperation — standardizing export policies, environmental standards, and investment incentives across borders — is essential to overcome the fragmented nature of African markets and the landlocked geography of many resource-rich countries.

We also need to ramp up our efforts to build local technical capacity and enable technology transfer. Africa’s refining ambitions are hampered by the scarcity of skilled labor and the limited access to advanced processing technologies. Governments should provide incentives for local hiring, training, and R&D, encouraging partnerships with universities, technical institutes, and international development agencies to accelerate workforce development and knowledge transfer.

At the same time, we must avoid the human rights violations that have plagued other extractive industries in Africa. Our regulations must prioritize human dignity and workplace safety, with directives in place that criminalize child labor, safeguard indigenous people, protect the local physical environment, and promote healthy living and working conditions.

African leaders need to embrace this moment as an opportunity to move up the value chain into processing and refining. The continent can and will unlock significant economic value to help raise nations out of energy poverty – only if governments can foster sustained investment in infrastructure, governance, and skills development.

“The State of African Energy: 2026 Outlook Report” is available for download. Visit https://apo-opa.co/4qWPhGB to request your copy.

Distributed by APO Group on behalf of African Energy Chamber.

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Namibia’s Orange Basin Moves Toward First Oil at African Energy Week (AEW) 2026

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African Energy Chamber

The “Invest in Namibia: Transforming Discoveries into Production” session will examine how Namibia can turn its offshore oil boom into a broader industrial opportunity through local suppliers, skills development, technology transfer and domestic investment

CAPE TOWN, South Africa, August 27, 2026/APO Group/ –After a series of major offshore discoveries transformed Namibia into one of the world’s most closely watched exploration frontiers, attention is shifting from proving resources to building the infrastructure, partnerships and industrial capabilities needed to bring them into production. At African Energy Week (AEW) 2026, the session “Invest in Namibia: Transforming Discoveries into Production. Orange Basin’s Path to First Oil” will examine how the country can capture value beyond the development of individual oil fields and use the emerging petroleum sector as a catalyst for wider economic growth.





 

TotalEnergies’ Venus discovery is technically ready to move toward a Final Investment Decision, with negotiations on fiscal terms still underway. The project’s development concept targets around 150,000 barrels per day at peak production, with first oil potentially around 2030. FEED has been completed and major contractors selected, bringing Namibia’s first potential deepwater oil development closer to execution.

The real measure of Namibia’s oil opportunity will not simply be how many barrels it produces, but how much economic value those barrels create at home

Meanwhile, the Orange Basin continues to attract major international players. TotalEnergies and Galp strengthened their positions across the Venus and Mopane discoveries in 2025, with TotalEnergies becoming operator of Mopane and Galp taking a participating interest in Venus. In August 2026, Equinor agreed to acquire a 17.4% stake in Chevron’s PEL 90, marking its first upstream entry into a new country since 2017. The block is expected to see another exploration well before the end of the year.

The scale of investment now being contemplated makes the question of local economic participation increasingly urgent. Namibia’s draft Local Content Policy identifies the development of national capabilities, employment, local procurement and stronger domestic value chains as central to ensuring that petroleum resources generate benefits beyond government revenues. The government has also highlighted technical training and partnerships with universities and industry as priorities for preparing Namibians for the emerging oil and gas sector.

For Namibia, this means moving beyond an export-led model in which capital, equipment and specialist expertise flow in and crude flows out. Developing local suppliers, financing Namibian businesses, building research and training hubs and creating opportunities for joint ventures could help establish capabilities that extend well beyond the life of individual oil projects. The opportunity spans engineering and fabrication, logistics, marine services, environmental management, digital technologies and other areas of the petroleum supply chain.

“The real measure of Namibia’s oil opportunity will not simply be how many barrels it produces, but how much economic value those barrels create at home,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Namibia has a chance to build a competitive African energy industry around its discoveries – one that creates jobs, develops local companies, transfers technology and gives Namibians a meaningful stake in the country’s energy future.”

The session will look beyond first oil itself to the ecosystem required to sustain production and translate upstream investment into long-term industrial development. With Venus, Mopane and further Orange Basin exploration moving toward development, Namibia has an opportunity to establish the commercial partnerships, financing structures and technical capabilities needed to ensure its petroleum boom becomes an economy-wide growth story.

Distributed by APO Group on behalf of African Energy Chamber.




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South Africa’s Energy Market is Changing and Businesses Need a New Strategy

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Rising electricity costs, market reform, wheeling and battery storage are putting energy decisions at the centre of industrial competitiveness

JOHANNESBURG, South Africa, August 31, 2026/APO Group/ –South Africa’s energy landscape is entering a new phase. While the country moves towards a more competitive electricity market, commercial and industrial businesses continue to face rising electricity costs, pressure to decarbonise and the need for greater operational resilience.
 




 

With Eskom’s 2026/27 tariff increase and continued reforms to the electricity market, businesses are increasingly looking beyond traditional electricity supply to wheeling, renewable PPAs, onsite generation, battery storage, energy efficiency and demand management.

The key question is no longer simply “How do we keep the lights on?” but “How do we secure reliable power while controlling costs and remaining competitive?”

That question will take centre stage at the C&I Energy + Storage Summit, taking place 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

From energy security to business competitiveness

Under the theme “Business continuity through power security,” the summit will bring together commercial and industrial energy users, project developers, investors, financiers, utilities and policymakers to address the practical challenges shaping South Africa’s energy future.

The programme will examine the threats and opportunities facing South Africa’s industrial sector, including rising energy costs, electricity-market reform, decarbonisation and infrastructure constraints.

A key focus will be the growing commercial case for battery storage. The “Energy Storage Beyond Backup Power” session will explore how businesses can use storage for energy arbitrage, peak shaving, demand management, renewable-energy firming and improved power quality – moving batteries from a backup solution to a potential strategic investment.

The energy transition is about more than adding megawatts; it is about building reliable, responsible energy systems that strengthen competitiveness and resilience

Practical solutions for South African businesses

The summit will also look beyond new generation, exploring how businesses can reduce energy costs through energy efficiency, operational optimisation, demand response and digital energy management.

For heavy industry, a dedicated session will examine how mining, manufacturing, cement and metals companies can integrate solar, wind and hybrid energy systems while maintaining reliable operations and competitiveness.

The programme will also address one of the biggest challenges facing new energy projects: infrastructure and collaboration between businesses, municipalities and utilities. Discussions will cover shared infrastructure, wheeling agreements, network constraints and how businesses can engage more effectively with public-sector stakeholders.

The conversation has moved beyond keeping the lights on

South Africa’s energy transition is becoming a business strategy. With electricity-market reform, renewable procurement, wheeling and storage creating new opportunities, businesses need to understand not only where their power will come from, but how they can use energy strategically to reduce costs, manage risk and remain competitive.

“The energy transition is about more than adding megawatts; it is about building reliable, responsible energy systems that strengthen competitiveness and resilience,” said Grace Olukune, Head of Engineering at Eskom Green. “Businesses need solutions that combine renewable power, storage, efficiency and partnerships, while ensuring today’s infrastructure does not become tomorrow’s environmental challenge.”

The C&I Energy + Storage Summit 2026 is supported by a growing group of partners committed to advancing South Africa’s energy transition, including NOA Group as Gold Sponsor, Huawei as EIUG Gold Sponsor, Lyra Energy as EIUG Silver Sponsor, and Webber Wentzel, in alliance with Linklaters, as Bronze Water Security Africa Sponsor.

The C&I Energy + Storage Summit 2026 will bring those decision-makers together in Johannesburg to tackle these questions and explore what comes next for South Africa’s commercial and industrial energy market.

28–29 October 2026 | The Maslow Hotel, Sandton, Johannesburg

Distributed by APO Group on behalf of VUKA Group.

 




 

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S&P Global Energy to Highlight Critical Minerals and Energy Transition Insights at African Mining Week 2026

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Etu Energias

Delegation of senior experts to address market forces, exploration trends, and investment opportunities in Cape Town, Oct. 14-16

CAPE TOWN, South Africa, August 31, 2026/APO Group/ –A delegation of senior executives and global thought leaders from S&P Global Energy is to participate in the African Mining Week (AMW), taking place October 14-16 in Cape Town, to share proprietary data and insights shaping the future of Africa’s mining sector.
 




 
 

Aligning with AMW’s 2026 theme, “Mining the Future: Critical Resources, Sustainability and Community Development,” the delegation’s participation coincides with a surge of investment-led growth in Africa. Holding approximately 30% of the world’s mineral reserves, the continent has emerged as a strategic destination for long-term capital, driven by skyrocketing global demand for critical minerals in clean energy technologies, defense applications, and advanced manufacturing.

As the leading independent provider of information, analytics, and benchmark prices for the energy and commodities markets, S&P Global Energy will help shape key discussions on the market forces and exploration trends impacting this vital sector.

The S&P Global Energy executive delegation at AMW 2026 includes:

  • Atul Arya, SVP and Chief Energy Strategist
  • Rahul Kapoor, VP, Head of Shipping & Metals
  • Vera Blei, Head of Platts
  • Fernando Araya Burchard, Critical Minerals Lead
  • William Mason, Associate Director, Mining Economics & Emissions
  • Malick Diallo, Commercial Lead, EMEA & CIS

Key S&P Global Presentations and Insights: During the event, S&P Global experts will provide proprietary data on the commercial realities shaping mineral development through their panel moderations and presentations. For example:

Global Mineral Race Positions African Producers as Active “Price Setters”

 

  • Dr. Atul Arya will moderate the Ministerial Panel Regional Policy Alignment: Mining Code Reforms to Unlock Value.”  Rahul Kapoor will guide the conversations of panels, “The New Resource Contract: Balancing Sovereignty, Nationalism, and Investor Certainty” and “Unlocking Refining Investment.” 
  • Transition Minerals and Capital Allocation: Fernando Araya Burchard will explore new opportunities across exploration, production, and mineral beneficiation. He will contextualize these trends against staggering demand forecasts—including a projected 350% increase in global lithium demand and a 130% rise in graphite demand by 2040—and discuss how African governments are leveraging international partnerships to expand capacity and modernize infrastructure.
  • Bucking the Trend: Africa’s Decade-High Exploration Surge and the Rising Cost of Production: Despite possessing some of the world’s largest reserves of copper, cobalt, platinum group metals, lithium, and rare earth elements, Africa attracts less than 10% of global exploration expenditure. William Mason will unpack this untapped geological potential and the commercial realities of production costs.
  • S&P Global Energy will host c-suite roundtable on critical issues facing the mining industry in Africa.

ADVANCING TRANSPARENCY IN CRITICAL MINERALS 

Africa’s central role in the energy transition benefits from transparent pricing and supply chain visibility. Aiding the market’s need for such transparency, S&P Global Energy’s Platts recently launched a set of spot market price assessments for rare earth elements: first-of-their-kind, for mine-to-industry “alternative supply chains (https://apo-opa.co/3T4yhCT),” reflecting  prices of refined materials originating from Angola, Madagascar, Mozambique, Nigeria, South Africa, Tanzania, and other nations and China rare earth elements (https://apo-opa.co/45ZaGq9), on a free-on-board basis.

Additionally, S&P Global recently published independent reports on Tungsten (https://apo-opa.co/4iD8j3I), Antimony (https://apo-opa.co/4y62qAv), NdPr (https://apo-opa.co/4zI0Bvv), Gallium (https://apo-opa.co/4gHzlEI), and Germanium (https://apo-opa.co/46hrusJ). These reports aim to advance market transparency and foster dialogue among producers, processors, consumers, investors, and policymakers regarding supply chains that are essential to defense, semiconductors, aviation, and other strategic global industries.

Dr. Arya spoke with African Mining Week highlighting the importance of Africa’s mineral wealth and opportunities for African nations and companies: “Global Mineral Race Positions African Producers as Active “Price Setters”, Says S&P Global Energy (https://apo-opa.co/4y8xcZz).

Organized by Energy Capital & Power, African Mining Week runs alongside the African Energy Week: Invest in African Energies 2026 conference (October 12-16 in Cape Town), where S&P Global Energy is an Emerald Sponsor and will also feature an executive delegation.

For more information on African Mining Week, visit: https://African-MiningWeek.com/

For more information on S&P Global Energy, visit: https://www.SPGlobal.com/energy/en.

 

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

 




 

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