Connect with us
Anglostratits

Energy

The African Energy Transition Provides Opportunity (By NJ Ayuk)

Published

on

energy

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 A lack of grid capacity, outdated transmission lines, and a significant energy deficit hinders the integration of large-scale renewable energy projects, such as solar and wind farms.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.

Energy

Maia Capital Partners provides Nesa Power with R150 million mezzanine debt funding

Published

on

The mezzanine debt funding will be used by Nesa as growth capital to fund the acquisition of solar photovoltaic (“Solar PV”) sites and expand its PPA portfolio

JOHANNESBURG, South Africa, July 1, 2026/APO Group/ –Maia Capital Partners (“www.MaiaCapital.co.za”) announced that they have provided R150 million mezzanine debt funding to the Nesa Power group (“Nesa”) a South African commercial and industrial (“C&I”) renewable energy group delivering integrated solar, storage and energy solutions under long-term Power Purchase Agreements (“PPAs”).

The mezzanine debt funding will be used by Nesa as growth capital to fund the acquisition of solar photovoltaic (“Solar PV”) sites and expand its PPA portfolio. Nesa is committed to providing renewable energy solutions that drive savings, ensure uninterrupted operations, and reduce businesses’ carbon footprints by offering tailored renewable solutions, including on-site and off-site generation and storage.

Since its inception, Nesa and its founders have built over 46 megawatt-peak (“MWp”) of Solar PV generation capacity and 6.5 megawatt-hours (“MWh”) of battery storage and has raised over R400 million in capital in managed funds that have invested in and currently operate over 70 Solar PV C&I assets on a PPA basis.

We are excited to partner with Nesa on this transaction and to support their growth as they continue to build out their renewable energy platform

The Nesa Power Group has built and operated C&I renewable energy assets through strategic investment partnerships and managed funds for more than a decade and has now evolved into an integrated renewable services group providing the C&I market with turnkey renewable energy services. Through its group companies, Nesa offers the market greenfield development, in-house design, engineering, procurement and construction management (“EPCM”), PPA funding, ownership and maintenance (“O&M”) services as well as carbon credit development services where the group has one of the 1st solar based VERRA carbon grouped projects in South Africa.

Tshandu Ramusetheli, CEO of Maia Capital, said: “We are excited to partner with Nesa on this transaction and to support their growth as they continue to build out their renewable energy platform. This investment sits at the heart of what we set out to achieve when we established our impact fund — deploying private capital to address real societal challenges. Providing clean, affordable energy to South African businesses is one of our key impact and investment objectives, and it directly supports the government’s ambition to strengthen the country’s energy security through expanded private sector generation. This partnership exemplifies our belief that impactful investments can drive both economic growth and social progress”.

Percy Ying, Co-Founder of Nesa Power and Group Chief Investment Officer, commented: “We are thrilled to welcome Maia Capital as a long term partner and are grateful for their confidence in Nesa’s vision and capabilities. This investment materially strengthens our ability to execute on the Group’s growth strategy — accelerating the growth of our PPA portfolio which will underpin our business going forward. The investment will also facilitate meaningful job creation and contribute positively to the broader South African economy — an outcome we are deeply committed to. We extend our gratitude to Maia Capital, our clients and stakeholders, as well as our valued management team for their unwavering belief in Nesa’s potential.”

Mike Bleyenheuft, Co-Founder and CEO of Nesa Power, added: “Securing this mezzanine facility from Maia Capital is a significant milestone for the Group and reflects the strength of the business we have built. The partnership with Maia Capital will ensure that Nesa continues to deliver innovative, high-quality renewable energy solutions to the C&I market. The energy transition in South Africa is accelerating, and with the private renewable market on a trajectory to surpass R200 billion by 2030, the opportunity ahead of us is substantial. We look forward to leveraging this partnership with Maia Capital to drive our next chapter of growth.”

Covington & Burling acted as legal counsel to Maia Capital

Distributed by APO Group on behalf of Maia Capital Partners.

 

Continue Reading

Energy

African Mining Week (AMW) to Unlock Zimbabwe’s $12B Mining Vision Through Direct Investor Partnerships

Published

on

Etu Energias

A dedicated country spotlight at African Mining Week 2026 will showcase regulatory reforms and project developments across Zimbabwe’s mining value chain

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –African Mining Week 2026 – The Most Influential Mining Conference in Africa – will connect Zimbabwean regulators and mining stakeholders with global investors to advance partnerships, as the country accelerates efforts to build a $12 billion mining industry by 2030.

Taking place from October 14 – 16 in Cape Town, AMW 2026 will feature a dedicated Zimbabwe Country Spotlight, showcasing lucrative opportunities across the country’s mining value chain. The country spotlight will feature high-level panel discussions, exclusive networking sessions and project showcases, connecting global investors and service providers with senior decision-makers from the Ministry of Mines and Mining Development of Zimbabwe, the Chamber of Mines of Zimbabwe and leading mining companies operating across the country.

The spotlight comes at a pivotal moment for Zimbabwe, as the country seeks fresh capital to unlock value from more than 60 known mineral occurrences spanning gold, lithium, platinum group metals, chrome, coal and rare earths.

https://apo-opa.co/43Z71HR

In a major move to improve investment competitiveness, Zimbabwe reduced mining-related license and permit fees in May 2026, lowering operational costs for investors while streamlining market participation. Registration fees for dealing in precious stones have been reduced from $15,000 to $10,000, while export permit fees have been cut from $1,875 to $500. New licensing categories – including permits for gold jewellery manufacturing and lithium processing plants – have also been introduced as part of a broader strategy to promote investments across in-country value addition projects. The reduction in fees for beneficiation projects follows the April 2026 introduction of export quotas for lithium concentrates ahead of a planned 2027 ban on concentrate exports. The shift is already reshaping the country’s lithium industry, with Zhejiang Huayou Cobalt achieving Zimbabwe’s first export shipment of lithium sulphate salts in April 2026.

https://apo-opa.co/4w3X7R3

https://apo-opa.co/4uTlYpG

 

https://apo-opa.co/44ziVZ3

 

Coming into this picture, AMW 2026’s Zimbabwe Country Spotlight will provide investors with direct insights into these evolving regulatory frameworks, highlighting emerging investment and partnership prospects in lithium processing and across the mining value chain.

Zimbabwe’s gold sector is also positioned for renewed growth amid sustained high global gold prices (averaging $5,000 per ounce). In line with this momentum, Zimbabwe’s sovereign wealth fund, Mutapa Investment Fund, is seeking $250 million to expand gold mining operations. Against this backdrop, AMW 2026 offers a timely platform for investors to engage with one of Africa’s most prospective brownfield gold markets and explore opportunities across exploration, mine expansion and processing infrastructure.

https://apo-opa.co/4eCDMiU

 

AMW 2026’s strong emphasis on artisanal and small-scale mining (ASM) formalization also aligns closely with Zimbabwe’s national mining development strategy. In May 2026, Zimbabwe certified 300 small-scale miners following completion of training programs safety, compliance and productivity. Supported by funding from Mutapa Gold Resources – a subsidiary of Mutapa Investment Fund – the initiative aims to train and formalize 1,500 ASM players.

 

https://apo-opa.co/44rhsUH

As the official platform where Africa’s mining opportunities are discussed and maximized, AMW 2026 will provide stakeholders with market intelligence on Zimbabwe’s evolving mining landscape and investment outlook.

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

Continue Reading

Energy

Nigeria Accelerates $750B Mining Vision Ahead of African Mining Week (AMW) 2026

Published

on

Etu Energias

African Mining Week will showcase opportunities within Nigeria’s mining value chain as the country seeks capital to unlock its $750 billion worth of untapped mineral deposits

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –Nigeria’s mining sector is entering a new phase of growth as regulatory reforms, downstream investments and international partnerships strengthen investor confidence in one of Africa’s largest untapped mineral markets. The country’s solid minerals sector has secured approximately $3 billion in investments over the past three years, reflecting growing investor confidence as the West African nation seeks to bridge the financing gap hindering large-scale mining development.

 

The investment milestone comes as Nigeria deepens engagement with investors to unlock its estimated $750 billion in untapped mineral resources. The country is targeting an increase in mining’s contribution to GDP to 10%, creating lucrative investment opportunities for global mining industry players.

These developments come as African Mining Week (AMW) 2026 – Africa’s Most Influential Mining Conference, taking place in Cape Town from October 14-16 – prepares to showcase Nigeria’s expanding project pipeline and investment opportunities. Through dedicated country sessions, project showcases and executive networking, the event will connect international investors with Nigerian policymakers, mining companies and service providers driving the country’s mining transformation.

Nigeria’s expanding investment pipeline is a testament to its drive to strengthen partnerships. In June 2026, indigenous company Romulus Mining announced plans to increase investments across its gold and lithium portfolio from approximately $50 million to $150 million over the next three years, underscoring growing private sector confidence in the country’s mining outlook.

A partnership deal signed with Turkey in May 2026 is expected to support cooperation in geological exploration, mining technologies, digitalization and capacity building, while creating new opportunities for Turkish investment and technical expertise across Nigeria’s mining value chain.

Meanwhile, the advancement of several downstream projects – including a $600 million lithium processing facility in Nasarawa State and a $200 million lithium processing plant in Abuja – underscores Nigeria’s commitment to boosting mineral production and supporting industrialization.

Amid these developments, AMW 2026 provides a timely platform for investors seeking to capitalize on one of Africa’s most promising mining markets. The event will facilitate strategic partnerships that support exploration, mineral processing and long-term industry growth, reinforcing Nigeria’s ambition to develop a $1 billion economy by 2030 on the back of its mining industry.

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

Continue Reading

Trending