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June 13, 2024 - The city of Abuja, played host to the highly anticipated Africa Gas Innovative Summit, drawing energy leaders, policymakers, and technology innovators from across the continent and around the world. The event showcased cutting-edge solutions poised to unlock Africa's vast natural gas reserves and transform energy access for millions. Artificial intelligence (AI) and machine learning also took center stage, with solution providers demonstrating how advanced analytics can optimize gas field operations, midstream logistics, and power generation. Additionally, the summit highlighted innovative financing mechanisms and public-private partnerships that are unlocking capital for gas projects across the continent. Speakers emphasized the importance of blended finance models and creative risk-sharing arrangements to attract investment into Africa's energy sector. As the continent navigates the dual challenges of growing energy demands and the imperative to transition toward cleaner sources, the Africa Gas Innovative Summit in Abuja has proven that Africa's gas sector is poised for a transformative leap forward. With cutting-edge solutions and a collaborative spirit, the industry is well-positioned to maximize the potential of Africa's natural gas resources and deliver widespread economic and social benefits for all. #AGIS #NNPC #SHELLENERGY #NMDPRA #NUPRC #DPR

🌍 Over 600 million people in Africa still lack access to electricity (International Energy Agency, 2021)—that’s nearly twice the population of the United States without reliable power. As the continent works toward sustainable development, climate tech solutions are becoming indispensable. In a recent article, Maxime Bouan highlights how Seedstars Africa Ventures is strategically investing to bridge this gap. Beacon Power Services (BPS), based in Lagos, Nigeria, is one of the key players in this space. Founded by Bimbola Adisa, BPS is revolutionizing energy distribution with real-time data on electricity grids. This innovation is empowering cities like Lagos and Accra to improve grid reliability, cut energy waste, and enhance efficiency. Discover how investments like these are shaping the future of energy access in Africa and how you can get involved. 🌱 🔗 Explore the full story: https://seedsta.rs/3zTBATN Daniela Moreno V Tamim El Zein Bruce Nsereko-Lule #EnergyTech #Sustainability #Energy

In a strategic push for sustainable energy solutions across the African continent, Stanbic IBTC Plc and the Nigeria South Africa Chamber of Commerce (NSACC) have emphasised the need for stronger collaboration. This call came during a high-level dialogue last week in Lagos, where business executives from Nigeria and South Africa gathered to discuss the theme, “Energy Transition: Identifying the Need and Financing the Opportunities.” The session provided a platform for experts to share insights on addressing energy transition needs and exploring various financing opportunities to support sustainable energy projects across Africa. To read the full article: https://lnkd.in/gPj9XQFt #energy #economy #collaboration #nsacc #stanbicibtc #africa #businessverge

USAID-NARUC has assisted the Economic Community of West African States (ECOWAS) Regional Electricity Regulatory Authority (ERERA) as it works to ensure a harmonized regulatory environment that fosters the development of a sustainable and reliable electricity market. The following two new reports will help to reinforce ERERA’s ability to make timely, accurate, and extensive data readily available to all stakeholders within the region. Transparency Procedure for ECOWAS ERERA: https://lnkd.in/e2Km7A3b ERERA Implementation Plan to Bolster Transparency and Data Availability in the Electricity Markets of West Africa: https://lnkd.in/ek_9FFi2 Dorian Mead Rockfeler Hérissé, Ph.D.

TODAY: The 8th edition of the Africa Energy Marketplace (AEMP) opens its doors in Abuja, #Nigeria for an in-person discussion on solutions to the persistent challenges facing Nigeria’s power sector. WATCH LIVE at 9:15AM GMT+1: https://bit.ly/4dLaTQf During previous online sessions, participants proposed a series of policy recommendations in a broad range of areas including regulatory and policy compliance. In Abuja, participants will deliberate further on these recommendations and set forth a plan of action to guide Nigeria towards a sustainable energy future. Wale Shonibare, Director of Energy Financial Solutions, Policy, and Regulation at the African Development Bank described how policy dialogue shapes Nigeria's energy landscape: “Through collaborative dialogue, we are laying the groundwork for a series of policy recommendations aimed at shaping Nigeria's energy landscape and guiding the eventual implementation of policies. The 8th AEMP serves as a crucial platform for policy advocacy, facilitating the formulation of a comprehensive National Integrated Electricity Policy and Strategic Implementation Plan, in line with Nigeria’s 2023 Electricity Act.” The #AEMP8 is convened by the African Development Bank Group to facilitate policy dialogue among governments, policymakers, the private sector, industry experts, and development partners to resolve bottlenecks and pave the way for investments in Africa’s energy sector. #AEMPNigeria #AEMP2024 #PowerAfrica

With USAID and Power Africa funding and in support of Power Africa goals to advance economic growth and prosperity by adding new electricity connections, NARUC has assisted the Economic Community of West African States (ECOWAS) Regional Electricity Regulatory Authority (ERERA) as it works to ensure a harmonized regulatory environment that fosters the development of a sustainable and reliable electricity market. The following two new reports will help to reinforce ERERA’s ability to make timely, accurate, and extensive data readily available to all stakeholders within the region. Transparency Procedure for ECOWAS ERERA: https://lnkd.in/e2Km7A3b ERERA Implementation Plan to Bolster Transparency and Data Availability in the Electricity Markets of West Africa: https://lnkd.in/ek_9FFi2 The Transparency Procedure seeks to enable stakeholders to make informed decisions, enhance market integrity, and contribute to the overall reliability and sustainability of the regional electricity ecosystem. Meanwhile, the Implementation Plan aims to establish clear, accessible, and reliable information-sharing mechanisms regarding market operations, regulatory compliance, and pricing. By referring to these reports, ERERA can advance toward its goal of ensuring transparency for electricity market participants and enhancing regional coordination to achieve a fully interconnected regional electricity market. #WestAfrica #knowledgesharing #electricitymarket #energyregulation

ICYMI: Bringing private sector finance into Africa's electricity grids remains one of the big challenges and opportunities for the continent as it embarks on a clean energy transition that has the potential to create millions of jobs and drive economic growth. Last week our Head of Business Development, Christopher Flavin was a keynote speaker at the FMO - Dutch entrepreneurial development bank and Solar Plaza 'Future of Energy' conference. He spoke on a panel on private sector involvement in the transmission & distribution space. Chris described the growing interest in private funding models for transmission in Africa as evidenced in Uganda, Tanzania, Kenya and most recently South Africa. He discussed the role that transmission infrastructure plays in delivering energy access as well as supporting the energy transition. He explained: "Transmission is essential for electricity access, sustainable power networks and, crucially, for the energy transition. Gridworks has been working on provately funded transmission projects in Africa for several years and is now bringing them to fruition." Chris also talked about the challenges associated with developing greenfield infrastructure, and the role that multilateral development banks can have in helping to boost capacity at key agencies within African governments. Thanks to FMO and Solar Plaza for a great event. You can read our recent report which addresses the challenge and highlights models that can facilitate private investment in transmission on the continent: https://lnkd.in/eTXWrgDM #AfricaEnergy #transmission #energytransition #electricitygrid

The Africa Energy Market Place (AEMP) focuses on #Nigeria this year, and the sessions start today! It promises to be exciting, as a crucial policy dialogue to make inputs into Nigeria's National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP). Please find registration details in the link below. #PowerAfrica #AEMPNigeria #AEMP2024

The Tanzania Energy Cooperation Summit 2024 kicks off today in Arusha, bringing together investors from across the industry, finance, and government. For two days, #TECS24 will showcase Tanzania’s potential, a country ranked third in sub-Saharan Africa for future #investment. Organized by EnergyNet Ltd., TECS24 will look at future trade and generation projects poised to transform Tanzania and the region further. With an emphasis on Tanzania’s’ position as a regional energy enabler, topics being brought to the table include Tanzania’s economic outlook and energy development potential, as well as plotting the best way to build a regional power market. Public-private partnerships in transmission projects will also be on the agenda, in addition to DFIs, governance and regulations, and the vital role of renewables. Alongside major investors, stakeholders attending include national ministers from Tanzania, Malawi, and Ethiopia, as well as heads of national utilities. Speakers from Tanzania’s TANESCO, ELECTRICIDADE DE MOÇAMBIQUE (EDM), and Zambia Electricity Supply Corporation (ZESCO) will also be present, alongside representatives from the public and private sectors, DFIs – including African Development Bank Group, British International Investment, The World Bank and ATIDI - African Trade & Investment Development Insurance Find out more here 👉 https://shorturl.at/qAEI0 #TECS24 #TanzaniaEnergy #energytransition #energysolutions #poweringthefuture #renewableenergy #greenhydrogen

-ENGAGING COMMUNITIES: A KEY TO ENERGY INDUSTRY GROWTH- Recently, I collaborated with Young Energy Leaders and Experts from across Sub-Saharan Africa, including Sudan, Nigeria, Togo, Ghana, and Tanzania, in the Innovation Hub Challenge organized by Future Energy Leaders The Netherlands of the World Energy Council. The challenge, divided by continents, aimed to discuss and exchange ideas for solution-driven tools or mechanisms to address challenges faced by the energy industry, such as finance, a just-energy transition, lack of community engagement, lack of infrastructure, among others. Participating in this challenge was a great opportunity for me to learn, share the Nigerian perspective, and listen to ideas from other Sub-Saharan members. Our team identified lack of community engagement as a barrier to energy accessibility in both the continent and the world, citing reports like the World Bank's. We analyzed how this challenge affects the industry and proposed a technological innovative solution. Please take less than 3 minutes to watch the video below, which provides deep insights into our work. I want to thank our team lead supervisors - Justice Ohene-Akoto, MBA, PMP & ✪ Dr. Maxwell Ampong, DBA, and all members of our team ( Omnia Ali Abdulraheim 🇸🇩 , Chinenye Ajayi , Tosin George , Andrew Auruku , Timothy Ogenyi and others) for the fantastic sessions alongside the FEL Team - Rik van der Vossen and the host of others for the guidance. I also encourage governments, energy stakeholders, and industry experts to engage with communities when formulating policies and attracting infrastructure for energy accessibility in Nigeria, Africa, and the world. #EnergyAccess #CommunityEngagement Nigeria International Energy Summit Nigerian Electricity Regulatory Commission (NERC) World Energy Congress The World Bank