Africa Energy Expo’s Post

One of the most critical challenges of our time is providing reliable energy to more than 500 million people in Africa who still lack access to electricity—a problem that Bboxx exists to solve. It was an inspiring week at the #GOGLA Forum in Nairobi alongside Amaury Franklin Fastenakels, our CCO, Susan Odaya Odipo, Bernard Mucui, and Vincent Koech among other peers in the industry, all united by the shared goal of shaping Africa’s future by driving universal electricity access and building climate resilience. Here are some of my takeaways from the forum: 🔌 Off-grid solar energy remains the most cost-effective solution for providing electricity to those who still lack reliable access in Africa. With Africa’s population projected to double by 2050, primarily consisting of young people, the demand for innovative renewable energy solutions is expected to increase significantly. 🌞 Given Africa's crucial role in addressing climate change, thanks to its youthful population and abundant renewable energy resources, there is an urgent need for increased support, especially in the form of funding, to scale these solutions and achieve universal energy access. Innovative financing mechanisms, such as local currency debt financing and Results-Based Financing (RBF), can help unlock the capital required to scale off-grid projects on the continent. 🌱 It was inspiring to witness innovations in the sector, including solutions for the productive use of solar energy, such as energy-efficient farming equipment. These technologies empower communities, particularly women and young people, to become more self-sufficient and more resilient to the effects of climate change. The future is bright where there is more support ▶ more capital ▶ more energy access for millions across Africa. 🌍 #EnergyAccess #OffGrid #GOGSFE24 #UniversalElectrification

Some sharp eyes might have spot a new kid at the Global Off Grid Solar Forum and Expo in Nairobi! Walking around the expo, I met inspiring innovators that use the internet of things to advance solar technology for cold storage, international agencies that design new financing models, research centres that showcase low cost solutions for emerging markets. I couldn't help to notice how most people approach the complex challenge of energy transition with a tech-driven solution. My observation point is Kenya and from here, the challenges seem to be mostly around fairness and access. We need to talk about who is going to lead and drive the energy transition in Africa? Who is going to invest on #greenleaders? If you work in this space, come and have a chat with me! #GOGSFE24 Wasafiri #systemthinking #systemleadership #complexity

🌍⚡ Celebrating a Milestone in Sustainable Energy for Burundi! ⚡🌍 In a momentous event, the Republic of Burundi has inaugurated 11 mini-grids, installed by Aptech Africa Ltd, spanning across 5 provinces. This transformative leap in the nation's energy landscape signifies a powerful stride towards sustainable development and energy accessibility. Each mini-grid, equipped with significant storage capacity, is set to power local businesses, schools, and healthcare facilities, fostering socio-economic growth. The presence of the President at the ceremony underscores the government’s unwavering commitment to sustainable development and innovative solutions. This initiative not only addresses energy poverty but also paves the way for economic independence and climate resilience. Together, government agencies, private enterprises, and local communities are united in the pursuit of a sustainable and prosperous future for Burundi. 🌱🔋 Read the full article from SolarQuarter here: https://lnkd.in/db8PSiR8 #SustainableEnergy #RenewableEnergy #Burundi #EconomicDevelopment #Innovation #EnergyAccess #GreenEnergy #CommunityEmpowerment

I recently attended the GOGLA 2024 Conference in Nairobi, marking my first visit to East Africa. The conference provided deep insights into off-grid solar solutions and the coordinated global efforts in electrifying emerging markets. Here are my key takeaways from the 3-day event: 📽 Projects drive regulation, even in the highly regulated energy sector. A panel featuring the Rural Electrification Agency of Nigeria highlighted how private sector projects can influence and reshape regulations, fostering an environment conducive to innovation and further investment. This interaction between project initiatives and regulatory frameworks underscores the dynamic nature of the energy sector and its evolution toward facilitating rather than hindering new developments. 🏦 Development Finance Institutions are invaluable in scaling projects, but alignment with their specific goals is crucial. An enlightening session on World Bank's Rogeap PFM initiative, supported by entities like ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE), West African Development Bank, and Power Africa showcased the powerful synergy when international organizations collaborate to propel shared objectives in sustainable energy. 🤝 The market potential for renewable energy in Africa is immense, with vast opportunities for collaboration over competition. Solar is often seen as a mature and thus commoditized technology. Yet, the vast energy needs on the continent provide a fertile ground for partnerships that leverage collective strengths to address Africa’s specific energy challenges. These insights are invaluable as we continue to drive VitaRi Energy’s initiatives forward, enhancing our contribution to Africa’s renewable energy landscape. #RenewableEnergy #GOGLA2024 #Sustainability #OffGridSolar #EnergyAccess

I am excited to be participating in the Africa Energy Leadership Summit going on at the Kigali Convention Centre in Rwanda. ✍️This Leadership Summit is a truly pan-African event for senior decision makers in African who are engaged in closing the continent’s energy and power infrastructure gap. Held under the theme "Investments, Integration, Infrastructure, and Governance to Fuel the Energy Transition." The Summit aims to create partnerships and opportunities that will accelerate targeted interventions and achieve the objectives and pillars outlined in the Africa Power Vision to Action Initiative, and by extension the Program for Infrastructure Development in Africa (PIDA) for a just, fair, and equitable energy transition. ✍️ I am particularly impressed with the engaging interactions and solutions being discussed. Some of the Key Topics include: 📌The role of innovation in driving forward last-mile rural electrification with decentralized renewable energy (DRE). 📌The roadmap to an integrated continental electricity market – Green Finance, PPP and the Energy Transition Gas-to-power infrastructure as an enabler of the energy transition. 📌Energy Security in Africa; How would you design a carbon market mechanism that helps to reduce emissions while encouraging investment into your country's energy system. 📌Transforming energy consumption – building, industrial, agriculture and transport sectors. 👉To find out more visit: https://lnkd.in/d3yj6zxg #Africa #Energy #Leadership #AEE2024 #Sustainability #Green #Electricity #Renewable #Smart #Grid #Projects #MENA #Diaspora #PPP

Invest in Africa…

The foundation of the development of the African continent is energy

Energy: A vital cornerstone for development in Africa

Gaziantep Büyükşehir Belediyesi is one of the municipalities in our #greencities programme which we enjoy to do many of of the firsts in Türkiye, and become role model by investing in solar energy for self-consumption of bringing drinking water to the city which we financed. One of key priorities of EBRD Türkiye Country Strategy for 2024-2029, financing of #energyefficiency investments and supporting greentransition of the municipal infrastructure are very important for the achievement of #greeneconomytransition and #decarbonisation targets of #Türkiye. Elisabetta Falcetti Harry Boyd-Carpenter Nandita Parshad Idil Gursel Cem Ocak

As the « Burundi Renewable Energy Access Days 2024 » conference continues, we're excited to present the second of our 4 thought leadership papers prepared by KAGE Advisory for this pivotal event. CATALYSING GROWTH This paper explores how Burundi can position itself as a hub for innovative eco-financing in East African renewable energy, driving economic growth and sustainable development. Key topics covered include: ➲ Green finance as a catalyst for economic growth ➲ Regional integration for enhanced green finance ➲ Innovative green financing mechanisms for Burundi ➲ Lessons from successful regional case studies We examine how Burundi can leverage its position within the East African Community to attract larger investments and achieve economies of scale in renewable energy development. The paper offers actionable recommendations for government bodies, financial institutions, project developers, and regional organisations to collaboratively build a resilient, sustainable energy sector. We invite you to download and engage with our insights. Together, we can unlock Burundi's potential as a leader in green finance and renewable energy in East Africa. Stay tuned for our upcoming papers on Community Empowerment and leveraging the Eastern Africa Power Pool (EAPP). --- #Burundi #GreenFinance #RenewableEnergy #Sustainability #BREAD2024