Manifesto of a Just Transition in Africa
For Africa, a just transition would not only mean mitigating climate change but lifting the over 600 million of its people out of energy poverty.
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For Africa, a just transition would not only mean mitigating climate change but lifting the over 600 million of its people out of energy poverty.
State-owned utility Eskom has announced plans to issue a request for proposals for the supply of gas to its Ankerlig and Gourikwa open-cycle gas turbine power stations, as well as potentially repower some of its decommissioning power stations in Mpumalanga province using gas-to-power technology.
With the gap between infrastructure and energy funding growing, how can project developers diversify their funding strategies?
With sanctions being imposed on Russia by western nations in response to the country’s invasion of Ukraine, an opportunity has emerged for African gas producers to enhance hydrocarbon exports to assist with Europe’s supply gap.
With Standard Bank and Afreximbank serving as the continent’s sole provider of intra-African investment towards hydrocarbon projects, diversifying the source of investment will be imperative to balance the continent’s energy needs and fund its energy transition.
Through the adoption of modern, decentralized energy systems, can Africa’s power generation space leapfrog its way towards enhanced energy security?
International Oil Companies operating on the continent uniquely possess the financial resources and technical expertise to transform Africa’s existing energy and economic systems.
