Policy-makers need to retool fossil fuel dependent states and systems, to retrain workers in order to ensure that the transition is just, to plan for new sources of tax revenue and to hold back from investing capital in assets which are likely to be stranded by the transition. Eskom and coal companies must start training a pool of their staff for the just transition or renewable energy materials and management of systems. Transformation must be communicated to all staff in time and have a decade or two decade plan that will make ease to tailored programmes to shape human capital to the decarbonized future economy.
“We need everything on the table. We need public sector support and also private money to come in. There can’t be one source of money. We need to convince private investors that putting power into Africa it is an investment,” says Ogunbiyi.
The strategy was grounded in the recognition that partnerships are central to its success. In collaboration with African countries, the Bank’s interventions have ranged from setting up the right enabling policy environment, supporting utilities, to increasing the number of bankable energy projects.
“There are two people dead that I know of and many injured,” said the person, who was not authorized to speak to the media.
DMWA Resources endorses Equal by 30 Campaign, encouraging more women to become Players in the Energy Sector
DMWA Resources (www.DMWAResources.com), a pan-African energy marketing & investment holding, endorses the gender equity campaign, Equal by 30, which aims to encourage women in the clean energy sector to access equal pay, equal leadership and equal opportunities. Alongside 6 partner organisations, DMWA increases the total of signatories to 144, including 118 organisations, 13 partners and 13 governments. By having a limited workforce, companies are not drawing upon the full range of talent at
Madagascar: Government of Madagascar gets Euro 4 million from African Development Fund for Sahofika hydropower project
Download logoThe African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project, which will generate affordable, clean energy benefitting some 8 million people. The Sahofika project is located on the Onive River, 100 km southeast of the capital Antananarivo. It entails the construction of a 205 MW hydroelectric power plant on a Build-Own-Operate-Transfer
By Thomas Hedley, Field Editor Although they are located 1,800Km from each other, Côte d'Ivoire and Senegal vie for the place of economic leader in West Africa, with a slight advantage for the former which, thanks to its leading economic capital Abidjan, was able to attract many investors, particularly French speaking. The population of Senegal reached 15.85 million people in 2018 compared to 25 million in Côte d'Ivoire. The same difference can be observed when loo
Apex Industries joins Equal by 30 Campaign and Commits to Equal Pay, Leadership and Opportunities for Women in the Energy Sector
The Equal by 30 Campaign aims to advance gender equality and ensure women have the same opportunities as men in the energy industry. The Equal by 30 campaign is a joint initiative of the Clean Energy, Education and Empowerment Initiative (C3E), which works to advance the participation of women in the clean energy transition and close the gender gap, and the International Energy Agency (IEA). The Equal by 30 campaign aims to have public and private sector commitments to work towards equal