March 30, 2022
12:00 p.m. – 12:30 p.m. EDT
The transition to renewable energy in Africa has progressed impressively over the past decade, with many countries striving to increase their renewable energy capacity in recent years. Forecasts by the International Renewable Energy Agency (IRENA) indicate that with the right policies, regulations, governance and access to financial markets, sub-Saharan Africa could meet up to 67% of its energy needs. by 2030. This is reflected in the fact that the average annual investment in renewable energy has increased tenfold, from less than 0.5 billion dollars in the period 2000-2009 to 5 billion dollars in the period 2010-2020 .
On March 30, McDermott Partners Carl Fleming and Emeka Chinwuba will host Dr. Abdelilah Chami, Head of Sustainability, North and Central Africa, at Enel Green Power and Kaniaru Wacieni, Senior Investment Manager at Africa50 Infrastructure Fund for a lively discussion on Africa and cross -border investments. This is part of the Future of Energy Transition webinar series.
In this free 30-minute webinar, we’ll cover:
- Which African markets offer the most opportunities for successful renewable investments and the highest project returns?
- What kinds of policies, regulations, governance and access to capital markets are needed to promote new renewable energy investment opportunities in Africa?
- How are cross-border investments in Africa structured and what role do African governments play in making these projects bankable?
- What role, if any, will tech giants, large corporations and their associated data centers play in Africa’s energy future?
McDermott’s offices in Washington, London and Paris recently advised a leading developer on the development, construction and financing of both the largest utility scale and largest distributed generation solar projects in Angola and on the continent.
Dr. Abdelilah Chami, Sustainable Development Manager, North and Central Africa, Enel Green Power
Kaniaru Wacieni, Chief Investment Officer, Africa50 Infrastructure Fund