By Emmanuel Ijikanmi
African power consultants have known as for a shift from power transition to financial transformation, urging governments to hyperlink renewable power investments to industrialisation, job creation and native capability improvement.
The consultants made the decision on the inaugural Energy Transition Africa (ETA) Colloquium 2026, held nearly on Thursday, with the theme: “Transition or Transformation? What Will the New Energy Economy Mean for Africa’s Development”
They stated that Africa’s power transition shouldn’t be measured solely by electrical energy era, renewable power installations or investments attracted, however by its impression on industries, abilities, companies and livelihoods.
Vincent Egoro, the Founder and Executive Director of ETA, stated Africa’s best problem was turning ambition into functionality and functionality into alternative.
He stated power investments should ship advantages past infrastructure improvement by creating jobs, strengthening establishments and enabling African companies to compete, develop and retain extra financial worth regionally.
Egoro described engineers, technicians, researchers, entrepreneurs and regulators because the human infrastructure wanted to maintain Africa’s power transition.
In his keynote tackle, Yagouba Traoré, Head of Policy Planning and Strategy on the African Energy Commission of the African Union, stated practically 600 million Africans lacked electrical energy entry.
He added that shut to at least one billion Africans relied on firewood, charcoal or kerosene for cooking.
Traoré stated Africa’s ample photo voltaic, wind, hydropower and geothermal assets, important minerals and youthful inhabitants provided alternatives to speed up industrialisation and strengthen its place in world power worth chains.
Traoré additionally known as for higher African participation in figuring out the phrases of the worldwide power transition.
Ejiro Gray, the Executive Director of Governance and Sustainability at Sahara Group, stated the excellence between transition and transformation trusted whether or not power investments constructed lasting financial capabilities or merely delivered infrastructure.
Gray stated Africa wanted to measure the financial worth retained regionally by means of procurement, technical experience, expertise improvement, productive power use and entry to capital.
She urged stakeholders to look past megawatts generated or oil and gasoline produced when assessing the advantages of power investments.
She added that African corporations wanted alternatives to develop aggressive capabilities moderately than rely indefinitely on imported experience.
Dr Chantal Naidoo, the Founder and Executive Director of Rabia Transitions, stated financing preparations may decide whether or not Africa’s power transition delivered equitable improvement or strengthened present financial dependencies.
She warned that funding agreements ought to defend nationwide pursuits and guarantee communities shared in the advantages of power improvement.
Naidoo known as for financing preparations that prioritised social safety, distributed dangers extra pretty and supported built-in power methods moderately than remoted tasks pushed primarily by business returns.
Maybel Acquaye, Policy Lead for Minerals and Mining Policy on the Africa Centre for Energy Policy, stated African nations ought to use the power transition to broaden productive financial actions and develop native enterprises.
Acquaye stated investments in clear cooking, photo voltaic irrigation and electrical mobility may create alternatives for native companies, enhance agricultural productiveness and generate employment.
She stated these advantages would rely upon applicable insurance policies and abilities improvement.
Acquaye urged governments to determine commercially viable alternatives inside power worth chains, strengthen partnerships between industries and academic establishments, and promote regional cooperation to cut back manufacturing prices and enhance competitiveness.
Dr Bala Tyoden, Head of the Research and Development Unit on the Rural Electrification Agency (REA), stated electrical energy entry alone didn’t assure financial transformation.
He harassed the significance of dependable provide, upkeep and productive electrical energy use.
In an tackle on behalf of the company’s Managing Director, Tyoden stated Nigerians spent an estimated N16.5 trillion on petrol, diesel and turbines to supply their electrical energy in 2023.
He stated the expenditure illustrated the financial burden of unreliable energy provide.
Tyoden highlighted challenges involving renewable power asset upkeep, rural electrical energy entry and the necessity to join electrical energy provide with productive actions.
He cited rice milling, cassava processing and different small companies as examples of actions that might profit from dependable electrical energy.
Tyoden stated the REA wanted to strengthen asset administration, enhance efficiency monitoring and assist sustainable electrical energy markets.
He added that profitable rural electrification trusted protecting infrastructure operational and guaranteeing electrical energy supported livelihoods.
Four ETA fellows additionally offered analysis inspecting financing, group participation and electrical energy infrastructure challenges throughout Africa.
Edward “Teddy” Odindo, a clear cooking modelling skilled at Kenya’s Ministry of Energy and Petroleum, stated Africa’s clear cooking problem concerned inadequate financing and a scarcity of investment-ready tasks.
He stated such tasks had been wanted to draw capital and broaden entry to wash cooking options.
Odindo known as for clearer duty for growing clear cooking funding alternatives, figuring out market constraints and serving to tasks progress from planning to monetary shut.
Nozuko Poni, Communications Manager at South Africa’s DG Murray Trust, stated communities wanted to grasp how power transition tasks labored, who benefited from them and the way they affected their lives.
Poni beneficial incorporating group understanding and possession into venture agreements, supported by unbiased verification and common monitoring.
She stated the measures would assist guarantee affected communities participated meaningfully within the transition.
Damilola Olowookere, the Coordinator for Access to Energy at Nigeria’s PIND Foundation, stated some Niger Delta host group improvement trusts had funds earmarked for electrical energy tasks.
Olowookere beneficial that the REA set up a register of eligible group trusts and join them with certified builders.
Kemoh Lumei, Energy Sector Director at Liberia’s Government-Millennium Challenge Corporation Compact Development Team, stated electrical energy reliability trusted greater than era capability.
He recognized efficient upkeep, well timed repairs and satisfactory distribution community assist as important to dependable energy provide.
Lumei known as for improved upkeep planning, well timed provision of restore supplies and common buyer satisfaction surveys to handle persistent electrical energy provide issues.
Earlier, Deborah Bonney, a member of ETA’s inaugural fellowship cohort and Deputy Head of Research and Corporate Affairs at Ghana’s Public Utilities Regulatory Commission, moderated the colloquium.
In his closing remarks, Monday Osasah, Board Chair of ETA, congratulated the 14 fellows who accomplished the inaugural programme.
He described their analysis as an necessary contribution to discussions on Africa’s power future.
Osasah urged the fellows to take their findings past the colloquium to tell public debate, assist communities and problem selections that did not serve the general public curiosity. (NAN)
Edited by Ese E. Ekama-Williams
