Way forward for Energy Africa 1.0 Convention Champions Regulatory Reforms and Funding Methods for Power Transformation
The extremely anticipated inaugural Way forward for Energy Africa 1.0 Convention held on April 2nd, 2025, at The Artwork Resort, Lagos efficiently convened business leaders, policymakers, and key stakeholders in-person and just about to discover methods for accelerating Africa’s energy sector transformation.
Themed “Navigating Regulatory Shifts and Unlocking New Power Alternatives,” the hybrid occasion underscored the pressing want for coverage reforms, sustainable investments, and technological improvements to bridge Africa’s vitality hole and improve energy sector effectivity.
Key Highlights from the convention
Regulatory and Coverage Reforms
Delivering the keynote speech on behalf of Dr Kola Adesina, Anthony Youdeowei, Managing Director of Sahara Energy Group, emphasised the necessity for secure and forward-thinking rules to draw long-term investments in Africa’s energy sector. He famous: “A well-defined regulatory framework is the muse upon which sustainable vitality options are constructed. Africa has immense potential, however unlocking it requires insurance policies that assist innovation, effectivity, and equitable vitality entry.”
In her regulatory handle titled “New Daybreak” Mrs. Kofo Olokun-Olawoyin, Govt Commissioner for Authorized Advisory, Registration, and Licensing (LASERC), harassed the significance of evolving insurance policies to maintain tempo with business shifts: “Regulatory frameworks should adapt because the business evolves to foster a business-friendly and investment-attractive vitality sector. The collaboration between regulators, traders, and operators is essential to reaching a resilient and sustainable energy ecosystem.”
Funding and Technological Innovation
Talking on behalf of Andrew Knott, Pade Durotoye, Managing Director of Savannah Power Nigeria, highlighted how strategic investments and the usage of superior know-how can drive Africa’s vitality transformation. He explored how revolutionary financing fashions and regulatory diversifications can unlock new alternatives for sustainable energy era and distribution.
A panel dialogue on “Unlocking Alternatives in Africa’s Energy Sector” offered insights into key funding methods, financing fashions, and the function of superior know-how in enhancing vitality effectivity throughout the continent. Panelists included Mrs. Iyabo Soji-Okusanya of Entry {Bank}, Tola Talabi of Elektron, Pade Durotoye of Savannah Power Nigeria, Anthony Youdeowei, Managing Director of Sahara Energy Group.
The discussions had been targeted on sensible steps for fostering private-sector participation, strengthening vitality infrastructure, and leveraging cross-sector collaboration to boost energy era and distribution effectivity throughout Nigeria and Africa.
Driving Actionable Options for Africa’s Power Future
Reflecting on the convention’s affect, Engr. Jude Nwoko, Convener of the Way forward for Energy Africa Convention said,
“The Way forward for Energy Africa Convention has set the stage for significant discussions and actionable options. The insights shared right here will drive the following part of Africa’s vitality transformation, and it’s essential that we proceed these conversations past this convention. Collaboration, innovation, and sustained dedication from all stakeholders can be key to turning these concepts into lasting affect.”
The hybrid format enabled international participation, with live-streamed classes and interactive Q&A segments facilitating direct engagement with the audio system. The convention additionally fostered worthwhile networking alternatives, enabling key stakeholders to attach, share insights, trade concepts, and discover strategic partnerships to drive the vitality sector ahead.
Trying Forward: The Way forward for Energy Africa Motion
The Way forward for Energy Africa Convention 1.0 efficiently established itself as a dynamic platform for thought management and solution-driven discussions, reinforcing Africa’s dedication to constructing a resilient and sustainable energy sector. With the success of this inaugural version, anticipation is already constructing for the following version of the Way forward for Energy Africa Convention, which is able to proceed the very important conversations and drive additional engagement within the vitality sector.
For extra details about the Way forward for Energy Africa and upcoming initiatives, please go to www.futureofpower.ng.
