According to the African Energy Chamber (AEC), the 13th German-African Energy Forum, held at the end of March, was extremely successful.  Organised by the German Government and the African-German Business Association, the event focused on the financing of energy projects on the African continent and highlighting innovative approaches for financing off-grid projects and partnerships.

“Initiatives such as the German-African Energy Forum are important to create the platforms Africa needs to attract technology and capital within its energy value-chain. Germany’s energy collaboration with Africa is key for the continent’s energy security and the development of reliable and affordable supply of power to Africans. I was sincerely happy to see a lot of good deals taking shape,” says Centurion Law Group CEO and AEC Executive Chairman NJ Ayuk.

He says that the Chamber team participated in various negotiations with German companies on energy projects that will create jobs, investments and business opportunities in Africa, especially for women entrepreneurs and young people. “We also highlighted the role that natural gas can play in Africa’s energy industry, calling on German companies to invest in natural gas infrastructure projects in Africa such as gas-to-power, petrochemicals or fertilizers, and share their expertise in that field.”

Ayuk adds that natural gas is the future of Africa’s energy security. “It’s our move to beat the resource curse and create jobs for young people. Germany, and Europe in general, has expertise in the processing of natural gas, be it producing power from methane through waste-to-power facilities, or developing the right technologies and equipment needed for the development of robust and efficient gas value-chains,” he says.

“The Chamber recognises the contribution of this event to Africa’s energy dialogue and to attracting investments within the continent and will be pursuing such engagement at the APPO Cape VII Congress & Exhibition in Malabo, Equatorial Guinea on April 1st-5th, 2019.”

Credit: https://energychamber.org/news/


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