WEBINAR

The Energy Transition in Africa
Challenges and Opportunities

Recorded on 18 July 2024

The Energy Transition in Africa
Challenges and Opportunities

As Africa stands at the crossroads of an energy transition, the continent grapples with a multifaceted challenge that is as much about fostering economic growth and eradicating poverty as it is about adhering to the Paris Agreement. Despite contributing a mere 4% to global greenhouse gas emissions, Africa is poised to redefine its energy narrative.

The imperative for African leaders is to strike a delicate balance: pursuing net-zero ambitions while simultaneously catalysing economic expansion and enhancing community well-being. With 43% of the continent’s populace in the dark, the quest for electrification is not just urgent—it’s critical.

In this complex situation, what are the best and the most realistic ways of achieving energy transition on the continent?

Our panel highlighted Africa’s ambitious renewable energy targets, the critical role of gas as a transition fuel, and the need for substantial investment in energy infrastructure. The panelists underscored the importance of a fair and just transition, emphasizing that Africa’s development and climate goals must go hand in hand to ensure sustainable growth and energy access for all.

Speakers

Amb. John Mugerwa

Deputy High Commissioner of the Republic of Uganda in the UK

Caroline Kende-Robb

Senior Director, Strategy and Operational Policies, African Development Bank Group

Mike Sangster

Senior Vice President, Africa, TotalEnergies

Adam Kendall

Partner and African Sustainability Practice lead, McKinsey & Company

Fola Fagbue

Deputy Director & Head, Financial Advisory, Africa Finance Corporation

Hannah Ryder

Moderator and CEO, Development Reimagined