25th Africa Energy Forum : From 20 – 23 June Supercharging Africa’s sustainable energy future Absa | Corporate and Investment Banking > Insights and Events > 25th Africa Energy Forum Collaborating strategically with our clients at the Africa Energy Forum 2023 to enable the continent’s sustainable renewable energy transition 20 – 23 June 2023 25th Africa Energy Forum As a leading Pan-African bank, we are committed to collaborating strategically with our clients at this forum, which will be held from 20 – 23 June in Nairobi, Kenya. This is to enable the continent’s sustainable renewable energy transition through our unique investment, finance solutions and expertise. We invite you to engage directly with our subject-matter experts and leverage our experience and understanding of African markets to unlock value across the continent and facilitate the resources and energy sector's transition to a more sustainable future. Watch as Shirley Webber, Coverage Head, Resources and Energy, Absa CIB, shares some insights into what can be expected at this year’s conference. Meet our experts We are committed to collaborating strategically with our clients at the Africa Energy Forum 2023 to enable the continent’s sustainable renewable energy transition. Bhavtik Vallabhjee Head: Power & Renewables, Absa CIB James Agin Executive, Absa Bank Kenya Shirley Webber Coverage Head: Resources & Energy, Absa CIB Theuns Ehlers Head: Resource & Project Finance, Absa CIB The latest in Resources & Energy Broadening your perspectives for the resources and energy sector's transition to a more sustainable future. POWER, UTILITIES & INFRASTRUCTURE INSIGHTS What Africa’s Renewable Investment Wave Requires Most Is Design There are established markets, and then there are conditions that precede them. Africa’s renewable energy sector finds itself suspended between the two – an area where assets have begun to accumulate, but where the mechanisms for scaled capital reallocation remain embryonic. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Africa Is Rewriting the Rules of Clean Power – As It Plays the Game Africa holds a critical position in the global energy transition – both as a frontier for renewable deployment and as a proving ground for how legal and policy instruments can be used to mobilise capital at scale. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS De-Risking Africa’s Renewable Energy Agenda Every driver starts a long journey with the same question: am I prepared for potential issues? The spare tyre is checked, fluids topped up, and the route carefully mapped. Preparation is built in from the start, not improvised when conditions change. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Power Trading to Surge in African Renewables Renaissance The African energy market is maturing and becoming increasingly de-centralised as renewable energy projects have surged. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS The hidden value of waste in the renewable energy ecosystem “China's manufacturers are pumping out so many solar panels that the resulting global glut has caused prices to tank. Solar panels — 80% of which are made in China — are so cheap that they're now being used to line garden fences in Germany and the Netherlands”. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Africa’s race to the sun (and other alternatives): Who is winning? One of the most emotive subjects in Africa currently is the energy transition from fossil fuels to cleaner energy, with the mining and resources sectors at the sharp end of the debate. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS The Role of financial institutions in increasing the pace and scale of Africa’s Renewable Energy Transition The urgent need to combat climate change has thrust renewable energy into the global spotlight. As governments, businesses, and individuals grapple with the challenges of reducing carbon emissions, the role of financial institutions in supporting and propelling the renewable energy transition is becoming increasingly prominent. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Captive power solutions; an exciting new reality awaits Absa recently released its annual financial results and from this, there are two important numbers to highlight. The first being that Absa is working on power projects representing over 2000MWs and the second being that the bank has R45bn in new power projects in the pipeline. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS African energy and minerals re-imagined With the African minerals and energy sector flourishing with possibility, one can’t help but draw parallels with the late 1880’s when the first gold was discovered on the Witwatersrand – in Johannesburg, South Africa – that kick-started the “Gold Rush”. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Energy sector moves up a gear While South Africans are understandably frustrated by the operational issues at Eskom and the impact it is having on business and quality of life, it is important to stop and appreciate that real progress is being made. Read more Related Deals Unlocking your potential with insight and sustainable solutions. DEALS Powering a sustainable future with Ferroglobe At Absa CIB, we believe that financing critical mineral supply is essential for advancing the Just Energy Transition. Our partnership with Ferroglobe supports the expansion of silicon metal production, which is key to semiconductor chips and solar panels, driving economic growth, job creation and Africa’s role in the renewable energy value chain. Read more DEALS Propelling South Africa’s Just Energy Transition Our landmark project financing contribution towards an R8.8 billion transaction with Red Rocket South Africa (Pty) Ltd reinforces our position as a market leader in renewable energy financing. Read more DEALS Building a more robust green energy landscape South Africa’s green energy sector is poised for significant transformation, with vast untapped investment potential. Our R1.45 billion deal with G7 Renewable Energies and Cennergi Holdings marks a monumental sustainability partnership, highlighting the critical role of finance as a catalyst for advancing renewable energy projects. Read more DEALS Driving a greener energy value chain We are pleased to share that Absa has successfully acted as Co-Mandated Lead Arranger, Facility Agent and Hedge Provider alongside Nedbank for Pele Green Energy’s Sonvanger 100MW solar PV power project. This R2.2 billion project is a landmark transaction for Pele Green Energy, positioning them as a leading developer in South Africa’s renewable energy sector. Read more DEALS Enabling local prowess for world-class scale Absa’s balance sheet commitment will ensure Gamsberg Mine is ranked among the top five zinc-producing mines globally and will help BMM create jobs and improve economic activity in the region. We are invested in your story and invite you to write it with us. Read more DEALS Fostering sustainable growth is a story of diversified energy supply As a leading Pan-African bank, Absa continues to prioritise the financing of renewable energy projects. Absa Corporate and Investment Banking is proud to have acted as a mandated lead arranger and the sole hedge execution bank in the Envusa Energy deal. Read more DEALS Expertise that powers the continent We are proud to have provided advisory services and financing for Infinity Power’s acquisition of Lekela Power, Africa’s largest renewables-focused, independent power producer. Read more DEALS Enabling energy that nature creates We are proud to have acted as a mandated lead arranger and lender for three Red Rocket Energy (Pty) Ltd (“Red Rocket”) renewable energy projects valued at approximately R12 billion. Read more DEALS Expanding the continent’s access to green energy We are proud to have acted as Mandated Lead Arranger, Hedge Bank, Agent Bank and Account Bank for EDF-R’s three wind energy projects, part of South Africa’s REIPPP Programme. Read more DEALS SOLA/TRONOX Our sustainable finance goals include assisting clients on their journeys to transition from fossil fuels to renewable energy sources, supporting our strategic theme of being an active force for good. Read more Set up a meeting with our experts Get tailored advice on the right products, services and funding solutions for your business banking needs. Effortless online booking Use our convenient online tool to book your meeting with a corporate banking expert Customised to your needs Tailor your session by choosing a meeting time which suits you. Tell us what your business needs are and we will put you in touch with the right Absa expert Private & confidential We guarantee that all information shared and all meeting sessions are secure and confidential. Meet our experts
