About 456 unique companies have registered to date from 63 countries worldwide to attend the Africa Energy Forum, an important platform for project investment
WITH global investors clearly looking closer at the opportunities on the continent, already 456 unique companies have registered to date from 63 countries worldwide to attend the Africa Energy Forum starting from June 8 to11, in Dubai. The companies span the value chain of Africa’s power sector — 28 of those are African countries; the largest number to date in the Forum’s 17 year history.
Eleven ministers have confirmed their attendance including ministers of energy, infrastructure and finance from Benin, Ghana, Guinea, Mauritius, Mozambique, Nigeria, Senegal, Sierra Leone, Rwanda, Uganda and Zambia, as well as heads of utilities and regulators across Africa.
This year’s forum introduces the ‘Power In Africa Awards’ and Black Tie Gala Dinner – an ‘Emirati Banquet’ honouring people and businesses with actual projects in operation on the continent; 12 ministerial and utility-led country specific project briefings will shine the spotlight onto unique countries in Africa to provide detailed industry insights and in-country knowledge and Africa Energy Yearbook- the official publication of the Forum now featuring insights from the most prolific investors and important stakeholders in the energy space.
There will also be private meeting rooms for more than 530 closed door meetings between investors and stakeholders. Also, sponsored by Aggreko and Norton Rose Fulbright, the ‘EnergyNet Student Engagement Initiative, ESEI, brings 32 of the brightest chemical engineers and economics and law students from South Africa, Nigeria, Ghana, Mozambique, Tanzania, Kenya and Zambia to Dubai to meet investors and take that next step towards further development and employment.
This year also sees the launch of the ‘ESEI Innovation Hub,’ showcasing creative exciting and scalable renewable technology destined to impact Africa’s access to alternative energy solutions.
Not to be missed is the ‘Access Power’ presented by the ‘Access Co-development Fund, ACF; a live ‘Dragon’s Den’ style competition for early stage project investment, enabling four shortlisted projects to pitch for up to US$5m of development finance which will be awarded during the Forum in Dubai.
EnergyNet’s Simon Gosling commented; “We’re delighted to bring AEF to Dubai to enable stakeholders to capture the massive potential of Middle Eastern investment. The response from regional investors has been unprecedented and it will be exciting to learn from them how the Emirates has successfully used its natural resources to turn its economy into a booming global empire.”
Whether you are a project looking for investment or an investor looking for project, AEF is a very strong platform to engage future partners and understand the opportunities across Africa, a statement issued by the organisers and made available to Realnews last week said.
— Jun 8, 2015 @ 01:00 GMT