JOHANNESBURG, South Africa, May 17, 2021/ -- The
African energy sector continues to solidify
partnerships with German
investors and technology with the aim of leading energy businesses from
Germany, Europe and across the African continent. From upstream to
downstream, Africa’s energy sector must accelerate its transition to
net-zero, continue to adopt new technologies and start to embrace
digitization and decentralization over the next decade.
The
14th German African Energy Forum in Hamburg hosted by Afrika Verein
continues this dialogue and pushes for investment with a clear focus on
highlighting the entire African energy mix, together with economic
cooperation between Germany and Africa.
As stated by
Afrika-Verein, "the economic impacts of the COVID-19 pandemic, climate
change and the ongoing digital transformation of economies need a green,
smart and quick response from the energy sector. Power generation is
still one of the main enablers for inclusive economic growth in
Africa." With this said, the African Energy Chamber strongly endorses
and supports the 14th German African Energy Forum in Hamburg in its
efforts to do so.
In the same manner, there is a strong need for
German and African businesses and policymakers to support policies that
create an enabling environment for investment in a fair and evolving
industry. Germany’s march to net-zero transition can’t be met if Africa
is behind. The African energy sector’s ability to support the rapidly
increasing demands for electricity, the deployment of smart
infrastructure to manage energy more effectively, gas monetization,
combating energy poverty and the approach we take to financing Africa’s
clean energy transitions in a post Covid era makes this forum more
important than ever.
The 14th German African Energy Forum is set
to provide key market insights, trends and opportunities over the next
decade as the energy sector prepares to support a global green economy.
“Year
after year, Afrika Verein has been consistent in keeping Africa at the
center of German foreign policy and energy policy. Their ability to
bring together key stakeholders from Africa and Germany to work on
energy matters including Germany and Africa is inspiring” stated NJ
Ayuk, Executive Chairman of the African Energy Chamber.
“We are
going to need a real net-zero transition that takes into consideration
policy, regulation, innovation, technology and investment in Africa. A
disorderly transition creates a stronger impulse for job losses,
geographic inequity and a deterioration in inequality. In return,
economic disenfranchisement can reduce public support for environmental
policies over time Germans and Africans need to work together to avoid
it.” Concluded Ayuk.
The Africa Energy Chamber believes Hamburg
will be a great place for energy investors, project developers, policy
makers and innovators to share insights and expertise on key transition
trends and opportunities in Africa.
No comments :
Post a Comment