- Regional collaboration will harmonise the cost of deploying, operating and scaling renewable energy projects.
- Most African countries lack the financial, technical and human capacity to fully implement a green energy transition.
The Chief Operating Officer of Oando Energy Resources, Ainojie Irune, has called for regional collaboration among African nations to accelerate the continent’s energy transition. Irune stated this call at the just concluded Africa Oil Week in South Africa. He stated that energy transition presents both opportunities and challenges.
The COO noted that the vast energy deficits in production and abundant renewable energy resources underpin Nigeria’s transition ambitions. According to him, most African countries lack the financial, technical and human capacity to fully implement a green energy transition. He urged a dispassionate prioritisation of regional collaboration to harmonise the cost of deploying, operating and scaling renewable energy projects. He stated that together, Africa can drive progress and foster a brighter energy future.
Speaking on solutions to accelerate Africa’s energy transition and net zero ambitions at the Energy Leaders Debate themed, ‘How can the African continent attain sustainability and increase access to modern energy services for its people?’ Irune added, “Africa is a renewable energy powerhouse. We have the resources, the capacity, and the population. We can no longer excuse ourselves from getting involved in the energy transition.”