The African Energy Chamber (AEC) has announced a list of Africa’s top movers and shakers in a push to promote the role of African players in driving energy sector growth and success.
The chamber also recently announced the launch of its highly anticipated State of African Energy 2022 outlook.
Comprising an outline for Africa’s energy sector, the report provides reliable information on Africa’s power industry, emphasising challenges and opportunities, and paving the way for an influx of investment in the continent’s lucrative energy sector.
Specifically, the outlook draws attention to the influential and impactful individuals who are not only leading African companies and organisations into a new era of enhanced activity, but are positioning the continent as a globally competitive energy market.
Dynamic year ahead
The list aims to note individuals active across the entire sector value chain who are making significant progress to advance Africa’s energy industry.
With 2022 poised to be both a remarkable and a dynamic year for Africa’s energy sector, the projects, initiatives and objectives undertaken by these individuals will be both exciting and transformative.
The list serves as a form of introduction to these projects, providing readers with a starting base for further analysis of Africa’s plans for 2022.
“The State of African Energy 2022 outlook is an exceptionally detailed, multi-sector understanding of the current and future state of the African energy sector. Within the report, data-based projections, current challenges and opportunities and future investment trends offer readers the knowhow for navigating Africa’s energy sector in 2022.
“By drawing attention to the movers and shakers to watch in 2022, the report not only challenges these individuals to step up to the challenge and drive Africa into a new era of enhanced sector success but provides readers with a baseline as to who to watch in 2022 and beyond,” says N J Ayuk, executive chairman of the AEC.
Valuable for investors
The report represents the only consolidated document to provide a detailed understanding of the future of Africa’s power sector.
Serving as a prelude to the continent’s premier energy event, African Energy Week (AEW) 2021, which will take place in Cape Town in November, the outlook is not only transformative for the continent’s growth but will be particularly valuable for investors looking to capitalise on Africa’s significant oil and gas opportunities.
AEW 2021, in partnership with South Africa’s Department of Mineral Resources and Energy (DMRE), is the AEC’s annual conference, exhibition and networking event.
AEW 2021 unites African energy stakeholders with investors and international partners to drive industry growth and development and promote Africa as the destination for energy investments.
Dr. Matthew Opoku Prempeh
Dr Opoku Prempeh oversees an industry which, despite its shortcomings, is considered to be one of the most advanced on the continent, driven by a clear framework that allows for investors and service companies to operate seamlessly, and without impairing the benefits that accrue to Ghanaians.
Compared to its peers, most of whom are producers with a longer history in the industry, Ghana has been able to promote strong, progressive local content regulations.
Dr Opuku Prempeh is expected to continue in the same vein in 2022, promoting initiatives like gas to power and advocating for a stronger participation of women in the industry.
He is also expected to be a strong voice on eradicating energy poverty by 2030 in Africa as he champions the electrification of Ghana through a multitude of initiatives spearheaded by his ministry.
Dr KK Sarpong, CEO, GNPC
An agreement by GNPC and Kosmos Energy to buy out Occidental energy’s share of the Jubilee and TEN fields in Ghana strengthen GNPC’s position in the sector and shows that the NOC is willing to put skin in the game and build capacity to take on projects of their own in the near future.
It also shows that GNPC, under Dr Sarpong, is a deal maker and capable of making the tough calls needed to build GNPC’s productive asset base.
As oil prices stay at relatively high levels, it is likely that we will see GNPC embark on several projects in 2022 that will also help increase overall Ghanaian capacity in the sector.