What to Expect in the Upcoming Africa Energy Forum in Nairobi

The Africa Energy Forum (AEF) will route to Nairobi, Kenya, from 20-23 June. The annual event will involve various policymakers and investors exploring the latest trends, innovations, and opportunities in the African energy sector. 2023’s theme is “Investment and Impact,” and over 2,000 people from 70 countries are expected to attend.

This year’s main focus will be on the role of energy in driving economic growth and sustainable development in Africa. We’ll be expecting on several topics such as power infrastructure, renewable energy, energy access and storage, and necessary financing. 

You can bet on the role of renewable energy to be extensively discussed. As a continent, we need more energy sources, with most of our primary sources affected by climatic changes. For instance, the host Kenya has the Lake Turkana Wind Power, which has a 17% power output, enough for 1 million Kenyans. 

Additionally, the forum is expected to touch on energy’s impact on economic growth and development. The discussion will lean on how easy access to reliable and affordable energy is crucial for economic growth. Therefore, the AEF will allow stakeholders and investors to discuss strategies for expanding access to energy across the continent. 

Still, investors need to come in significant numbers to get ample funding for respective energy projects. The event is an opportunity for involved parties to collaborate or share respective data, technologies and expertise that is also effective in remote areas. 

Finally, the AEF will go through the latest policies and market regulations in the energy sector across the continent. This is particularly important for investors and financiers who must understand the regulatory environment and the risks involved in investing in different regions.

There’s no better time to focus on African energy, with the effects of climate greatly affecting the steps taken. With the theme for this year’s forum being “Investment and Impact,” it is expected that the discussions and outcomes of the forum will be critical in shaping Africa as a global energy powerhouse.