22 June 2022

Challenges in Nigeria and Ghana’s energy market, present opportunities for entrepreneurs

A report published by IRENA in March 2021, stated that a renewables-based energy transition promises to deliver vast socio-economic benefits to countries across Africa, improving energy access, creating jobs and boosting energy security. It mentioned that to realise these benefits, African countries have an opportunity to leapfrog fossil fuel technologies to a more sustainable, climate-friendly power strategy aligned with the Paris Agreement and low-carbon growth.

In our June webinar we explored Nigeria and Ghana’s energy markets.

It was evident from the presentations that as much as a transition to sustainable, climate-friendly power strategy is necessary and compelling, there are current challenges that present vast opportunities for entrepreneurs.

As illustrated in figure one below, Nigeria presents opportunities across the electricity ecosystem: from consulting services, to infrastructure development opportunities.

Figure 1: Presentation by MS.ONYECHE TIFASE
Figure 1: Presentation by MS.ONYECHE TIFASE

While Ghana is exploring innovative solutions for a transparent energy system with multiple energy trading, it is also deliberately identifying entry points for gender mainstreaming.

Figure 2: Presentation by: ING. GEORGE S. NIPAH
Figure 2: Presentation by: ING. GEORGE S. NIPAH

Energy systems are undergoing rapid, significant, and disruptive change. A number of major trends are under way that could catalyse the closing of energy access gaps around the world. Positive trends include the decentralisation of energy generation and distribution to reach remote areas, rapidly declining technology costs, the proliferation of mobile connectivity for communication and finance, and the increase of women’s business ownership in some most countries in Africa.

Delivering sustainable energy to all women and men and their children requires a greater focus on gender equality in both the delivery of and the beneficiaries of sustainable energy services.

A report by the Institute of development studies listed the following trends (Pueyo, 2020),

Figure 3: Gender implication trends in energy access: Institute of Development Studies
Figure 3: Gender implication trends in energy access: Institute of Development Studies

Our presenters shared perspectives ranging from access to market, technology, finance and networks.

Invest two hours to watch our webinar, download their presentations, take note of insights that are relevant to your entrepreneurial journey.

AWEaP Webinar 6 stats

Programme

Content

Speakers

Introduction

Introduction to AWEaP
Purpose of the webinar
Introduction to the topics

AWEaP

MS. BERTHA DLAMINI
Founding President African Women  in Energy and Power NPC

Rural Electrification

Opportunities for Women Entrepreneurs

AWEaP Chairperson:
Nigeria

MS HABIBA ALI
CEO/Founder Sosai Chairperson – AWEaP Nigeria

Gold Sponsor: OEM

Access to Technology

Sponsor

MS. THOBEKA SISHUBA
Rockwell Automation

Utility 1

Access to market:Utility strategy and focus

Enabling Smart Cities & opportunities for SMMEs

Integration of renewable energy

Procurement process

Gender mainstreaming

Nigeria

ENGR. FOLASADE SANYA
Transmission Company Of Nigeria or Ibadan Electric Distribution Company (IBEDC)
Head of Network planning –

Utility 2

Ghana

ING. GEORGE S. NIPAH
Grid Company Limited – GRIDCo, Ghana, Director, System Operations

Gold Sponsor: OEM

Access to technology: Trends in Energy innovation

Future of Energy in Africa

MS. RITA NKUHLU
Executive Director – Business Excellence at Siemens (Pty) Ltd. Africa

Access to markets and technology – a perspective from Nigeria

Future of Energy in Africa

MS. ONYECHE TIFASE
VP Strategy, Technology & Innovation, Industrial Applications Division at Siemens Energy

Industry Association

Women in Energy Ghana

Access to Networks

MS. EUNICE BIRITWUM
Women in Energy – Ghana

Close

Closing Remarks:
SDG 7
SDG 5
SDG 8

AWEaP

MS. BERTHA DLAMINI
African Women in Energy and Power NPC

We encourage you to do the following:

  1. Visit our YouTube channel
  2. Watch previous webinars
  3. Take notes from the presentations given
  4. Note the tips shared on how you can gain entry into the energy and power sector as an entrepreneur
  5. Note programmes in place to address some of the barriers:
    1. Access to market
    2. Access to skills development
    3. Access to finance
    4. Access to technology
  6. Download presentations and listen to the recorded webinar again
  7. Follow through by: visiting websites and taking the initiative to build the network necessary to enable your participation.

Inspiration

As we contemplate transition into modern clean affordable energy sources, we must be deliberate in designing and financing strategies that truly build an inclusive energy ecosystem.

Bertha Dlamini, Founding President AWEaP