Minister of Energy and Green Transition, John Jinapor, has underscored the want for Africa to lessen its dependence on outside investment for strength projects.
Speaking at the outlet rite of the 2025 Africa Energy Technology Conference (AETC), the minister made a sturdy case for the instant operationalisation of the Africa Energy Bank.
John Jinapor confused that homegrown financing mechanism is essential to de-danger and fund large-scale strength infrastructure at the African continent.
“To faucet the useful resource ability of Africa, we want capital. We can not depend completely on outside financing riddled with conditions, distortions and colonial echoes. We have to increase our personal economic market – one which de-danger nearby projects, returned large price price tag strength infrastructure and maintain fee withinside the continent. The complete operationalization of the Africa Energy Bank have to be a pinnacle priority,” he said.
The AETC 2025 introduced collectively policymakers, investors, and generation leaders to discover pathways for accelerating Africa`s strength transition at the same time as making sure financial sustainability.
The convention turned into held below the theme “Innovate, Invest, Implement: Revolutionising Financing for Sustainable Energy Growth in Africa”.