The African Energy Chamber (AEC)), representing the African energy sector, extends its full support and endorsement to the upcoming Africa Energy Technology Conference (AET), recognizing the event’s role as a platform to foster innovation and technology in Africa.
Taking place from May 27-29, 2025, in Accra, Ghana, the event will bring together government officials, policymakers, and energy technology leaders to discuss financing and technology opportunities in Africa.
The theme of AET 2025 is “Innovate, Invest, Implement: Revolutionizing Financing for Sustainable Growth in Africa’s Energy Sector,” emphasizing the need to increase spending across the continent. Key themes to be addressed include technological innovation, attracting diversified investments through new financial mechanisms, and efficient implementation of energy projects.
Aiming to address Africa’s most pressing energy challenges, including access to energy and finance, this event is expected to place the continent at the forefront of global energy discussions.
Africa is at a critical juncture in its energy development as it strives to advance large-scale energy projects while reducing carbon emissions.
With more than 600 million people living without access to electricity and 900 million people living without access to clean cooking solutions, countries across the continent are advocating for increased investment across the energy value chain to accelerate oil, gas, and renewable energy projects.
Meanwhile, the continent has committed to reducing its greenhouse gas emissions to mitigate the effects of climate change, given that Africa is the region most affected by the climate crisis in the world. It is in this context that the need to accelerate technology adoption and strengthen innovation is becoming clear.
Africa’s unique energy challenges can be addressed through the rapid deployment of diverse energy sources, and progress is already being made to achieve this. Africa’s largest oil producers are seeking to increase production, with Angola planning to maintain output above 1 million barrels per day (bpd), Nigeria targeting 2.5 million bpd, and Libya striving to reach 2 million bpd.
Meanwhile, the continent’s gas-rich countries aim to increase LNG production. The Republic of Congo is targeting 3 million tonnes per annum (mtpa) with the launch of the second phase of the Congo LNG project in 2025; Mozambique is pushing ahead with projects in the Rovuma Basin; while Senegal and Mauritania are targeting 5 mtpa from the Greater Tortue Ahmeyim project, following first production in 2024.
At the same time, countries are expanding their clean energy portfolios, with nuclear and green hydrogen projects taking shape. Upcoming green hydrogen projects include the ACME Group Sokhna project in Egypt (2,100 kilotons per year (ktpa) in 2030), the Nour project in Mauritania (1,200 ktpa), and the AMAN project in Morocco (900 ktpa), among others. In the nuclear sector, the goal is to reach an operational capacity of more than 15 GW across the continent by 2035. South Africa is increasing its production capacity, Egypt is developing its first plant, consisting of four reactors, while more than ten countries are considering adopting nuclear technology. To eradicate energy poverty by 2030, the continent will need all of these energy sources.
According to the report distributed by the APO Group on behalf of African Energy Chamber, the AET 2025 conference is part of this effort to foster collaboration across the energy value chain in Africa. The event highlights the need for an integrated and diversified energy mix, with technologies that promote energy efficiency and sustainability. By leveraging innovation, the event emphasizes the value of cutting-edge technologies and innovative investments.
“As the continent strives to unlock the full potential of its oil, gas, and energy resources, increased technology deployment will be essential. The AET is expected not only to revolutionize the African energy landscape by identifying key financing and technology opportunities, but also to foster greater collaboration across the sector by bringing together key energy stakeholders,” said NJ Ayuk, Executive Chairman of the AEC.
GIK/APA