Oando chief seeks regional cooperation for a just energy transition.
October 17, 2023325 views0 comments
Ainojie Irune, the chief operating officer of Oando Energy Resources, says he would like to see strong regional cooperation amongst African nations in order to accelerate the continent’s energy transition.
The Oando Energy Resources chief made the call in Cape Town, South Africa, during his intervention and contribution at the recently concluded Africa Oil Week.
“For African countries, the energy transition presents both opportunities and challenges. On the one hand, the vast energy deficits in production, combined with abundant renewable energy resources which underpin our transition ambitions.
“Individually, most African countries lack the financial, technical and human capacity critical to fully implement a green energy transition. We must dispassionately prioritize regional collaboration to harmonise the cost of deploying, operating and scaling renewable energy projects.
“Together, we can drive progress and foster a brighter energy future for Africa,” Irune said.
Speaking on solutions to accelerate Africa’s energy transition and net zero ambitions at the Energy Leaders Debate themed, “How can the African continent attain sustainability and increase access to modern energy services for its people?”, irune said “Africa is a renewable energy powerhouse. We have the resources, the capacity, and the population. We can no longer excuse ourselves from getting involved in the energy transition.”
He called for sector leaders to leverage these industry events as an opportunity to move Africa forward, faster.