AGP Executive Report
Last update: an hour agoPower Access Crisis: A new World Bank-backed update says 655 million people still lack electricity, with Sub-Saharan Africa the hardest hit and Uganda urged to make power more affordable, expand rural electrification, and scale clean cooking. Battery Storage Push: Envision Energy signed a 660MWh BESS deal for South Africa’s Naos-1 hybrid project (300MW solar plus storage), aiming to deliver dispatchable renewable power and improve grid stability. Grid & Cost Pressure: South Africa’s inflation expectations survey is set to guide the SARB rate call, with analysts warning oil-price moves could still feed into prices. Clean Cooking Alarm: Another report flags that 1bn Africans risk missing clean cooking access targets by 2027, linking energy poverty to health and livelihoods. Oil & Gas Finance Watch: Iraq is eyeing a $400bn energy fund to finance infrastructure and power projects, while OPEC forecasts rising oil demand despite EV growth. Regional Energy Talent: Ghana’s Regional Maritime University graduated 417 professionals, reinforcing skills for the blue economy and maritime energy supply chains.
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