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Oando boss calls for regional cooperation for a just energy transition



At the recently concluded Africa Oil Week, in Cape Town, South Africa, Chief Operating Officer of Oando Energy Resources, Dr. Ainojie Irune called for regional cooperation amongst African nations to accelerate the continent’s energy transition.

He said “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 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.”

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?”, Dr. Irune said “Africa is a renewable energy power. 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.