What Oando COO, Ainojie Irune, reportedly said at the Africa Oil Week, in Cape Town, South Africa
Chief Operating Officer, Oando Energy Resources, Dr. Ainojie Irune, has reportedly called for regional cooperation amongst African nations to accelerate the continent’s energy transition.
A statement, which the company sent to Platforms Africa, showed that Irune said this at the recently concluded Africa Oil Week, in Cape Town, South Africa.
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“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,” he was quoted to have said.
“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,” he added.
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 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.
