On Monday, October 21, Genesis Energy Group announced that it planned to install 10.5 gigawatts (GW) of new electrical capacity in Africa in association with international partners over the next five years.

Genesis Energy Group, a pan-African group specializing in the financing, development and management of energy infrastructures, is committed to working to improve access to electricity on the continent by relying on partnerships with several international players, including the American government. The president of the group, Akinwole Omoboriowo II, who was speaking to the press on the sidelines of the Nigeria Energy Leadership Summit 2024 held in Lagos, announced that the group has joined forces with several partners, including the American government, to structure, finance and manage energy projects in Africa. “In five years, our goal is to reach at least 10.5 gigawatts,” he said. It should be noted that the pan-African group Genesis Energy deploys energy solutions based on technologies such as solar photovoltaic, battery energy storage systems, the conversion of natural gas into electricity, hydroelectricity and wind energy