Seplat CEO Seeks Affordable Energy For Africa’s Development

October 15, 2023

Roger Brown, the Chief Executive Officer of Seplat Energy Plc, has called for affordable and reliable energy in shaping Africa’s future.

Addressing attendees at the Africa Oil Week (AOW) in Cape Town, South Africa, Brown asserted, “Affordable and reliable energy allows businesses to create jobs in Africa, giving the fast-growing population a future in their country of birth, thereby avoiding mass migration.”

Join our WhatsApp Channel

He went on to express concern about the energy situation in Africa, stating that up to 600 million Africans lack adequate access to energy due to inadequate infrastructure and insufficient investments.

Brown emphasized the need for change, particularly regarding the approximately 900 million Africans who rely on biomass for cooking, a practice that results in numerous problems, including health issues and even loss of life.

READ ALSO:  Seplat Energy Drives Energy Transition Talks At 2023 Africa Oil Week

Brown also raised the issue of energy sources in Africa, noting that many rely on small-scale generators running on imported diesel or petrol. He stressed that increasing access to affordable, reliable, and sustainable energy is a pressing priority, as only three percent of global energy investments are directed towards the continent.

Highlighting the imperative for Africa to harness its natural resources for development, Brown stated that reliance on debt or outsourcing is not a sustainable solution. He called on countries like Nigeria to shift away from diesel and petrol generators, which not only affect health but also hinder progress in various sectors due to high electricity costs.

In an appeal, Brown made it clear that Africa’s development is a right that should be achieved through sustainable energy solutions and domestic efforts, and not solely by relying on debt or external assistance.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Sit-at-home, Heightened Insecurity Cripples South-East Economy – Obi Of Onitsha
Previous Story

Sit-at-home, Heightened Insecurity Cripple South-East Economy – Obi Of Onitsha

WSL Wrap: Arsenal, Everton Beat Aston Villa, Liverpool
Next Story

WSL Wrap: Arsenal, Everton Beat Aston Villa, Liverpool

Featured Stories

Latest from Business

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

NGX Gains N232bn After ASI Appreciates By 0.21%

The market capitalisation of the Nigerian Exchange (NGX) closed at N105.96 trillion on Thursday, January 29, above the N105.73 trillion recorded on Wednesday. NGX revealed that the market capitalisation surged by N232.34 billion following a 0.21 percent appreciation in the all-share index
Union Dicon Is On Path Of Short-term Liquidity Problems

Union Dicon Is On Path Of Short-term Liquidity Problems

After failing to generate revenue from its core business of salt refinement and distribution for over four years, Union Dicon reported that it earned N13.63 million in turnover in 2025. While the resumption of revenue should elicit applause, the company incurred N23.09

Meta Targets $135bn on AI Spending

Meta, the parent company of Facebook, plans to almost double its investment in artificial intelligence (AI) this year, signalling a major push to transform its operations and increase productivity. CEO Mark Zuckerberg told financial analysts on Wednesday that the company expects to
Sit-at-home, Heightened Insecurity Cripples South-East Economy – Obi Of Onitsha
Previous Story

Sit-at-home, Heightened Insecurity Cripple South-East Economy – Obi Of Onitsha

WSL Wrap: Arsenal, Everton Beat Aston Villa, Liverpool
Next Story

WSL Wrap: Arsenal, Everton Beat Aston Villa, Liverpool

Don't Miss

Naira Falls To ₦1,530/$ At Official Market After Public Holiday  

Nigeria’s Foreign Reserves Hit Six-Year Low At $32.87bn As Naira Struggles

Nigeria’s economic landscape faces fresh turmoil as the country’s foreign

P&ID Scam: Court Remands Grace Taiga In Prison

Federal High Court sitting in Abuja, has remanded Grace Taiga,