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

Supreme Court Grants Hearing Of Shell's Appeal In $878m Oil Spill Case

Shell Pledges $20bn Investment in Nigeria

Chief Executive of Shell Plc, Mr Wael Sawan, has lauded President Bola Tinubu’s leadership, citing it as the driving force behind the company’s decision to invest an additional $20 billion in Nigeria. At a meeting with President Tinubu, Sawan praised the President’s

NGX Market Cap Rises By N73bn To N105.95trn

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, increased by N73.49 billion to N105.95 trillion on Friday, January 23, from the N105.88 trillion recorded on Thursday, January 22. Also, the all-share index (ASI) expanded slightly by
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

Top 5 States With Highest Number of Out-of-school Children In Nigeria

Top 5 States With Highest Number of Out-of-school Children In Nigeria

Cases of out-of-school children in Nigeria has risen to a
IMG

Gilbert Chagoury Tagged Tinubu’s ‘Confidante’ In Nigeria’s 1411-man Delegation To COP28

President Bola Tinubu identified a Lebanese-Nigerian businessman, Gilbert Chagoury as