• Saturday, December 28, 2024
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Heirs Energies, Transcorp to join 17th German-African Energy forum

Transcorp Power grows Q3 profit by 198%

Osayande Igiehon, chief executive officer of Heirs Energies, and Owen Omogiafo, president/group chief executive officer of Transcorp, are set to join global business leaders at the 17th German-African Energy Forum in Hamburg, Germany, this week.

Representing one of Africa’s largest integrated energy businesses, the Heirs and Transcorp team will provide insights into Africa’s energy landscape and its potential.

At the forum, Omogiafo and Igiehon will highlight Africa’s energy challenges and its potential for green industrialization, aligning with Elumelu’s recent message at the 28th meeting of the Conference of the Parties (COP28), in Dubai, where he said that the transition to cleaner energy must benefit Africa.

Themed “Africa’s energy roadmap: Breaking new grounds for greener economies”, Omogiafo and Igiehon will speak on panel sessions addressing Africa’s unique energy needs and the continent’s potential for green industrialisation.

Omogiafo will focus on aligning off-grid and on-grid solutions to increase power capacity and spur industrial growth, on her panel themed “Renewables for industrial growth”.

While Igiehon will stress the importance of achieving energy sufficiency in Africa for sustainable development and economic growth.

He will advocate on his panel, “Africa’s Climate Action is Gaining Momentum – Green Industrialization, Climate Finance, Carbon Markets, and Policy Changes,” for a strategy that takes advantage of the continent’s abundant conventional and renewable energy resources to close the energy access gap and supply dependable, reasonably priced power to homes, businesses, and industries.

Heirs Holdings announced earlier this week that Tony Elumelu, the company’s founder, will take part in a high-level roundtable discussion on May 17 at the B7 Summit in Rome, themed “Powering the Energy Transition for the Benefit of All.”

Elumelu will make recommendations and outline priorities for accelerating an equitable energy transition.

The G7, a political and economic forum of seven advanced economies—Canada, France, Germany, Italy, the United Kingdom, Japan, and the United States—has an official business interaction group called the B7.

Transcorp is one of the largest power producers in Nigeria, and now supplies West Africa, with strategic investments in the energy sector through Transcorp Power Plc, Transafam Power, and Transcorp Energy

Heirs Energies, operating OML-17, plays a significant role in Nigeria’s gas supply, particularly to three power plants, and is committed to providing sustainable energy solutions for Africa.

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