
African Energy Chamber has emphasized the need for Russia to play immense role
in financing energy projects and gas development in Nigeria,Mozambique, Senegal, Tanzania, other countries.
N.J Ayuk,the Executive Chairman of the chamber,who gave the advice at inter-party online conference,said the development us more rewarding than signing pact with African companies.
He said:”Attention needs to be focused on moving away from MOU’s with African companies to closing deals. Russia can play a great role in financing energy projects and gas development in Mozambique, Senegal, Tanzania, Nigeria and other countries. Russian companies working on training and building logistics infrastructure can be a path to building a strong local content framework that drives our energy sector”
He also said Russia continues to be a powerful player in the global energy market as it raised concerns on how Russia-Africa relations can create strong relationships to support an enabling environment, together with Africa’s role in implementing innovative smart power solutions for a post-COVID-19 world and ensuring a sustainable and diversified energy mix.
“We will be setting up a special Russia-Africa Energy Committee with our advisory board to focus on developing energy projects and closing deals. Many young people in Russia and Africa want results and not talk. We need to look at the mirror of the Russian-Africa relationship. We need to not only reflect what we see but correct what we see.
“Across Africa, new systems and networks can be designed around future environmental stressors and energy demands without considering the limitations of old infrastructure. With advanced use of mobile technology in Africa and the lack of existing electricity transmission networks, these developments allow communities in Africa to gain access to power by leapfrogging the traditional model of centralized generation and transmission of power”