Innovation as the key enabler to power Africa

Innovation as the key enabler to power Africa



Over 200 guests coming from the private sector, including Italgen, international institutions and experts were called to attend the 5th edition of Res4Med Annual Conference.

An event to share common views on the role of innovation as the key “driver” of a competitive and sustainable energy system based on the guidelines of “G7 energy” side event held in Rome on April 9th.

Among the key issues, the need to move from a Eurocentric approach to a new one for an equal dialogue with African partners based on a long-lasting value creation.

The conference was also the chance to sign a Memorandum of Understanding between Res4Med and Alliance for Rural Electrification (ARE), thus formalizing their cooperation to promote the development of decentralized renewable energy solutions in emerging and developing markets.

"The Renewable Energy sector could play a relevant role to drive a  sustainable economic growth in Africa and new technologies may contribute to the continent’s electrification through innovative business models" said Giuseppe De Beni, CEO & Managing Director of Italgen. “However, a well-defined and stable regulatory framework is preliminary and essential for a synergic action between African Governments and foreign investors for a continuous dialogue to understand the local needs and  suggest innovative and dynamic solutions".

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