AUN News: Your Source for Inclusive Global News

AUN News is a leading media channel committed to delivering impactful information on public policy. Our mission is to amplify the voices of deprived and marginalized stakeholders, ensuring inclusiveness in the policy-making process to achieve the United Nations Sustainable Development Goals (SDGs) . Through rigorous reporting and insightful analysis, we bring critical global issues to the forefront, striving for transparency and accountability in governance.

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  • International Relations and Politics: We analyze the relationships between countries, exploring diplomatic efforts and conflicts that shape our world. Our coverage includes political alliances, treaties, and the role of international organizations.
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AUN News is more than just a media channel; it’s a movement towards inclusivity and awareness. By providing comprehensive coverage of critical global issues, we empower our audience to engage with the world around them. We believe that informed citizens are the backbone of a healthy democracy and advocate for a future where everyone’s voice is heard and valued.

Together, let’s create a more informed society that champions human rights, social justice, and sustainable development. Stay connected with AUN News for the latest updates, insightful analysis, and a community dedicated to fostering positive change.

AUN News: Your Source for Inclusive Global News

AUN News is a leading media channel dedicated to delivering impactful information on public policy. We focus on amplifying the voices of deprived and marginalized stakeholders, ensuring inclusiveness in the policy-making process to achieve the United Nations Sustainable Development Goals (SDGs) .

Our Commitment to Global News Coverage

With a network of committed journalists, editors, and broadcasters, AUN News covers essential topics affecting governance, development, and social affairs across the Americas, Europe, Africa, the Middle East, Asia, Oceania, and beyond. Our dedication to inclusiveness drives us to provide authentic and credible reporting on critical areas such as:

  • International Trade & Commerce
  • International Relations and Politics
  • International & Regional Cooperation Mechanisms
  • Art and Culture
  • Conflict: Causes, Effects, Regulations
  • Democracy and Civil Rights
  • Environmental Laws and Global Concerns
  • Labour, Migration, and Trafficking Issues

Stay Informed with AUN News

Our expert team provides accurate, unbiased reporting and analysis, ensuring that you remain informed on crucial issues. We cover various topics, including International Relations, Environment Laws, and more, helping you grasp complex global dynamics.

Expert Analysis and Insightful Commentary

At AUN News, we offer insightful analysis and commentary from experts in Political Science, Fact-Checking, Investigative Reporting, and Policy Advocacy. Our diverse perspectives help readers understand and engage with intricate issues affecting public policy.

Join Our Engaged Community

Become a part of our community by joining the conversation on pressing global issues. Share your thoughts, connect with like-minded individuals, and engage in meaningful discussions on topics that matter to you.

Our Dedication to Social Justice

AUN News is committed to promoting social justice and grassroots advocacy. We focus on Democracy, Civil Rights, Labour, Migration, and Trafficking Issues to raise awareness and stimulate change in our communities.

Fact-Based Reporting

Our dedication to fact-based reporting ensures that readers receive accurate information to make informed decisions about issues that affect their lives. We strive for integrity and transparency in all our reports.

Connect with AUN News

Join us today to start receiving our informative content. Stay updated on vital issues and become part of the AUN News community. Engage with others, share your opinions, and contribute to discussions that impact society.

Our Mission

At AUN News, we strive to build a more inclusive world. We support businesses, policymakers, civil society, and international news outlets in championing inclusive policies and achieving Sustainable Development Goals. Our mission is to ensure everyone has a voice in the policy-making process.

Why AUN News Exists

We are driven by a belief in inclusiveness and the Sustainable Development Goals. AUN News amplifies marginalized voices in the policy-making process, recognizing their vital role in shaping effective policies. We are the broadcasting arm of the Advocacy Unified Network, headquartered in The Hague, Netherlands, with offices in New York, Durban, London, and Singapore.

African Energy Week 2022 will feature a discussion on financing access by the African Finance Corporation

Date:

African Energy Week 2022 will feature a discussion on financing access by the African Finance Corporation

  • News by AUN News correspondent
  • AUN News – ISSN: 2949-8090

Durban: The African Energy Week (AEW) conference and exhibition, Africa’s premier event for the oil and gas sector, will be held from October 18–21 this year in Cape Town. The African Energy Chamber (AEC) is proud to host a delegation from the pan-African multilateral development financial institution, the Africa Finance Corporation (AFC). The AFC will be a significant participant and driver in all conversations on financing Africa’s energy future because it represents one of the continent’s top financial institutions promoting socioeconomic growth through enhanced access to finance for the whole energy value chain.

AFC Supports Energy Projects Across The Continent

The AFC has been instrumental in maximising energy development throughout Africa since the organization’s founding in 2007. This has been accomplished by providing project development, technical advisory services, corporate finance, and financial advisory services and by assisting the continent’s diverse energy sector through partnerships with 34 nations, the private sector, and international partners. As a result of AFC investment, projects totalling $35 billion have been implemented in almost 35 different countries, adding over 2 GW of new power generation capacity.

The role of domestic and innovative solutions institutions like the AFC is crucial because Africa urgently needs to increase investment across the energy sector, specifically regarding oil and gas exploration, production, and infrastructure deployment, as targets are set to lift over 600 million people out of energy poverty and provide access to clean cooking to about 900 million people. Improving access to financing will be even more critical in 2022, primarily as global investment in African oil and gas continues to fall, mainly due to trends in the energy transition. As a result, the AFC continues to play a crucial role in making energy poverty a thing of the past on the continent by the year 2030 by championing several of the continent’s most significant oil and gas projects.

AFC 2022: Growing, diversifying and prospering

The AFC pledged to spend up to $1 billion in Angola, the continent’s top oil producer, in the commodities, rail, and power sectors in July 2022 after contributing $100 million to the Cabinda Refinery’s building to increase local output. The AFC also supports the construction of an oil and gas refinery and storage terminal in Guinea in collaboration with the Swiss energy company Brahms Oil Refineries. The AFC continues to be a dependable partner for African projects in the renewables sector as Africa aspires to diversify its energy mix for energy security while staying a climate champion. The AFC has added 16 new member countries in the previous four years. In cooperation with the Egyptian energy company Infinity Group, the institution entered into Africa’s most significant renewables deal in July 2022 by acquiring 100% ownership in independent power producer Lekela Power and taking over its enormous 2.8 GW portfolio. The AFC is successfully electrifying the continent by aiming to increase Lekela Power’s operating assets over the next four years.  In addition, the AFC committed an additional $45 million for the first solar photovoltaic power plant in Angola to be built in 2020.

How African Institutions Are Accelerating Private Investment In The Energy Sector To Solve Africa’s Energy Challenge

“Africa’s energy stakeholders must collaborate to invest major resources and advance industrialization to electrify the continent, provide energy security, and accelerate economic growth. While the region has long relied on foreign investment to fuel energy growth, African financial institutions are beginning to play a bigger role in 2022. As a result, AEW 2022 is dedicated to enhancing investment throughout the entire African energy sector and value chain to usher in a new era of growth and enable the continent to eradicate energy poverty by 2030. We are proud to host a delegation from the AFC at AEW 2022 and look forward to a fruitful, market-driven dialogue led by the institution itself, says NJ Ayuk, Executive Chairman of the AEC. “With the assistance of institutions like the AFC, Africa will be well equipped to become energy independent and resilient,” he adds.

Representatives from the AFC will participate in various forums and investor summits at AEW 2022. They will help shape discussions on how to improve access to financing, lead a just energy transition dialogue tailored to Africa, and make a compelling case for oil and gas funding in 2022 and beyond. 2022 is the ideal venue for signing agreements, forming alliances, and launching new project developments supported by AFC money and expertise because it brings together energy professionals, international financiers, governmental and private sector executives, and others for four days of networking.

Analysis by: Advocacy Unified Network

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