Namibia to Host Historic Energy Summit as Africa Seeks to Collapse $130b Revenue Gap and Secure $5b African Energy Bank Funding

APO Group - Africa-Newsroom: latest news releases | 26-08-2026 06:45pm |

The International African Energy, Oil and Gas Summit (IAEOGS 2026) has issued a global call for delegates, sponsors, and exhibitors to attend a historic energy summit in Windhoek, Namibia, co-hosted with the Namibia University of Science and Technology. The summit aims to address Africa's energy crisis, where over 600 million people lack electricity and 900 million rely on biomass fuels. Africa loses an estimated $130 billion in GDP annually due to unreliable power grids, yet receives less than 3% of global energy investments. The event seeks to secure $5 billion in funding from the African Energy Bank to bridge this gap.

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