Bold Leadership and Inclusivity Vital for Africa’s Energy Future – Olu Verheijen
Speaking at the African Energy Week in Cape Town, she highlighted the urgent need to unlock the continent’s vast energy potential by building a diverse and empowered workforce.
Verheijen pointed out that despite Africa’s abundant natural resources, over 75% of its population lacks reliable energy access. To address this, she called for energy to become a driver of industrialization and development rather than a limitation.
“Shaping Tomorrow’s Workforce”
In her keynote address, Verheijen underscored the importance of engaging women and young people in the energy sector. She advocated for increased participation in science, technology, engineering, and mathematics (STEM) fields, along with career advancement opportunities for women.
“Women need advocates who will support their growth, position them for opportunities, and ensure their representation at the highest levels,” Verheijen said.
Reflecting on her own journey, she credited President Tinubu for prioritizing inclusivity in leadership. “His commitment to empowering women and young people has set a precedent,” she said, noting that her role has allowed her to contribute to meaningful reforms and investments in Nigeria’s energy sector.
Progress and Achievements
Verheijen detailed significant milestones in Nigeria’s energy sector under her tenure:
- Clarification of regulatory roles to attract investment.
- Introduction of reforms to reduce operational costs and project timelines.
- Establishment of fiscal incentives for non-associated gas and deepwater exploration, including Nigeria’s first fiscal framework for deepwater gas since 1991.
“These efforts have unlocked over $1 billion in investments across the value chain,” Verheijen announced. She added that by mid-2025, Nigeria expects final investment decisions on two major projects, including a groundbreaking multibillion-dollar deepwater exploration initiative.
A Vision for Africa’s Energy Future
Looking forward, Verheijen expressed optimism about Africa’s potential to become a global leader in energy production and export, encompassing both fossil fuels and renewables.
“Africa’s energy transformation requires bold, innovative leadership that is not constrained by outdated assumptions,” she said. “We must embrace the perspectives and capabilities of women, who constitute half of the continent’s population, to build the Africa of our dreams.”
Related Posts
Verheijen concluded with a message of hope for young women across Africa: “I will always be grateful for this opportunity, and I am committed to paying it forward so others can showcase their abilities. By narrowing the gender gap, we can create a stronger, more inclusive Africa.”
The keynote marked a pivotal moment in the discourse on Africa’s energy future, highlighting the continent’s potential for growth through inclusivity and visionary leadership.
