HomeNewsE Fest Cape Town to host Africa's Green Economy Summit To Hold...

E Fest Cape Town to host Africa’s Green Economy Summit To Hold February 2023

Cape Town, South Africa: Africa’s Green Economy Summit, an official E Fest Cape Town event is billed to hold between the 22nd to 24th of February, 2023.

According to the organisers, the event will focus on the exciting investment opportunities to accelerate Africa’s adoption of renewable energy, clean transport and clean technologies, such as green hydrogen, that can effect social change and development.

Cape Town will host the E Fest from 22-25 February 2023*-a curated mix of content and events, showcasing our electric future in the week leading up to the first E-Prix event to take place on the African continent.

“Our role is to be agents for positive change in the South African economy,” says Iain Banner, co-founder of E Movement Pty Ltd and Africa’s Green Energy Summit. “By staging the summit, we are creating a marketplace to ensure real investment is made into qualifying green economy opportunities, not just in South Africa but deep into Africa too. We are connecting global capital with African green economic opportunity, so as to ensure there is real impact on the ground”.

The summit’s focus on three of seven, interdependent green economy pillars; clean transport, renewable energy, and clean technologies, including green hydrogen, will drive a strong foundation of economic value and development. Due to rapid growth forecasts in population, motorisation, and urbanisation on the continent, it is urgent that these verticals become important to the agenda as transport decarbonisation is a core focus of cities and municipalities across the globe.

The event will highlight investment prospects that exist in the fields of green hydrogen, EVs and hybrid vehicles, energy storage, solar, hydro and wind energy, infrastructure development, smart cities as well as manufacturing. Creating a platform to bring stakeholders together in an environment where people and organisations will connect with information and to each other.

African cities and green-tech start-ups are spearheading the necessary change towards a just transition but require more capital to grow. Catalysing investments across local and international stakeholders is key to fast-tracking the development of projects and infrastructure to enable a net zero economy on the continent. This new era presents an unprecedented opportunity for projects to scale up, further development of infrastructure and re-industrialisation, which will have a significant impact on environmental sustainability and economic growth.

Governments across Africa are currently in the process of developing national plans and laying strategies to adapt their economies and growth models towards achieving the UN Sustainable Development Goals of 2030 and the Paris Climate Change Agreement.

Africa’s Green Economy Summit is organised in partnership with E Movement and Bellcrescent Partners by VUKA Group, which has more than 20 years’ experience in serving the business community across Africa.

Formerly known as Clarion Events Africa, a leading Cape Town-based and multi-award-winning organiser of exhibitions, conferences and digital events in the infrastructure, energy, mining, mobility, ecommerce and CX sectors, VUKA is an independent B-BBEE compliant company, adapted to the unique conditions of Africa. Other well-known events by VUKA Group include Enlit Africa, DRC Mining Week, Nigeria Mining Week, Smarter Mobility Africa, ECOM and CEM Africa.

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