WOMEN IN THE POWER SECTOR: You need a thick skin, a good sense of humour and it’s not so much an issue anymore

Published: 03 May 2019

“I still have a good laugh every now and then when I enter a meeting and they assume I am either our CEO’s PA or the ‘marketing lady’,” says Zelda Weitz, COO of Symbion Power LLC, an independent power producer on the continent. She has lived, worked and travelled in 29 countries in Africa and says while things are changing, there is still a certain perception of roles that women are expected to perform in the sector: 

“I was once at a project meeting where the client asked me to take the notes, because I was the only female present. He blushed afterwards when I gave him my business card. You develop a thick skin and maintain a good sense of humour. That said, I am not scared to make coffee for my colleagues and most of the time at meetings you will find the females taking minutes or arranging the logistics alongside their real day jobs. Women really are good with attention to details and are very good at adapting in challenging environments. “

She adds: “it is, however, a nice challenge to be in the sector and in Symbion specifically, women are given many opportunities to grow. Our Country Manager in Madagascar is a female and we have a lady in our control room at the Mandroseza power plant in Tana. In Kenya our team is 50% female, to mention but a couple of examples.  I remember the days of visiting our construction sites in remote locations and the guys being surprised that I visited those sites that the Construction Directors did not bother to visit.  I do see more female engineers, technicians and managers in the sector and at events nowadays. Things are changing.” Read full interview here.

The Symbion Power COO is a delegate at this year’s African Utility Week and POWERGEN Africa conference and exhibition in Cape Town from 14-16 May where women in the sector are celebrated and making a valuable contribution to the programme. This includes a “Women in Power Lunch”, hosted by the Canadian government and USA’s Power Africa initiative, focusing on “Capturing the Value of Private Sector Investment in Generation, Transmission or Distribution” and how women are taking the lead in the power sector.

Breaking new ground
Sindi Mzamo, Director at Divaine Growth Solutions, says “my journey started as a COO and Head of Marketing of the Edison Power Group and I was the first and only woman among the five directors on the board of the Edison Power Group. My vision has always been to break new ground for South Africa’s black people, particularly women in the business and economic arenas particularly in the energy sector.” Ms Mzamo is an event ambassador for and partner of African Utility Week and POWERGEN Africa. As part of this partnership, eight SMEs that are owned by women and are operating in the energy sector will be part of the Initiate! pavilion at the African Utility Week and POWERGEN Africa exhibition floor.

She adds: “Divaine Growth Solutions is currently running an 18 month Female Development Programme focusing on emancipation and empowerment of women-owned businesses within the energy sector. The vision for the programme is to provide needed support to these SMEs from industry related information, access to market, access to financial information, network and possible venture opportunities. I think having a programme like this will not only encourage the current women in the sector but will also attract the upcoming young women leaders to pursue careers within the energy space.” Read full interview here.

“Not so much an issue anymore”
Penny Herbst, Strategy Director at Africa GreenCo and a 30-year veteran of the energy industry says that based on her experience at Eskom: “women have been making a contribution in the utility environment across various disciplines for quite some time and I think it has got to a point, especially from the utility’s point for view that it is not so much of an issue anymore.”

She continues: “I am not sure I can say as much for the private sector especially as it pertains to my across-discipline remark, but I stand to be corrected. However, from a visibility point of view it still seems to be a man’s world. I would like to qualify this statement in one respect, I see far more women being entrepreneurial in the energy space and starting businesses as opposed to there being a real visible change in the energy corporate / IPP space.  Progress has to include mechanisms to measure and monitor sustainability and further define what exactly is meant by gender parity and remuneration thereof. Regarding my remark re the private sector, perhaps I will be proved wrong and I hope so – let’s see what the mix is like at African Utility Week and POWERGEN Africa!” Read full interview here.

At the upcoming event in Cape Town later this month, Ms Herbst will moderate a conference session on financing renewable projects.

Diverse status quo
“Gender diversity is a no-brainer,” says Miriam Mannak, a freelance energy correspondent and event ambassador, “particularly considering the large numbers of women graduating from university. What applies to companies, applies to entire sectors. Africa's energy sector will not be able to develop, progress, and remain competitive and relevant if it refuses to transform and move on from being predominantly male-based structure to a diverse status quo. This is 2019, after all.” Read full interview here.

The 19th edition of African Utility Week and POWERGEN Africa, the continent’s leading sector conference and exhibition, is expected to attract more than 10 000 energy and water professionals this year.

African Utility Week and POWERGEN Africa is the flagship energy event organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the energy, infrastructure, mining and agriculture sectors. Other well-known events by Spintelligent include Future Energy East Africa, Future Energy Nigeria, the Utility CEO Forums, Agritech Expo Zambia, Nigeria Mining Week and DRC Mining Week. Spintelligent is part of the UK-based Clarion Events Group and African Utility Week and POWERGEN Africa form part of Clarion Energy, which runs over 40 events that cover the oil, gas, power and energy sectors, making it one of Clarion Events’ largest portfolios.

Dates for African Utility Week and POWERGEN Africa:
Conference and expo: 14-16 May 2019
Site visits: 17 May 2019
Location: CTICC, Cape Town, South Africa

Website: http://www.african-utility-week.com  
Twitter: https://twitter.com/AfricaUtilities    #AUW2019   
Linkedin: African Utility Week

Contact:
Senior communications manager:  Annemarie Roodbol
Telephone:  +27 21 700 3558
Mobile:  +27 82 562 7844
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.  

Financing energy projects in Africa: “the traditional business model needs to change”

Published: 26 April 2019

African Utility Week and POWERGEN Africa to gather 10 000+ in Cape Town in May

Honestly, I think the business model for energy investment needs to change” says Penny Herbst, Director Strategy for Africa GreenCo. “There are far too many players that are comfortable with the same structures for investment, selling to an SOE (state-owned enterprise) with a government guarantee. What we really need at present is for investors to have a stake where their influence contributes to improving the Electricity Supply Industry (ESI) as a whole.  Both current investors familiar with the South African environment and those that wish to enter the market for the first time are awaiting the release of the revised IRP for their next move.”    

She explains that Africa GreenCo has an innovative business model “where it will function as an intermediary buyer and seller of power from IPPs and in this role will aggregate financial and supply risks in a portfolio approach by, amongst others, using local and regional markets to transparently diversify its risks.” 

Municipalities part of ESI
With regards to the role of municipalities, Ms Herbst, who is a former Eskom employee and 30-year veteran of the energy industry, says: “the municipalities are as much a part of the ESI as Eskom and as a matter of fact, in most large metros they add a margin in excess of 100% to Eskom’s tariff e.g. Eskom charges the municipalities approximately ZAR 1 / Wh and they in turn charge ZAR 2+ / kWh to their customers.  This is exorbitant and to make matters worse the charges associated with pre-paid exceed those of post-paid. Surely pre-paid customers are a better credit quality than those that are being billed in arrears.  The question to be raised here is who is benefitting from pre-paid meters, if it is the private sector, is their remuneration commensurate with their risk?” 

She adds: “what is clear though is that there is a myriad of players lying in wait to capitalise on the gap that has been created by the unfolding Eskom financial and reliability challenge. Can we as a country honestly say that the planning and pricing impact for this has been fully comprehended?“

Ms Herbst will moderate a conference session on “Financing renewable energy projects” at the upcoming African Utility Week and POWERGEN Africa in Cape Town from 14-16 May. Click here to read her full interview: An electricity sector in turmoil - Unpacking what transpired.

Educating investors on risk
“We are seeing greater interest from international investors than we have in the past” says Romain Py, Investment Director – Head of Transactions, African Infrastructure Investment Managers Pty Ltd (AIIM). “It is, however, important to note that the African private equity industry is still at an early stage of development relative to the traditional markets. As a result, the key focus for the industry needs to be on educating investors, notably on how to manage risks, and the large gap between perceived risks and actual residual risks for deals.”

AIIM is a shareholder in the Albatros Energy Mali project which won Project of the Year at the African Utility Week Industry Awards last year. Albatros Energy Mali, an HFO thermal power station, is Mali’s first independent power producer (IPP) project. Py adds: “There is also a need to educate governments on the requirements for increased private sector participation and consistency of policies and regulation. Reforms have been enacted in some countries in order to encourage Africa-based institutional investors to allocate capital to the asset class. However, more remains to be done to fully harness private equity’s potential to contribute to Africa’s socio-economic development.” For Romain Py’s full interview click here.

This year’s African Utility Week and POWERGEN Africa dedicates a full three-day conference track to investment and finance in the energy sector. AIIM’s Romain Py is part of a panel discussion on: “What impact will the financial and investment landscape for 2019 have on Africa’s power infrastructure?”

Mini grids, deregulation
“Deregulation would open a market for people to produce power and sell power and that would revolutionise the energy landscape in South Africa. Technically it wouldn’t be a difficult or complex thing to do; there are plenty of precedents around the world where it has worked really well” – this is according to says Dr Sam Duby, Africa Director for TFE Energy and mini grid expert.

He continues: “creating a market for independently produced energy would also very quickly incentivise and unlock investment into the space. As more projects were built and generation capacity added, you would also very quickly get more system resilience. Blackouts really could be a thing of the past.“

At African Utility Week and POWERGEN Africa in May, Dr Duby will address the Energy Revolution Africa conference session on the latest developments and long-awaited cooperation in the African micro grid industry. See more from Dr Duby here.

The 19th edition of this leading conference and exhibition is expected to attract more than 10 000 energy and water professionals this year.

African Utility Week and POWERGEN Africa is the flagship energy event organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the energy, infrastructure, mining and agriculture sectors. ESI Africa is the longstanding host publication of the event. Other well-known events by Spintelligent include Future Energy East Africa, Future Energy Nigeria, the Utility CEO Forums, Agritech Expo Zambia, Nigeria Mining Week and DRC Mining Week. Spintelligent is part of the UK-based Clarion Events Group and African Utility Week and POWERGEN Africa form part of Clarion Energy, which runs over 40 events that cover the oil, gas, power and energy sectors, making it one of Clarion Events’ largest portfolios.

Dates for African Utility Week and POWERGEN Africa:
Conference and expo: 14-16 May 2019
Site visits: 17 May 2019
Location: CTICC, Cape Town, South Africa

Website: http://www.african-utility-week.com  
Twitter: https://twitter.com/AfricaUtilities    #AUW2019   
Linkedin: African Utility Week

Contact:
Senior communications manager:  Annemarie Roodbol
Telephone:  +27 21 700 3558
Mobile:  +27 82 562 7844
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.