Charting Africa's future for energy management
Digital transformation is charting a new course for energy management and automation in Nigeria and Africa as a whole. How can the continent meet up with growing energy demand and tailor solutions to meet the peculiarities of the clime? Walid Sheta, Schneider Electrics' President for Middle East and Africa joins CNBC Africa to discuss why Africa is the next renewables power house and how the company is positioning in the local market.
Tue, 03 Sep 2024 11:38:18 GMT
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AI Generated Summary
- Importance of Technology and Innovation in Energy Management
- Focus on Renewable Energy and Energy Efficiency Solutions
- Investment in Local Talent and Infrastructure for Long-Term Growth
Digital transformation is revolutionizing energy management and automation across Nigeria and Africa as a whole, ushering in significant advancements to meet the rising energy demand in the region. Walid Sheta, President of Schneider Electric for the Middle East and Africa, recently shared insights on why Africa is positioned to become a renewables powerhouse and how the company is strategically navigating the local market. Sheta emphasized the importance of balancing energy needs, economic growth, and environmental sustainability, highlighting the critical role of technology and innovation in achieving these goals. As Africa continues to face challenges related to energy access and efficiency, Schneider Electric aims to leverage its expertise in smart grids, renewable energy, and energy-efficient solutions to drive positive change. With a strong focus on digitization and electrification, the company is empowering local talents and developing tailored solutions to address the unique energy landscape of Africa. Sheta emphasized the abundance of natural resources in Africa, including solar and wind energy, as key assets for driving the continent's energy transition. Schneider Electric's commitment to the region is evident through its investment in local talent and infrastructure, with a unified headquarters recently inaugurated in West Africa. Despite challenges in the market, the company remains optimistic about Africa's potential for sustainable growth and energy leadership in the global arena.