NEW YORK, April 11, 2019 /PRNewswire/ -- ABO Capital, a leading international investment firm headquartered in Angola, announced today that its CEO Zandre Campos spoke at the13th German-African Energy Forum on March 28th for Dialogue Session: Financing and Insuring Energy Projects in Africa.
During the session Mr. Campos discussed why renewable energy is important in Africa, "there is an increasing world population, which means an increasing demand for energy. In addition, there is an obligation to reduce emissions. Currently only about 4% of our primary energy consumption is renewable energy. However, we must find ways to increase that share and use renewable energy to power our entire continent."
Mr. Campos also shared one of ABO's current investment projects in the energy sector, which is a company called Uncharted Play. Uncharted Play and its patented M.O.R.E. technology (motion – cased, off- grid, renewable energy), has the ability to harness the most under-utilized energy source in the world – kinetic energy – by placing customized micro generators within products that people use every day. Mr. Campos believes that Uncharted Play is an example of the type of innovation that people should work together to achieve.
"Germany is known as one of the biggest supplies in the world and I have seen a lot of electric equipment for renewable energy produced in Germany. I think this makes it a natural partnership and believe together we can light up all of Africa," added Mr. Campos.
The 13th German-African Energy Forum was held in Hamburg, Germany on March 27- 28. It is the most important platform for the European African energy business in Germany, which has attracted nearly 4,000 participants and 52 African delegates since 2006. The annual event focuses on the financing of energy projects on the African continent. In addition to new financing opportunities, e.g. within the context of the G20 Compact with Africa, innovative approaches for financing off-grid projects and financing partnerships, the conference also focuses on digitalization in the energy sector, renewable energies such as hydropower and hybrid systems, and the thermal recycling of waste.
Learn more about ABO Capital at http://www.abocapital.net/.
About ABO Capital
ABO Capital, formerly Angola Capital Investments, is an international investment firm that invests in companies in the healthcare, technology, energy, transportation, hospitality and real estate sectors throughout Africa. The mission of ABO Capital is to create global value for developing countries in Africa, while contributing to their economic development.
About Zandre Campos
Zandre Campos is one of the great, innovative business leaders and global entrepreneurs emerging out of Africa. Currently, he is chairman and CEO of ABO Capital, an international investment firm headquartered in Angola with holdings throughout the globe. Mr. Campos was named one of the Top 25 African business influencers and was a recipient of the Distinguished Business Excellence Award by African Leadership Magazine. He is frequently quoted as an expert on Africa in the media and is a recurring contributor for The Huffington Post and US News & World Report. He recently addressed both students and professors at the NYU Africa House on the opportunities in Africa.
SOURCE ABO Capital