Showing posts with label Rising Stars. Show all posts
Showing posts with label Rising Stars. Show all posts

Tuesday, August 22, 2023

25 Under 40 Energy Women Rising Stars: Rekik Bekele

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Rekik Bekele
Rekik Bekele is the CEO and Founder of Green Scene Energy

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JOHANNESBURG, South Africa, August 22, 2023/ - The 25 Under 40 Energy Women Rising Stars is a list celebrating the remarkable achievements of a select group of women across Africa’s energy sector, such as Rekik Bekele. With the objective of providing access to electricity to Ethiopia’s population, Bekele founded Green Scene Energy, and serves as a source of inspiration for many across the industry. The African Energy Chamber (http://www.EnergyChamber.org) spoke to Bekele about her success and future aspirations.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

With a Bachelor of Science (BSc) degree in Electrical Engineering from Addis Ababa University, I have been actively engaged in the sector since 2010. My commitment to professional development and industry engagement is demonstrated by my role as a board member of the Ethiopian-Solar Energy Development Association and her participation as an Acumen East Africa fellow.

In 2016, I founded Green Scene Energy PLC, where I currently serve as the CEO and co-founder. The company has made remarkable achievements in expanding access to clean energy, creating job opportunities, and driving positive change within the industry. I take pride in providing solar home lighting solutions to over 9000 households, installing over 85 pumps, and implementing productive use solutions, thereby improving the lives of numerous individuals and communities.

My dedication to creating a sustainable energy future is further exemplified by my active participation as a keynote speaker in major off-grid energy events. Through these engagements, I share valuable insights and promote sustainable solutions, inspiring others and fostering dialogue within the renewable energy sector. I also take part in speaking engagements at universities and other events, where I aim to motivate and empower young women engineers.

The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

In the renewable energy industry, I have indeed faced several significant challenges along the way. The complexities within the energy industry have required careful navigation and innovative strategies to overcome.

Limited Access to Funding: One of the major challenges has been the limited availability of funding and financial resources. Building and scaling renewable energy projects require significant investments, and securing adequate funding can be a daunting task. To overcome this challenge, I actively sought out partnerships with investors, financial institutions, and international organizations that share our vision of sustainable energy solutions.

Regulatory Environment: Policies and regulations in the energy industry sometimes do not adequately support the growth and development of renewable energy projects. This creates hurdles for implementation and slows down market growth. To address this challenge, we actively engage with government agencies, policymakers, and industry associations to advocate for favorable policies and regulations.

Availability of Foreign Currency: Another challenge we encountered was the availability of foreign currency. This affected the importation of necessary equipment, materials, and components required for renewable energy projects. To navigate through this challenge, we worked closely with financial institutions and partners to explore alternative financing options and strategies for sourcing essential resources locally. This helped us overcome the limitations posed by currency availability.

Impact of the COVID-19 Pandemic: The COVID-19 pandemic had a significant impact on the renewable energy industry. It disrupted supply chains, leading to delays in project implementations and hindering access to necessary materials and resources. Additionally, the closure of construction sites and limitations on international travel also affected progress. To navigate through this challenge, we adapted our operations by implementing remote working arrangements, exploring local supply chains, and prioritizing the safety and well-being of our employees.

Internal Conflict: The internal unrest between the Ethiopian government and the Tigray People's Liberation Front further added to the challenges faced in the industry. This conflict disrupted operations, hindered project progress, and impacted stability in the region. To navigate through this challenge, we closely monitored developments and made necessary adjustments to ensure the safety of our staff and projects.

Despite these challenges, we remain committed to our goals of promoting sustainable energy solutions.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

As a young female aspiring to excel in the energy sector, I would advise you to:
  • Embrace Challenges: Be open to stepping out of your comfort zone and taking on challenging roles or projects. Sometimes, it's in these unfamiliar territories that you discover your true passion and purpose.
  • Seek Opportunities to Learn: Look for opportunities to gain knowledge and skills in the energy sector. Attend workshops, webinars, and conferences, and stay updated with the latest advancements in the industry. Continuous learning will help you stay ahead and excel in your field.
  • Build a Strong Network: Connect with professionals in the energy sector, both male and female. Networking can provide you with mentorship, guidance, and valuable connections that can help you overcome obstacles and reach your goals.
  • Be Resilient: Overcoming obstacles is a part of any career journey. Develop a mindset of resilience, tenacity, and determination. Learn from failures, adapt and keep moving forward towards your goals.
  • Find Your Passion and Purpose: Identify what truly motivates and inspires you in the energy sector. Whether it's finding solutions to community problems, like energy poverty, or innovating in the field of sustainable farming, align your work with your passion and become a driving force for positive change.
Remember, success is a journey, and perseverance, continuous learning, and passion will be your guiding lights along the way.

A career in energy can be demanding. Could you describe a typical day in your life?

A career in the energy sector is indeed demanding, and I can relate to the challenges you are facing. Here is a glimpse into a typical day in my life:

6:00 am: I start my day with exercise, either by going for a run or hitting the gym. Physical activity helps me stay energized and focused throughout the day.

8:00 am: I begin my workday by checking emails and reviewing my schedule for the day. This allows me to prioritize tasks and address any urgent matters.

9:00 am: I usually have meetings with my team to discuss ongoing projects, review progress, and address any challenges or opportunities. These discussions involve brainstorming solutions, making strategic decisions, and coordinating resources effectively.

11:00 am: I dedicate this time to collaborating with partners and stakeholders in the energy industry. This may include attending online conferences or meetings to explore potential collaborations, partnerships, or funding opportunities. Building strong relationships and networking are vital for success in this industry.

1:00 pm: I usually bring my lunch or breakfast to the office and have it around this time. Taking a break to nourish myself is important for maintaining focus and productivity.

6:00 pm: My work typically continues until this time, but it may sometimes extend to 8:00 pm or later, depending on the demands of the day. I prioritize completing pending tasks, following up on important matters, and preparing for the next day.

I understand the challenges of balancing work and family life. I am fortunate to have the support of my understanding and supportive family, especially my husband who is also my business partner. His sacrifice and dedication to our shared vision have been instrumental in establishing Green Scene Energy UK. While it can be demanding, I try to find a balance and make time for my family and personal interests like running and dancing.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I have several hopes for changes and advancements in the energy sector:
  • Energy Access for All: I hope to see a significant shift to ensure universal access to clean and affordable energy. I hope to see advancements in technology and innovative business models that can bring energy access to underserved communities, both in rural and urban areas.
  • Green Scene's vision is to contribute to the national electrification plan. Manufacturing solar appliances for rural households and generating energy with Power Purchase Agreements (PPA) are promising approaches.
  • Manufacturing Solar Appliances: By manufacturing solar appliances specifically designed for rural households, Green Scene can help bridge the electricity gap in Ethiopia. This initiative will provide access to clean and affordable energy for millions of households, improving their quality of life, and supporting socio-economic development.
  • Generating Energy with PPAs: PPAs can play a crucial role in increasing renewable energy generation capacity. By partnering with private investors, government entities, or utilities, Green Scene can establish renewable energy power plants and sell the generated electricity through long-term agreements.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber



25 Under 40 Energy Women Rising Stars: Ibilola Akinnola

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Ibilola Akinnola
Ibilola Akinnola is the LNG Shipbroker at Maersk

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JOHANNESBURG, South Africa, August 22, 2023/ -- As Africa’s energy sector expands, innovative approaches to exploring, developing and distributing energy are required. Featured on Africa’s 25 Under 40 Energy Women Rising Stars list is Ibilola Akinnola, who currently serves as an LNG Shipbroker at Maersk. Akinnola spoke with the African Energy Chamber (www.EnergyChamber.org) about the industry, some of the challenges she faced and what message she has for young females aspiring to excel in the energy sector.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

My journey in the energy sector started as a young lawyer in Lagos, Nigeria. After finishing my undergraduate degree in the UK and returning to Nigeria for law school, my interest in corporate law shifted to oil and gas law. As Nigeria remains predominantly an exporting country, oil and gas law ultimately led me to shipping law. My interest in the energy industry was sparked by my work at ACAS-Law (now Dentons ACAS-Law) as an oil and gas solicitor and shipping barrister. Due to the global nature of the shipping business, my experience as both a maritime barrister and oil and gas solicitor involved working on transactions for notable entities such as APM Terminals and NNPC on matters ranging from an arrest of a vessel in Nigerian waters to oil field acquisitions in the Niger Delta region for regional companies such as Seplat Nigeria.

Subsequently, I decide to return to the United Kingdom to further my understanding of the industry, by embarking on a master’s degree in International Shipping Law with a focus on trade disparities in the application of international shipping conventions in developing countries vs developed countries and the goal of specializing in shipping as a commodity. My master's degree highlighted the need for energy development in developing nations, particularly in African countries. I completed my master’s degree in 2020 and began working as an energy trainee for Energias de Portugal (EDP), a Lisbon-based Portuguese energy company, further expanding my network into European energy. This elevated me into price reporting at S&P Global, where I emerged as the sole market specialist for LNG freight markets in the Atlantic basin. It was here I saw the consolidation of all my contacts in Africa, Europe, and other locations as I analyzed and priced LNG shipping deals done west of the Suez Canal, covering Europe, Africa, and the Americas. This journey paved the way for my current role as an LNG Shipbroker at Maersk Broker.

Over the course of my career, which has covered three major continents, I have achieved a multitude of outstanding feats and pivotal milestones, these achievements include, but are not limited to:
  • Dentons Acas-Law legal team due diligence the oil field acquisition of OPL 276, situated in the eastern Niger Delta region.
  • Pioneering the conceptualization and launch of two first-to-market price assessments during my tenure at S&P Global. The first price assessment for two-stroke ships in the spot market to be assessed and published.
  • Elevated the role of LNG freight market specialist at S&P Global by amplifying visibility and fostering critical engagement on trade flow shifts. Notably, I was invited to present at the 44th Annual Caribbean Energy Conference in Santo Domingo, Dominican Republic, January 2023.  Engaging with regional stakeholders to analyse the effect of freight markets and trade dynamics within the Caribbean context.
  • Driving over 30% increase in engagement with African stakeholders in the LNG industry at Maersk Broker, looking to both small-scale LNG and larger scale shipping to ease entry into the global LNG shipping market of African entities.
The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

Navigating my journey, I encountered pivotal challenges that underscored the importance of access and opportunity. Foremost among these challenges was the perpetual struggle of gaining entry. Whether grappling with visa complexities as an international student seeking work in the UK during the pandemic's peak or contending with visa delays inherent to my Nigerian passport, my pursuit as an African in a global industry was marked by shut doors. A notable instance materialized in October 2020 when the onset of the COVID-19 pandemic not only shuttered international borders but also stagnated economies and hiring processes. This compelled me to depart from my role at EDP, returning to Nigeria and effectively commencing from square one at a juncture when I anticipated my career to flourish.

At the core of my approach lies the fundamental tenet, "Where there's a will, there's a way." Confronting such challenges has honed my capacity to pivot and adapt. During the subsequent four months spent in my parents' Nigeria home, I dedicated myself to applying for international opportunities in shipping and energy that transcended geographical confines and offered visa sponsorships. I harnessed the power of LinkedIn to cultivate my online network, compensating for my inability to be physically present in London or Lisbon for industry engagement. It was during this phase that and soon thereafter the opportunity at S&P Global came and I was back on a flight to London in February 2021.

Through persistence, adaptability, and a tenacious spirit, I've embraced the philosophy that challenges are not barriers but rather pathways to novel opportunities. My journey has reiterated the significance of resourcefulness in carving one's way forward and leveraging my unique blend of cultures from working and living in different environments as a strength.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

For young women with aspirations to excel in the dynamic energy sector, I offer the following guidance: embrace the courage to stand out, for it is often in those moments of distinctiveness that we carve our path to success. Allow your curiosity to guide you across diverse industries, as every experience will contribute to your growth and versatility. Don't be hesitant to welcome new challenges, for it is within these uncharted territories that your greatest innovation and capabilities can flourish. In a traditionally male-dominated field, it's essential to recognize the power of your uniqueness. Your different perspective, insights, and approaches can yield solutions that may not have been considered before. The energy sector is continuously evolving, demanding fresh perspectives to address complex challenges and drive innovation. By daring to stand out, you not only bring your own voice to the table but also contribute to the transformation of an industry that would only ever thrive on diversity of thought.

A career in energy can be demanding. Could you describe a typical day in your life?

In my role as a shipbroker, my days are a blend of diverse activities. I kickstart with emails, follow up on any ongoing discussions or shipping requirements from the days before and stay updated on the latest market developments. Engaging with clients in chartering discussions and opportunities, ensuring all viable opportunities are maximized. I delve into market research to provide accurate insights while continuously seeking networking opportunities enhances my industry connections.

Guiding clients through decisions and creatively solving problems are fundamental components to the role. As the day winds down, I ensure updates are shared with clients and colleagues alike. It's a fast-paced, rewarding role that relies on effective communication, thorough research, and adaptability to navigate the dynamic world of LNG shipping.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I envision a shift towards sustainable energy sources, driven by renewable technologies and innovative solutions to foster a greener future. In this landscape, I hope to bring a diverse perspective whereby I can merge my cultural insights with global industry trends and foster truly global trade in energy markets- particularly with the goal of maximizing Africa’s full energy potential.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber