**Interview with Nume Ekeghe**

In an effort to promote sustainable energy solutions throughout Africa, Stanbic IBTC recently hosted the Nigeria South Africa Chamber of Commerce’s September Breakfast Session in Lagos. The event focused on the theme, “Energy Transition: Identifying the Need and Financing the Opportunities.”

Could you tell us about the key objectives of this gathering?

Absolutely. This event brought together a diverse group of industry leaders, experts, and stakeholders to engage in meaningful discussions, share insights, and explore innovative strategies for addressing the needs related to energy transition. We focused on identifying the different opportunities available for financing these initiatives.

What insights did Wole Adeniyi, the Chief Executive of Stanbic IBTC Bank, share during the session?

Wole Adeniyi emphasized the critical importance of collaboration between Nigeria and South Africa. He pointed out that working together is essential for achieving sustainable economic growth and development. Additionally, he highlighted the significant role the financial sector plays in supporting cross-border investments and facilitating crucial business transactions for Africa’s economic integration.

Were there any specific discussions related to the energy sector?

Yes, both Adebola Seriki, Sector Head of Conglomerates & Industrials, and Richard Inegbedion, Sector Head of Energy & Infrastructure at Stanbic IBTC Bank, provided an in-depth analysis of the current state of the energy sector and its potential evolution, particularly in renewable energy. They addressed the electrification challenges that Africa faces in 2023 and explored the opportunities that lie ahead.