I see Africa’s power deficit from both sides of the financing table: as an operator developing power solutions for businesses that cannot wait for the grid, and as the head of a financing platform assessing which energy assets can carry capital without depending on optimism. That experience leads me to a less fashionable conclusion about artificial intelligence and electricity. AI will increase demand for reliable power, but demand alone will not unlock African energy investment. Capital moves when demand becomes a contract, the contract becomes a predictable receivable, and the receivable is protected by enforceable rights over cash and assets.…
Author: Pela Miranghe
Pela Miranghe
Mr. Miranghe is Managing Director of Exusia Power & Gas Ltd and CEO of Leoht Capital Ltd, where he leads energy infrastructure development and investment across Africa. His work spans power generation, energy finance, and impact investment, with a focus on mobilising capital for reliable and sustainable energy infrastructure.