Africa GreenCo
Eugine Malama holds a Master's degree in Mathematical Sciences from the African Institute for Mathematical Sciences and a Bachelor's degree in Mathematics and Statistics from the Copperbelt University. Currently serving as an Operations Scheduler and Data Analyst at Africa GreenCo/GreenCo Power Services Limited, Eugine's responsibilities include technical work streams and utilizing programming skills in Python, R, SQL, and Matlab for data manipulation and visualization. Previous experience includes a data analyst internship at GlobalShala and roles as a Mathematics Lecturer at Ndola Hill College and a mathematics tutor at Copperbelt University and Nkana College of Education. Additionally, Eugine has completed certifications in energy trading and risk management, further enhancing expertise in the field.
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Africa GreenCo
Africa GreenCo aims to increase private sector investment in energy generation in sub-Saharan Africa by mitigating the credit risks associated with the current lack of creditworthy offtakers. Current weak financial position of utilities and limited choice of an alternate buyer in case of utility default deters private capital. An intermediary aggregator between buyers and sellers can help attract sustainable investments in the power sector on the strength of a multi-buyer model. Its role as a financially sustainable intermediary offtaker and power trading company can also stimulate regional electricity trading and facilitate more efficient use of available and new resources by optimising them on a regional basis. Through its activities Africa GreenCo will increase the supply of, and the demand for, finance for energy projects, and mobilize private sector capital more quickly towards critical and transformative capacity additions, reducing pressure on utilities as well as financial liabilities for sovereign governments.