Africa GreenCo
Longo Chellah is an experienced professional in energy trading and management, currently serving as Trading Manager at Africa GreenCo/GreenCo Power Services Limited since September 2020. In this role, responsibilities include executing trade bidding, managing power flows and transactions, and overseeing the development of the company’s energy trading and risk management system. Prior positions include Associate Trading Manager and Energy Trader, along with a role as Management Assistant focused on operationalizing GreenCo in Zambia and developing a bespoke trading system. Longo’s background includes internships at Mopani Copper Mines and Copperbelt Energy Corporation, supporting electrical engineering and power systems maintenance roles. Academic credentials encompass a recent degree from Stanford University in Energy Innovation and Emerging Technologies, a Bachelor's degree in Electrical and Electronic Engineering from the University of Zambia, and additional certifications in Energy Trading & Risk Management and Renewable Energy. Longo is also pursuing a specialization in Environmental, Social, & Governance investments at the Corporate Finance Institute.
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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.