• CERAWeek
  • March 18 - 22, 2024
  • About

Dele Kuti

Standard Bank

Global Head, Energy and Infrastructure Group

Dele is the Global Head, Energy and Infrastructure for standard group. He is a 18-years veteran with the Standard Bank Group (SBG) where he started his career with the Nigerian Subsidiary; StanbicIBTC Bank as the Country Head for the Oil and Gas & Power and Infrastructure sectors. He held this role which included responsibilities for Investment Banking Coverage for over 9 years and subsequently appointed as Nigeria Country Head of Client Coverage for Corporate and Investment Banking. He has since moved to the parent company in 2018 assuming the role of Global Head of Oil and Gas and now Global Head for Energy and Infra ( inclusive of Oil & Gas) for the South Africa based organization. Dele is based in Johannesburg, South Africa supported by team in International and African region for Standard Bank group. Prior to his time with SBG, Dele has held a wide range of positions across organizations such as Standard Chartered Bank in the Wholesale Banking group, and Citi Bank as a Relationship Manager with extensive experience in Risk management over a period of 10 years. Dele is focused on delivering Standard Bank’s financing and advisory expertise in Africa to clients around the world with special focus on Africa. 

Sessions With Dele Kuti

Thursday, 9 March

  • 07:15am - 08:20am (CST) / 09/mar/2023 01:15 pm - 09/mar/2023 02:20 pm

    Overcoming Africa’s Power Shortage
    Power & Renewables
    It has been quipped that Africa’s energy transition is a “transition from no energy to energy.” Africa’s electrification faces an immense challenge: 600 million citizens currently lack access to power, and by 2050, Africa’s population is expected to grow by an additional 1.2 billion people, thus potentially deepening the energy deficit. This pervasive energy poverty is compounded by profound economic fragility, by government policies burdening insolvent utilities and by the expectation from financiers, mostly in advanced economies, that power additions be decarbonized. For power investment in Africa to be successful, it must strike the right balance between technology, finance and governance. However, meeting these challenges also presents a great opportunity—starting with addressing the continent’s critical need for accessible, affordable and reliable power supply. Building off past success on the continent, what new models of collaboration can be adopted to facilitate and accelerate power investment?
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