Owen Omogiafo, president and group CEO of Transnational Corporation Plc (Transcorp), has called for equitable energy access and gender-inclusive leadership in the energy sector.
She spoke during the HERizon Summit, a central feature of the Future Investment Initiative (FII), currently underway in Riyadh, Saudi Arabia.
Speaking as a panellist on the topic âThe Green Transition: How Can Women Power Sustainable Supply Chains?â, Omogiafo stressed the importance of a pragmatic approach to the energy transition, balancing sustainability goals with the urgent need for energy in underpowered regions like Africa.
She said that practical energy transition strategies that balance access in underpowered regions, such as Africa, where millions still lack reliable energy sources, are needed.
Omogiafo underscored Transcorp’s commitment to bridging the energy gap in Africa.
She remarked:
She remarked that millions in Nigeria and other parts of Africa lack reliable power, which significantly impacts economic growth, healthcare, and education.
Omogiafo also noted the reliance of renewable energy technologies on fossil fuel-based infrastructure and called for a balanced, pragmatic approach that does not overlook the infrastructure crucial to many communities.
She added:
Omogiafo, Transcorpâs first female group CEO, also used the summit to promote gender diversity in the energy industry.
She shared her experiences, noting how increased female representation in STEM fields is transforming traditionally male-dominated industries.
She also discussed Transcorpâs Intern X program, which introduces young women to power plant operations early in their education and inspires careers in energy and power.
Her words:
In addition to discussing Transcorpâs contributions, Omogiafo highlighted how initiatives like the Tony Elumelu Foundation Entrepreneurship Program have encouraged female participation in entrepreneurial ventures related to green energy and sustainability.
On an energy transition panel, Omogiafo stressed the importance of supporting solutions that cater to the continentâs urgent energy needs.
She said:
She shared Transcorpâs success in Nigeria, where the company has achieved a 50% market cap increase since listing its power plant earlier this year.
Omogiafo also called for a shift in language around energy transition, proposing an âenergy additionâ approach that bridges the gap between energy poverty and sustainable solutions.
She noted:
