Guest essay by Eric Worrall
Africa has just produced a report which estimates between $60 – $90 billion per year will be required for Africa’s green energy revolution.
Following high-level declarations at the Sustainable Development Goals and the Paris Climate Conference in late 2015, there is a growing appetite for renewable energy in Africa. This is much-needed; the continent’s energy supplies are not meeting the needs and aspirations of its people. A better system will promote economic diversification, raise productivity, and improve the health and wellbeing of citizens.
Africa requires between $60 and $90 billion annually to address its energy shortfall, roughly quadruple 2014 investment levels. While fossil fuels, notably coal, oil and gas, continue to provide a signi cant quantity of energy – especially in South Africa – renewables need to play a greater role.
Africa has plentiful resources, from geothermal power in Kenya and Ethiopia to hydropower…
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