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62 - The African Green Revolution
Africa is becoming a hub for renewable energy investments. What opportunities exist for investors in this growing market?
The Climate Mentor
December 17th, 2024 • Estimated Reading Time: 4 minutes
New frontiers in mother of mankind land ♻️
Africa is rapidly emerging as a focal point for renewable energy investments, driven by its abundant natural resources and escalating energy demands.
The continent, home to 600 million people without electricity access, holds 60% of the world’s solar resources and untapped wind and hydropower potential.
Yet, only 5% of global energy investment flows to Africa.
Who is funding this revolution, and why are some nations thriving while others are left in the dark?
Share of finance to Africa by energy source - data for the 2012 / 2021 period.
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