- The inception of the EU’s Global Gateway as well as multiple other initiatives have motivated a number of developed countries to give their commitment to resume energy infrastructure development in developing nations.
While Africa has an abundance of solar, wind, hydro, and geothermal power resources that afford immense opportunity to institute clean energy systems for its citizenry, access to power remains a pressing challenge across the continent, adversely impacting quality of life and development prospects. According to the PWC Africa Energy Review 2021, experts approximate the cost of attaining a continent-wide net-zero energy mix by 2050 to be $2.8 trillion
Current and Prospective Sources of Investment
Thus far, China has been the single biggest investor in Africa’s energy infrastructure. Furthermore, the inception of the EU’s Global Gateway as well as multiple other initiatives have motivated a number of developed countries to give their commitment to resume energy infrastructure development in developing nations.
How to further increase investment in Africa’s RE?
Attracting further investment requires innovative methods to address the financing of renewable projects. Greater insight into blended finance and public–private partnerships (PPP’s) is a necessity, as well as more defined roles that African governments and regional economic communities could play in integrating their power sector markets. Moreover, policymakers need to implement stable strategic and integrated power pool planning, along with transparent procurement policies, legal systems, regulatory frameworks, and international power pools.
JOIN US IN CAPE TOWN IN MARCH 2023 AND FIND NEW DEALS, ENERGY BUSINESS OPPORTUNITIES AND MEET THE WHO’S WHO OF AFRICAN ENERGY!
Visit the exhibition & attend the exhibition workshops at NO COST! The Africa Energy Indaba will host a series of free-to-attend workshops in the Exhibition Hall. These workshops will be hosted over the full 3 days of the exhibition & anyone can attend them.
THE AFRICA ENERGY INDABA SIDE EVENTS
Join over 1,000 African Energy Captains of Industry in 2023 for the 15th edition of the highly acclaimed Africa Energy Indaba to explore and find new business opportunities in the energy market in Africa. Energy Leaders from across the world and Africa will be sharing their views, challenges and key insights into the future of the African energy sector over the next 25 years.
The Africa Energy Indaba will unlock opportunities within:
- African Utilities & Regulators
- Country High Priority Energy Project development opportunities
- African Gas – infrastructure, gas and projects
- Independent Power Producers
- Off-grid and mini-grid opportunities
Do not miss it!
Learn more: africaenergyindaba.co.za | Enquiries: info@energyindaba.co.za
