Publication Type: SDG7 Reports
This fourth edition of AEEP’s flagship report on European Financial
Flows to SDG7 in Africa provides a comprehensive overview of
how SDG7 is being financed across the African continent, with a
specific focus on European contributions. Drawing on a decade
of data (2014-2023), the report provides a datadriven
analysis of the evolving financial landscape of SDG7,
providing insights on financing approaches and instruments, and
highlights remaining gaps and challenges.
The third report on ‘European financial flows on SDG7 to Africa’, commissioned by the Africa-EU Energy Partnership (AEEP), shows that current investments towards the UN Sustainable Development Goal 7 (SDG7) in Africa have led to notable progress, but larger efforts will be required to reach universal clean energy access on the continent. Building on the first two reports, the third edition provides a comprehensive analysis of the financing landscape for SDG7 in Africa over the 2014-2022 period. It shows that European Institutions and EU Member States continue to be global leaders in financing SDG7-related projects on the African continent.
Bonn, Germany – 21 February 2023 – The Africa-EU Energy Partnership’s second annual European Financial Flows on SDG7 to Africa report continues an investigation into European and other financial flows to Africa. The first report covered the period of 2014-2019, while this edition covers 2014-2020 and assesses the progress made towards achieving the SDG7 objective of providing access to cost-effective, dependable, sustainable, and modern energy for all.
Bonn, Germany – 31 August, 2021 – The Africa-EU Energy Partnership’s European Financial Flows on SDG7 to Africa report quantifies global commitments made towards the achievement of the UN’s Sustainable Development Goal 7 in Africa for the period 2014-2019. Estimating annual investment needs and assessing the present funding gap, the report shows clearly the progress made to date and highlights the quality of financing mobilised to support the SDGs and Agenda 2063, while also detailing the equitability of European financial flows through targeted support for poorer countries.